BANDHAN FLOATING INTEREST RATES FUND - Growth - Direct Plan vs Axis Floating Interest Rates Fund - Growth Option - Direct Plan — portfolio overlap
3.88% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.
Portfolio overlap
3.88%
Stocks held by both
2
Only in Bandhan Mutual Fund's fund
18
Only in Axis 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 Bandhan Mutual Fund's | In Axis Mutual Fund's | Shared |
|---|---|---|---|---|
| REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LAC | Financial | 4.44% | 3.33% | 3.33% |
| Others Class A2 AIF | Unspecified | 0.55% | 0.93% | 0.55% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 22 and 39 holdings respectively — not live positions.