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30 of 50 unique stocks in common · Jaccard: 60%
A weighted portfolio overlap of 82.85% indicates a extreme overlap (near-identical portfolios). This means that out of every ₹100 you invest across these two schemes, approximately ₹82.85 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 11.88% in Lic Mf BSE Sensex ETF and 9.85% in SBI Nifty 50 ETF. 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 | in SBI |
|---|---|---|
| HDFC BankBanks | 11.88% | 9.85% |
| ICICI BankBanks | 11.44% | 9.45% |
| Reliance IndustriesPetroleum Products | 9.57% | 7.83% |
| Bharti AirtelTelecom - Services | 6.12% | 5.00% |
| Larsen & ToubroConstruction | 5.18% | 4.30% |
| State Bank of IndiaBanks | 4.83% | 3.98% |
| InfosysIT - Software | 4.29% | 3.61% |
| Axis BankBanks | 4.00% | 3.39% |
| Kotak Mahindra BankBanks | 3.37% | 2.80% |
| Mahindra & MahindraAutomobiles | 3.28% | 2.66% |
| Bajaj FinanceFinance | 3.11% | 2.57% |
| ITCDiversified FMCG | 2.69% | 2.23% |
| Tata Consultancy ServicesIT - Software | 2.63% | 2.22% |
| EternalRetailing | 2.56% | 2.15% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.31% | 1.91% |
| Titan CompanyConsumer Durables | 2.28% | 1.91% |
| Maruti Suzuki IndiaAutomobiles | 1.90% | 1.60% |
| Hindustan UnileverDiversified FMCG | 1.95% | 1.58% |
| NTPCPower | 1.70% | 1.41% |
| Tata SteelFerrous Metals | 1.66% | 1.38% |
| Bharat ElectronicsAerospace & Defense | 1.62% | 1.35% |
| HCL TechnologiesIT - Software | 1.52% | 1.26% |
| Ultratech CementCement & Cement Products | 1.48% | 1.23% |
| Asian PaintsConsumer Durables | 1.28% | 1.09% |
| Power Grid Corporation of IndiaPower | 1.32% | 1.08% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.32% | 1.07% |
| Interglobe AviationTransport Services | 1.27% | 1.07% |
| Bajaj FinservFinance | 1.23% | 1.06% |
| Tech MahindraIT - Software | 1.14% | 0.94% |
| TrentRetailing | 1.04% | 0.87% |
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.