Loading fund overlap…
20 of 126 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 27.14% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.14 is allocated to the exact same companies at the same relative proportions. The schemes share 20 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 3.31% in Lic Mf Multi Cap 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% | 3.31% |
| ICICI BankBanks | 6.37% | 2.77% |
| Axis BankBanks | 2.51% | 2.44% |
| InterGlobe AviationTransport Services | 1.95% | 1.54% |
| Maruti Suzuki IndiaAutomobiles | 6.74% | 1.54% |
| InfosysIT - Software | 2.82% | 1.52% |
| State Bank of IndiaBanks | 2.04% | 1.52% |
| EternalRetailing | 3.70% | 1.43% |
| Larsen & ToubroConstruction | 2.35% | 1.41% |
| TVS Motor CompanyAutomobiles | 9.25% | 1.38% |
| Samvardhana Motherson InternationalAuto Components | 2.40% | 1.31% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.51% | 1.27% |
| Lenskart SolutionsRetailing | 1.20% | 1.33% |
| Azad EngineeringElectrical Equipment | 1.96% | 1.17% |
| LG Electronics IndiaConsumer Durables | 0.75% | 1.35% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.73% | 1.81% |
| Kotak Mahindra BankBanks | 0.54% | 2.28% |
| Max Financial ServicesInsurance | 0.47% | 1.35% |
| Tata Consultancy ServicesIT - Software | 0.43% | 1.46% |
| Mahindra & MahindraAutomobiles | 0.40% | 1.25% |
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.