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50 of 100 unique stocks in common · Jaccard: 50%
A weighted portfolio overlap of 81.25% indicates a extreme overlap (near-identical portfolios). This means that out of every ₹100 you invest across these two schemes, approximately ₹81.25 is allocated to the exact same companies at the same relative proportions. The schemes share 50 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.01% in Lic Mf Nifty 100 ETF and 9.85% in SBI Nifty 50 ETF. 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 | in SBI |
|---|---|---|
| HDFC BankBanks | 8.01% | 9.85% |
| ICICI BankBanks | 7.68% | 9.45% |
| Reliance IndustriesPetroleum Products | 6.36% | 7.83% |
| Bharti AirtelTelecom - Services | 4.07% | 5.00% |
| Larsen & ToubroConstruction | 3.49% | 4.30% |
| State Bank of IndiaBanks | 3.23% | 3.98% |
| InfosysIT - Software | 2.94% | 3.61% |
| Axis BankBanks | 2.75% | 3.39% |
| Kotak Mahindra BankBanks | 2.27% | 2.80% |
| Mahindra & MahindraAutomobiles | 2.16% | 2.66% |
| Bajaj FinanceFinance | 2.09% | 2.57% |
| ITCDiversified FMCG | 1.81% | 2.23% |
| Tata Consultancy ServicesIT - Software | 1.81% | 2.22% |
| EternalRetailing | 1.74% | 2.15% |
| Titan CompanyConsumer Durables | 1.56% | 1.91% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.55% | 1.91% |
| Maruti Suzuki IndiaAutomobiles | 1.30% | 1.60% |
| Hindustan UnileverDiversified FMCG | 1.29% | 1.58% |
| NTPCPower | 1.15% | 1.41% |
| Shriram FinanceFinance | 1.14% | 1.41% |
| Tata SteelFerrous Metals | 1.13% | 1.38% |
| Bharat ElectronicsAerospace & Defense | 1.10% | 1.35% |
| Hindalco IndustriesNon - Ferrous Metals | 1.09% | 1.33% |
| HCL TechnologiesIT - Software | 1.02% | 1.26% |
| Bajaj AutoAutomobiles | 0.99% | 1.22% |
| Ultratech CementCement & Cement Products | 0.99% | 1.23% |
| Grasim IndustriesCement & Cement Products | 0.94% | 1.15% |
| JSW SteelFerrous Metals | 0.90% | 1.11% |
| Asian PaintsConsumer Durables | 0.89% | 1.09% |
| Interglobe AviationTransport Services | 0.88% | 1.07% |
| Power Grid Corporation of IndiaPower | 0.88% | 1.08% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.87% | 1.07% |
| Bajaj FinservFinance | 0.87% | 1.06% |
| Eicher MotorsAutomobiles | 0.81% | 0.99% |
| Nestle IndiaFood Products | 0.79% | 0.97% |
| Tech MahindraIT - Software | 0.76% | 0.94% |
| Coal IndiaConsumable Fuels | 0.71% | 0.87% |
| TrentRetailing | 0.70% | 0.87% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.67% | 0.83% |
| Oil & Natural Gas CorporationOil | 0.66% | 0.82% |
| Adani EnterprisesMetals & Minerals Trading | 0.61% | 0.75% |
| CiplaPharmaceuticals & Biotechnology | 0.58% | 0.72% |
| Jio Financial ServicesFinance | 0.58% | 0.72% |
| Max Healthcare InstituteHealthcare Services | 0.57% | 0.70% |
| SBI Life Insurance CompanyInsurance | 0.57% | 0.71% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 0.52% | 0.64% |
| Tata Consumer ProductsAgricultural Food & Other Products | 0.50% | 0.61% |
| Tata Motors Passenger VehiclesAutomobiles | 0.47% | 0.59% |
| HDFC Life Insurance CompanyInsurance | 0.43% | 0.53% |
| WiproIT - Software | 0.37% | 0.45% |
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.