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15 of 130 unique stocks in common · Jaccard: 11.5%
A weighted portfolio overlap of 16.62% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.62 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 3.60% in Franklin India Multi-Factor Fund and 3.26% in Lic Mf Consumption Fund. Holding both schemes increases your concentration in Bharti Airtel 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 Franklin | in Lic |
|---|---|---|
| Bharti AirtelTelecom - Services | 3.60% | 3.26% |
| Axis BankBanks | 1.90% | 2.06% |
| Titan CompanyConsumer Durables | 1.86% | 1.59% |
| Eicher MotorsAutomobiles | 1.53% | 1.80% |
| ITCDiversified FMCG | 2.07% | 1.41% |
| Tata Motors Passenger VehiclesAutomobiles | 1.30% | 2.25% |
| Britannia IndustriesFood Products | 1.19% | 1.37% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.01% | 2.12% |
| Mahindra & MahindraAutomobiles | 0.90% | 2.79% |
| Ultratech CementCement & Cement Products | 0.54% | 1.77% |
| Fortis HealthcareHealthcare Services | 0.49% | 1.00% |
| EternalRetailing | 0.47% | 1.58% |
| Hindustan UnileverDiversified FMCG | 0.38% | 1.88% |
| CCL Products (India)Agricultural Food & Other Products | 0.33% | 1.46% |
| Radico KhaitanBeverages | 0.31% | 2.55% |
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.