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19 of 88 unique stocks in common · Jaccard: 21.6%
A weighted portfolio overlap of 25.25% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.25 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 2.06% in Lic Mf Consumption 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 Consumption | in Lic Mf ELSS |
|---|---|---|
| Axis BankBanks | 2.06% | 4.51% |
| Mahindra & MahindraAutomobiles | 2.79% | 2.03% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 2.07% | 1.89% |
| Eicher MotorsAutomobiles | 1.80% | 2.48% |
| TrentRetailing | 1.74% | 1.89% |
| EternalRetailing | 1.58% | 1.57% |
| Abbott IndiaPharmaceuticals & Biotechnology | 1.79% | 1.42% |
| CCL Products (India)Agricultural Food & Other Products | 1.46% | 1.37% |
| TVS Motor CompanyAutomobiles | 2.37% | 1.37% |
| Hindustan UnileverDiversified FMCG | 1.88% | 1.36% |
| Eureka ForbesConsumer Durables | 2.73% | 1.29% |
| Blue StarConsumer Durables | 1.20% | 2.14% |
| ITCDiversified FMCG | 1.41% | 1.20% |
| Affle 3iIT - Services | 1.48% | 1.11% |
| Metro BrandsConsumer Durables | 1.87% | 1.10% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.93% | 1.04% |
| Mrs Bectors Food SpecialitiesFood Products | 1.74% | 0.74% |
| Ultratech CementCement & Cement Products | 1.77% | 0.68% |
| Arvind FashionsRetailing | 2.35% | 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.