Loading fund overlap…
5 of 49 unique stocks in common · Jaccard: 10.2%
A weighted portfolio overlap of 14.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.85 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.34% in Back to Index and 10.72% in Back to Index. Holding both schemes increases your concentration in Reliance Industries 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 to Index | in Back to Index |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.34% | 10.72% |
| Jain Resource RecyclingDiversified Metals | 3.26% | 4.11% |
| NTPCPower | 2.97% | 4.09% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.58% | 2.74% |
| Gabriel IndiaAuto Components | 3.64% | 2.54% |
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 Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.