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16 of 122 unique stocks in common · Jaccard: 13.1%
A weighted portfolio overlap of 23.2% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.2 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 5.38% in ICICI Prudential Large Cap Fund and 3.97% in Lic Mf Infrastructure Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 |
|---|---|---|
| Larsen & ToubroConstruction | 5.38% | 3.97% |
| Bharti AirtelTelecom - Services | 4.34% | 2.62% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 2.47% |
| NTPCPower | 2.38% | 2.49% |
| Mahindra & MahindraAutomobiles | 2.34% | 1.88% |
| InterGlobe AviationTransport Services | 1.83% | 1.99% |
| ICICI BankBanks | 8.72% | 1.79% |
| Ultratech CementCement & Cement Products | 2.69% | 1.75% |
| Hindustan AeronauticsAerospace & Defense | 1.11% | 1.25% |
| Cummins IndiaIndustrial Products | 0.91% | 1.96% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.68% | 3.51% |
| Tata Power CompanyPower | 0.60% | 3.30% |
| Tata SteelFerrous Metals | 0.43% | 1.89% |
| Tata Motors Passenger VehiclesAutomobiles | 0.36% | 3.52% |
| Grasim IndustriesCement & Cement Products | 0.35% | 2.12% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.08% | 1.89% |
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.