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18 of 852 unique stocks in common · Jaccard: 2.1%
A weighted portfolio overlap of 8.91% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.91 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.51% in Back to Index and 4.17% in quant Infrastructure Fund. Holding both schemes increases your concentration in ICICI 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 quant |
|---|---|---|
| ICICI BankBanks | 4.51% | 4.17% |
| Larsen & ToubroConstruction | 2.34% | 3.92% |
| Adani PowerPower | 0.45% | 9.75% |
| Tata Power CompanyPower | 0.37% | 0.93% |
| Adani EnterprisesMetals & Minerals Trading | 0.32% | 5.96% |
| Samvardhana Motherson InternationalAuto Components | 0.27% | 9.93% |
| Adani Energy SolutionsPower | 0.23% | 1.55% |
| Adani Green EnergyPower | 0.20% | 10.67% |
| DLFRealty | 0.19% | 2.64% |
| Lloyds Metals And EnergyMinerals & Mining | 0.11% | 2.25% |
| Welspun CorpIndustrial Products | 0.08% | 1.95% |
| NBCC (India)Construction | 0.05% | 0.69% |
| Afcons InfrastructureConstruction | 0.03% | 4.59% |
| BlackbuckTransport Services | 0.03% | 2.38% |
| NCCConstruction | 0.03% | 4.14% |
| Swan CorpChemicals & Petrochemicals | 0.02% | 1.24% |
| Bharat BijleeElectrical Equipment | 0.01% | 1.12% |
| Kalyani SteelsIndustrial Products | 0.01% | 6.36% |
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.