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33 of 266 unique stocks in common · Jaccard: 12.4%
A weighted portfolio overlap of 25.57% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.57 is allocated to the exact same companies at the same relative proportions. The schemes share 33 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 4.09% in Nippon India ETF Nifty 100 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 Nippon | in UTI |
|---|---|---|
| InfosysIT - Software | 4.09% | 7.13% |
| Tata Consultancy ServicesIT - Software | 3.12% | 4.04% |
| Hindustan UnileverDiversified FMCG | 1.61% | 3.35% |
| Tata Motors Passenger VehiclesAutomobiles | 1.43% | 1.44% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.31% | 3.34% |
| HCL TechnologiesIT - Software | 1.17% | 2.19% |
| Asian PaintsConsumer Durables | 1.05% | 2.11% |
| Ultratech CementCement & Cement Products | 0.93% | 2.38% |
| Oil & Natural Gas CorporationOil | 0.89% | 1.80% |
| TrentRetailing | 0.78% | 1.64% |
| Hindalco IndustriesNon - Ferrous Metals | 0.76% | 2.86% |
| Nestle IndiaFood Products | 0.72% | 1.78% |
| Tech MahindraIT - Software | 0.65% | 1.65% |
| CiplaPharmaceuticals & Biotechnology | 0.59% | 1.38% |
| Avenue SupermartsRetailing | 0.56% | 1.05% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.56% | 1.34% |
| Hero MotoCorpAutomobiles | 0.48% | 1.11% |
| Bharat Petroleum CorporationPetroleum Products | 0.47% | 1.06% |
| Britannia IndustriesFood Products | 0.45% | 1.07% |
| GAIL (India)Gas | 0.45% | 0.78% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.38% | 0.81% |
| Godrej Consumer ProductsPersonal Products | 0.37% | 0.72% |
| LTIMindtreeIT - Software | 0.35% | 0.66% |
| Havells IndiaConsumer Durables | 0.34% | 0.52% |
| SRFChemicals & Petrochemicals | 0.31% | 0.69% |
| Colgate Palmolive (India)Personal Products | 0.30% | 0.48% |
| Jindal SteelFerrous Metals | 0.28% | 0.78% |
| Samvardhana Motherson InternationalAuto Components | 0.25% | 1.13% |
| MaricoAgricultural Food & Other Products | 0.22% | 0.76% |
| Adani Total GasGas | 0.21% | 0.38% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.19% | 0.81% |
| Zydus LifesciencesPharmaceuticals & Biotechnology | 0.19% | 0.47% |
| Berger Paints (I)Consumer Durables | 0.11% | 0.25% |
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.