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Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan - Growth Option vs quant Dynamic Asset Allocation Fund - Growth Option - Direct Plan — portfolio overlap

7.11% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.

Portfolio overlap

7.11%

Stocks held by both

5

Only in Aditya Birla Sun Life Mutual Fund's fund

138

Only in quant Mutual Fund's fund

20

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

StockSectorIn Aditya Birla Sun Life Mutual Fund'sIn quant Mutual Fund'sShared
State Bank of IndiaFinancial2.08%5.71%2.08%
Reliance Industries LtdEnergy & Utilities2.09%1.99%1.99%
Adani Enterprises LtdMaterials1.41%8.85%1.41%
Bharti Airtel LtdTechnology1.07%9.40%1.07%
Sumitomo Chemical India LtdMaterials0.56%0.92%0.56%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 146 and 26 holdings respectively — not live positions.