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9 of 101 unique stocks in common · Jaccard: 8.9%
A weighted portfolio overlap of 17.17% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.17 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.17% in Back to Index and 4.34% in ICICI Prudential Large Cap 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 ICICI |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.17% | 4.34% |
| Larsen & ToubroConstruction | 4.04% | 5.38% |
| ICICI BankBanks | 3.86% | 8.72% |
| InterGlobe AviationTransport Services | 2.36% | 1.83% |
| State Bank of IndiaBanks | 2.83% | 1.02% |
| SiemensElectrical Equipment | 1.37% | 0.77% |
| HDFC Asset Management CompanyCapital Markets | 2.82% | 0.69% |
| EternalRetailing | 5.32% | 0.54% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.03% | 0.08% |
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.