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27 of 504 unique stocks in common · Jaccard: 5.4%
A weighted portfolio overlap of 11.63% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.63 is allocated to the exact same companies at the same relative proportions. The schemes share 27 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.01% in Back to Index and 2.90% in SBI Nifty 500 Index Fund. Holding both schemes increases your concentration in Bharti Airtel 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 SBI |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.01% | 2.90% |
| Axis BankBanks | 1.24% | 1.90% |
| EternalRetailing | 5.83% | 0.93% |
| BSECapital Markets | 3.83% | 0.87% |
| Bharat ElectronicsAerospace & Defense | 2.63% | 0.76% |
| Shriram FinanceFinance | 3.03% | 0.68% |
| TVS Motor CompanyAutomobiles | 2.08% | 0.41% |
| Multi Commodity Exchange of IndiaCapital Markets | 4.33% | 0.39% |
| Max Healthcare InstituteHealthcare Services | 2.23% | 0.37% |
| PB FintechFinancial Technology (Fintech) | 2.20% | 0.30% |
| AU Small Finance BankBanks | 1.01% | 0.29% |
| Persistent SystemsIT - Software | 5.41% | 0.29% |
| CoforgeIT - Software | 5.58% | 0.26% |
| Dixon Technologies (India)Consumer Durables | 3.54% | 0.25% |
| IDFC First BankBanks | 1.47% | 0.24% |
| One 97 CommunicationsFinancial Technology (Fintech) | 7.29% | 0.24% |
| KEI IndustriesIndustrial Products | 5.48% | 0.17% |
| Tube Investments of IndiaAuto Components | 3.51% | 0.17% |
| Waaree EnergiesElectrical Equipment | 1.04% | 0.16% |
| Aditya Birla CapitalFinance | 5.17% | 0.15% |
| L&T FinanceFinance | 2.61% | 0.13% |
| Prestige Estates ProjectsRealty | 2.91% | 0.12% |
| Kalyan Jewellers IndiaConsumer Durables | 7.09% | 0.07% |
| Bharti HexacomTelecom - Services | 3.18% | 0.06% |
| Billionbrains Garage VenturesCapital Markets | 5.09% | 0.06% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.96% | 0.06% |
| Premier EnergiesElectrical Equipment | 1.25% | 0.06% |
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.