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8 of 153 unique stocks in common · Jaccard: 5.2%
A weighted portfolio overlap of 6.41% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.41 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.76% in ICICI Prudential Multi Asset Allocation Fund and 4.47% in Lic Mf Aggressive Hybrid 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 | 3.76% | 4.47% |
| Larsen & ToubroConstruction | 0.85% | 1.53% |
| Info Edge (India)Retailing | 0.67% | 2.87% |
| Mahindra & MahindraAutomobiles | 0.43% | 1.91% |
| Bharat ElectronicsAerospace & Defense | 0.31% | 1.20% |
| TrentRetailing | 0.23% | 1.31% |
| Ultratech CementCement & Cement Products | 0.10% | 1.37% |
| TVS Motor CompanyAutomobiles | 0.06% | 1.85% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.