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17 of 74 unique stocks in common · Jaccard: 23%
A weighted portfolio overlap of 42.23% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹42.23 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 12.22% in ICICI Prudential Technology Fund and 8.65% in Lic Mf Technology 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 | 12.22% | 8.65% |
| InfosysIT - Software | 13.37% | 8.56% |
| Tech MahindraIT - Software | 8.48% | 5.21% |
| MphasisIT - Software | 4.33% | 3.17% |
| CoforgeIT - Software | 3.91% | 2.19% |
| Persistent SystemsIT - Software | 2.01% | 4.69% |
| Bharti HexacomTelecom - Services | 1.98% | 2.24% |
| EternalRetailing | 1.95% | 4.11% |
| Tata Consultancy ServicesIT - Software | 1.89% | 4.06% |
| HCL TechnologiesIT - Software | 1.89% | 1.60% |
| KPIT TechnologiesIT - Software | 1.26% | 2.40% |
| L&T Technology ServicesIT - Services | 1.07% | 1.37% |
| Rategain Travel TechnologiesIT - Software | 0.85% | 2.28% |
| PB FintechFinancial Technology (Fintech) | 0.69% | 1.79% |
| Multi Commodity Exchange of IndiaCapital Markets | 0.63% | 2.18% |
| Affle 3iIT - Services | 0.30% | 1.90% |
| BSECapital Markets | 0.23% | 2.08% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.