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BANDHAN FLOATER FUND - DIRECT PLAN GROWTH vs Axis Floater Fund - Direct Plan - Growth — portfolio overlap

3.83% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.

Portfolio overlap

3.83%

Stocks held by both

2

Only in Bandhan Mutual Fund's fund

19

Only in Axis Mutual Fund's fund

30

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 Bandhan Mutual Fund'sIn Axis Mutual Fund'sShared
BANK OF BARODA CD 07DEC26Financial4.32%3.29%3.29%
Others Class A2 AIFUnspecified0.54%0.93%0.54%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 23 and 33 holdings respectively — not live positions.