Axis Balanced Advantage Fund - Direct Plan - Growth vs quant Dynamic Asset Allocation Fund - Growth Option - Direct Plan — portfolio overlap
8.51% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.
Portfolio overlap
8.51%
Stocks held by both
6
Only in Axis Mutual Fund's fund
149
Only in quant Mutual Fund's fund
18
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
| Stock | Sector | In Axis Mutual Fund's | In quant Mutual Fund's | Shared |
|---|---|---|---|---|
| Reliance Industries Ltd | Energy & Utilities | 4.43% | 7.33% | 4.43% |
| Bharti Airtel Ltd | Technology | 2.38% | 9.59% | 2.38% |
| Reserve Bank of India 91-D | Financial | 0.82% | 0.74% | 0.74% |
| GOVERNMENT OF INDIA 37846 091 DAYS TBILL 19NV26 FV RS 100 | Financial | 0.54% | 0.80% | 0.54% |
| Indus Towers Ltd | Technology | 0.41% | 9.21% | 0.41% |
| Bharat Heavy Electricals Ltd | Industrials | 0.08% | 0.00% | 0.00% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 158 and 25 holdings respectively — not live positions.