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43 of 848 unique stocks in common · Jaccard: 5.1%
A weighted portfolio overlap of 10.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.16 is allocated to the exact same companies at the same relative proportions. The schemes share 43 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 2.21% in Back to Index and 14.22% in ICICI Prudential PSU Equity Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 2.21% | 14.22% |
| NTPCPower | 0.95% | 8.61% |
| Bharat ElectronicsAerospace & Defense | 0.77% | 3.48% |
| Power Grid Corporation of IndiaPower | 0.72% | 6.89% |
| Oil & Natural Gas CorporationOil | 0.58% | 5.36% |
| Coal IndiaConsumable Fuels | 0.55% | 3.15% |
| Hindustan AeronauticsAerospace & Defense | 0.41% | 4.78% |
| SBI Life Insurance CompanyInsurance | 0.41% | 1.16% |
| Bharat Petroleum CorporationPetroleum Products | 0.29% | 2.49% |
| Indian Oil CorporationPetroleum Products | 0.26% | 3.20% |
| Bank of BarodaBanks | 0.24% | 0.67% |
| Bharat Heavy ElectricalsElectrical Equipment | 0.23% | 0.28% |
| GAIL (India)Gas | 0.22% | 3.42% |
| RECFinance | 0.22% | 1.98% |
| Hindustan Petroleum CorporationPetroleum Products | 0.18% | 0.36% |
| National Aluminium CompanyNon - Ferrous Metals | 0.18% | 0.99% |
| Union Bank of IndiaBanks | 0.16% | 0.48% |
| Indian BankBanks | 0.15% | 0.46% |
| NHPCPower | 0.13% | 2.63% |
| Oil IndiaOil | 0.13% | 3.09% |
| Life Insurance Corporation of IndiaInsurance | 0.10% | 4.71% |
| Petronet LNGGas | 0.10% | 0.29% |
| Power Finance CorporationFinance | 0.32% | 0.10% |
| Bank of IndiaBanks | 0.09% | 1.54% |
| Container Corporation of IndiaTransport Services | 0.09% | 1.08% |
| SBI Cards and Payment ServicesFinance | 0.09% | 1.62% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 0.08% | 2.79% |
| LIC Housing FinanceFinance | 0.08% | 0.84% |
| Data Patterns (India)Aerospace & Defense | 0.06% | 1.02% |
| General Insurance Corporation of IndiaInsurance | 0.06% | 1.36% |
| Astra Microwave ProductsAerospace & Defense | 0.05% | 0.68% |
| NLC IndiaPower | 0.05% | 1.25% |
| BEMLAgricultural, Commercial & Construction Vehicles | 0.03% | 0.81% |
| Chennai Petroleum CorporationPetroleum Products | 0.03% | 0.52% |
| Engineers IndiaConstruction | 0.03% | 1.20% |
| Gujarat GasGas | 0.03% | 1.56% |
| Central Bank of IndiaBanks | 0.02% | 1.08% |
| Gujarat Narmada Valley Fertilizers and ChemicalsChemicals & Petrochemicals | 0.02% | 0.57% |
| NMDC SteelFerrous Metals | 0.02% | 0.36% |
| Gujarat Alkalies and ChemicalsChemicals & Petrochemicals | 0.01% | 0.47% |
| Mangalore Refinery and PetrochemicalsPetroleum Products | 0.01% | 0.28% |
| Repco Home FinanceFinance | 0.01% | 0.57% |
| Indraprastha GasGas | 0.06% | 0.01% |
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.