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8 of 47 unique stocks in common · Jaccard: 17%
A weighted portfolio overlap of 33.9% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.9 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.94% in Tata Focused Fund and 8.17% in UTI Focused 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 Tata | in UTI |
|---|---|---|
| HDFC BankBanks | 6.94% | 8.17% |
| ICICI BankBanks | 6.63% | 8.75% |
| Reliance IndustriesPetroleum Products | 4.83% | 5.15% |
| Bharti AirtelTelecom - Services | 3.55% | 3.86% |
| Larsen & ToubroConstruction | 3.46% | 4.61% |
| InfosysIT - Software | 3.44% | 4.17% |
| Mahindra & MahindraAutomobiles | 3.55% | 2.89% |
| Havells IndiaConsumer Durables | 2.90% | 2.16% |
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.