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17 of 70 unique stocks in common · Jaccard: 24.3%
A weighted portfolio overlap of 44.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.71 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.42% in Franklin India Focused Equity Fund and 9.15% in UTI - Large Cap Fund. 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 Franklin | in UTI |
|---|---|---|
| HDFC BankBanks | 8.42% | 9.15% |
| ICICI BankBanks | 7.55% | 8.22% |
| Reliance IndustriesPetroleum Products | 6.16% | 5.35% |
| Bharti AirtelTelecom - Services | 5.70% | 4.11% |
| InfosysIT - Software | 2.84% | 4.90% |
| EternalRetailing | 5.24% | 2.80% |
| Axis BankBanks | 7.44% | 2.59% |
| Maruti Suzuki IndiaAutomobiles | 3.60% | 1.63% |
| Hindustan AeronauticsAerospace & Defense | 1.48% | 1.68% |
| HDFC Life Insurance CompanyInsurance | 2.49% | 1.43% |
| Tata Consultancy ServicesIT - Software | 5.33% | 1.42% |
| State Bank of IndiaBanks | 2.23% | 1.41% |
| Tata SteelFerrous Metals | 4.07% | 1.11% |
| PB FintechFinancial Technology (Fintech) | 3.64% | 1.05% |
| Jubilant FoodworksLeisure Services | 1.41% | 0.75% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.72% | 0.50% |
| InterGlobe AviationTransport Services | 2.94% | 0.28% |
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.