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11 of 96 unique stocks in common · Jaccard: 11.5%
A weighted portfolio overlap of 25.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.2 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.83% in HDFC Flexi Cap Fund and 8.00% in Lic Mf Unit Linked Insurance Scheme. 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 | 8.83% | 8.00% |
| HDFC BankBanks | 6.48% | 4.26% |
| Axis BankBanks | 6.84% | 2.57% |
| Bharti AirtelTelecom - Services | 2.96% | 2.14% |
| Maruti Suzuki IndiaAutomobiles | 2.91% | 1.49% |
| Reliance IndustriesPetroleum Products | 2.01% | 1.49% |
| Kotak Mahindra BankBanks | 3.43% | 1.37% |
| State Bank of IndiaBanks | 4.22% | 1.36% |
| InfosysIT - Software | 1.32% | 2.97% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.18% | 2.87% |
| Bharat ElectronicsAerospace & Defense | 0.02% | 2.96% |
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.