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18 of 121 unique stocks in common · Jaccard: 14.9%
A weighted portfolio overlap of 19.39% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.39 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is DLF, which commands a weight of 1.40% in NJ Value Fund and 1.35% in UTI Value Fund. Holding both schemes increases your concentration in DLF 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 NJ | in UTI |
|---|---|---|
| DLFRealty | 1.40% | 1.35% |
| InfosysIT - Software | 1.34% | 3.38% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.33% | 1.45% |
| Reliance IndustriesPetroleum Products | 1.31% | 2.53% |
| CiplaPharmaceuticals & Biotechnology | 1.28% | 1.69% |
| Maruti Suzuki IndiaAutomobiles | 1.27% | 1.98% |
| Mahindra & Mahindra Financial ServicesFinance | 1.27% | 1.60% |
| Power Grid Corporation of IndiaPower | 1.24% | 1.79% |
| Bharti AirtelTelecom - Services | 1.23% | 4.12% |
| Samvardhana Motherson InternationalAuto Components | 1.51% | 1.09% |
| Dabur IndiaPersonal Products | 1.21% | 1.03% |
| The Great Eastern Shipping CompanyTransport Services | 1.29% | 0.99% |
| Oil & Natural Gas CorporationOil | 1.28% | 0.97% |
| Larsen & ToubroConstruction | 1.37% | 0.95% |
| Hindustan AeronauticsAerospace & Defense | 1.38% | 0.88% |
| Hero MotoCorpAutomobiles | 1.35% | 0.74% |
| PI IndustriesFertilizers & Agrochemicals | 1.15% | 0.59% |
| ITCDiversified FMCG | 1.22% | 0.53% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.