Loading fund overlap…
14 of 101 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 10.37% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.37 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 9.57% in Back to Index and 3.55% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 9.57% | 3.55% |
| United SpiritsBeverages | 3.60% | 0.97% |
| Hyundai Motor IndiaAutomobiles | 2.38% | 0.95% |
| Britannia IndustriesFood Products | 6.21% | 0.91% |
| Cummins IndiaIndustrial Products | 6.55% | 0.91% |
| Hindustan UnileverDiversified FMCG | 9.65% | 0.83% |
| SiemensElectrical Equipment | 3.10% | 0.77% |
| ABB IndiaElectrical Equipment | 3.49% | 0.36% |
| United BreweriesBeverages | 0.97% | 0.30% |
| VedantaDiversified Metals | 3.72% | 0.29% |
| Malco EnergyOil | 1.66% | 0.13% |
| Talwandi Sabo PowerPower | 1.66% | 0.13% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 1.66% | 0.13% |
| Vedanta Iron And SteelFerrous Metals | 1.66% | 0.13% |
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.