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17 of 101 unique stocks in common · Jaccard: 16.8%
A weighted portfolio overlap of 32.02% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.02 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.99% in UTI Large & Mid Cap 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 Large | in UTI Nifty |
|---|---|---|
| HDFC BankBanks | 4.99% | 10.53% |
| ICICI BankBanks | 3.01% | 8.30% |
| InfosysIT - Software | 2.82% | 3.76% |
| Bharti AirtelTelecom - Services | 2.73% | 5.19% |
| Larsen & ToubroConstruction | 2.69% | 4.42% |
| ITCDiversified FMCG | 2.67% | 2.56% |
| Reliance IndustriesPetroleum Products | 2.17% | 8.25% |
| State Bank of IndiaBanks | 1.42% | 3.70% |
| Maruti Suzuki IndiaAutomobiles | 1.26% | 1.59% |
| Mahindra & MahindraAutomobiles | 1.25% | 2.52% |
| Shriram FinanceFinance | 1.30% | 1.23% |
| Power Grid Corporation of IndiaPower | 2.56% | 1.22% |
| HCL TechnologiesIT - Software | 1.54% | 1.15% |
| Grasim IndustriesCement & Cement Products | 1.69% | 1.10% |
| Coal IndiaConsumable Fuels | 1.11% | 0.96% |
| InterGlobe AviationTransport Services | 1.17% | 0.92% |
| WiproIT - Software | 2.28% | 0.54% |
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.