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25 of 77 unique stocks in common · Jaccard: 32.5%
A weighted portfolio overlap of 35.83% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.83 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 4.51% in Lic Mf Aggressive Hybrid Fund and 6.98% in Lic Mf ELSS Tax Saver. Holding both schemes increases your concentration in HDFC 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 Lic Mf Aggressive | in Lic Mf ELSS |
|---|---|---|
| HDFC BankBanks | 4.51% | 6.98% |
| ICICI BankBanks | 4.24% | 7.77% |
| Axis BankBanks | 2.50% | 4.51% |
| Mahindra & MahindraAutomobiles | 1.94% | 2.03% |
| Reliance IndustriesPetroleum Products | 1.93% | 2.09% |
| Larsen & ToubroConstruction | 1.45% | 2.88% |
| Tata Consultancy ServicesIT - Software | 2.26% | 1.37% |
| Hindustan UnileverDiversified FMCG | 1.39% | 1.36% |
| TVS Motor CompanyAutomobiles | 1.33% | 1.37% |
| Eureka ForbesConsumer Durables | 1.33% | 1.29% |
| InfosysIT - Software | 1.24% | 1.76% |
| Power Finance CorporationFinance | 1.23% | 1.19% |
| Grasim IndustriesCement & Cement Products | 1.11% | 2.57% |
| Varun BeveragesBeverages | 1.11% | 1.16% |
| Indus TowersTelecom - Services | 1.05% | 1.05% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.03% | 1.04% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.03% | 1.89% |
| Schaeffler IndiaAuto Components | 1.02% | 1.13% |
| SRFChemicals & Petrochemicals | 1.01% | 1.99% |
| TrentRetailing | 0.94% | 1.89% |
| Kotak Mahindra BankBanks | 1.56% | 0.85% |
| Mrs Bectors Food SpecialitiesFood Products | 1.36% | 0.74% |
| Ultratech CementCement & Cement Products | 1.10% | 0.68% |
| Piramal PharmaPharmaceuticals & Biotechnology | 1.55% | 0.62% |
| Arvind FashionsRetailing | 1.25% | 0.28% |
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.