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11 of 79 unique stocks in common · Jaccard: 13.9%
A weighted portfolio overlap of 21.06% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.06 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 19.12% in Nippon India ETF Nifty Infrastructure Bees and 5.30% in UTI - Master Equity Plan Unit Scheme. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 19.12% | 5.30% |
| Larsen & ToubroConstruction | 14.37% | 4.40% |
| Bharti AirtelTelecom - Services | 11.63% | 4.14% |
| Ultratech CementCement & Cement Products | 3.90% | 1.86% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.29% | 1.28% |
| Oil & Natural Gas CorporationOil | 3.73% | 1.12% |
| Power Grid Corporation of IndiaPower | 4.65% | 0.87% |
| DLFRealty | 1.94% | 0.81% |
| Bharat Petroleum CorporationPetroleum Products | 1.96% | 0.71% |
| InterGlobe AviationTransport Services | 1.92% | 0.31% |
| Balkrishna IndustriesAuto Components | 0.65% | 0.26% |
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.