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13 of 101 unique stocks in common · Jaccard: 12.9%
A weighted portfolio overlap of 30.39% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.39 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.93% in Aditya Birla Sun Life Retirement Fund - The 40S Plan and 5.84% in UTI Value Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 5.93% | 5.84% |
| HDFC BankBanks | 4.31% | 8.28% |
| InfosysIT - Software | 3.41% | 3.39% |
| Reliance IndustriesPetroleum Products | 3.33% | 2.75% |
| State Bank of IndiaBanks | 2.71% | 3.44% |
| Axis BankBanks | 2.25% | 3.82% |
| Kotak Mahindra BankBanks | 2.07% | 3.73% |
| ICICI Lombard General Insurance CompanyInsurance | 1.72% | 1.55% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.67% | 1.46% |
| Fortis HealthcareHealthcare Services | 1.23% | 1.60% |
| Brigade EnterprisesRealty | 1.54% | 1.20% |
| Oil & Natural Gas CorporationOil | 1.49% | 0.93% |
| Bank of BarodaBanks | 0.70% | 0.95% |
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.