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9 of 91 unique stocks in common · Jaccard: 9.9%
A weighted portfolio overlap of 13.49% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.49 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 State Bank of India, which commands a weight of 3.70% in UTI Nifty 50 ETF and 4.60% in UTI Nifty 500 Value 50 Index Fund. Holding both schemes increases your concentration in State Bank of India 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 Nifty 50 | in UTI Nifty 500 |
|---|---|---|
| State Bank of IndiaBanks | 3.70% | 4.60% |
| NTPCPower | 1.70% | 5.50% |
| Tata SteelFerrous Metals | 1.59% | 5.66% |
| Hindalco IndustriesNon - Ferrous Metals | 1.51% | 5.94% |
| Power Grid Corporation of IndiaPower | 1.22% | 5.04% |
| Grasim IndustriesCement & Cement Products | 1.10% | 5.10% |
| Coal IndiaConsumable Fuels | 0.96% | 5.24% |
| Oil & Natural Gas CorporationOil | 0.95% | 5.21% |
| Tata Motors Passenger VehiclesAutomobiles | 0.76% | 5.06% |
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.