Loading fund overlap…
14 of 78 unique stocks in common · Jaccard: 17.9%
A weighted portfolio overlap of 18.75% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.75 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.18% in SBI Quality Fund and 8.30% in UTI Nifty 50 ETF. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 4.18% | 8.30% |
| InfosysIT - Software | 2.27% | 3.76% |
| State Bank of IndiaBanks | 1.98% | 3.70% |
| Bharat ElectronicsAerospace & Defense | 4.96% | 1.36% |
| HCL TechnologiesIT - Software | 1.50% | 1.15% |
| Hindalco IndustriesNon - Ferrous Metals | 1.15% | 1.51% |
| Bajaj AutoAutomobiles | 7.07% | 1.07% |
| Titan CompanyConsumer Durables | 0.99% | 1.55% |
| Coal IndiaConsumable Fuels | 1.57% | 0.96% |
| Nestle IndiaFood Products | 5.30% | 0.94% |
| Eicher MotorsAutomobiles | 0.97% | 0.91% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.01% | 0.78% |
| Asian PaintsConsumer Durables | 0.51% | 1.12% |
| EternalRetailing | 0.50% | 1.67% |
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.