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16 of 82 unique stocks in common · Jaccard: 19.5%
A weighted portfolio overlap of 42% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹42 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.72% in Lic Mf Large Cap Fund and 8.66% in SBI Large Cap 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 | 9.72% | 8.66% |
| HDFC BankBanks | 5.85% | 7.78% |
| Larsen & ToubroConstruction | 5.47% | 5.43% |
| State Bank of IndiaBanks | 4.03% | 3.67% |
| Axis BankBanks | 4.08% | 3.24% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.44% | 3.49% |
| Bharti AirtelTelecom - Services | 4.30% | 2.10% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.91% | 1.98% |
| EternalRetailing | 3.18% | 1.73% |
| Hindustan UnileverDiversified FMCG | 2.06% | 1.46% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 1.12% | 3.25% |
| Interglobe AviationTransport Services | 2.88% | 1.04% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.03% | 1.13% |
| Avenue SupermartsRetailing | 0.98% | 2.18% |
| Ultratech CementCement & Cement Products | 1.85% | 0.72% |
| Tata SteelFerrous Metals | 1.06% | 0.62% |
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.