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14 of 94 unique stocks in common · Jaccard: 14.9%
A weighted portfolio overlap of 23.61% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.61 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.88% in SBI Dividend Yield Fund and 5.97% in UTI - Dividend Yield 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 | 6.88% | 5.97% |
| Mahindra & MahindraAutomobiles | 2.30% | 3.00% |
| Kotak Mahindra BankBanks | 2.16% | 2.89% |
| Tech MahindraIT - Software | 2.07% | 3.13% |
| Eicher MotorsAutomobiles | 1.88% | 1.58% |
| The Great Eastern Shipping CompanyTransport Services | 1.42% | 1.34% |
| Aster DM Quality CareHealthcare Services | 1.33% | 1.42% |
| Bharti AirtelTelecom - Services | 1.27% | 2.88% |
| SKF India (Industrial)Industrial Products | 1.26% | 1.13% |
| Life Insurance Corporation Of IndiaInsurance | 3.84% | 1.11% |
| Oil & Natural Gas CorporationOil | 1.10% | 1.54% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 2.44% | 0.96% |
| Oil IndiaOil | 1.13% | 0.83% |
| Sanofi Consumer Healthcare IndiaPharmaceuticals & Biotechnology | 0.85% | 0.46% |
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.