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22 of 77 unique stocks in common · Jaccard: 28.6%
A weighted portfolio overlap of 40.03% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.03 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 Infosys, which commands a weight of 6.16% in Back to Index and 7.11% in ICICI Prudential Exports and Services Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 6.16% | 7.11% |
| ICICI BankBanks | 13.42% | 5.73% |
| HDFC BankBanks | 17.55% | 5.19% |
| NTPCPower | 2.81% | 3.22% |
| State Bank of IndiaBanks | 6.59% | 2.21% |
| Bharti AirtelTelecom - Services | 8.60% | 2.08% |
| Axis BankBanks | 5.41% | 1.65% |
| Bajaj FinservFinance | 1.50% | 1.66% |
| InterGlobe AviationTransport Services | 1.44% | 1.87% |
| HCL TechnologiesIT - Software | 1.88% | 1.44% |
| Tech MahindraIT - Software | 1.39% | 1.37% |
| SBI Life Insurance CompanyInsurance | 1.21% | 1.37% |
| Kotak Mahindra BankBanks | 4.19% | 1.11% |
| Avenue SupermartsRetailing | 1.00% | 1.58% |
| HDFC Life Insurance CompanyInsurance | 0.94% | 1.10% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.82% | 0.82% |
| Tata Consultancy ServicesIT - Software | 3.75% | 0.73% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.17% | 0.67% |
| EternalRetailing | 2.64% | 0.62% |
| Info Edge (India)Retailing | 0.55% | 0.99% |
| Bajaj FinanceFinance | 3.72% | 0.49% |
| Shriram FinanceFinance | 1.95% | 0.33% |
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.