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11 of 69 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 27.02% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.02 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 8.25% in UTI Nifty 50 ETF. 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% | 8.25% |
| Bharti AirtelTelecom - Services | 11.63% | 5.19% |
| Larsen & ToubroConstruction | 14.37% | 4.42% |
| NTPCPower | 5.83% | 1.70% |
| Ultratech CementCement & Cement Products | 3.90% | 1.26% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 3.29% | 1.23% |
| Power Grid Corporation of IndiaPower | 4.65% | 1.22% |
| Grasim IndustriesCement & Cement Products | 3.01% | 1.10% |
| Oil & Natural Gas CorporationOil | 3.73% | 0.95% |
| InterGlobe AviationTransport Services | 1.92% | 0.92% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.03% | 0.78% |
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.