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12 of 38 unique stocks in common · Jaccard: 31.6%
A weighted portfolio overlap of 40.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.25 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 ICICI Bank, which commands a weight of 14.84% in HDFC Nifty50 Value 20 ETF and 10.14% in UTI BSE Sensex ETF. 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 | 14.84% | 10.14% |
| InfosysIT - Software | 9.97% | 4.56% |
| State Bank of IndiaBanks | 9.80% | 4.52% |
| Axis BankBanks | 9.04% | 4.15% |
| Kotak Mahindra BankBanks | 6.93% | 3.19% |
| ITCDiversified FMCG | 6.77% | 3.12% |
| Tata Consultancy ServicesIT - Software | 5.65% | 2.58% |
| NTPCPower | 4.49% | 2.07% |
| Maruti Suzuki IndiaAutomobiles | 4.22% | 1.95% |
| Power Grid Corporation of IndiaPower | 3.22% | 1.49% |
| HCL TechnologiesIT - Software | 3.06% | 1.41% |
| Tech MahindraIT - Software | 2.31% | 1.07% |
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.