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12 of 102 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 27.15% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.15 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.44% in HDFC Value Fund and 6.35% 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 | 6.44% | 6.35% |
| Axis BankBanks | 4.27% | 4.03% |
| Larsen & ToubroConstruction | 2.93% | 3.43% |
| Bharti AirtelTelecom - Services | 3.25% | 2.85% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.21% | 2.86% |
| The Phoenix MillsRealty | 1.62% | 2.31% |
| AU Small Finance BankBanks | 2.48% | 1.44% |
| Maruti Suzuki IndiaAutomobiles | 1.29% | 2.00% |
| Max Financial ServicesInsurance | 1.28% | 2.21% |
| Multi Commodity Exchange of IndiaCapital Markets | 1.25% | 2.13% |
| Apar IndustriesElectrical Equipment | 1.18% | 1.65% |
| InterGlobe AviationTransport Services | 0.72% | 2.87% |
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.