Loading fund overlap…
6 of 112 unique stocks in common · Jaccard: 5.4%
A weighted portfolio overlap of 8.12% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.12 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 11.44% in ICICI Prudential Technology Fund and 3.28% in Lic Mf Consumption Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 11.44% | 3.28% |
| EternalRetailing | 2.35% | 3.03% |
| SwiggyRetailing | 1.87% | 1.56% |
| DelhiveryTransport Services | 0.58% | 0.74% |
| Affle 3iIT - Services | 0.32% | 1.92% |
| Shadowfax TechnologiesTransport Services | 0.04% | 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.