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9 of 73 unique stocks in common · Jaccard: 12.3%
A weighted portfolio overlap of 21.27% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.27 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.89% in ICICI Prudential ESG Exclusionary Strategy Fund and 4.68% in Lic Mf Focused 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 | 6.89% | 4.68% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 7.36% | 3.81% |
| Axis BankBanks | 4.87% | 2.89% |
| Maruti Suzuki IndiaAutomobiles | 4.03% | 2.83% |
| InfosysIT - Software | 2.71% | 1.92% |
| InterGlobe AviationTransport Services | 1.56% | 4.80% |
| State Bank of IndiaBanks | 1.52% | 4.70% |
| Divgi Torqtransfer SystemsAuto Components | 1.37% | 3.11% |
| Schaeffler IndiaAuto Components | 0.69% | 4.94% |
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.