How much do Back to Index and IB19-Groww Banking & Financial Services Fund overlap?

They share 6 common holdings, a weighted portfolio overlap of about 9.02% (low overlap — mostly different holdings), as on Apr 2026. Information only, not investment advice.

What does 9.02% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Back to Index vs IB19-Groww Banking & Financial Services Fund

Motilal Oswal MF · Index FundGroww MF · Sectoral / Thematic· as on Apr 2026

Weighted portfolio overlap

9.02%

Low overlap

Common

Only Back

Only IB19-Groww

6 of 57 unique stocks in common · Jaccard: 10.5%

Common holdings

Stock	in Back	in IB19-Groww
Max Financial ServicesInsurance	4.00%	2.33%
L&T FinanceFinance	2.27%	3.52%
Manappuram FinanceFinance	1.54%	2.28%
BSECapital Markets	14.18%	1.43%
Indian Energy ExchangeCapital Markets	0.95%	2.69%
PNB Housing FinanceFinance	1.87%	0.50%

FAQ

How much do Back to Index and IB19-Groww Banking & Financial Services Fund overlap?: They share 6 common holdings, a weighted portfolio overlap of about 9.02% (low overlap — mostly different holdings), as on Apr 2026. Information only, not investment advice.
What does 9.02% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.