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7 of 134 unique stocks in common · Jaccard: 5.2%
A weighted portfolio overlap of 7.21% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.21 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is PB Fintech, which commands a weight of 5.30% in Back to Index and 3.08% in ICICI Prudential Midcap Fund. Holding both schemes increases your concentration in PB Fintech 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 ICICI |
|---|---|---|
| PB FintechFinancial Technology (Fintech) | 5.30% | 3.08% |
| Sona BLW Precision ForgingsAuto Components | 2.57% | 1.41% |
| Bharti HexacomTelecom - Services | 1.07% | 1.44% |
| Lenskart SolutionsRetailing | 1.44% | 0.91% |
| Jyoti CNC AutomationIndustrial Manufacturing | 0.60% | 0.41% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.94% | 0.24% |
| Rainbow Childrens MedicareHealthcare Services | 0.60% | 0.09% |
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.