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12 of 114 unique stocks in common · Jaccard: 10.5%
A weighted portfolio overlap of 18.73% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.73 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 3.55% in HDFC Flexi Cap Fund and 9.68% in UTI - Infrastructure Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 3.55% | 9.68% |
| Bharti AirtelTelecom - Services | 2.96% | 13.33% |
| InterGlobe AviationTransport Services | 2.79% | 4.00% |
| Axis BankBanks | 6.84% | 2.73% |
| ICICI BankBanks | 8.83% | 2.02% |
| Reliance IndustriesPetroleum Products | 2.01% | 7.39% |
| Power Grid Corporation of IndiaPower | 2.51% | 1.10% |
| Oil & Natural Gas CorporationOil | 0.58% | 3.76% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 1.43% |
| JSW SteelFerrous Metals | 1.72% | 0.37% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 0.20% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 0.74% |
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.