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19 of 291 unique stocks in common · Jaccard: 6.5%
A weighted portfolio overlap of 8.6% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.6 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is Multi Commodity Exchange Of India, which commands a weight of 1.58% in Lic Mf Small Cap Fund and 1.15% in Nippon India Small Cap Fund. Holding both schemes increases your concentration in Multi Commodity Exchange Of India 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 |
|---|---|---|
| Multi Commodity Exchange Of IndiaCapital Markets | 1.58% | 1.15% |
| Avalon TechnologiesElectrical Equipment | 4.14% | 1.12% |
| Kirloskar Oil EnginesIndustrial Products | 1.99% | 0.86% |
| PfizerPharmaceuticals & Biotechnology | 1.11% | 0.68% |
| Lumax Auto TechnologiesAuto Components | 2.14% | 0.62% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 3.06% | 0.60% |
| DelhiveryTransport Services | 1.04% | 0.58% |
| Aditya Birla Sun Life AMCCapital Markets | 1.56% | 0.54% |
| Affle 3iIT - Services | 1.18% | 0.50% |
| City Union BankBanks | 1.88% | 0.38% |
| Allied Blenders And DistillersBeverages | 2.52% | 0.31% |
| Leela Palaces Hotels & ResortsLeisure Services | 1.03% | 0.25% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.33% | 0.21% |
| Aavas FinanciersFinance | 1.62% | 0.19% |
| Brigade EnterprisesRealty | 2.46% | 0.19% |
| Piramal PharmaPharmaceuticals & Biotechnology | 1.56% | 0.13% |
| Campus ActivewearConsumer Durables | 0.97% | 0.11% |
| ArvindTextiles & Apparels | 1.91% | 0.10% |
| Vinati OrganicsChemicals & Petrochemicals | 1.18% | 0.08% |
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.