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55 of 507 unique stocks in common · Jaccard: 10.8%
A weighted portfolio overlap of 31.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.44 is allocated to the exact same companies at the same relative proportions. The schemes share 55 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.66% in Back to Index and 4.55% in Franklin India Large & Mid Cap Fund ^. Holding both schemes increases your concentration in ICICI Bank rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in Back | in Franklin |
|---|---|---|
| ICICI BankBanks | 4.66% | 4.55% |
| HDFC BankBanks | 6.09% | 2.86% |
| State Bank of IndiaBanks | 2.29% | 2.22% |
| InfosysIT - Software | 2.14% | 2.07% |
| Larsen & ToubroConstruction | 2.43% | 1.90% |
| Axis BankBanks | 1.88% | 3.95% |
| Bharti AirtelTelecom - Services | 2.99% | 1.58% |
| Kotak Mahindra BankBanks | 1.46% | 2.88% |
| Mahindra & MahindraAutomobiles | 1.43% | 3.09% |
| EternalRetailing | 0.92% | 4.00% |
| Hindalco IndustriesNon - Ferrous Metals | 0.77% | 1.90% |
| Power Grid Corporation of IndiaPower | 0.74% | 0.95% |
| Ultratech CementCement & Cement Products | 0.71% | 1.60% |
| HCL TechnologiesIT - Software | 0.65% | 1.27% |
| Asian PaintsConsumer Durables | 0.57% | 1.58% |
| InterGlobe AviationTransport Services | 0.50% | 0.99% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.44% | 1.38% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.41% | 1.53% |
| Max Healthcare InstituteHealthcare Services | 0.38% | 1.18% |
| Tata Power CompanyPower | 0.38% | 1.23% |
| AU Small Finance BankBanks | 0.30% | 1.92% |
| LupinPharmaceuticals & Biotechnology | 0.29% | 1.01% |
| PB FintechFinancial Technology (Fintech) | 0.29% | 1.86% |
| Persistent SystemsIT - Software | 0.27% | 2.19% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.24% | 0.67% |
| Dixon Technologies (India)Consumer Durables | 0.24% | 1.60% |
| ICICI Lombard General Insurance CompanyInsurance | 0.22% | 1.46% |
| Max Financial ServicesInsurance | 0.22% | 2.05% |
| CoforgeIT - Software | 0.21% | 1.10% |
| MaricoAgricultural Food & Other Products | 0.21% | 2.24% |
| ABB IndiaElectrical Equipment | 0.20% | 1.43% |
| Info Edge (India)Retailing | 0.19% | 1.69% |
| SRFChemicals & Petrochemicals | 0.19% | 1.67% |
| SwiggyRetailing | 0.19% | 1.82% |
| 360 One WamCapital Markets | 0.14% | 1.60% |
| Colgate Palmolive (India)Personal Products | 0.14% | 1.98% |
| Godrej PropertiesRealty | 0.14% | 1.00% |
| Sona BLW Precision ForgingsAuto Components | 0.14% | 1.15% |
| Dabur IndiaPersonal Products | 0.13% | 0.80% |
| DelhiveryTransport Services | 0.13% | 0.86% |
| Vishal Mega MartRetailing | 0.13% | 2.19% |
| Blue StarConsumer Durables | 0.12% | 0.26% |
| Oberoi RealtyRealty | 0.10% | 1.13% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.09% | 1.39% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 0.09% | 2.59% |
| Brigade EnterprisesRealty | 0.06% | 1.28% |
| HDB Financial ServicesFinance | 0.06% | 1.46% |
| JSW InfrastructureTransport Infrastructure | 0.05% | 1.10% |
| SagilityIT - Services | 0.05% | 1.50% |
| United BreweriesBeverages | 0.05% | 1.47% |
| Endurance TechnologiesAuto Components | 0.04% | 1.68% |
| Aadhar Housing FinanceFinance | 0.03% | 1.57% |
| Hexaware TechnologiesIT - Software | 0.03% | 1.09% |
| Jubilant IngreviaChemicals & Petrochemicals | 0.03% | 0.94% |
| Canara HSBC Life Insurance CoInsurance | 0.01% | 1.93% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on May 2026). Equity holdings only, ISIN-verified. Not investment advice.