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9 of 63 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 20.28% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.28 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 15.35% in Bharat 22 ETF and 4.42% in UTI Nifty 50 ETF. Holding both schemes increases your concentration in Larsen & Toubro 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 Bharat | in UTI |
|---|---|---|
| Larsen & ToubroConstruction | 15.35% | 4.42% |
| State Bank of IndiaBanks | 8.07% | 3.70% |
| Axis BankBanks | 7.42% | 3.41% |
| ITCDiversified FMCG | 14.04% | 2.56% |
| NTPCPower | 10.50% | 1.70% |
| Bharat ElectronicsAerospace & Defense | 4.74% | 1.36% |
| Power Grid Corporation of IndiaPower | 7.55% | 1.22% |
| Coal IndiaConsumable Fuels | 5.69% | 0.96% |
| Oil & Natural Gas CorporationOil | 5.65% | 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.