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17 of 136 unique stocks in common · Jaccard: 12.5%
A weighted portfolio overlap of 23.05% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.05 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 6.36% in SBI Large and Midcap Fund and 5.23% in UTI Large & Mid Cap 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 | 6.36% | 5.23% |
| ICICI BankBanks | 3.98% | 4.78% |
| State Bank of IndiaBanks | 2.88% | 3.07% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 1.91% | 2.58% |
| Indus TowersTelecom - Services | 1.30% | 1.55% |
| Jubilant FoodworksLeisure Services | 1.29% | 1.02% |
| InfosysIT - Software | 0.94% | 3.05% |
| Colgate Palmolive (India)Personal Products | 1.86% | 0.91% |
| BioconPharmaceuticals & Biotechnology | 2.29% | 0.75% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 2.37% | 0.70% |
| HCL TechnologiesIT - Software | 0.68% | 1.47% |
| EmamiPersonal Products | 0.56% | 0.94% |
| WiproIT - Software | 0.55% | 1.82% |
| G R InfraprojectsConstruction | 0.47% | 1.03% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.41% | 1.36% |
| Coal IndiaConsumable Fuels | 0.39% | 0.80% |
| Hero MotoCorpAutomobiles | 0.37% | 2.13% |
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.