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39 of 849 unique stocks in common · Jaccard: 4.6%
A weighted portfolio overlap of 19.02% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.02 is allocated to the exact same companies at the same relative proportions. The schemes share 39 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.51% in Back to Index and 4.18% in SBI Quality 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 SBI |
|---|---|---|
| ICICI BankBanks | 4.51% | 4.18% |
| InfosysIT - Software | 2.06% | 2.27% |
| State Bank of IndiaBanks | 2.21% | 1.98% |
| Titan CompanyConsumer Durables | 0.89% | 0.99% |
| Bharat ElectronicsAerospace & Defense | 0.77% | 4.96% |
| Hindalco IndustriesNon - Ferrous Metals | 0.74% | 1.15% |
| HCL TechnologiesIT - Software | 0.63% | 1.50% |
| Coal IndiaConsumable Fuels | 0.55% | 1.57% |
| Bajaj AutoAutomobiles | 0.53% | 7.07% |
| Nestle IndiaFood Products | 0.52% | 5.30% |
| Asian PaintsConsumer Durables | 0.55% | 0.51% |
| EternalRetailing | 0.88% | 0.50% |
| Eicher MotorsAutomobiles | 0.49% | 0.97% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.41% | 1.89% |
| TVS Motor CompanyAutomobiles | 0.41% | 2.48% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.39% | 2.01% |
| Cummins IndiaIndustrial Products | 0.36% | 3.94% |
| Varun BeveragesBeverages | 0.35% | 1.96% |
| Britannia IndustriesFood Products | 0.34% | 2.00% |
| HDFC Asset Management CompanyCapital Markets | 0.27% | 1.87% |
| Persistent SystemsIT - Software | 0.26% | 2.31% |
| ICICI Lombard General Insurance CompanyInsurance | 0.21% | 1.74% |
| MaricoAgricultural Food & Other Products | 0.21% | 4.15% |
| CoforgeIT - Software | 0.20% | 2.38% |
| ABB IndiaElectrical Equipment | 0.19% | 1.27% |
| Muthoot FinanceFinance | 0.19% | 1.84% |
| SiemensElectrical Equipment | 0.17% | 2.13% |
| Sona BLW Precision ForgingsAuto Components | 0.14% | 2.16% |
| Hindustan ZincNon - Ferrous Metals | 0.13% | 2.22% |
| Oracle Financial Services SoftwareIT - Software | 0.11% | 2.21% |
| AIA EngineeringIndustrial Products | 0.08% | 2.17% |
| Ajanta PharmaPharmaceuticals & Biotechnology | 0.06% | 1.90% |
| Timken IndiaIndustrial Products | 0.06% | 2.06% |
| CCL Products (India)Agricultural Food & Other Products | 0.04% | 2.03% |
| Grindwell NortonIndustrial Products | 0.04% | 2.12% |
| Anthem BiosciencesPharmaceuticals & Biotechnology | 0.02% | 2.09% |
| Ajax EngineeringAgricultural, Commercial & Construction Vehicles | 0.01% | 1.16% |
| Dodla DairyFood Products | 0.01% | 1.74% |
| Pearl Global IndustriesTextiles & Apparels | 0.01% | 2.06% |
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.