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10 of 60 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 44.41% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹44.41 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 12.95% in ICICI Prudential Banking & Financial Services Fund and 12.94% in Lic Mf Banking And Financial Services 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 ICICI | in Lic |
|---|---|---|
| ICICI BankBanks | 12.95% | 12.94% |
| HDFC BankBanks | 13.32% | 10.60% |
| Axis BankBanks | 8.76% | 10.25% |
| Kotak Mahindra BankBanks | 7.22% | 5.78% |
| SBI Life Insurance CompanyInsurance | 3.78% | 2.04% |
| Max Financial ServicesInsurance | 1.32% | 2.10% |
| Bajaj FinanceFinance | 1.29% | 4.37% |
| Aadhar Housing FinanceFinance | 0.93% | 2.21% |
| 360 One WamCapital Markets | 0.50% | 1.78% |
| MAS Financial ServicesFinance | 0.26% | 2.40% |
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.