Franklin India Dividend Yield Fund vs UTI Dividend Yield Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
37.6%
Moderate overlap
Some shared stocks, different bets.
21
Common stocks
20
Only in Franklin India Dividend Yield Fund
33
Only in UTI Dividend Yield Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
21 common stocks
Franklin India Dividend Yield FundUTI Dividend Yield Fund| Stock | Franklin India Dividend Yield Fund | UTI Dividend Yield Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 4.46% | 5.97% | 4.46% |
| HDFC Bank LtdFinancial Services | 4.45% | 7.71% | 4.45% |
| State Bank Of IndiaFinancial Services | 6.04% | 3.44% | 3.44% |
| Infosys LtdTechnology | 4.15% | 2.55% | 2.55% |
| Tata Consultancy Services LtdTechnology | 2.00% | 1.91% | 1.91% |
| NTPC LtdUtilities | 3.81% | 1.82% | 1.82% |
| Coal India LtdEnergy | 2.64% | 1.81% | 1.81% |
| Ajanta Pharma LtdHealthcare | 1.66% | 1.71% | 1.66% |
| ITC LtdConsumer Staples | 3.25% | 1.59% | 1.59% |
| Bharat Electronics LtdIndustrials | 2.64% | 1.59% | 1.59% |
| Tata Steel LtdMaterials | 1.90% | 1.56% | 1.56% |
| Oil And Natural Gas Corporation LtdEnergy | 2.35% | 1.54% | 1.54% |
| Hindustan Aeronautics LtdIndustrials | 1.90% | 1.40% | 1.40% |
| Akzo Nobel India LtdConsumer Discretionary | 1.60% | 1.26% | 1.26% |
| Mahanagar Gas LtdEnergy | 1.29% | 1.24% | 1.24% |
| Bharat Petroleum Corpn. LtdEnergy | 2.54% | 1.22% | 1.22% |
| Power Grid Corporation Of India LtdUtilities | 1.21% | 2.24% | 1.21% |
| Maruti Suzuki India LtdConsumer Discretionary | 1.19% | 2.23% | 1.19% |
| Hero Motocorp LtdConsumer Discretionary | 0.96% | 1.66% | 0.96% |
| Crompton Greaves Consumer Electricals LtdConsumer Discretionary | 0.72% | 1.44% | 0.72% |
| Procter & Gamble Hygiene & Health Care LtdConsumer Staples | 0.02% | 0.55% | 0.02% |
| Total | 50.78% | 46.44% | 37.60% |
Only in Franklin India Dividend Yield Fund
20 stocks, 32.8% of the fund
- Mediatek IncTechnology4.14%
- Shriram Finance LtdFinancial Services2.29%
- Unilever PLC, (ADR)Consumer Staples2.09%
- HDFC Asset Management Company LtdFinancial Services2.07%
- NHPC LtdUtilities2.02%
- HCL Technologies LtdTechnology2.01%
- Britannia Industries LtdConsumer Staples1.84%
- CESC LtdUtilities1.80%
- Hindustan Unilever LtdConsumer Staples1.73%
- Indus Towers LtdCommunication Services1.71%
Only in UTI Dividend Yield Fund
33 stocks, 45.7% of the fund
- Tech Mahindra LtdTechnology3.13%
- Mahindra & Mahindra LtdConsumer Discretionary3.00%
- Kotak Mahindra Bank LtdFinancial Services2.89%
- Bharti Airtel LtdCommunication Services2.88%
- Axis Bank LtdFinancial Services2.50%
- Torrent Pharmaceuticals LtdHealthcare2.01%
- Computer Age Management Services LtdFinancial Services1.81%
- Cipla LtdHealthcare1.72%
- Mphasis LtdTechnology1.67%
- Eicher Motors LtdConsumer Discretionary1.58%
Check another pair
More Dividend Yield pairs
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- ICICI Prudential Dividend Yield Fund vs HDFC Dividend Yield Fund
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What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.