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21 of 91 unique stocks in common · Jaccard: 23.1%
A weighted portfolio overlap of 32.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.44 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 10.14% in SBI BSE Sensex ETF and 3.67% in UTI Quant Fund. Holding both schemes increases your concentration in ICICI 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 SBI | in UTI |
|---|---|---|
| ICICI BankBanks | 10.14% | 3.67% |
| HDFC BankBanks | 12.80% | 3.34% |
| Kotak Mahindra BankBanks | 3.19% | 3.89% |
| ITCDiversified FMCG | 3.12% | 3.59% |
| InfosysIT - Software | 4.56% | 3.10% |
| Tata Consultancy ServicesIT - Software | 2.58% | 3.57% |
| Titan CompanyConsumer Durables | 1.88% | 2.93% |
| Bharat ElectronicsAerospace & Defense | 1.66% | 3.63% |
| HCL TechnologiesIT - Software | 1.41% | 2.02% |
| InterGlobe AviationTransport Services | 1.11% | 2.35% |
| TrentRetailing | 1.05% | 1.84% |
| Tata SteelFerrous Metals | 1.94% | 1.01% |
| Axis BankBanks | 4.15% | 0.96% |
| State Bank of IndiaBanks | 4.52% | 0.82% |
| Bharti AirtelTelecom - Services | 5.89% | 0.52% |
| Hindustan UnileverDiversified FMCG | 2.16% | 0.52% |
| Asian PaintsConsumer Durables | 1.36% | 0.51% |
| Maruti Suzuki IndiaAutomobiles | 1.95% | 0.51% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.19% | 0.51% |
| Ultratech CementCement & Cement Products | 1.52% | 0.50% |
| Reliance IndustriesPetroleum Products | 10.08% | 0.47% |
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.