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7 of 73 unique stocks in common · Jaccard: 9.6%
A weighted portfolio overlap of 16.89% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.89 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.70% in Lic Mf Focused Fund and 5.20% in Tata Large & Mid Cap Fund. Holding both schemes increases your concentration in State Bank of India 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 Tata |
|---|---|---|
| State Bank of IndiaBanks | 4.70% | 5.20% |
| ICICI BankBanks | 4.68% | 3.71% |
| Bharat ForgeAuto Components | 2.73% | 2.60% |
| Mahindra & Mahindra Financial ServicesFinance | 3.63% | 2.24% |
| Larsen & ToubroConstruction | 2.45% | 1.90% |
| Tata Motors Passenger VehiclesAutomobiles | 3.82% | 1.06% |
| InfosysIT - Software | 1.92% | 0.68% |
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.