Loading fund overlap…
7 of 75 unique stocks in common · Jaccard: 9.3%
A weighted portfolio overlap of 16.04% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.04 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 8.00% in Lic Mf Unit Linked Insurance Scheme and 8.13% in Tata Value 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 Tata |
|---|---|---|
| ICICI BankBanks | 8.00% | 8.13% |
| HDFC BankBanks | 4.26% | 2.46% |
| InfosysIT - Software | 2.97% | 1.39% |
| Kotak Mahindra BankBanks | 1.37% | 5.18% |
| The Federal BankBanks | 1.13% | 1.50% |
| Tata Consultancy ServicesIT - Software | 1.72% | 1.04% |
| Bikaji Foods InternationalFood Products | 0.82% | 0.65% |
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.