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15 of 214 unique stocks in common · Jaccard: 7%
A weighted portfolio overlap of 22.53% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.53 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 8.56% in Lic Mf Technology Fund and 7.13% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 8.56% | 7.13% |
| Tata Consultancy ServicesIT - Software | 4.06% | 4.04% |
| Tech MahindraIT - Software | 5.21% | 1.65% |
| HCL TechnologiesIT - Software | 1.60% | 2.19% |
| Cummins IndiaIndustrial Products | 1.34% | 1.39% |
| GE Vernova T&D IndiaElectrical Equipment | 2.01% | 1.12% |
| Indus TowersTelecom - Services | 1.48% | 1.00% |
| Persistent SystemsIT - Software | 4.69% | 0.99% |
| Polycab IndiaIndustrial Products | 2.02% | 0.88% |
| CoforgeIT - Software | 2.19% | 0.87% |
| Siemens Energy IndiaElectrical Equipment | 1.89% | 0.60% |
| MphasisIT - Software | 3.17% | 0.53% |
| Apar IndustriesElectrical Equipment | 1.10% | 0.39% |
| KPIT TechnologiesIT - Software | 2.40% | 0.22% |
| L&T Technology ServicesIT - Services | 1.37% | 0.17% |
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.