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20 of 81 unique stocks in common · Jaccard: 24.7%
A weighted portfolio overlap of 35.72% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.72 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.32% in Lic Mf Dividend Yield Fund and 7.78% in Lic Mf Large Cap 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 Mf Dividend | in Lic Mf Large |
|---|---|---|
| HDFC BankBanks | 5.32% | 7.78% |
| ICICI BankBanks | 3.67% | 8.74% |
| Axis BankBanks | 2.88% | 3.61% |
| InterGlobe AviationTransport Services | 1.96% | 2.95% |
| Grasim IndustriesCement & Cement Products | 1.85% | 2.02% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.15% | 1.81% |
| Tata Motors Passenger VehiclesAutomobiles | 1.76% | 2.82% |
| Hindustan UnileverDiversified FMCG | 1.59% | 2.80% |
| Kotak Mahindra BankBanks | 2.20% | 1.52% |
| Shriram FinanceFinance | 1.84% | 1.45% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.89% | 1.44% |
| Bharat ElectronicsAerospace & Defense | 2.48% | 1.40% |
| Godfrey Phillips IndiaCigarettes & Tobacco Products | 1.40% | 1.35% |
| Tata Consultancy ServicesIT - Software | 2.72% | 1.30% |
| Mahindra & MahindraAutomobiles | 1.25% | 2.17% |
| Bharti AirtelTelecom - Services | 1.18% | 4.52% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.20% | 1.12% |
| Maruti Suzuki IndiaAutomobiles | 1.21% | 1.02% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.00% | 2.61% |
| Allied Blenders And DistillersBeverages | 2.25% | 0.85% |
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.