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10 of 116 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 11.92% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.92 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is AIA Engineering, which commands a weight of 2.50% in SBI Midcap Fund and 1.68% in UTI Multi Cap Fund. Holding both schemes increases your concentration in AIA Engineering 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 |
|---|---|---|
| AIA EngineeringIndustrial Products | 2.50% | 1.68% |
| HDB Financial ServicesFinance | 2.13% | 1.60% |
| CRISILFinance | 2.81% | 1.41% |
| Berger Paints (I)Consumer Durables | 2.01% | 1.38% |
| Jubilant FoodworksLeisure Services | 1.44% | 1.18% |
| CoforgeIT - Software | 1.19% | 1.09% |
| Motherson Sumi Wiring IndiaAuto Components | 1.66% | 1.09% |
| LupinPharmaceuticals & Biotechnology | 2.03% | 1.04% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 1.01% | 1.00% |
| Mahindra & Mahindra Financial ServicesFinance | 1.75% | 0.45% |
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.