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12 of 102 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 9.54% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.54 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Sun Pharmaceutical Industries, which commands a weight of 4.15% in Back to Index and 2.65% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Sun Pharmaceutical 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 | in ICICI |
|---|---|---|
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.15% | 2.65% |
| Reliance IndustriesPetroleum Products | 2.52% | 5.41% |
| Mahindra & MahindraAutomobiles | 2.61% | 2.34% |
| TVS Motor CompanyAutomobiles | 2.81% | 0.49% |
| ABB IndiaElectrical Equipment | 5.55% | 0.36% |
| VedantaDiversified Metals | 1.18% | 0.29% |
| LupinPharmaceuticals & Biotechnology | 4.65% | 0.19% |
| Bajaj AutoAutomobiles | 2.95% | 0.17% |
| Malco EnergyOil | 0.53% | 0.13% |
| Talwandi Sabo PowerPower | 0.53% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.53% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 0.53% | 0.13% |
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.