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22 of 107 unique stocks in common · Jaccard: 20.6%
A weighted portfolio overlap of 39.76% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.76 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 HDFC Bank, which commands a weight of 6.79% in Aditya Birla Sun Life Large Cap Fund and 8.05% in UTI - Dividend Yield 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 Aditya | in UTI |
|---|---|---|
| HDFC BankBanks | 6.79% | 8.05% |
| ICICI BankBanks | 7.13% | 5.27% |
| State Bank of IndiaBanks | 3.87% | 3.26% |
| Bharti AirtelTelecom - Services | 3.56% | 2.97% |
| Mahindra & MahindraAutomobiles | 3.24% | 2.84% |
| Kotak Mahindra BankBanks | 3.55% | 2.70% |
| InfosysIT - Software | 4.24% | 2.28% |
| NTPCPower | 2.21% | 1.88% |
| Axis BankBanks | 3.83% | 1.74% |
| Bajaj AutoAutomobiles | 1.42% | 1.27% |
| Maruti Suzuki IndiaAutomobiles | 1.23% | 2.20% |
| ITCDiversified FMCG | 1.09% | 1.78% |
| Tech MahindraIT - Software | 1.08% | 3.05% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.78% | 1.75% |
| ICICI Lombard General Insurance CompanyInsurance | 0.77% | 1.70% |
| JSW DuluxConsumer Durables | 0.76% | 1.28% |
| DLFRealty | 0.65% | 1.12% |
| EmamiPersonal Products | 0.61% | 0.86% |
| Hindustan AeronauticsAerospace & Defense | 0.57% | 1.45% |
| Sanofi Consumer HealthcarePharmaceuticals & Biotechnology | 0.56% | 0.52% |
| Bharat Petroleum CorporationPetroleum Products | 0.51% | 1.15% |
| Tata Consultancy ServicesIT - Software | 0.20% | 1.83% |
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.