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11 of 303 unique stocks in common · Jaccard: 3.6%
A weighted portfolio overlap of 4.01% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.01 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Aster DM Healthcare, which commands a weight of 0.89% in Back to Index and 0.64% in HDFC Flexi Cap Fund. Holding both schemes increases your concentration in Aster DM Healthcare 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 HDFC |
|---|---|---|
| Aster DM HealthcareHealthcare Services | 0.89% | 0.64% |
| Kalpataru Projects InternationalConstruction | 0.71% | 0.59% |
| Dr. Lal Path LabsHealthcare Services | 0.53% | 0.66% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.50% | 1.53% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.88% | 0.40% |
| CyientIT - Services | 0.37% | 0.49% |
| The Ramco CementsCement & Cement Products | 0.59% | 0.34% |
| Sapphire Foods IndiaLeisure Services | 0.24% | 0.36% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.15% | 0.60% |
| BirlasoftIT - Software | 0.31% | 0.13% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.65% | 0.12% |
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.