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23 of 112 unique stocks in common · Jaccard: 20.5%
A weighted portfolio overlap of 38.16% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.16 is allocated to the exact same companies at the same relative proportions. The schemes share 23 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.94% in Nippon India Value Fund and 8.05% in UTI Value Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 5.94% | 8.05% |
| ICICI BankBanks | 5.47% | 6.39% |
| InfosysIT - Software | 3.21% | 3.33% |
| Bharti AirtelTelecom - Services | 2.84% | 4.44% |
| Reliance IndustriesPetroleum Products | 2.57% | 2.67% |
| State Bank of IndiaBanks | 1.84% | 3.40% |
| Mahindra & MahindraAutomobiles | 1.65% | 3.22% |
| IndusInd BankBanks | 1.59% | 1.81% |
| Tata SteelFerrous Metals | 1.32% | 1.57% |
| The Phoenix MillsRealty | 1.24% | 1.67% |
| Coal IndiaConsumable Fuels | 1.21% | 1.24% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 1.02% | 1.62% |
| Bharat ElectronicsAerospace & Defense | 1.33% | 1.00% |
| Oil & Natural Gas CorporationOil | 3.27% | 1.00% |
| Fortis HealthcareHealthcare Services | 0.98% | 1.54% |
| Larsen & ToubroConstruction | 3.24% | 0.92% |
| Tech MahindraIT - Software | 0.82% | 2.61% |
| LTIMindtreeIT - Software | 0.77% | 0.95% |
| Hero MotoCorpAutomobiles | 0.74% | 0.70% |
| Hindustan AeronauticsAerospace & Defense | 0.68% | 0.89% |
| Axis BankBanks | 0.64% | 3.56% |
| Maruti Suzuki IndiaAutomobiles | 0.51% | 2.17% |
| Metropolis HealthcareHealthcare Services | 0.24% | 1.15% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.