Axis Value Fund - Direct Plan - Growth vs LIC MF Value Fund-Direct Plan-Growth — portfolio overlap
18.12% 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
18.12%
Stocks held by both
15
Only in Axis Mutual Fund's fund
73
Only in LIC Mutual Fund's fund
35
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 LIC Mutual Fund's | Shared |
|---|---|---|---|---|
| State Bank of India | Financial | 2.37% | 2.65% | 2.37% |
| ICICI Bank Ltd | Financial | 5.14% | 2.14% | 2.14% |
| NTPC Ltd | Energy & Utilities | 2.18% | 2.08% | 2.08% |
| Tech Mahindra Ltd | Technology | 1.71% | 1.65% | 1.65% |
| Shriram Transport Finance Company Ltd | Financial | 2.86% | 1.55% | 1.55% |
| Axis Bank Ltd | Financial | 1.43% | 1.54% | 1.43% |
| Sun Pharmaceutical Industries Ltd | Healthcare | 1.80% | 1.07% | 1.07% |
| Hyundai Motor India Ltd. | Consumer Discretionary | 1.07% | 2.92% | 1.07% |
| Kotak Mahindra Bank Ltd | Financial | 1.17% | 0.98% | 0.98% |
| HDFC Bank Ltd | Financial | 4.44% | 0.92% | 0.92% |
| Torrent Pharmaceuticals Ltd | Healthcare | 1.87% | 0.77% | 0.77% |
| Sansera Engineering Ltd | Consumer Discretionary | 0.77% | 2.93% | 0.77% |
| Gland Pharma Ltd | Healthcare | 0.73% | 1.27% | 0.73% |
| Interglobe Aviation Ltd | Industrials | 0.43% | 2.04% | 0.43% |
| Cipla Ltd | Healthcare | 0.15% | 1.46% | 0.15% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 89 and 52 holdings respectively — not live positions.