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20 of 88 unique stocks in common · Jaccard: 22.7%
A weighted portfolio overlap of 31.56% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.56 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 7.78% in Lic Mf Large Cap Fund and 3.31% in Lic Mf Multi 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 Large | in Lic Mf Multi |
|---|---|---|
| HDFC BankBanks | 7.78% | 3.31% |
| ICICI BankBanks | 8.74% | 2.77% |
| Axis BankBanks | 3.61% | 2.44% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.61% | 1.81% |
| Grasim IndustriesCement & Cement Products | 2.02% | 1.65% |
| InterGlobe AviationTransport Services | 2.95% | 1.54% |
| InfosysIT - Software | 2.87% | 1.52% |
| Kotak Mahindra BankBanks | 1.52% | 2.28% |
| State Bank of IndiaBanks | 3.58% | 1.52% |
| Shriram FinanceFinance | 1.45% | 1.49% |
| Pidilite IndustriesChemicals & Petrochemicals | 1.44% | 1.49% |
| EternalRetailing | 1.98% | 1.43% |
| Larsen & ToubroConstruction | 5.74% | 1.41% |
| Tata Consultancy ServicesIT - Software | 1.30% | 1.46% |
| Mahindra & MahindraAutomobiles | 2.17% | 1.25% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.81% | 1.17% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.12% | 1.27% |
| Godfrey Phillips IndiaCigarettes & Tobacco Products | 1.35% | 1.04% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 1.54% |
| Allied Blenders And DistillersBeverages | 0.85% | 1.54% |
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.