UTI Multi Asset Allocation Fund - Direct Plan - Growth Option vs Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option — portfolio overlap

24.65% of these two portfolios is the same. A modest shared core. The two portfolios are largely distinct, so holding both does broaden your exposure.

Portfolio overlap

24.65%

Stocks held by both

37

Only in UTI Mutual Fund's fund

97

Only in Nippon India Mutual Fund's fund

131

Overlap is weighted: for every stock both funds hold, we take the smaller of the two weights and add them up. So two funds each holding 5% of the same stock overlap by 5 points, not 10. Cash and equivalents (repo, TREPS, receivables) are excluded — nearly every fund holds them, and shared cash is not shared conviction.

Stocks both funds hold— top 25 of 37, by shared weight

StockSectorIn UTI Mutual Fund'sIn Nippon India Mutual Fund'sShared
ICICI Bank LtdFinancial3.23%4.03%3.23%
HDFC Bank LtdFinancial2.89%2.77%2.77%
State Bank of IndiaFinancial1.63%1.85%1.63%
Infosys LtdTechnology1.63%1.53%1.53%
Kotak Mahindra Bank LtdFinancial2.84%1.23%1.23%
Axis Bank LtdFinancial0.88%1.41%0.88%
Titan Company LtdConsumer Discretionary1.44%0.87%0.87%
Hindustan Unilever LtdConsumer Staples0.74%1.03%0.74%
Reliance Industries LtdEnergy & Utilities0.73%1.67%0.73%
Bharti Airtel LtdTechnology1.45%0.73%0.73%
Sun Pharmaceutical Industries LtdHealthcare0.71%0.81%0.71%
Dixon Technologies (India) LtdConsumer Discretionary0.99%0.67%0.67%
Interglobe Aviation LtdIndustrials1.76%0.64%0.64%
Shriram Transport Finance Company LtdFinancial0.97%0.63%0.63%
EXPORT IMPORT BANK OF INDIA SR AA 03 7.12 BD 27JU30 FVRS1LACFinancial0.73%0.61%0.61%
ITC LtdConsumer Staples2.72%0.60%0.60%
GE T&D India LtdIndustrials0.82%0.54%0.54%
Vedanta Aluminium Metal LtdMaterials0.50%0.51%0.50%
Hyundai Motor India Ltd.Consumer Discretionary0.46%0.62%0.46%
MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LACFinancial0.37%1.01%0.37%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LACFinancial0.36%0.47%0.36%
REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LACFinancial0.34%0.36%0.34%
Vedanta LtdMaterials0.33%0.32%0.32%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.49 BD 11JU29 FVRS1LACFinancial0.37%0.32%0.32%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LACFinancial0.36%0.32%0.32%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 136 and 170 holdings respectively — not live positions.