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26 of 135 unique stocks in common · Jaccard: 19.3%
A weighted portfolio overlap of 36.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.74 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.33% in Franklin India Multi-Factor Fund and 4.99% in UTI Large & Mid 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 | 6.33% | 4.99% |
| ICICI BankBanks | 4.63% | 3.01% |
| InfosysIT - Software | 2.94% | 2.82% |
| Bharti AirtelTelecom - Services | 3.60% | 2.73% |
| Larsen & ToubroConstruction | 3.07% | 2.69% |
| Reliance IndustriesPetroleum Products | 5.11% | 2.17% |
| ITCDiversified FMCG | 2.07% | 2.67% |
| State Bank of IndiaBanks | 2.09% | 1.42% |
| HCL TechnologiesIT - Software | 1.29% | 1.54% |
| Hero MotoCorpAutomobiles | 1.23% | 1.67% |
| Shriram FinanceFinance | 1.20% | 1.30% |
| Indus TowersTelecom - Services | 1.12% | 1.93% |
| Power Grid Corporation of IndiaPower | 1.10% | 2.56% |
| Maruti Suzuki IndiaAutomobiles | 1.03% | 1.26% |
| Life Insurance Corporation of IndiaInsurance | 0.94% | 1.30% |
| Mahindra & MahindraAutomobiles | 0.90% | 1.25% |
| RECFinance | 0.86% | 1.47% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.81% | 2.34% |
| Multi Commodity Exchange of IndiaCapital Markets | 0.76% | 1.07% |
| General Insurance Corporation of IndiaInsurance | 0.74% | 0.91% |
| The Great Eastern Shipping CompanyTransport Services | 0.67% | 0.85% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.54% | 1.14% |
| VedantaDiversified Metals | 0.70% | 0.52% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.70% | 0.46% |
| Glenmark PharmaceuticalsPharmaceuticals & Biotechnology | 0.45% | 1.02% |
| Oberoi RealtyRealty | 0.21% | 1.47% |
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.