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59 of 853 unique stocks in common · Jaccard: 6.9%
A weighted portfolio overlap of 28.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.25 is allocated to the exact same companies at the same relative proportions. The schemes share 59 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.51% in Back to Index and 4.44% in HDFC Infrastructure Fund. Holding both schemes increases your concentration in ICICI Bank 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 HDFC |
|---|---|---|
| ICICI BankBanks | 4.51% | 4.44% |
| Reliance IndustriesPetroleum Products | 4.83% | 2.82% |
| Larsen & ToubroConstruction | 2.34% | 7.17% |
| Bharti AirtelTelecom - Services | 2.68% | 2.14% |
| HDFC BankBanks | 5.87% | 1.87% |
| State Bank of IndiaBanks | 2.21% | 1.69% |
| Axis BankBanks | 1.81% | 1.51% |
| NTPCPower | 0.95% | 3.80% |
| Tata SteelFerrous Metals | 0.87% | 2.17% |
| Bharat ElectronicsAerospace & Defense | 0.77% | 1.48% |
| Hindalco IndustriesNon - Ferrous Metals | 0.74% | 1.24% |
| Power Grid Corporation of IndiaPower | 0.72% | 2.91% |
| Ultratech CementCement & Cement Products | 0.68% | 0.82% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.61% | 2.79% |
| Oil & Natural Gas CorporationOil | 0.58% | 1.44% |
| Coal IndiaConsumable Fuels | 0.55% | 2.49% |
| InterGlobe AviationTransport Services | 0.48% | 3.06% |
| Adani PowerPower | 0.45% | 0.78% |
| Hindustan AeronauticsAerospace & Defense | 0.41% | 1.35% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.39% | 1.33% |
| Max Healthcare InstituteHealthcare Services | 0.37% | 0.95% |
| Tata Power CompanyPower | 0.37% | 1.10% |
| Power Finance CorporationFinance | 0.32% | 1.66% |
| Indus TowersTelecom - Services | 0.26% | 1.29% |
| GAIL (India)Gas | 0.22% | 1.00% |
| ABB IndiaElectrical Equipment | 0.19% | 0.97% |
| Ambuja CementsCement & Cement Products | 0.14% | 1.78% |
| DelhiveryTransport Services | 0.13% | 1.51% |
| Prestige Estates ProjectsRealty | 0.12% | 1.20% |
| Oberoi RealtyRealty | 0.10% | 0.36% |
| Container Corporation of IndiaTransport Services | 0.09% | 1.07% |
| AIA EngineeringIndustrial Products | 0.08% | 1.28% |
| Kalpataru Projects InternationalConstruction | 0.07% | 4.13% |
| TD Power SystemsElectrical Equipment | 0.07% | 2.89% |
| CESCPower | 0.06% | 0.30% |
| Indraprastha GasGas | 0.06% | 1.01% |
| Timken IndiaIndustrial Products | 0.06% | 0.76% |
| Escorts KubotaAgricultural, Commercial & Construction Vehicles | 0.05% | 0.98% |
| Inox WindElectrical Equipment | 0.05% | 0.46% |
| ACCCement & Cement Products | 0.04% | 0.17% |
| Can Fin HomesFinance | 0.04% | 0.83% |
| Voltamp TransformersElectrical Equipment | 0.04% | 1.26% |
| Aavas FinanciersFinance | 0.03% | 1.01% |
| Afcons InfrastructureConstruction | 0.03% | 0.26% |
| Gujarat GasGas | 0.03% | 1.03% |
| NCCConstruction | 0.03% | 1.49% |
| Titagarh Rail SystemsIndustrial Manufacturing | 0.03% | 0.95% |
| Blue Dart ExpressTransport Services | 0.02% | 0.99% |
| Dynamatic TechnologiesIndustrial Manufacturing | 0.02% | 0.72% |
| Gujarat Pipavav PortTransport Infrastructure | 0.02% | 1.09% |
| Power Mech ProjectsConstruction | 0.02% | 0.91% |
| Ahluwalia Contracts (India)Construction | 0.01% | 0.98% |
| Ashoka BuildconConstruction | 0.01% | 0.58% |
| Birla CorporationCement & Cement Products | 0.01% | 1.46% |
| G R InfraprojectsConstruction | 0.01% | 2.14% |
| Gateway DistriparksTransport Services | 0.01% | 0.69% |
| J.Kumar InfraprojectsConstruction | 0.01% | 2.94% |
| Repco Home FinanceFinance | 0.01% | 0.54% |
| The Anup EngineeringIndustrial Manufacturing | 0.01% | 0.54% |
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.