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8 of 103 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 14.04% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.04 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.84% in Lic Mf Dividend Yield Fund and 6.88% in SBI Dividend Yield Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 3.84% | 6.88% |
| Kotak Mahindra BankBanks | 2.62% | 2.16% |
| Interglobe AviationTransport Services | 2.11% | 2.57% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.94% | 1.52% |
| Mahindra & MahindraAutomobiles | 1.22% | 2.30% |
| Oil IndiaOil | 1.44% | 1.13% |
| Bharti AirtelTelecom - Services | 1.06% | 1.27% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.00% | 2.09% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.