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12 of 97 unique stocks in common · Jaccard: 12.4%
A weighted portfolio overlap of 20.43% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.43 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 HDFC Bank, which commands a weight of 2.99% in Lic Mf Children’S Fund and 8.05% in UTI - Dividend Yield Fund. Holding both schemes increases your concentration in HDFC 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 Lic | in UTI |
|---|---|---|
| HDFC BankBanks | 2.99% | 8.05% |
| State Bank of IndiaBanks | 2.40% | 3.26% |
| ICICI BankBanks | 2.32% | 5.27% |
| Kotak Mahindra BankBanks | 2.27% | 2.70% |
| Mahindra & MahindraAutomobiles | 1.78% | 2.84% |
| Axis BankBanks | 3.60% | 1.74% |
| Maruti Suzuki IndiaAutomobiles | 1.64% | 2.20% |
| MphasisIT - Software | 1.35% | 1.60% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.23% | 2.03% |
| Tech MahindraIT - Software | 1.13% | 3.05% |
| Tata SteelFerrous Metals | 0.85% | 1.80% |
| KPIT TechnologiesIT - Software | 1.40% | 0.73% |
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.