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17 of 112 unique stocks in common · Jaccard: 15.2%
A weighted portfolio overlap of 38.31% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.31 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.44% in HDFC Value Fund and 5.84% in UTI Value 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 | 6.44% | 5.84% |
| HDFC BankBanks | 5.26% | 8.28% |
| Axis BankBanks | 4.27% | 3.82% |
| State Bank of IndiaBanks | 3.49% | 3.44% |
| Bharti AirtelTelecom - Services | 3.25% | 4.35% |
| InfosysIT - Software | 2.70% | 3.39% |
| Reliance IndustriesPetroleum Products | 2.26% | 2.75% |
| Tech MahindraIT - Software | 1.72% | 2.60% |
| The Phoenix MillsRealty | 1.62% | 1.80% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.21% | 1.46% |
| Eicher MotorsAutomobiles | 1.37% | 1.78% |
| Maruti Suzuki IndiaAutomobiles | 1.29% | 2.20% |
| Bharat ElectronicsAerospace & Defense | 2.25% | 1.11% |
| Tube Investments of IndiaAuto Components | 1.12% | 0.95% |
| Bharat Petroleum CorporationPetroleum Products | 0.82% | 0.84% |
| Info Edge (India)Retailing | 0.78% | 1.32% |
| MphasisIT - Software | 0.62% | 1.72% |
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.