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47 of 852 unique stocks in common · Jaccard: 5.5%
A weighted portfolio overlap of 24.69% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.69 is allocated to the exact same companies at the same relative proportions. The schemes share 47 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.87% in Back to Index and 6.59% in ICICI Prudential Housing Opportunities 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% | 6.59% |
| ICICI BankBanks | 4.51% | 5.97% |
| Larsen & ToubroConstruction | 2.34% | 7.56% |
| State Bank of IndiaBanks | 2.21% | 2.36% |
| Axis BankBanks | 1.81% | 1.69% |
| NTPCPower | 0.95% | 7.96% |
| Kotak Mahindra BankBanks | 1.41% | 0.93% |
| Tata SteelFerrous Metals | 0.87% | 4.90% |
| Ultratech CementCement & Cement Products | 0.68% | 4.48% |
| JSW SteelFerrous Metals | 0.59% | 1.89% |
| Asian PaintsConsumer Durables | 0.55% | 5.84% |
| Grasim IndustriesCement & Cement Products | 0.53% | 1.58% |
| Tata Power CompanyPower | 0.37% | 0.94% |
| IndusInd BankBanks | 0.30% | 0.65% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.21% | 0.78% |
| DLFRealty | 0.19% | 1.28% |
| Havells IndiaConsumer Durables | 0.16% | 2.03% |
| Shree CementCement & Cement Products | 0.16% | 4.06% |
| The Phoenix MillsRealty | 0.16% | 2.36% |
| Ambuja CementsCement & Cement Products | 0.14% | 1.71% |
| NHPCPower | 0.13% | 1.26% |
| Supreme IndustriesIndustrial Products | 0.12% | 0.75% |
| Blue StarConsumer Durables | 0.11% | 0.81% |
| JK CementCement & Cement Products | 0.11% | 0.77% |
| Oberoi RealtyRealty | 0.10% | 3.89% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.09% | 0.29% |
| LIC Housing FinanceFinance | 0.08% | 1.13% |
| Kalpataru Projects InternationalConstruction | 0.07% | 1.11% |
| Brigade EnterprisesRealty | 0.05% | 2.24% |
| NLC IndiaPower | 0.05% | 1.12% |
| KEC InternationalConstruction | 0.04% | 0.46% |
| Whirlpool of IndiaConsumer Durables | 0.04% | 0.25% |
| Aadhar Housing FinanceFinance | 0.03% | 0.42% |
| Aavas FinanciersFinance | 0.03% | 0.36% |
| JSW DuluxConsumer Durables | 0.03% | 0.49% |
| R R KabelIndustrial Products | 0.03% | 0.60% |
| SobhaRealty | 0.03% | 2.25% |
| V-Guard IndustriesConsumer Durables | 0.03% | 0.87% |
| Central Bank of IndiaBanks | 0.02% | 0.53% |
| Mahindra Lifespace DevelopersRealty | 0.02% | 0.95% |
| Ahluwalia Contracts (India)Construction | 0.01% | 0.25% |
| Bajaj ElectricalsConsumer Durables | 0.01% | 0.57% |
| Birla CorporationCement & Cement Products | 0.01% | 0.05% |
| Orient ElectricConsumer Durables | 0.01% | 2.12% |
| Prince Pipes And FittingsIndustrial Products | 0.01% | 0.27% |
| Repco Home FinanceFinance | 0.01% | 0.47% |
| Ttk PrestigeConsumer Durables | 0.01% | 0.43% |
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.