Loading fund overlap…
8 of 117 unique stocks in common · Jaccard: 6.8%
A weighted portfolio overlap of 13.26% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.26 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Garware Hi-Tech Films, which commands a weight of 2.67% in Lic Mf Mid Cap Fund and 5.15% in Lic Mf Small Cap Fund. Holding both schemes increases your concentration in Garware Hi-Tech Films 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 Mid | in Lic Mf Small |
|---|---|---|
| Garware Hi-Tech FilmsIndustrial Products | 2.67% | 5.15% |
| Allied Blenders And DistillersBeverages | 1.77% | 2.62% |
| Manorama IndustriesFood Products | 1.62% | 2.92% |
| Multi Commodity Exchange of IndiaCapital Markets | 1.57% | 1.65% |
| Arvind FashionsRetailing | 1.44% | 2.40% |
| Cholamandalam Financial HoldingsFinance | 1.44% | 1.79% |
| One 97 CommunicationsFinancial Technology (Fintech) | 1.69% | 1.40% |
| Shakti Pumps (India)Industrial Products | 2.12% | 1.35% |
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.