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9 of 219 unique stocks in common · Jaccard: 4.1%
A weighted portfolio overlap of 13.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.85 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 Tata Consultancy Services, which commands a weight of 5.33% in Franklin India Focused Equity Fund and 4.04% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Tata Consultancy Services 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 |
|---|---|---|
| Tata Consultancy ServicesIT - Software | 5.33% | 4.04% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.72% | 3.34% |
| InfosysIT - Software | 2.84% | 7.13% |
| Hindustan UnileverDiversified FMCG | 2.06% | 3.35% |
| APL Apollo TubesIndustrial Products | 1.48% | 0.58% |
| KEI IndustriesIndustrial Products | 2.34% | 0.57% |
| Deepak NitriteChemicals & Petrochemicals | 1.30% | 0.20% |
| SobhaRealty | 3.26% | 0.11% |
| Whirlpool of IndiaConsumer Durables | 0.99% | 0.11% |
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.