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22 of 91 unique stocks in common · Jaccard: 24.2%
A weighted portfolio overlap of 31.07% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.07 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 3.60% in Lic Mf Children’S Fund and 4.51% in Lic Mf ELSS Tax Saver. Holding both schemes increases your concentration in Axis 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 Children’S | in Lic Mf ELSS |
|---|---|---|
| Axis BankBanks | 3.60% | 4.51% |
| HDFC BankBanks | 2.99% | 6.98% |
| Larsen & ToubroConstruction | 2.76% | 2.88% |
| State Bank of IndiaBanks | 2.40% | 3.16% |
| ICICI BankBanks | 2.32% | 7.77% |
| Mahindra & MahindraAutomobiles | 1.78% | 2.03% |
| Maruti Suzuki IndiaAutomobiles | 1.64% | 1.92% |
| Kirloskar Oil EnginesIndustrial Products | 1.29% | 2.34% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.64% | 1.27% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 1.23% | 1.89% |
| TVS Motor CompanyAutomobiles | 1.20% | 1.37% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.36% | 1.19% |
| Affle 3iIT - Services | 1.34% | 1.11% |
| Metro BrandsConsumer Durables | 1.01% | 1.10% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 2.14% | 0.88% |
| Kotak Mahindra BankBanks | 2.27% | 0.85% |
| RECFinance | 0.82% | 0.96% |
| Eureka ForbesConsumer Durables | 0.75% | 1.29% |
| Ultratech CementCement & Cement Products | 1.62% | 0.68% |
| Piramal PharmaPharmaceuticals & Biotechnology | 1.97% | 0.62% |
| EternalRetailing | 0.40% | 1.57% |
| Arvind FashionsRetailing | 2.13% | 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.