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7 of 108 unique stocks in common · Jaccard: 6.5%
A weighted portfolio overlap of 10.19% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.19 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.22% in HDFC Flexi Cap Fund and 4.60% in UTI Nifty 500 Value 50 Index Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 4.22% | 4.60% |
| Power Grid Corporation of IndiaPower | 2.51% | 5.04% |
| Tata SteelFerrous Metals | 1.30% | 5.66% |
| Bank of BarodaBanks | 0.69% | 1.82% |
| Aster DM HealthcareHealthcare Services | 0.64% | 1.89% |
| Oil & Natural Gas CorporationOil | 0.58% | 5.21% |
| Hindustan Petroleum CorporationPetroleum Products | 0.25% | 2.28% |
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.