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14 of 115 unique stocks in common · Jaccard: 12.2%
A weighted portfolio overlap of 18.65% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.65 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Kotak Mahindra Bank, which commands a weight of 2.51% in Franklin India Multi Cap Fund and 4.03% in UTI Multi Cap Fund. Holding both schemes increases your concentration in Kotak Mahindra 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 |
|---|---|---|
| Kotak Mahindra BankBanks | 2.51% | 4.03% |
| HDFC BankBanks | 2.47% | 4.53% |
| Reliance IndustriesPetroleum Products | 2.27% | 2.30% |
| Ultratech CementCement & Cement Products | 2.40% | 1.53% |
| Bharti AirtelTelecom - Services | 1.52% | 1.78% |
| Axis BankBanks | 3.76% | 1.28% |
| Tata CommunicationsTelecom - Services | 2.43% | 1.26% |
| Tata Motors Passenger VehiclesAutomobiles | 1.11% | 1.21% |
| CoforgeIT - Software | 2.66% | 1.09% |
| Maruti Suzuki IndiaAutomobiles | 1.01% | 1.36% |
| Dixon Technologies (India)Consumer Durables | 1.55% | 1.00% |
| Hindustan Petroleum CorporationPetroleum Products | 2.06% | 0.81% |
| Mahindra & Mahindra Financial ServicesFinance | 0.48% | 0.45% |
| Seshaasai TechnologiesFinancial Technology (Fintech) | 0.34% | 0.40% |
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.