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17 of 86 unique stocks in common · Jaccard: 19.8%
A weighted portfolio overlap of 43.63% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.63 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.65% in SBI ESG Exclusionary Strategy Fund and 7.68% in UTI Children's Equity Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 7.65% | 7.68% |
| ICICI BankBanks | 8.11% | 6.90% |
| Axis BankBanks | 5.06% | 4.01% |
| InfosysIT - Software | 4.66% | 3.65% |
| Bajaj FinanceFinance | 3.63% | 3.66% |
| Maruti Suzuki IndiaAutomobiles | 3.85% | 2.92% |
| Reliance IndustriesPetroleum Products | 2.53% | 4.27% |
| Kotak Mahindra BankBanks | 3.78% | 2.28% |
| State Bank of IndiaBanks | 3.67% | 1.86% |
| Larsen & ToubroConstruction | 4.82% | 1.80% |
| LTIMindtreeIT - Software | 2.09% | 1.28% |
| Eicher MotorsAutomobiles | 2.06% | 0.96% |
| Jubilant FoodworksLeisure Services | 0.93% | 1.46% |
| Oberoi RealtyRealty | 1.40% | 0.87% |
| Dr. Lal Path LabsHealthcare Services | 1.26% | 0.85% |
| Kajaria CeramicsConsumer Durables | 1.15% | 0.79% |
| Asian PaintsConsumer Durables | 3.05% | 0.72% |
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.