Loading fund overlap…
24 of 153 unique stocks in common · Jaccard: 15.7%
A weighted portfolio overlap of 14.82% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.82 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is Kotak Mahindra Bank, which commands a weight of 1.30% in ICICI Prudential Multi Asset Allocation Fund and 1.30% in Lic Mf Equity Savings Fund. Holding both schemes increases your concentration in Kotak Mahindra 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 |
|---|---|---|
| Kotak Mahindra BankBanks | 1.30% | 1.30% |
| HDFC BankBanks | 5.59% | 1.19% |
| Bharti AirtelTelecom - Services | 1.11% | 1.26% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.06% | 1.07% |
| ICICI BankBanks | 3.76% | 1.05% |
| InfosysIT - Software | 1.72% | 1.05% |
| Maruti Suzuki IndiaAutomobiles | 1.49% | 1.05% |
| State Bank of IndiaBanks | 0.94% | 2.46% |
| Tata Consultancy ServicesIT - Software | 0.75% | 1.67% |
| Larsen & ToubroConstruction | 0.85% | 0.73% |
| Tata SteelFerrous Metals | 0.67% | 1.18% |
| HDFC Life Insurance CompanyInsurance | 0.57% | 0.77% |
| Bajaj AutoAutomobiles | 0.56% | 1.49% |
| Jubilant FoodworksLeisure Services | 0.42% | 0.80% |
| Asian PaintsConsumer Durables | 0.35% | 1.20% |
| Bharat ElectronicsAerospace & Defense | 0.31% | 0.72% |
| Hindalco IndustriesNon - Ferrous Metals | 0.31% | 1.47% |
| Eicher MotorsAutomobiles | 0.30% | 1.03% |
| FSN E-Commerce VenturesRetailing | 0.27% | 1.38% |
| TrentRetailing | 0.23% | 1.67% |
| Sona Blw Precision ForgingsAuto Components | 0.21% | 1.05% |
| Titan CompanyConsumer Durables | 0.15% | 1.32% |
| Hero MotoCorpAutomobiles | 0.12% | 1.26% |
| Ultratech CementCement & Cement Products | 0.10% | 1.48% |
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.