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29 of 60 unique stocks in common · Jaccard: 48.3%
A weighted portfolio overlap of 43.91% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.91 is allocated to the exact same companies at the same relative proportions. The schemes share 29 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.74% in Lic Mf Large Cap Fund and 3.40% in Lic Mf Multi Asset Allocation 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 Mf Large | in Lic Mf Multi |
|---|---|---|
| ICICI BankBanks | 8.74% | 3.40% |
| HDFC BankBanks | 7.78% | 3.04% |
| Larsen & ToubroConstruction | 5.74% | 2.61% |
| Bharti AirtelTelecom - Services | 4.52% | 2.49% |
| Tata Motors Passenger VehiclesAutomobiles | 2.82% | 2.36% |
| InterGlobe AviationTransport Services | 2.95% | 2.22% |
| Axis BankBanks | 3.61% | 2.11% |
| Mahindra & MahindraAutomobiles | 2.17% | 1.94% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.81% | 2.00% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.61% | 1.75% |
| Jindal StainlessFerrous Metals | 1.53% | 1.69% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.44% | 1.48% |
| Grasim IndustriesCement & Cement Products | 2.02% | 1.40% |
| ITCDiversified FMCG | 2.52% | 1.37% |
| Godfrey Phillips IndiaCigarettes & Tobacco Products | 1.35% | 1.97% |
| Ultratech CementCement & Cement Products | 1.73% | 1.32% |
| Tata SteelFerrous Metals | 1.25% | 1.35% |
| Nippon Life India Asset ManagementCapital Markets | 1.07% | 1.09% |
| Tata Consultancy ServicesIT - Software | 1.30% | 1.03% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 1.11% |
| InfosysIT - Software | 2.87% | 0.98% |
| MOILMinerals & Mining | 0.98% | 1.14% |
| Bharat ElectronicsAerospace & Defense | 1.40% | 0.90% |
| State Bank of IndiaBanks | 3.58% | 0.89% |
| Blue StarConsumer Durables | 0.88% | 0.99% |
| Allied Blenders And DistillersBeverages | 0.85% | 1.05% |
| Central Mine Planning & Design InstituteCommercial Services & Supplies | 0.76% | 1.05% |
| Hindustan UnileverDiversified FMCG | 2.80% | 0.69% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.12% | 0.47% |
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.