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26 of 848 unique stocks in common · Jaccard: 3.1%
A weighted portfolio overlap of 19.79% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.79 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.87% in Back to Index and 9.40% in Tata Housing Opportunities Fund. Holding both schemes increases your concentration in HDFC 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 Tata |
|---|---|---|
| HDFC BankBanks | 5.87% | 9.40% |
| ICICI BankBanks | 4.51% | 8.37% |
| Larsen & ToubroConstruction | 2.34% | 5.76% |
| State Bank of IndiaBanks | 2.21% | 1.84% |
| NTPCPower | 0.95% | 6.22% |
| Tata SteelFerrous Metals | 0.87% | 1.96% |
| Ultratech CementCement & Cement Products | 0.68% | 8.44% |
| JSW SteelFerrous Metals | 0.59% | 4.72% |
| Asian PaintsConsumer Durables | 0.55% | 1.34% |
| Adani Energy SolutionsPower | 0.23% | 2.27% |
| IDFC First BankBanks | 0.23% | 1.52% |
| Jindal SteelFerrous Metals | 0.22% | 1.11% |
| VoltasConsumer Durables | 0.16% | 3.03% |
| Ambuja CementsCement & Cement Products | 0.14% | 3.85% |
| Godrej PropertiesRealty | 0.13% | 1.57% |
| Steel Authority of IndiaFerrous Metals | 0.13% | 3.12% |
| Prestige Estates ProjectsRealty | 0.12% | 4.49% |
| The Ramco CementsCement & Cement Products | 0.06% | 0.94% |
| PG ElectroplastConsumer Durables | 0.04% | 2.96% |
| Aavas FinanciersFinance | 0.03% | 1.83% |
| JSW DuluxConsumer Durables | 0.03% | 1.43% |
| R R KabelIndustrial Products | 0.03% | 2.54% |
| Keystone RealtorsRealty | 0.01% | 2.39% |
| Orient ElectricConsumer Durables | 0.01% | 2.57% |
| TARCRealty | 0.01% | 0.47% |
| Venus Pipes And TubesIndustrial Products | 0.01% | 4.22% |
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.