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17 of 121 unique stocks in common · Jaccard: 14%
A weighted portfolio overlap of 23.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.71 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 4.88% in ICICI Prudential India Opportunities Fund and 3.60% in Lic Mf Children’S Fund. Holding both schemes increases your concentration in Axis 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 |
|---|---|---|
| Axis BankBanks | 4.88% | 3.60% |
| HDFC BankBanks | 6.73% | 2.99% |
| Larsen & ToubroConstruction | 3.24% | 2.76% |
| ICICI BankBanks | 5.33% | 2.32% |
| Mahindra & MahindraAutomobiles | 2.43% | 1.78% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.68% | 1.64% |
| State Bank of IndiaBanks | 1.63% | 2.40% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 2.19% | 1.39% |
| InterGlobe AviationTransport Services | 1.57% | 1.16% |
| KPIT TechnologiesIT - Software | 1.08% | 1.40% |
| Titan CompanyConsumer Durables | 0.87% | 1.17% |
| Affle 3iIT - Services | 0.77% | 1.34% |
| Ultratech CementCement & Cement Products | 0.56% | 1.62% |
| EternalRetailing | 0.50% | 0.40% |
| MphasisIT - Software | 0.35% | 1.35% |
| Maruti Suzuki IndiaAutomobiles | 0.32% | 1.64% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.09% | 1.19% |
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.