Loading fund overlap…
8 of 57 unique stocks in common · Jaccard: 14%
A weighted portfolio overlap of 20.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.25 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Eternal, which commands a weight of 5.32% in Back to Index and 8.03% in Tata India Consumer Fund. Holding both schemes increases your concentration in Eternal 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 Tata |
|---|---|---|
| EternalRetailing | 5.32% | 8.03% |
| Multi Commodity Exchange of IndiaCapital Markets | 3.72% | 2.88% |
| Ather EnergyAutomobiles | 3.81% | 2.69% |
| Bharti AirtelTelecom - Services | 5.17% | 2.55% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.03% | 2.28% |
| HDFC Asset Management CompanyCapital Markets | 2.82% | 2.05% |
| Radico KhaitanBeverages | 1.75% | 5.09% |
| PG ElectroplastConsumer Durables | 2.60% | 0.73% |
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.