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18 of 121 unique stocks in common · Jaccard: 14.9%
A weighted portfolio overlap of 24.46% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.46 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 3.72% in ICICI Prudential Flexicap Fund and 5.32% in Lic Mf Dividend Yield 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 | 3.72% | 5.32% |
| ICICI BankBanks | 6.37% | 3.67% |
| Axis BankBanks | 2.51% | 2.88% |
| InterGlobe AviationTransport Services | 1.95% | 1.96% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 2.00% | 1.93% |
| Samvardhana Motherson InternationalAuto Components | 2.40% | 1.52% |
| Azad EngineeringElectrical Equipment | 1.96% | 1.29% |
| Maruti Suzuki IndiaAutomobiles | 6.74% | 1.21% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.51% | 1.20% |
| Bharti AirtelTelecom - Services | 1.35% | 1.18% |
| LG Electronics IndiaConsumer Durables | 0.75% | 1.71% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.73% | 1.00% |
| Radico KhaitanBeverages | 0.67% | 1.72% |
| Kotak Mahindra BankBanks | 0.54% | 2.20% |
| Tata Consultancy ServicesIT - Software | 0.43% | 2.72% |
| Mahindra & MahindraAutomobiles | 0.40% | 1.25% |
| Ratnamani Metals & TubesIndustrial Products | 0.40% | 0.76% |
| MphasisIT - Software | 0.36% | 0.87% |
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.