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14 of 95 unique stocks in common · Jaccard: 14.7%
A weighted portfolio overlap of 21.12% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.12 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 5.11% in DSP Flexi Cap Fund and 3.36% in Lic Mf Large & Mid Cap Fund. Holding both schemes increases your concentration in Axis 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 DSP | in Lic |
|---|---|---|
| Axis BankBanks | 5.11% | 3.36% |
| Bharti AirtelTelecom - Services | 2.94% | 2.89% |
| Bajaj FinanceFinance | 2.61% | 2.97% |
| CG Power and Industrial SolutionsElectrical Equipment | 1.90% | 2.69% |
| UNO MindaAuto Components | 1.65% | 2.22% |
| Indus TowersTelecom - Services | 1.59% | 1.93% |
| Max Financial ServicesInsurance | 2.09% | 1.54% |
| Avenue SupermartsRetailing | 1.39% | 2.24% |
| Multi Commodity Exchange of IndiaCapital Markets | 0.99% | 2.27% |
| Cholamandalam Investment and Finance CompanyFinance | 3.07% | 0.95% |
| APL Apollo TubesIndustrial Products | 1.21% | 0.89% |
| Schaeffler IndiaAuto Components | 0.59% | 3.39% |
| JK CementCement & Cement Products | 0.55% | 0.99% |
| AU Small Finance BankBanks | 0.22% | 3.52% |
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.