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20 of 151 unique stocks in common · Jaccard: 13.2%
A weighted portfolio overlap of 22.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.71 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.67% in Nippon India Flexi Cap Fund and 3.67% in UTI Quant Fund. Holding both schemes increases your concentration in ICICI Bank 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 |
|---|---|---|
| ICICI BankBanks | 4.67% | 3.67% |
| HDFC BankBanks | 6.53% | 3.34% |
| InfosysIT - Software | 3.28% | 3.10% |
| Coal IndiaConsumable Fuels | 1.74% | 1.88% |
| TrentRetailing | 1.53% | 1.84% |
| ITCDiversified FMCG | 1.25% | 3.59% |
| Axis BankBanks | 3.32% | 0.96% |
| Hindalco IndustriesNon - Ferrous Metals | 0.85% | 1.12% |
| State Bank of IndiaBanks | 1.85% | 0.82% |
| SBI Life Insurance CompanyInsurance | 1.77% | 0.71% |
| Hero MotoCorpAutomobiles | 0.60% | 1.75% |
| InterGlobe AviationTransport Services | 0.57% | 2.35% |
| Bharti AirtelTelecom - Services | 1.07% | 0.52% |
| Hindustan UnileverDiversified FMCG | 1.13% | 0.52% |
| Maruti Suzuki IndiaAutomobiles | 1.46% | 0.51% |
| Ultratech CementCement & Cement Products | 1.92% | 0.50% |
| Reliance IndustriesPetroleum Products | 3.41% | 0.47% |
| Bank of BarodaBanks | 0.41% | 0.58% |
| HDFC Asset Management CompanyCapital Markets | 0.34% | 1.51% |
| MTAR TechnologiesElectrical Equipment | 0.30% | 0.45% |
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.