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9 of 84 unique stocks in common · Jaccard: 10.7%
A weighted portfolio overlap of 24.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.75 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.42% in SBI Long Term Advantage Fund - Series VI 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 | 4.42% | 7.68% |
| Bharti AirtelTelecom - Services | 4.20% | 4.46% |
| Axis BankBanks | 4.71% | 4.01% |
| ICICI BankBanks | 3.78% | 6.90% |
| Kotak Mahindra BankBanks | 4.02% | 2.28% |
| State Bank of IndiaBanks | 4.64% | 1.86% |
| Larsen & ToubroConstruction | 4.52% | 1.80% |
| Jubilant FoodworksLeisure Services | 1.45% | 1.46% |
| AstralIndustrial Products | 3.80% | 0.95% |
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.