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25 of 103 unique stocks in common · Jaccard: 24.3%
A weighted portfolio overlap of 37.19% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.19 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.25% in Nippon India Vision Fund and 10.53% in UTI Nifty 50 ETF. 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 | 5.25% | 10.53% |
| ICICI BankBanks | 4.54% | 8.30% |
| Reliance IndustriesPetroleum Products | 4.27% | 8.25% |
| Larsen & ToubroConstruction | 2.38% | 4.42% |
| State Bank of IndiaBanks | 1.96% | 3.70% |
| NTPCPower | 2.40% | 1.70% |
| Axis BankBanks | 1.52% | 3.41% |
| Hindalco IndustriesNon - Ferrous Metals | 2.13% | 1.51% |
| Tata Consultancy ServicesIT - Software | 1.50% | 2.13% |
| Bharti AirtelTelecom - Services | 1.46% | 5.19% |
| Maruti Suzuki IndiaAutomobiles | 1.41% | 1.59% |
| Bharat ElectronicsAerospace & Defense | 1.46% | 1.36% |
| ITCDiversified FMCG | 1.29% | 2.56% |
| EternalRetailing | 0.97% | 1.67% |
| InfosysIT - Software | 0.94% | 3.76% |
| Eicher MotorsAutomobiles | 1.32% | 0.91% |
| SBI Life Insurance CompanyInsurance | 0.89% | 0.76% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.65% | 0.71% |
| InterGlobe AviationTransport Services | 0.62% | 0.92% |
| Max Healthcare InstituteHealthcare Services | 0.56% | 0.66% |
| Grasim IndustriesCement & Cement Products | 0.43% | 1.10% |
| Bajaj AutoAutomobiles | 0.39% | 1.07% |
| Oil & Natural Gas CorporationOil | 0.31% | 0.95% |
| HCL TechnologiesIT - Software | 0.30% | 1.15% |
| Coal IndiaConsumable Fuels | 0.20% | 0.96% |
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.