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16 of 116 unique stocks in common · Jaccard: 13.8%
A weighted portfolio overlap of 27.5% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.5 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 Reliance Industries, which commands a weight of 3.64% in Aditya Birla Sun Life Multi-Cap 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 | 3.64% | 8.25% |
| State Bank of IndiaBanks | 3.38% | 3.70% |
| ICICI BankBanks | 2.77% | 8.30% |
| Larsen & ToubroConstruction | 2.61% | 4.42% |
| Axis BankBanks | 1.86% | 3.41% |
| HDFC BankBanks | 1.86% | 10.53% |
| EternalRetailing | 2.21% | 1.67% |
| Mahindra & MahindraAutomobiles | 1.48% | 2.52% |
| InfosysIT - Software | 1.41% | 3.76% |
| Tata SteelFerrous Metals | 1.40% | 1.59% |
| Ultratech CementCement & Cement Products | 1.26% | 1.26% |
| Shriram FinanceFinance | 1.41% | 1.23% |
| TrentRetailing | 1.16% | 0.87% |
| InterGlobe AviationTransport Services | 0.82% | 0.92% |
| Tech MahindraIT - Software | 0.67% | 0.87% |
| Hindalco IndustriesNon - Ferrous Metals | 0.58% | 1.51% |
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.