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8 of 78 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 19.57% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.57 is allocated to the exact same companies at the same relative proportions. The schemes share 8 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 5.18% in UTI - Flexi 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 | 4.42% | 5.18% |
| ICICI BankBanks | 3.78% | 6.18% |
| Kotak Mahindra BankBanks | 4.02% | 3.59% |
| Bharti AirtelTelecom - Services | 4.20% | 3.44% |
| AstralIndustrial Products | 3.80% | 1.82% |
| Grindwell NortonIndustrial Products | 2.02% | 1.13% |
| Aavas FinanciersFinance | 2.43% | 0.77% |
| Jubilant FoodworksLeisure Services | 1.45% | 0.62% |
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.