Loading fund overlap…
16 of 150 unique stocks in common · Jaccard: 10.7%
A weighted portfolio overlap of 15.03% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.03 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 ICICI Bank, which commands a weight of 3.76% in ICICI Prudential Multi Asset Allocation Fund and 3.78% in Lic Mf Multi Asset Allocation 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% | 3.78% |
| Axis BankBanks | 2.38% | 2.50% |
| Interglobe AviationTransport Services | 1.88% | 2.53% |
| Bharti AirtelTelecom - Services | 1.11% | 2.09% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.06% | 1.85% |
| State Bank of IndiaBanks | 0.94% | 1.93% |
| Larsen & ToubroConstruction | 0.85% | 2.48% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.75% | 1.00% |
| Tata SteelFerrous Metals | 0.67% | 1.15% |
| Mahindra & MahindraAutomobiles | 0.43% | 1.08% |
| Bharat ElectronicsAerospace & Defense | 0.31% | 0.88% |
| Britannia IndustriesFood Products | 0.29% | 1.59% |
| TrentRetailing | 0.23% | 1.14% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.15% | 0.61% |
| Nuvoco Vistas CorporationCement & Cement Products | 0.11% | 1.05% |
| Ultratech CementCement & Cement Products | 0.10% | 1.27% |
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.