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12 of 110 unique stocks in common · Jaccard: 10.9%
A weighted portfolio overlap of 15.53% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.53 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is The Federal Bank, which commands a weight of 2.22% in SBI Midcap Fund and 1.81% in UTI Large & Mid Cap Fund. Holding both schemes increases your concentration in The Federal 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 |
|---|---|---|
| The Federal BankBanks | 2.22% | 1.81% |
| Indus TowersTelecom - Services | 1.77% | 1.93% |
| The Phoenix MillsRealty | 1.51% | 1.68% |
| Oberoi RealtyRealty | 1.97% | 1.47% |
| Max Financial ServicesInsurance | 1.93% | 1.38% |
| Sundaram FinanceFinance | 2.41% | 1.26% |
| BioconPharmaceuticals & Biotechnology | 2.86% | 1.18% |
| ICICI Prudential Life Insurance CompanyInsurance | 1.94% | 1.14% |
| Multi Commodity Exchange of IndiaCapital Markets | 1.26% | 1.07% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 1.01% | 2.34% |
| Colgate Palmolive (India)Personal Products | 1.58% | 0.97% |
| Jubilant FoodworksLeisure Services | 1.44% | 0.96% |
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.