Loading fund overlap…
25 of 122 unique stocks in common · Jaccard: 20.5%
A weighted portfolio overlap of 27.59% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.59 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 ICICI Bank, which commands a weight of 8.83% in HDFC Flexi Cap Fund and 3.67% in UTI Quant Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 8.83% | 3.67% |
| Kotak Mahindra BankBanks | 3.43% | 3.89% |
| HDFC BankBanks | 6.48% | 3.34% |
| InterGlobe AviationTransport Services | 2.79% | 2.35% |
| HCL TechnologiesIT - Software | 2.47% | 2.02% |
| InfosysIT - Software | 1.32% | 3.10% |
| Persistent SystemsIT - Software | 1.25% | 1.31% |
| Tata SteelFerrous Metals | 1.30% | 1.01% |
| Hyundai Motor IndiaAutomobiles | 1.70% | 1.00% |
| Axis BankBanks | 6.84% | 0.96% |
| Eicher MotorsAutomobiles | 2.46% | 0.93% |
| State Bank of IndiaBanks | 4.22% | 0.82% |
| Britannia IndustriesFood Products | 0.77% | 2.75% |
| SBI Life Insurance CompanyInsurance | 3.76% | 0.71% |
| Bank of BarodaBanks | 0.69% | 0.58% |
| Bharti AirtelTelecom - Services | 2.96% | 0.52% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 0.51% |
| Dr. Lal Path LabsHealthcare Services | 0.66% | 0.48% |
| Reliance IndustriesPetroleum Products | 2.01% | 0.47% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.58% | 0.39% |
| Dixon Technologies (India)Consumer Durables | 0.36% | 1.89% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.34% | 0.82% |
| TVS Motor CompanyAutomobiles | 0.29% | 0.89% |
| Nippon Life India Asset ManagementCapital Markets | 0.05% | 0.76% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 3.63% |
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.