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13 of 102 unique stocks in common · Jaccard: 12.7%
A weighted portfolio overlap of 5.41% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.41 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Hero MotoCorp, which commands a weight of 4.00% in Back to Index and 1.59% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Hero MotoCorp 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 |
|---|---|---|
| Hero MotoCorpAutomobiles | 4.00% | 1.59% |
| Hindustan AeronauticsAerospace & Defense | 2.02% | 1.11% |
| Eicher MotorsAutomobiles | 1.67% | 0.62% |
| Bharat Petroleum CorporationPetroleum Products | 3.52% | 0.60% |
| Life Insurance Corporation of IndiaInsurance | 2.25% | 0.29% |
| VedantaDiversified Metals | 1.74% | 0.29% |
| LupinPharmaceuticals & Biotechnology | 4.43% | 0.19% |
| Bajaj AutoAutomobiles | 1.91% | 0.17% |
| Malco EnergyOil | 0.78% | 0.13% |
| Talwandi Sabo PowerPower | 0.78% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.78% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 0.78% | 0.13% |
| Indian Oil CorporationPetroleum Products | 3.50% | 0.02% |
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.