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13 of 76 unique stocks in common · Jaccard: 17.1%
A weighted portfolio overlap of 23.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.29 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.19% in SBI Nifty 50 ETF and 6.51% in UTI - India Consumer Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.19% | 6.51% |
| ITCDiversified FMCG | 2.56% | 3.17% |
| Mahindra & MahindraAutomobiles | 2.52% | 9.11% |
| Hindustan UnileverDiversified FMCG | 1.77% | 2.50% |
| EternalRetailing | 1.67% | 8.66% |
| HDFC BankBanks | 10.53% | 1.62% |
| Maruti Suzuki IndiaAutomobiles | 1.59% | 6.07% |
| Titan CompanyConsumer Durables | 1.55% | 6.77% |
| Bajaj FinanceFinance | 2.25% | 1.39% |
| Nestle IndiaFood Products | 0.94% | 2.29% |
| Eicher MotorsAutomobiles | 0.91% | 4.50% |
| TrentRetailing | 0.87% | 4.33% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.71% | 2.75% |
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.