Axis Treasury Advantage Fund - Direct Plan - Growth Option vs HSBC Low Duration Fund - Direct Growth — portfolio overlap
18.07% of these two portfolios is the same. A modest shared core. The two portfolios are largely distinct, so holding both does broaden your exposure.
Portfolio overlap
18.07%
Stocks held by both
16
Only in Axis Mutual Fund's fund
81
Only in HSBC Mutual Fund's fund
24
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 HSBC Mutual Fund's | Shared |
|---|---|---|---|---|
| Small Industries Dev Bank of India (18/02/2027) ** | Financial | 3.19% | 3.03% | 3.03% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC | Financial | 4.38% | 2.99% | 2.99% |
| BANK OF BARODA CD 04FEB27 | Financial | 2.13% | 2.76% | 2.13% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 20AUG27 | Financial | 2.05% | 3.01% | 2.05% |
| 7.90% LIC Housing Finance Ltd NCD 23-06-2027 | Financial | 1.54% | 2.93% | 1.54% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC | Financial | 1.10% | 2.76% | 1.10% |
| REC LIMITED SR 251 6.95 BD 18FB28 FVRS1LAC | Financial | 0.87% | 5.92% | 0.87% |
| LIQUID GOLD SERIES 14 SERIES A PTC 29SEP25 | Unspecified | 0.76% | 0.91% | 0.76% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 14JAN27 | Financial | 1.07% | 0.60% | 0.60% |
| POWER FINANCE CORPORATION LTD. SR BS227B 7.77 BD 15AP28 FVRS1LAC | Financial | 0.55% | 5.80% | 0.55% |
| REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC | Financial | 0.54% | 1.76% | 0.54% |
| PUNJAB NATIONAL BANK CD 15DEC26 | Financial | 0.54% | 5.55% | 0.54% |
| EMBASSY OFFICE PARKS REIT SR V TR B 7.05 NCD 18OT26 FVRS10LAC | Real Estate | 0.44% | 0.69% | 0.44% |
| HDFC Bank Limited (15/02/2027) ** # | Financial | 0.40% | 2.77% | 0.40% |
| Others Class A2 AIF | Unspecified | 0.39% | 0.31% | 0.31% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC | Financial | 0.22% | 4.90% | 0.22% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 107 and 41 holdings respectively — not live positions.