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55 of 860 unique stocks in common · Jaccard: 6.4%
A weighted portfolio overlap of 37.53% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.53 is allocated to the exact same companies at the same relative proportions. The schemes share 55 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.87% in Back to Index and 5.19% in ICICI Prudential Exports and Services 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% | 5.19% |
| ICICI BankBanks | 4.51% | 5.73% |
| Reliance IndustriesPetroleum Products | 4.83% | 3.80% |
| Larsen & ToubroConstruction | 2.34% | 3.91% |
| State Bank of IndiaBanks | 2.21% | 2.21% |
| Bharti AirtelTelecom - Services | 2.68% | 2.08% |
| InfosysIT - Software | 2.06% | 7.11% |
| Axis BankBanks | 1.81% | 1.65% |
| Kotak Mahindra BankBanks | 1.41% | 1.11% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.97% | 1.81% |
| NTPCPower | 0.95% | 3.22% |
| Tata Consultancy ServicesIT - Software | 1.25% | 0.73% |
| Mahindra & MahindraAutomobiles | 1.38% | 0.69% |
| HCL TechnologiesIT - Software | 0.63% | 1.44% |
| EternalRetailing | 0.88% | 0.62% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.61% | 0.82% |
| Bajaj AutoAutomobiles | 0.53% | 1.63% |
| Bajaj FinanceFinance | 1.25% | 0.49% |
| Bajaj FinservFinance | 0.49% | 1.66% |
| InterGlobe AviationTransport Services | 0.48% | 1.87% |
| Tech MahindraIT - Software | 0.47% | 1.37% |
| TrentRetailing | 0.46% | 0.94% |
| SBI Life Insurance CompanyInsurance | 0.41% | 1.37% |
| TVS Motor CompanyAutomobiles | 0.41% | 1.08% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.40% | 0.88% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.39% | 0.67% |
| Avenue SupermartsRetailing | 0.34% | 1.58% |
| Shriram FinanceFinance | 0.65% | 0.33% |
| HDFC Life Insurance CompanyInsurance | 0.32% | 1.10% |
| HDFC Asset Management CompanyCapital Markets | 0.27% | 0.78% |
| Bajaj Holdings & InvestmentFinance | 0.22% | 0.47% |
| Info Edge (India)Retailing | 0.19% | 0.99% |
| The Phoenix MillsRealty | 0.16% | 1.14% |
| 360 One WamCapital Markets | 0.13% | 2.11% |
| PI IndustriesFertilizers & Agrochemicals | 0.12% | 0.96% |
| Life Insurance Corporation of IndiaInsurance | 0.10% | 1.70% |
| Angel OneCapital Markets | 0.09% | 3.43% |
| Computer Age Management ServicesCapital Markets | 0.09% | 2.08% |
| Container Corporation of IndiaTransport Services | 0.09% | 0.84% |
| Kirloskar Oil EnginesIndustrial Products | 0.07% | 0.21% |
| Carborundum UniversalIndustrial Products | 0.05% | 0.05% |
| Avanti FeedsFood Products | 0.03% | 0.84% |
| Jindal SawIndustrial Products | 0.03% | 0.56% |
| Rainbow Childrens MedicareHealthcare Services | 0.03% | 1.52% |
| Zensar TechnologiesIT - Software | 0.03% | 0.45% |
| Aarti PharmalabsPharmaceuticals & Biotechnology | 0.02% | 0.46% |
| IIFL Capital ServicesCapital Markets | 0.02% | 1.71% |
| Jupiter Life Line HospitalsHealthcare Services | 0.02% | 0.61% |
| Prudent Corporate Advisory ServicesCapital Markets | 0.02% | 2.11% |
| Shilpa MedicarePharmaceuticals & Biotechnology | 0.02% | 0.82% |
| The EthosConsumer Durables | 0.02% | 0.51% |
| Vinati OrganicsChemicals & Petrochemicals | 0.02% | 0.67% |
| Mahindra Holidays & Resorts InLeisure Services | 0.01% | 0.61% |
| Rolex RingsAuto Components | 0.01% | 1.08% |
| Thyrocare TechnologiesHealthcare Services | 0.01% | 0.45% |
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.