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41 of 144 unique stocks in common · Jaccard: 28.5%
A weighted portfolio overlap of 34.43% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.43 is allocated to the exact same companies at the same relative proportions. The schemes share 41 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.91% in DSP Arbitrage Fund and 10.53% in UTI Nifty 50 ETF. 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 DSP | in UTI |
|---|---|---|
| HDFC BankBanks | 4.91% | 10.53% |
| Reliance IndustriesPetroleum Products | 3.91% | 8.25% |
| ICICI BankBanks | 3.90% | 8.30% |
| ITCDiversified FMCG | 1.83% | 2.56% |
| Kotak Mahindra BankBanks | 1.76% | 2.61% |
| Axis BankBanks | 1.58% | 3.41% |
| Bharat ElectronicsAerospace & Defense | 1.25% | 1.36% |
| State Bank of IndiaBanks | 1.21% | 3.70% |
| JSW SteelFerrous Metals | 1.61% | 1.11% |
| Mahindra & MahindraAutomobiles | 1.09% | 2.52% |
| EternalRetailing | 0.98% | 1.67% |
| Bharti AirtelTelecom - Services | 0.95% | 5.19% |
| Tata SteelFerrous Metals | 0.83% | 1.59% |
| Larsen & ToubroConstruction | 0.77% | 4.42% |
| Jio Financial ServicesFinance | 0.94% | 0.72% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.71% | 1.23% |
| Titan CompanyConsumer Durables | 0.67% | 1.55% |
| Grasim IndustriesCement & Cement Products | 0.63% | 1.10% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.60% | 1.76% |
| Bajaj FinanceFinance | 0.59% | 2.25% |
| Shriram FinanceFinance | 0.52% | 1.23% |
| Hindustan UnileverDiversified FMCG | 0.49% | 1.77% |
| Adani EnterprisesMetals & Minerals Trading | 0.43% | 0.78% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.34% | 0.71% |
| HDFC Life Insurance CompanyInsurance | 0.33% | 0.59% |
| Asian PaintsConsumer Durables | 0.29% | 1.12% |
| Hindalco IndustriesNon - Ferrous Metals | 0.29% | 1.51% |
| CiplaPharmaceuticals & Biotechnology | 0.27% | 0.73% |
| Maruti Suzuki IndiaAutomobiles | 0.22% | 1.59% |
| Ultratech CementCement & Cement Products | 0.21% | 1.26% |
| Tata Motors Passenger VehiclesAutomobiles | 0.17% | 0.76% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.16% | 0.78% |
| Eicher MotorsAutomobiles | 0.16% | 0.91% |
| Oil & Natural Gas CorporationOil | 0.16% | 0.95% |
| NTPCPower | 0.15% | 1.70% |
| InterGlobe AviationTransport Services | 0.07% | 0.92% |
| Tata Consultancy ServicesIT - Software | 0.05% | 2.13% |
| Bajaj FinservFinance | 0.04% | 0.95% |
| Power Grid Corporation of IndiaPower | 0.03% | 1.22% |
| TrentRetailing | 0.03% | 0.87% |
| Nestle IndiaFood Products | 0.02% | 0.94% |
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.