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17 of 84 unique stocks in common · Jaccard: 20.2%
A weighted portfolio overlap of 37% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.82% in Nippon India Power & Infra 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 | 5.82% | 7.39% |
| Larsen & ToubroConstruction | 5.70% | 9.68% |
| Bharti AirtelTelecom - Services | 4.72% | 13.33% |
| NTPCPower | 5.76% | 4.41% |
| Ultratech CementCement & Cement Products | 4.45% | 4.24% |
| Cummins IndiaIndustrial Products | 2.92% | 2.07% |
| Hindustan AeronauticsAerospace & Defense | 2.07% | 2.06% |
| Brigade EnterprisesRealty | 3.07% | 1.69% |
| Power Grid Corporation of IndiaPower | 2.15% | 1.10% |
| Praj IndustriesIndustrial Manufacturing | 1.63% | 0.88% |
| G R InfraprojectsConstruction | 1.14% | 0.84% |
| Bharat ElectronicsAerospace & Defense | 2.09% | 0.74% |
| PNC InfratechConstruction | 1.60% | 0.71% |
| SiemensElectrical Equipment | 2.09% | 0.59% |
| Container Corporation of IndiaTransport Services | 2.60% | 0.57% |
| JSW InfrastructureTransport Infrastructure | 1.30% | 0.48% |
| RHI Magnesita IndiaIndustrial Products | 0.62% | 0.38% |
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.