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20 of 96 unique stocks in common · Jaccard: 20.8%
A weighted portfolio overlap of 37.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.26 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.48% in HDFC Flexi Cap 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 | 6.48% | 8.05% |
| ICICI BankBanks | 8.83% | 5.27% |
| State Bank of IndiaBanks | 4.22% | 3.26% |
| Bharti AirtelTelecom - Services | 2.96% | 2.97% |
| Kotak Mahindra BankBanks | 3.43% | 2.70% |
| Power Grid Corporation of IndiaPower | 2.51% | 2.48% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 2.20% |
| CiplaPharmaceuticals & Biotechnology | 2.89% | 1.81% |
| Axis BankBanks | 6.84% | 1.74% |
| Eicher MotorsAutomobiles | 2.46% | 1.67% |
| InfosysIT - Software | 1.32% | 2.28% |
| Tata SteelFerrous Metals | 1.30% | 1.80% |
| Bajaj AutoAutomobiles | 1.78% | 1.27% |
| Bank of BarodaBanks | 0.69% | 1.52% |
| Aster DM HealthcareHealthcare Services | 0.64% | 1.53% |
| Oil & Natural Gas CorporationOil | 0.58% | 1.74% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 1.75% |
| Metropolis HealthcareHealthcare Services | 0.35% | 1.34% |
| ICICI Prudential Asset Management CompanyCapital Markets | 0.12% | 0.86% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 1.61% |
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.