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16 of 114 unique stocks in common · Jaccard: 14%
A weighted portfolio overlap of 17.12% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.12 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Acutaas Chemicals, which commands a weight of 4.84% in UTI Innovation Fund and 2.45% in UTI Small Cap Fund. Holding both schemes increases your concentration in Acutaas Chemicals 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 Innovation | in UTI Small |
|---|---|---|
| Acutaas ChemicalsPharmaceuticals & Biotechnology | 4.84% | 2.45% |
| MTAR TechnologiesElectrical Equipment | 6.06% | 1.86% |
| Affle 3iIT - Services | 5.53% | 1.74% |
| DelhiveryTransport Services | 4.14% | 1.54% |
| Suzlon EnergyElectrical Equipment | 3.36% | 1.29% |
| Gravita IndiaMinerals & Mining | 3.45% | 1.27% |
| Praj IndustriesIndustrial Manufacturing | 2.99% | 1.21% |
| KPIT TechnologiesIT - Software | 3.28% | 0.96% |
| Indiamart IntermeshRetailing | 3.34% | 0.95% |
| Newgen Software TechnologiesIT - Software | 2.42% | 0.83% |
| Info Edge (India)Retailing | 7.99% | 0.78% |
| Awfis Space SolutionsCommercial Services & Supplies | 2.29% | 0.73% |
| Clean Science and TechnologyChemicals & Petrochemicals | 2.98% | 0.57% |
| Fractal AnalyticsIT - Software | 1.25% | 0.47% |
| Yatra OnlineLeisure Services | 2.49% | 0.24% |
| Rategain Travel TechnologiesIT - Software | 4.76% | 0.23% |
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.