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50 of 504 unique stocks in common · Jaccard: 9.9%
A weighted portfolio overlap of 12.13% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.13 is allocated to the exact same companies at the same relative proportions. The schemes share 50 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 2.99% in Back to Index and 7.20% in Tata Nifty India Digital Exchange Traded Fund. Holding both schemes increases your concentration in Bharti Airtel 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 Tata |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.99% | 7.20% |
| InfosysIT - Software | 2.14% | 6.44% |
| Tata Consultancy ServicesIT - Software | 1.30% | 6.68% |
| EternalRetailing | 0.92% | 7.47% |
| HCL TechnologiesIT - Software | 0.65% | 6.11% |
| Tech MahindraIT - Software | 0.48% | 5.67% |
| WiproIT - Software | 0.30% | 3.52% |
| PB FintechFinancial Technology (Fintech) | 0.29% | 6.03% |
| Persistent SystemsIT - Software | 0.27% | 3.41% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.24% | 4.89% |
| CoforgeIT - Software | 0.21% | 2.98% |
| LTIMindtreeIT - Software | 0.20% | 2.27% |
| FSN E-Commerce VenturesRetailing | 0.19% | 3.73% |
| Info Edge (India)Retailing | 0.19% | 3.95% |
| SwiggyRetailing | 0.19% | 3.68% |
| MphasisIT - Software | 0.16% | 1.81% |
| Vodafone IdeaTelecom - Services | 0.15% | 4.01% |
| Oracle Financial Services SoftwareIT - Software | 0.12% | 1.44% |
| Tata CommunicationsTelecom - Services | 0.10% | 2.40% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 0.08% | 1.60% |
| Tata ElxsiIT - Software | 0.07% | 0.89% |
| Bharti HexacomTelecom - Services | 0.06% | 1.17% |
| KPIT TechnologiesIT - Software | 0.06% | 0.76% |
| Affle 3iIT - Services | 0.05% | 0.56% |
| L&T Technology ServicesIT - Services | 0.05% | 0.57% |
| SagilityIT - Services | 0.05% | 0.57% |
| Tata TechnologiesIT - Services | 0.05% | 0.73% |
| Cartrade TechRetailing | 0.04% | 0.76% |
| CyientIT - Services | 0.04% | 0.46% |
| Inventurus Knowledge SolutionsIT - Services | 0.04% | 0.50% |
| BirlasoftIT - Software | 0.03% | 0.32% |
| Brainbees SolutionsRetailing | 0.03% | 0.52% |
| Hexaware TechnologiesIT - Software | 0.03% | 0.45% |
| Indiamart IntermeshRetailing | 0.03% | 0.64% |
| Intellect Design ArenaIT - Software | 0.03% | 0.38% |
| MeeshoRetailing | 0.03% | 0.54% |
| PhysicswallahOther Consumer Services | 0.03% | 0.51% |
| Sonata SoftwareIT - Software | 0.03% | 0.31% |
| Urban CompanyRetailing | 0.03% | 0.42% |
| Zensar TechnologiesIT - Software | 0.03% | 0.34% |
| BLS International ServicesLeisure Services | 0.02% | 0.33% |
| Newgen Software TechnologiesIT - Software | 0.02% | 0.17% |
| Pine LabsFinancial Technology (Fintech) | 0.02% | 0.27% |
| TBO TekLeisure Services | 0.02% | 0.44% |
| Tejas NetworksTelecom - Equipment & Accessories | 0.02% | 0.44% |
| C.E. Info SystemsIT - Software | 0.01% | 0.09% |
| ITITelecom - Equipment & Accessories | 0.01% | 0.30% |
| Latent View AnalyticsIT - Software | 0.01% | 0.14% |
| RailTel Corporation of IndiaTelecom - Services | 0.01% | 0.29% |
| Tata Teleservices (Maharashtra)Telecom - Services | 0.01% | 0.22% |
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.