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21 of 80 unique stocks in common · Jaccard: 26.3%
A weighted portfolio overlap of 45.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.26 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.05% in UTI - Dividend Yield Fund 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 UTI - | in UTI Nifty |
|---|---|---|
| HDFC BankBanks | 8.05% | 10.53% |
| ICICI BankBanks | 5.27% | 8.30% |
| State Bank of IndiaBanks | 3.26% | 3.70% |
| Bharti AirtelTelecom - Services | 2.97% | 5.19% |
| Kotak Mahindra BankBanks | 2.70% | 2.61% |
| Mahindra & MahindraAutomobiles | 2.84% | 2.52% |
| InfosysIT - Software | 2.28% | 3.76% |
| Tata Consultancy ServicesIT - Software | 1.83% | 2.13% |
| ITCDiversified FMCG | 1.78% | 2.56% |
| Axis BankBanks | 1.74% | 3.41% |
| NTPCPower | 1.88% | 1.70% |
| Maruti Suzuki IndiaAutomobiles | 2.20% | 1.59% |
| Tata SteelFerrous Metals | 1.80% | 1.59% |
| Bharat ElectronicsAerospace & Defense | 1.61% | 1.36% |
| Power Grid Corporation of IndiaPower | 2.48% | 1.22% |
| Bajaj AutoAutomobiles | 1.27% | 1.07% |
| Coal IndiaConsumable Fuels | 2.04% | 0.96% |
| Oil & Natural Gas CorporationOil | 1.74% | 0.95% |
| Eicher MotorsAutomobiles | 1.67% | 0.91% |
| Tech MahindraIT - Software | 3.05% | 0.87% |
| CiplaPharmaceuticals & Biotechnology | 1.81% | 0.73% |
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.