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15 of 87 unique stocks in common · Jaccard: 17.2%
A weighted portfolio overlap of 43.08% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.08 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.58% in SBI Retirement Benefit Fund - Aggressive Plan and 10.53% in UTI Nifty 50 ETF. 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 | 6.58% | 10.53% |
| ICICI BankBanks | 5.47% | 8.30% |
| Reliance IndustriesPetroleum Products | 5.42% | 8.25% |
| Larsen & ToubroConstruction | 4.28% | 4.42% |
| State Bank of IndiaBanks | 3.71% | 3.70% |
| Axis BankBanks | 2.85% | 3.41% |
| InfosysIT - Software | 2.76% | 3.76% |
| Kotak Mahindra BankBanks | 2.51% | 2.61% |
| Bajaj FinanceFinance | 2.16% | 2.25% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 1.59% |
| Hindalco IndustriesNon - Ferrous Metals | 2.52% | 1.51% |
| Ultratech CementCement & Cement Products | 2.77% | 1.26% |
| Asian PaintsConsumer Durables | 1.69% | 1.12% |
| Bajaj FinservFinance | 1.49% | 0.95% |
| InterGlobe AviationTransport Services | 1.00% | 0.92% |
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.