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25 of 853 unique stocks in common · Jaccard: 2.9%
A weighted portfolio overlap of 12.4% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.4 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.51% in Back to Index and 2.69% in SBI Resurgent India Opportunities Scheme. 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% | 2.69% |
| Bharti AirtelTelecom - Services | 2.68% | 3.89% |
| State Bank of IndiaBanks | 2.21% | 2.41% |
| Kotak Mahindra BankBanks | 1.41% | 3.84% |
| JSW SteelFerrous Metals | 0.59% | 3.10% |
| Bajaj FinservFinance | 0.49% | 3.82% |
| InterGlobe AviationTransport Services | 0.48% | 2.21% |
| Cholamandalam Investment and Finance CompanyFinance | 0.33% | 2.53% |
| Adani EnterprisesMetals & Minerals Trading | 0.32% | 4.61% |
| DLFRealty | 0.19% | 2.95% |
| Muthoot FinanceFinance | 0.19% | 2.82% |
| Sona BLW Precision ForgingsAuto Components | 0.14% | 3.82% |
| Jindal StainlessFerrous Metals | 0.12% | 1.46% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 0.12% | 2.26% |
| Page IndustriesTextiles & Apparels | 0.12% | 2.05% |
| Berger Paints (I)Consumer Durables | 0.07% | 2.86% |
| Asahi India GlassAuto Components | 0.05% | 3.05% |
| Carborundum UniversalIndustrial Products | 0.05% | 3.38% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 0.04% | 2.48% |
| Belrise IndustriesAuto Components | 0.03% | 3.09% |
| Hatsun Agro ProductFood Products | 0.03% | 4.75% |
| Finolex IndustriesIndustrial Products | 0.02% | 1.81% |
| Ganesha EcosphereTextiles & Apparels | 0.01% | 1.05% |
| Hawkins CookersConsumer Durables | 0.01% | 2.14% |
| VST IndustriesCigarettes & Tobacco Products | 0.01% | 2.31% |
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.