Loading fund overlap…
12 of 153 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 16.05% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.05 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 2.79% in Nippon India Multi Cap Fund and 7.39% in UTI - Infrastructure Fund. 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 | 2.79% | 7.39% |
| Axis BankBanks | 3.17% | 2.73% |
| Larsen & ToubroConstruction | 2.24% | 9.68% |
| NTPCPower | 2.20% | 4.41% |
| ICICI BankBanks | 3.66% | 2.02% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.73% | 1.43% |
| Triveni TurbineElectrical Equipment | 0.69% | 1.46% |
| Mahindra LogisticsTransport Services | 0.59% | 1.06% |
| SiemensElectrical Equipment | 0.58% | 0.59% |
| Container Corporation of IndiaTransport Services | 0.60% | 0.57% |
| 3M IndiaDiversified | 0.46% | 0.86% |
| RECFinance | 0.83% | 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.