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10 of 70 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 17.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.5 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 9.55% in IB21-Groww Nifty Non-Cycl Consumer Index Fund and 5.00% in UTI Nifty 50 Index Fund. Holding both schemes increases your concentration in Bharti Airtel 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 IB21-Groww | in UTI |
|---|---|---|
| Bharti AirtelTelecom - Services | 9.55% | 5.00% |
| ITCDiversified FMCG | 8.71% | 2.24% |
| EternalRetailing | 10.13% | 2.15% |
| Titan CompanyConsumer Durables | 9.00% | 1.91% |
| Hindustan UnileverDiversified FMCG | 7.46% | 1.58% |
| Asian PaintsConsumer Durables | 5.13% | 1.09% |
| Interglobe AviationTransport Services | 5.06% | 1.08% |
| Nestle IndiaFood Products | 4.58% | 0.97% |
| TrentRetailing | 4.09% | 0.87% |
| Tata Consumer ProductsAgricultural Food & Other Products | 2.89% | 0.61% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.