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25 of 153 unique stocks in common · Jaccard: 16.3%
A weighted portfolio overlap of 40.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.44 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.18% in HDFC Dividend Yield Fund and 8.05% in UTI - Dividend Yield 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 HDFC | in UTI |
|---|---|---|
| HDFC BankBanks | 5.18% | 8.05% |
| ICICI BankBanks | 4.80% | 5.27% |
| Bharti AirtelTelecom - Services | 2.56% | 2.97% |
| Maruti Suzuki IndiaAutomobiles | 2.27% | 2.20% |
| Kotak Mahindra BankBanks | 2.12% | 2.70% |
| Tech MahindraIT - Software | 2.12% | 3.05% |
| State Bank of IndiaBanks | 1.89% | 3.26% |
| NTPCPower | 2.00% | 1.88% |
| Axis BankBanks | 3.74% | 1.74% |
| InfosysIT - Software | 1.72% | 2.28% |
| Eicher MotorsAutomobiles | 1.48% | 1.67% |
| Tata SteelFerrous Metals | 1.48% | 1.80% |
| Tata Consultancy ServicesIT - Software | 1.33% | 1.83% |
| Coal IndiaConsumable Fuels | 1.31% | 2.04% |
| Bajaj AutoAutomobiles | 1.96% | 1.27% |
| Aster DM HealthcareHealthcare Services | 1.24% | 1.53% |
| ITCDiversified FMCG | 1.18% | 1.78% |
| CiplaPharmaceuticals & Biotechnology | 1.09% | 1.81% |
| Oil & Natural Gas CorporationOil | 1.09% | 1.74% |
| Hindustan AeronauticsAerospace & Defense | 0.73% | 1.45% |
| Bharat ElectronicsAerospace & Defense | 0.66% | 1.61% |
| Mahindra & MahindraAutomobiles | 0.38% | 2.84% |
| EmamiPersonal Products | 0.36% | 0.86% |
| SKF India (Industrial)Industrial Products | 0.36% | 0.85% |
| SKF IndiaAuto Components | 0.27% | 0.52% |
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.