Loading fund overlap…
15 of 44 unique stocks in common · Jaccard: 34.1%
A weighted portfolio overlap of 45.16% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.16 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Kalyan Jewellers India, which commands a weight of 5.06% in Back to Index and 9.20% in Back to Index. Holding both schemes increases your concentration in Kalyan Jewellers India 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 |
|---|---|---|
| Kalyan Jewellers IndiaConsumer Durables | 5.06% | 9.20% |
| EternalRetailing | 4.64% | 8.07% |
| ICICI BankBanks | 4.43% | 5.20% |
| Ellenbarrie Industrial GasesChemicals & Petrochemicals | 3.44% | 5.06% |
| CG Power and Industrial SolutionsElectrical Equipment | 4.19% | 3.42% |
| IndusInd BankBanks | 3.33% | 3.09% |
| CoforgeIT - Software | 2.99% | 7.23% |
| Bharti AirtelTelecom - Services | 2.84% | 3.95% |
| Persistent SystemsIT - Software | 2.77% | 8.63% |
| Healthcare Global EnterprisesHealthcare Services | 2.72% | 6.55% |
| HDFC BankBanks | 2.51% | 4.39% |
| Muthoot FinanceFinance | 2.25% | 2.43% |
| Billionbrains Garage VenturesCapital Markets | 2.18% | 2.36% |
| Thirumalai ChemicalsChemicals & Petrochemicals | 1.43% | 1.76% |
| UNO MindaAuto Components | 1.39% | 1.84% |
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.