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13 of 120 unique stocks in common · Jaccard: 10.8%
A weighted portfolio overlap of 25.1% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.1 is allocated to the exact same companies at the same relative proportions. The schemes share 13 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 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 HDFC | in UTI |
|---|---|---|
| HDFC BankBanks | 6.48% | 4.99% |
| ICICI BankBanks | 8.83% | 3.01% |
| Bharti AirtelTelecom - Services | 2.96% | 2.73% |
| Larsen & ToubroConstruction | 3.55% | 2.69% |
| Power Grid Corporation of IndiaPower | 2.51% | 2.56% |
| Reliance IndustriesPetroleum Products | 2.01% | 2.17% |
| HCL TechnologiesIT - Software | 2.47% | 1.54% |
| State Bank of IndiaBanks | 4.22% | 1.42% |
| InfosysIT - Software | 1.32% | 2.82% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 1.26% |
| InterGlobe AviationTransport Services | 2.79% | 1.17% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.40% | 1.18% |
| Nippon Life India Asset ManagementCapital Markets | 0.05% | 0.81% |
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.