Loading fund overlap…
13 of 42 unique stocks in common · Jaccard: 31%
A weighted portfolio overlap of 38.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.23 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 Shaily Engineering Plastics, which commands a weight of 5.49% in Back to Index and 5.12% in Back to Index. Holding both schemes increases your concentration in Shaily Engineering Plastics 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 |
|---|---|---|
| Shaily Engineering PlasticsConsumer Durables | 5.49% | 5.12% |
| EternalRetailing | 4.64% | 5.57% |
| ICICI BankBanks | 4.43% | 6.88% |
| IndusInd BankBanks | 3.33% | 3.60% |
| CoforgeIT - Software | 2.99% | 5.56% |
| CG Power and Industrial SolutionsElectrical Equipment | 4.19% | 2.97% |
| Bharti AirtelTelecom - Services | 2.84% | 4.58% |
| Ellenbarrie Industrial GasesChemicals & Petrochemicals | 3.44% | 2.67% |
| Kalyan Jewellers IndiaConsumer Durables | 5.06% | 2.64% |
| Reliance IndustriesPetroleum Products | 2.31% | 3.02% |
| NTPCPower | 1.90% | 4.85% |
| Shriram FinanceFinance | 1.81% | 2.18% |
| Ultratech CementCement & Cement Products | 0.58% | 2.49% |
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.