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13 of 126 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 16.79% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.79 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 2.99% in Lic Mf Children’S Fund and 5.82% in SBI Contra 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 | in SBI |
|---|---|---|
| HDFC BankBanks | 2.99% | 5.82% |
| ICICI BankBanks | 2.32% | 3.58% |
| Kotak Mahindra BankBanks | 2.27% | 2.60% |
| State Bank of IndiaBanks | 2.40% | 1.43% |
| Axis BankBanks | 3.60% | 1.34% |
| Tech MahindraIT - Software | 1.13% | 1.66% |
| Maruti Suzuki IndiaAutomobiles | 1.64% | 1.09% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.39% | 1.00% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 1.19% | 0.87% |
| Larsen & ToubroConstruction | 2.76% | 0.87% |
| Tata SteelFerrous Metals | 0.85% | 2.29% |
| K.P.R. MillTextiles & Apparels | 1.04% | 0.39% |
| Wendt IndiaIndustrial Products | 0.87% | 0.24% |
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.