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27 of 276 unique stocks in common · Jaccard: 9.8%
A weighted portfolio overlap of 11.75% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.75 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is Karur Vysya Bank, which commands a weight of 3.64% in Back to Index and 1.35% in ICICI Prudential Nifty Smallcap 250 Index Fund. Holding both schemes increases your concentration in Karur Vysya 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 ICICI |
|---|---|---|
| Karur Vysya BankBanks | 3.64% | 1.35% |
| Central Depository Services (India)Capital Markets | 1.21% | 1.09% |
| City Union BankBanks | 1.48% | 0.91% |
| Cholamandalam Financial HoldingsFinance | 1.20% | 0.77% |
| Asahi India GlassAuto Components | 2.00% | 0.54% |
| Onesource Specialty PharmaPharmaceuticals & Biotechnology | 1.41% | 0.50% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 1.26% | 0.47% |
| SagilityIT - Services | 0.70% | 0.47% |
| Five Star Business FinanceFinance | 1.91% | 0.43% |
| Triveni TurbineElectrical Equipment | 1.44% | 0.42% |
| Syrma SGS TechnologyIndustrial Manufacturing | 1.87% | 0.41% |
| PG ElectroplastConsumer Durables | 1.45% | 0.38% |
| CCL Products (India)Agricultural Food & Other Products | 4.10% | 0.37% |
| Gabriel IndiaAuto Components | 2.03% | 0.34% |
| Rainbow Childrens MedicareHealthcare Services | 2.17% | 0.34% |
| Aditya Birla Real EstateRealty | 1.19% | 0.32% |
| KEC InternationalConstruction | 0.92% | 0.32% |
| Vijaya Diagnostic CentreHealthcare Services | 2.83% | 0.32% |
| eClerx ServicesCommercial Services & Supplies | 1.27% | 0.30% |
| Aditya InfotechIndustrial Manufacturing | 3.23% | 0.28% |
| Chalet HotelsLeisure Services | 1.33% | 0.28% |
| BirlasoftIT - Software | 1.18% | 0.26% |
| Sonata SoftwareIT - Software | 1.02% | 0.25% |
| JM FinancialFinance | 1.96% | 0.25% |
| Aegis Vopak TerminalsOil | 1.53% | 0.14% |
| Allied Blenders And DistillersBeverages | 0.13% | 0.15% |
| Jain Resource RecyclingDiversified Metals | 0.82% | 0.10% |
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.