How much do Nippon India Nifty Smallcap 250 Index Fund and UTI Innovation Fund overlap?

They share 8 common holdings, a weighted portfolio overlap of about 2.45% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 2.45% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Nippon India Nifty Smallcap 250 Index Fund vs UTI Innovation Fund

Nippon India MF · Index FundUTI MF · Sectoral / Thematic· as on May 2026

Weighted portfolio overlap

2.45%

Low overlap

Common

242

Only Nippon

Only UTI

8 of 270 unique stocks in common · Jaccard: 3%

Common holdings

Stock	in Nippon	in UTI
Indiamart IntermeshRetailing	0.50%	3.34%
Praj IndustriesIndustrial Manufacturing	0.42%	2.99%
Affle (India)IT - Services	0.37%	5.53%
Happiest Minds TechnologiesIT - Software	0.37%	1.12%
MTAR TechnologiesElectrical Equipment	0.23%	6.06%
Latent View AnalyticsIT - Software	0.22%	2.11%
Clean Science and TechnologyChemicals & Petrochemicals	0.18%	2.98%
C.E. Info SystemsIT - Software	0.16%	1.63%

FAQ

How much do Nippon India Nifty Smallcap 250 Index Fund and UTI Innovation Fund overlap?: They share 8 common holdings, a weighted portfolio overlap of about 2.45% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 2.45% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.