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10 of 102 unique stocks in common · Jaccard: 9.8%
A weighted portfolio overlap of 12.72% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.72 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 HDFC Bank, which commands a weight of 5.50% in SBI Retirement Benefit Fund - Aggressive Hybrid Plan and 2.88% in UTI Retirement 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 | 5.50% | 2.88% |
| ICICI BankBanks | 4.42% | 2.43% |
| InfosysIT - Software | 2.35% | 1.91% |
| Larsen & ToubroConstruction | 3.51% | 1.53% |
| Reliance IndustriesPetroleum Products | 4.36% | 1.42% |
| State Bank of IndiaBanks | 2.93% | 0.75% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 0.65% |
| InterGlobe AviationTransport Services | 0.81% | 0.47% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.78% | 0.37% |
| BioconPharmaceuticals & Biotechnology | 0.94% | 0.31% |
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.