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9 of 220 unique stocks in common · Jaccard: 4.1%
A weighted portfolio overlap of 9.71% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.71 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 4.17% in UTI Focused 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 UTI Focused | in UTI Nifty500 |
|---|---|---|
| InfosysIT - Software | 4.17% | 7.13% |
| Tech MahindraIT - Software | 3.06% | 1.65% |
| Tata Consumer ProductsAgricultural Food & Other Products | 2.74% | 1.34% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 2.07% | 0.70% |
| Tube Investments of IndiaAuto Components | 3.38% | 0.59% |
| Havells IndiaConsumer Durables | 2.16% | 0.52% |
| AstralIndustrial Products | 1.83% | 0.34% |
| Ajanta PharmaPharmaceuticals & Biotechnology | 2.61% | 0.22% |
| Global HealthHealthcare Services | 1.63% | 0.18% |
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.