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10 of 70 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 16.84% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.84 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.35% in DSP Nifty500 Flexicap Quality 30 ETF and 3.76% in UTI Nifty 50 ETF. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 3.35% | 3.76% |
| ITCDiversified FMCG | 3.14% | 2.56% |
| Tata Consultancy ServicesIT - Software | 3.16% | 2.13% |
| Hindustan UnileverDiversified FMCG | 3.18% | 1.77% |
| Maruti Suzuki IndiaAutomobiles | 3.20% | 1.59% |
| Bharat ElectronicsAerospace & Defense | 3.14% | 1.36% |
| HCL TechnologiesIT - Software | 3.36% | 1.15% |
| Asian PaintsConsumer Durables | 3.55% | 1.12% |
| Nestle IndiaFood Products | 3.24% | 0.94% |
| Tech MahindraIT - Software | 3.44% | 0.87% |
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.