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7 of 81 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 4.82% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹4.82 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is Max Healthcare Institute, which commands a weight of 1.38% in HDFC Flexi Cap Fund and 1.82% in Lic Mf Healthcare Fund. Holding both schemes increases your concentration in Max Healthcare Institute 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 |
|---|---|---|
| Max Healthcare InstituteHealthcare Services | 1.38% | 1.82% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 7.56% |
| Aster DM HealthcareHealthcare Services | 0.64% | 3.07% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.58% | 6.63% |
| Anthem BiosciencesPharmaceuticals & Biotechnology | 0.57% | 2.16% |
| Metropolis HealthcareHealthcare Services | 0.35% | 2.95% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.12% | 5.49% |
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.