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11 of 155 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 9.96% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.96 is allocated to the exact same companies at the same relative proportions. The schemes share 11 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 5.56% in Lic Mf Balanced Advantage 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% | 5.56% |
| Interglobe AviationTransport Services | 1.88% | 1.63% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.06% | 2.76% |
| Larsen & ToubroConstruction | 0.85% | 2.49% |
| Tata Consultancy ServicesIT - Software | 0.75% | 2.21% |
| Info Edge (India)Retailing | 0.67% | 2.18% |
| Mahindra & MahindraAutomobiles | 0.43% | 1.48% |
| Hindalco IndustriesNon - Ferrous Metals | 0.31% | 1.21% |
| Eicher MotorsAutomobiles | 0.30% | 0.90% |
| JSW SteelFerrous Metals | 0.11% | 0.94% |
| Ultratech CementCement & Cement Products | 0.10% | 1.56% |
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.