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37 of 512 unique stocks in common · Jaccard: 7.2%
A weighted portfolio overlap of 19.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.7 is allocated to the exact same companies at the same relative proportions. The schemes share 37 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.03% in ICICI Prudential BSE 500 ETF and 2.17% in Lic Mf Value Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 6.03% | 2.17% |
| State Bank of IndiaBanks | 2.13% | 3.34% |
| Larsen & ToubroConstruction | 2.53% | 2.02% |
| ICICI BankBanks | 4.78% | 1.99% |
| InfosysIT - Software | 2.15% | 1.06% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.03% | 4.30% |
| Maruti Suzuki IndiaAutomobiles | 0.92% | 2.67% |
| Axis BankBanks | 1.96% | 0.87% |
| Reliance IndustriesPetroleum Products | 4.75% | 0.84% |
| Shriram FinanceFinance | 0.70% | 2.44% |
| Grasim IndustriesCement & Cement Products | 0.63% | 1.25% |
| Bajaj AutoAutomobiles | 0.59% | 2.05% |
| InterGlobe AviationTransport Services | 0.52% | 2.97% |
| Tech MahindraIT - Software | 0.50% | 2.09% |
| Tata Motors Passenger VehiclesAutomobiles | 0.44% | 3.69% |
| Hindustan AeronauticsAerospace & Defense | 0.43% | 1.13% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.42% | 3.93% |
| Tata Power CompanyPower | 0.37% | 3.01% |
| Bharat ForgeAuto Components | 0.28% | 1.25% |
| Bank of BarodaBanks | 0.27% | 1.28% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.24% | 0.68% |
| Siemens Energy IndiaElectrical Equipment | 0.18% | 2.70% |
| DelhiveryTransport Services | 0.13% | 1.34% |
| Mahindra & Mahindra Financial ServicesFinance | 0.11% | 1.52% |
| ThermaxElectrical Equipment | 0.10% | 1.50% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.09% | 1.12% |
| Schaeffler IndiaAuto Components | 0.09% | 3.23% |
| Gujarat GasGas | 0.08% | 1.34% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.08% | 1.15% |
| Ajanta PharmaPharmaceuticals & Biotechnology | 0.07% | 0.65% |
| Bharat DynamicsAerospace & Defense | 0.06% | 2.54% |
| K.P.R. MillTextiles & Apparels | 0.06% | 0.96% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.06% | 1.57% |
| Onesource Specialty PharmaPharmaceuticals & Biotechnology | 0.05% | 1.69% |
| L&T Technology ServicesIT - Services | 0.05% | 1.03% |
| Schneider Electric InfrastructureElectrical Equipment | 0.04% | 1.63% |
| Gabriel IndiaAuto Components | 0.04% | 1.45% |
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.