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9 of 220 unique stocks in common · Jaccard: 4.1%
A weighted portfolio overlap of 17.9% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.9 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 4.56% in SBI BSE Sensex ETF and 7.13% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Infosys 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 SBI | in UTI |
|---|---|---|
| InfosysIT - Software | 4.56% | 7.13% |
| Tata Consultancy ServicesIT - Software | 2.58% | 4.04% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.19% | 3.34% |
| Hindustan UnileverDiversified FMCG | 2.16% | 3.35% |
| Ultratech CementCement & Cement Products | 1.52% | 2.38% |
| HCL TechnologiesIT - Software | 1.41% | 2.19% |
| Asian PaintsConsumer Durables | 1.36% | 2.11% |
| Tech MahindraIT - Software | 1.07% | 1.65% |
| TrentRetailing | 1.05% | 1.64% |
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.