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51 of 848 unique stocks in common · Jaccard: 6%
A weighted portfolio overlap of 31.68% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.68 is allocated to the exact same companies at the same relative proportions. The schemes share 51 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.87% in Back to Index and 6.19% in ICICI Prudential ESG Exclusionary Strategy Fund. Holding both schemes increases your concentration in HDFC 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 ICICI |
|---|---|---|
| HDFC BankBanks | 5.87% | 6.19% |
| ICICI BankBanks | 4.51% | 6.89% |
| Bharti AirtelTelecom - Services | 2.68% | 3.75% |
| InfosysIT - Software | 2.06% | 2.71% |
| Reliance IndustriesPetroleum Products | 4.83% | 1.93% |
| Axis BankBanks | 1.81% | 4.87% |
| State Bank of IndiaBanks | 2.21% | 1.52% |
| Tata Consultancy ServicesIT - Software | 1.25% | 1.22% |
| Hindustan UnileverDiversified FMCG | 1.00% | 1.01% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.97% | 7.36% |
| EternalRetailing | 0.88% | 2.67% |
| Maruti Suzuki IndiaAutomobiles | 0.88% | 4.03% |
| Kotak Mahindra BankBanks | 1.41% | 0.69% |
| HCL TechnologiesIT - Software | 0.63% | 1.64% |
| InterGlobe AviationTransport Services | 0.48% | 1.56% |
| Tech MahindraIT - Software | 0.47% | 0.93% |
| SBI Life Insurance CompanyInsurance | 0.41% | 2.57% |
| TVS Motor CompanyAutomobiles | 0.41% | 5.33% |
| Avenue SupermartsRetailing | 0.34% | 3.13% |
| Britannia IndustriesFood Products | 0.34% | 1.32% |
| IndusInd BankBanks | 0.30% | 0.67% |
| RECFinance | 0.22% | 1.72% |
| ICICI Lombard General Insurance CompanyInsurance | 0.21% | 1.13% |
| LTIMindtreeIT - Software | 0.20% | 0.38% |
| Power Grid Corporation of IndiaPower | 0.72% | 0.20% |
| UPLFertilizers & Agrochemicals | 0.18% | 0.22% |
| Havells IndiaConsumer Durables | 0.16% | 1.17% |
| Ambuja CementsCement & Cement Products | 0.14% | 1.04% |
| Godrej PropertiesRealty | 0.13% | 0.90% |
| PI IndustriesFertilizers & Agrochemicals | 0.12% | 1.07% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.10% | 0.55% |
| Tata CommunicationsTelecom - Services | 0.09% | 1.42% |
| Schaeffler IndiaAuto Components | 0.08% | 0.69% |
| Deepak NitriteChemicals & Petrochemicals | 0.06% | 0.84% |
| Tata ChemicalsChemicals & Petrochemicals | 0.06% | 1.36% |
| Inox WindElectrical Equipment | 0.05% | 2.85% |
| Sundram FastenersAuto Components | 0.05% | 1.15% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.03% | 0.61% |
| Chalet HotelsLeisure Services | 0.03% | 1.97% |
| Rainbow Childrens MedicareHealthcare Services | 0.03% | 1.27% |
| V-Guard IndustriesConsumer Durables | 0.03% | 1.81% |
| SKF IndiaAuto Components | 0.02% | 0.03% |
| The EthosConsumer Durables | 0.02% | 1.05% |
| UTI Asset Management CompanyCapital Markets | 0.02% | 0.58% |
| Advanced Enzyme TechnologiesPharmaceuticals & Biotechnology | 0.01% | 2.22% |
| Dhanuka AgritechFertilizers & Agrochemicals | 0.01% | 0.79% |
| Niit Learning SystemsOther Consumer Services | 0.01% | 0.56% |
| FDCPharmaceuticals & Biotechnology | 0.01% | 2.02% |
| Inox Green Energy ServicesCommercial Services & Supplies | 0.01% | 1.35% |
| Maharashtra SeamlessIndustrial Products | 0.01% | 0.30% |
| Rolex RingsAuto Components | 0.01% | 1.36% |
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.