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5 of 48 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 20.6% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.6 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 7.28% in SBI Focused Fund and 8.75% in UTI Focused 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 | 7.28% | 8.75% |
| Bharti AirtelTelecom - Services | 5.49% | 3.86% |
| Bajaj FinanceFinance | 4.96% | 3.83% |
| Kotak Mahindra BankBanks | 5.77% | 3.73% |
| Adani PowerPower | 6.43% | 1.90% |
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.