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7 of 66 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 18.08% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.08 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 3.79% in SBI Equity Hybrid Fund and 5.03% in UTI Nifty 200 Momentum 30 Index Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 3.79% | 5.03% |
| Bharti AirtelTelecom - Services | 3.27% | 4.38% |
| Muthoot FinanceFinance | 2.79% | 3.13% |
| Bajaj FinanceFinance | 2.49% | 4.58% |
| InterGlobe AviationTransport Services | 2.25% | 3.62% |
| Asian PaintsConsumer Durables | 1.75% | 4.90% |
| Hindalco IndustriesNon - Ferrous Metals | 1.74% | 6.51% |
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.