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15 of 245 unique stocks in common · Jaccard: 6.1%
A weighted portfolio overlap of 14.27% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.27 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 Infosys, which commands a weight of 2.10% in Tata ELSS Fund and 7.13% in UTI Nifty500 Shariah Index Fund. Holding both schemes increases your concentration in Infosys 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 |
|---|---|---|
| InfosysIT - Software | 2.10% | 7.13% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.89% | 3.34% |
| Hindalco IndustriesNon - Ferrous Metals | 1.85% | 2.86% |
| Ultratech CementCement & Cement Products | 1.78% | 2.38% |
| Cummins IndiaIndustrial Products | 3.00% | 1.39% |
| Samvardhana Motherson InternationalAuto Components | 3.18% | 1.13% |
| GE Vernova T&D IndiaElectrical Equipment | 1.24% | 1.12% |
| HCL TechnologiesIT - Software | 1.11% | 2.19% |
| KEI IndustriesIndustrial Products | 1.69% | 0.57% |
| Havells IndiaConsumer Durables | 0.47% | 0.52% |
| Amber Enterprises IndiaConsumer Durables | 1.06% | 0.29% |
| Bharat Petroleum CorporationPetroleum Products | 0.26% | 1.06% |
| Anant RajRealty | 1.15% | 0.14% |
| Gravita IndiaMinerals & Mining | 1.40% | 0.09% |
| Tenneco Clean Air IndiaAuto Components | 0.35% | 0.08% |
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.