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9 of 141 unique stocks in common · Jaccard: 6.4%
A weighted portfolio overlap of 7.68% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.68 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Marico, which commands a weight of 1.31% in Lic Mf Nifty Midcap 100 ETF and 1.38% in Nippon India ETF Nifty Next 50 Junior Bees. Holding both schemes increases your concentration in Marico 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 Nippon |
|---|---|---|
| MaricoAgricultural Food & Other Products | 1.31% | 1.38% |
| ICICI Lombard General Insurance CompanyInsurance | 1.30% | 2.26% |
| SRFChemicals & Petrochemicals | 1.19% | 1.96% |
| Havells IndiaConsumer Durables | 0.86% | 2.15% |
| Colgate Palmolive (India)Personal Products | 0.82% | 1.94% |
| Dabur IndiaPersonal Products | 0.79% | 1.53% |
| SBI Cards and Payment ServicesFinance | 0.56% | 1.10% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 0.46% | 1.63% |
| Adani Total GasGas | 0.65% | 0.39% |
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.