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14 of 91 unique stocks in common · Jaccard: 15.4%
A weighted portfolio overlap of 25.59% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.59 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 Reliance Industries, which commands a weight of 4.82% in Tata Business Cycle Fund and 8.25% in UTI Nifty 50 ETF. Holding both schemes increases your concentration in Reliance Industries 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 Tata | in UTI |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.82% | 8.25% |
| Axis BankBanks | 3.74% | 3.41% |
| Larsen & ToubroConstruction | 3.09% | 4.42% |
| HDFC BankBanks | 3.07% | 10.53% |
| Kotak Mahindra BankBanks | 1.96% | 2.61% |
| Tata SteelFerrous Metals | 2.07% | 1.59% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.67% | 1.23% |
| Shriram FinanceFinance | 2.05% | 1.23% |
| Hindustan UnileverDiversified FMCG | 1.01% | 1.77% |
| Bajaj FinservFinance | 1.40% | 0.95% |
| Oil & Natural Gas CorporationOil | 0.99% | 0.95% |
| ITCDiversified FMCG | 0.91% | 2.56% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.44% | 0.78% |
| HDFC Life Insurance CompanyInsurance | 1.43% | 0.59% |
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.