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8 of 87 unique stocks in common · Jaccard: 9.2%
A weighted portfolio overlap of 12.28% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.28 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 2.96% in HDFC Flexi Cap Fund and 8.65% in Lic Mf Technology 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 HDFC | in Lic |
|---|---|---|
| Bharti AirtelTelecom - Services | 2.96% | 8.65% |
| EternalRetailing | 2.73% | 4.11% |
| HCL TechnologiesIT - Software | 2.47% | 1.60% |
| InfosysIT - Software | 1.32% | 8.56% |
| Persistent SystemsIT - Software | 1.25% | 4.69% |
| PB FintechFinancial Technology (Fintech) | 1.18% | 1.79% |
| FSN E-Commerce VenturesRetailing | 0.80% | 1.92% |
| BSECapital Markets | 0.44% | 2.08% |
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.