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Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth Option vs Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option — portfolio overlap

25.63% of these two portfolios is the same. A substantial shared core, which is normal for two funds in the same category — they are drawing from the same universe. The part that differs is what you are actually paying the second manager for.

Portfolio overlap

25.63%

Stocks held by both

31

Only in Aditya Birla Sun Life Mutual Fund's fund

109

Only in Baroda BNP Paribas Mutual Fund's fund

78

Overlap is weighted: for every stock both funds hold, we take the smaller of the two weights and add them up. So two funds each holding 5% of the same stock overlap by 5 points, not 10. Cash and equivalents (repo, TREPS, receivables) are excluded — nearly every fund holds them, and shared cash is not shared conviction.

Stocks both funds hold— top 25 of 31, by shared weight

StockSectorIn Aditya Birla Sun Life Mutual Fund'sIn Baroda BNP Paribas Mutual Fund'sShared
HDFC Bank LtdFinancial2.60%2.92%2.60%
Reliance Industries LtdEnergy & Utilities2.09%2.90%2.09%
ICICI Bank LtdFinancial4.08%1.96%1.96%
State Bank of IndiaFinancial2.08%1.61%1.61%
Kotak Mahindra Bank LtdFinancial2.89%1.58%1.58%
The Federal Bank LtdFinancial1.38%1.80%1.38%
Infosys LtdTechnology1.65%1.34%1.34%
Axis Bank LtdFinancial1.73%1.28%1.28%
Samvardhana Motherson International LtdConsumer Discretionary1.25%1.73%1.25%
India Grid Trust EQIndustrials2.20%1.12%1.12%
Tech Mahindra LtdTechnology1.68%1.10%1.10%
Ajanta Pharma LtdHealthcare1.09%1.09%1.09%
Bharti Airtel LtdTechnology1.07%2.29%1.07%
Persistent Systems LtdTechnology1.01%1.04%1.01%
Larsen & Toubro LtdIndustrials1.01%2.52%1.01%
Ultratech Cement LtdMaterials0.69%1.25%0.69%
Mahindra & Mahindra LtdConsumer Discretionary0.68%2.00%0.68%
Shriram Transport Finance Company LtdFinancial0.63%1.65%0.63%
IIFL Wealth Management LtdFinancial0.59%1.10%0.59%
BHARTI TELECOM LIMITED SR XXVII 7.30 NCD 01DC27 FVRS1LACTechnology0.54%0.44%0.44%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LACFinancial0.99%0.19%0.19%
Sun Pharmaceutical Industries LtdHealthcare0.18%1.86%0.18%
Bharat Highways InvITIndustrials0.30%0.18%0.18%
NTPC LtdEnergy & Utilities0.14%1.23%0.14%
Raajmarg Infra Investment TrustIndustrials0.14%0.44%0.14%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 146 and 111 holdings respectively — not live positions.