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6 of 61 unique stocks in common · Jaccard: 9.8%
A weighted portfolio overlap of 17.55% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.55 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Central Depository Services (India), which commands a weight of 5.34% in Back to Index and 4.36% in DSP Nifty Smallcap250 Quality 50 Index Fund. Holding both schemes increases your concentration in Central Depository Services (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 | in DSP |
|---|---|---|
| Central Depository Services (India)Capital Markets | 5.34% | 4.36% |
| Computer Age Management ServicesCapital Markets | 4.20% | 4.89% |
| Angel OneCapital Markets | 4.73% | 3.95% |
| Indian Energy ExchangeCapital Markets | 2.35% | 3.71% |
| Aditya Birla Sun Life AMCCapital Markets | 1.75% | 2.36% |
| UTI Asset Management CompanyCapital Markets | 0.94% | 1.12% |
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.