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14 of 846 unique stocks in common · Jaccard: 1.7%
A weighted portfolio overlap of 6.44% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.44 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.83% in Back to Index and 6.71% in quant Commodities Fund. Holding both schemes increases your concentration in Reliance Industries 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 quant |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.83% | 6.71% |
| Adani PowerPower | 0.45% | 3.69% |
| Adani EnterprisesMetals & Minerals Trading | 0.32% | 9.86% |
| Adani Energy SolutionsPower | 0.23% | 1.96% |
| Adani Green EnergyPower | 0.20% | 10.03% |
| Lloyds Metals And EnergyMinerals & Mining | 0.11% | 9.69% |
| HFCLTelecom - Services | 0.06% | 9.82% |
| Premier EnergiesElectrical Equipment | 0.06% | 8.52% |
| The Ramco CementsCement & Cement Products | 0.06% | 3.01% |
| NTPC Green EnergyPower | 0.05% | 0.97% |
| Graphite IndiaIndustrial Products | 0.02% | 7.24% |
| HEGIndustrial Products | 0.02% | 2.13% |
| PTC IndiaPower | 0.02% | 1.17% |
| Kalyani SteelsIndustrial Products | 0.01% | 6.66% |
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.