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15 of 85 unique stocks in common · Jaccard: 17.6%
A weighted portfolio overlap of 28.39% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.39 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 13.09% in Aditya Birla Sun Life Conglomerate Fund and 8.25% in UTI Nifty 50 ETF. Holding both schemes increases your concentration in Reliance Industries 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 Aditya | in UTI |
|---|---|---|
| Reliance IndustriesPetroleum Products | 13.09% | 8.25% |
| Larsen & ToubroConstruction | 6.45% | 4.42% |
| Mahindra & MahindraAutomobiles | 4.65% | 2.52% |
| Bajaj FinanceFinance | 2.36% | 2.25% |
| Tata SteelFerrous Metals | 1.26% | 1.59% |
| Ultratech CementCement & Cement Products | 2.17% | 1.26% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.38% | 1.23% |
| JSW SteelFerrous Metals | 1.52% | 1.11% |
| Grasim IndustriesCement & Cement Products | 3.43% | 1.10% |
| Hindalco IndustriesNon - Ferrous Metals | 1.06% | 1.51% |
| Bajaj FinservFinance | 2.00% | 0.95% |
| Tech MahindraIT - Software | 3.79% | 0.87% |
| TrentRetailing | 2.32% | 0.87% |
| Adani EnterprisesMetals & Minerals Trading | 4.25% | 0.78% |
| Tata Consultancy ServicesIT - Software | 0.46% | 2.13% |
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.