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11 of 93 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 15.19% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.19 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Procter & Gamble Hygiene and Health Care, which commands a weight of 2.36% in DSP Nifty Midcap 150 Qlty 50 Index Fund and 2.46% in UTI - MNC Fund. Holding both schemes increases your concentration in Procter & Gamble Hygiene and Health Care 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 |
|---|---|---|
| Procter & Gamble Hygiene and Health CarePersonal Products | 2.36% | 2.46% |
| Oracle Financial Services SoftwareIT - Software | 2.58% | 2.10% |
| Abbott IndiaPharmaceuticals & Biotechnology | 1.92% | 2.03% |
| Schaeffler IndiaAuto Components | 1.60% | 1.69% |
| Cummins IndiaIndustrial Products | 4.57% | 1.43% |
| CRISILFinance | 1.27% | 2.68% |
| 3M IndiaDiversified | 1.20% | 1.29% |
| CoforgeIT - Software | 1.94% | 1.20% |
| Balkrishna IndustriesAuto Components | 1.36% | 0.98% |
| Nippon Life India Asset ManagementCapital Markets | 2.52% | 0.71% |
| MphasisIT - Software | 1.69% | 0.42% |
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.