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14 of 109 unique stocks in common · Jaccard: 12.8%
A weighted portfolio overlap of 22.77% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.77 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 6.84% in HDFC Flexi Cap Fund and 3.60% in Lic Mf Children’S 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 HDFC | in Lic |
|---|---|---|
| Axis BankBanks | 6.84% | 3.60% |
| HDFC BankBanks | 6.48% | 2.99% |
| Larsen & ToubroConstruction | 3.55% | 2.76% |
| State Bank of IndiaBanks | 4.22% | 2.40% |
| ICICI BankBanks | 8.83% | 2.32% |
| Kotak Mahindra BankBanks | 3.43% | 2.27% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 1.64% |
| Piramal PharmaPharmaceuticals & Biotechnology | 1.53% | 1.97% |
| InterGlobe AviationTransport Services | 2.79% | 1.16% |
| Tata SteelFerrous Metals | 1.30% | 0.85% |
| BSECapital Markets | 0.44% | 1.07% |
| EternalRetailing | 2.73% | 0.40% |
| TVS Motor CompanyAutomobiles | 0.29% | 1.20% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.12% | 2.14% |
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.