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16 of 126 unique stocks in common · Jaccard: 12.7%
A weighted portfolio overlap of 21.87% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.87 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.18% in SBI Large and Midcap Fund and 4.99% 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 | 7.18% | 4.99% |
| ICICI BankBanks | 2.65% | 3.01% |
| Reliance IndustriesPetroleum Products | 2.55% | 2.17% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 1.94% | 2.34% |
| Indus TowersTelecom - Services | 1.58% | 1.93% |
| State Bank of IndiaBanks | 2.81% | 1.42% |
| BioconPharmaceuticals & Biotechnology | 2.17% | 1.18% |
| InfosysIT - Software | 1.03% | 2.82% |
| Colgate Palmolive (India)Personal Products | 2.17% | 0.97% |
| Jubilant FoodworksLeisure Services | 1.00% | 0.96% |
| EmamiPersonal Products | 0.66% | 1.04% |
| HCL TechnologiesIT - Software | 0.66% | 1.54% |
| G R InfraprojectsConstruction | 0.52% | 1.05% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 2.05% | 0.46% |
| WiproIT - Software | 0.42% | 2.28% |
| Tube Investments of IndiaAuto Components | 0.26% | 1.26% |
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.