Loading fund overlap…
16 of 64 unique stocks in common · Jaccard: 25%
A weighted portfolio overlap of 30.76% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.76 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 4.17% in Nippon India Nifty Alpha Low Volatility30IndexFund and 5.19% in UTI Nifty 50 ETF. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 4.17% | 5.19% |
| ICICI BankBanks | 3.99% | 8.30% |
| Larsen & ToubroConstruction | 3.60% | 4.42% |
| Axis BankBanks | 2.85% | 3.41% |
| ITCDiversified FMCG | 3.20% | 2.56% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 4.25% | 1.76% |
| NTPCPower | 3.90% | 1.70% |
| Maruti Suzuki IndiaAutomobiles | 4.30% | 1.59% |
| Titan CompanyConsumer Durables | 3.15% | 1.55% |
| Ultratech CementCement & Cement Products | 3.07% | 1.26% |
| Grasim IndustriesCement & Cement Products | 3.40% | 1.10% |
| Bajaj AutoAutomobiles | 4.53% | 1.07% |
| Coal IndiaConsumable Fuels | 3.25% | 0.96% |
| Oil & Natural Gas CorporationOil | 3.81% | 0.95% |
| Nestle IndiaFood Products | 3.38% | 0.94% |
| Tata Consumer ProductsAgricultural Food & Other Products | 3.15% | 0.71% |
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.