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15 of 73 unique stocks in common · Jaccard: 20.5%
A weighted portfolio overlap of 27.52% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.52 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 4.15% in SBI BSE Sensex ETF. 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 | in SBI |
|---|---|---|
| Axis BankBanks | 3.60% | 4.15% |
| HDFC BankBanks | 2.99% | 12.80% |
| Larsen & ToubroConstruction | 2.76% | 5.38% |
| State Bank of IndiaBanks | 2.40% | 4.52% |
| ICICI BankBanks | 2.32% | 10.14% |
| Kotak Mahindra BankBanks | 2.27% | 3.19% |
| Mahindra & MahindraAutomobiles | 1.78% | 3.07% |
| Maruti Suzuki IndiaAutomobiles | 1.64% | 1.95% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.64% | 2.19% |
| Ultratech CementCement & Cement Products | 1.62% | 1.52% |
| Titan CompanyConsumer Durables | 1.17% | 1.88% |
| InterGlobe AviationTransport Services | 1.16% | 1.11% |
| Tech MahindraIT - Software | 1.13% | 1.07% |
| Tata SteelFerrous Metals | 0.85% | 1.94% |
| EternalRetailing | 0.40% | 2.02% |
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.