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16 of 113 unique stocks in common · Jaccard: 14.2%
A weighted portfolio overlap of 17.19% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.19 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 3.25% in Aditya Birla Sun Life Multi Asset Allocation Fund and 2.73% in UTI - Infrastructure Fund. Holding both schemes increases your concentration in Axis 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 |
|---|---|---|
| Axis BankBanks | 3.25% | 2.73% |
| Reliance IndustriesPetroleum Products | 2.54% | 7.39% |
| Bharti AirtelTelecom - Services | 2.17% | 13.33% |
| Larsen & ToubroConstruction | 2.08% | 9.68% |
| ICICI BankBanks | 4.14% | 2.02% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.00% | 4.55% |
| NTPCPower | 0.96% | 4.41% |
| Ultratech CementCement & Cement Products | 0.84% | 4.24% |
| Shree CementCement & Cement Products | 0.58% | 0.99% |
| Brigade EnterprisesRealty | 0.53% | 1.69% |
| Oil & Natural Gas CorporationOil | 0.47% | 3.76% |
| Blue StarConsumer Durables | 0.35% | 0.92% |
| Container Corporation of IndiaTransport Services | 0.32% | 0.57% |
| H.G. Infra EngineeringConstruction | 0.25% | 0.73% |
| Hindustan Petroleum CorporationPetroleum Products | 1.13% | 0.20% |
| Pitti EngineeringIndustrial Manufacturing | 0.16% | 0.25% |
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.