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10 of 46 unique stocks in common · Jaccard: 21.7%
A weighted portfolio overlap of 38.68% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.68 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Kalyan Jewellers India, which commands a weight of 7.09% in Back to Index and 7.36% 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 | 7.09% | 7.36% |
| EternalRetailing | 5.83% | 5.32% |
| CoforgeIT - Software | 5.58% | 5.27% |
| Bharti AirtelTelecom - Services | 5.01% | 5.17% |
| Persistent SystemsIT - Software | 5.41% | 4.56% |
| Multi Commodity Exchange of IndiaCapital Markets | 4.33% | 3.72% |
| Shriram FinanceFinance | 3.03% | 4.13% |
| Bharat ElectronicsAerospace & Defense | 2.63% | 2.77% |
| Waaree EnergiesElectrical Equipment | 1.04% | 4.05% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.96% | 1.01% |
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.