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26 of 262 unique stocks in common · Jaccard: 9.9%
A weighted portfolio overlap of 18.15% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.15 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 3.28% in Nippon India Flexi Cap 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 Nippon | in UTI |
|---|---|---|
| InfosysIT - Software | 3.28% | 7.13% |
| Ultratech CementCement & Cement Products | 1.92% | 2.38% |
| TrentRetailing | 1.53% | 1.64% |
| Hindustan UnileverDiversified FMCG | 1.13% | 3.35% |
| Samvardhana Motherson InternationalAuto Components | 1.62% | 1.13% |
| Tech MahindraIT - Software | 1.13% | 1.65% |
| Bharat Heavy ElectricalsElectrical Equipment | 1.12% | 1.07% |
| Tata Motors Passenger VehiclesAutomobiles | 0.98% | 1.44% |
| LupinPharmaceuticals & Biotechnology | 1.03% | 0.96% |
| Hindalco IndustriesNon - Ferrous Metals | 0.85% | 2.86% |
| Jindal SteelFerrous Metals | 0.94% | 0.78% |
| Godrej Consumer ProductsPersonal Products | 0.96% | 0.72% |
| Hero MotoCorpAutomobiles | 0.60% | 1.11% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.48% | 0.32% |
| JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology | 1.48% | 0.31% |
| Supreme IndustriesIndustrial Products | 0.24% | 0.40% |
| Timken IndiaIndustrial Products | 0.49% | 0.23% |
| Apollo TyresAuto Components | 0.82% | 0.22% |
| Finolex CablesIndustrial Products | 1.18% | 0.15% |
| CyientIT - Services | 0.34% | 0.13% |
| R R KabelIndustrial Products | 0.71% | 0.12% |
| Syngene InternationalHealthcare Services | 0.11% | 0.15% |
| Welspun LivingTextiles & Apparels | 0.52% | 0.08% |
| Aditya Birla Fashion and RetailRetailing | 0.68% | 0.06% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.32% | 0.06% |
| RHI Magnesita IndiaIndustrial Products | 0.33% | 0.04% |
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.