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22 of 855 unique stocks in common · Jaccard: 2.6%
A weighted portfolio overlap of 8.28% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.28 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.51% in Back to Index and 2.95% in SBI Children's Fund - Investment Plan. 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 SBI |
|---|---|---|
| ICICI BankBanks | 4.51% | 2.95% |
| State Bank of IndiaBanks | 2.21% | 5.44% |
| Kotak Mahindra BankBanks | 1.41% | 4.21% |
| JSW SteelFerrous Metals | 0.59% | 2.20% |
| Adani EnterprisesMetals & Minerals Trading | 0.32% | 4.60% |
| Muthoot FinanceFinance | 0.19% | 4.03% |
| Sona BLW Precision ForgingsAuto Components | 0.14% | 3.14% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 0.12% | 1.32% |
| Asahi India GlassAuto Components | 0.05% | 2.17% |
| K.P.R. MillTextiles & Apparels | 0.05% | 1.97% |
| EID Parry IndiaFood Products | 0.04% | 1.06% |
| Honeywell Automation IndiaIndustrial Manufacturing | 0.04% | 2.22% |
| Hatsun Agro ProductFood Products | 0.03% | 3.90% |
| Privi Speciality ChemicalsChemicals & Petrochemicals | 0.03% | 3.12% |
| Aether IndustriesChemicals & Petrochemicals | 0.02% | 1.43% |
| Le Travenues TechnologyLeisure Services | 0.02% | 1.85% |
| Thangamayil JewelleryConsumer Durables | 0.02% | 4.61% |
| Ajax EngineeringAgricultural, Commercial & Construction Vehicles | 0.01% | 2.06% |
| Dodla DairyFood Products | 0.01% | 1.52% |
| Hawkins CookersConsumer Durables | 0.01% | 0.41% |
| Relaxo FootwearsConsumer Durables | 0.01% | 0.98% |
| Wonderla HolidaysLeisure Services | 0.01% | 0.74% |
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.