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11 of 91 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 25.07% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.07 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.35% in Lic Mf Flexi Cap Fund and 6.47% in UTI ELSS Tax Saver 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 UTI |
|---|---|---|
| ICICI BankBanks | 6.35% | 6.47% |
| Axis BankBanks | 4.03% | 3.88% |
| Bharti AirtelTelecom - Services | 2.85% | 4.30% |
| Maruti Suzuki IndiaAutomobiles | 2.00% | 1.96% |
| The Phoenix MillsRealty | 2.31% | 1.86% |
| CoforgeIT - Software | 2.23% | 1.78% |
| Tata SteelFerrous Metals | 1.71% | 2.39% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.86% | 1.27% |
| Tata Consumer ProductsAgricultural Food & Other Products | 1.32% | 1.21% |
| Samvardhana Motherson InternationalAuto Components | 2.50% | 1.11% |
| Endurance TechnologiesAuto Components | 1.09% | 1.20% |
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.