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23 of 90 unique stocks in common · Jaccard: 25.6%
A weighted portfolio overlap of 30.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.74 is allocated to the exact same companies at the same relative proportions. The schemes share 23 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 3.31% in Lic Mf Multi Cap Fund. 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 Multi |
|---|---|---|
| HDFC BankBanks | 4.51% | 3.31% |
| ICICI BankBanks | 4.24% | 2.77% |
| Axis BankBanks | 2.50% | 2.44% |
| Kotak Mahindra BankBanks | 1.56% | 2.28% |
| Avalon TechnologiesElectrical Equipment | 1.51% | 2.73% |
| Tata Consultancy ServicesIT - Software | 2.26% | 1.46% |
| Larsen & ToubroConstruction | 1.45% | 1.41% |
| TVS Motor CompanyAutomobiles | 1.33% | 1.38% |
| Arvind FashionsRetailing | 1.25% | 1.46% |
| Mahindra & MahindraAutomobiles | 1.94% | 1.25% |
| InfosysIT - Software | 1.24% | 1.52% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.03% | 1.17% |
| One 97 CommunicationsFinancial Technology (Fintech) | 1.14% | 1.48% |
| Grasim IndustriesCement & Cement Products | 1.11% | 1.65% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.03% | 1.14% |
| Azad EngineeringElectrical Equipment | 1.01% | 1.17% |
| SRFChemicals & Petrochemicals | 1.01% | 1.59% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.00% | 1.27% |
| Multi Commodity Exchange of IndiaCapital Markets | 0.92% | 1.39% |
| LG Electronics IndiaConsumer Durables | 0.87% | 1.35% |
| Shriram FinanceFinance | 0.82% | 1.49% |
| GE Vernova T&D IndiaElectrical Equipment | 0.64% | 1.89% |
| Manorama IndustriesFood Products | 0.49% | 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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.