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10 of 110 unique stocks in common · Jaccard: 9.1%
A weighted portfolio overlap of 19.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.5 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.19% in HDFC Flexi Cap Fund and 4.71% in Lic Mf Flexi Cap Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 9.19% | 4.71% |
| EternalRetailing | 3.39% | 3.18% |
| Larsen & ToubroConstruction | 3.16% | 3.02% |
| Interglobe AviationTransport Services | 2.98% | 3.03% |
| Eicher MotorsAutomobiles | 2.44% | 2.06% |
| Bharti AirtelTelecom - Services | 2.58% | 1.86% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.68% | 2.89% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.52% | 2.11% |
| Apar IndustriesElectrical Equipment | 0.26% | 1.97% |
| Ather EnergyAutomobiles | 0.23% | 2.24% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.