Edelweiss Equity Savings Fund - Direct Plan - Growth Option vs Mirae Asset Equity Savings Fund - Direct Plan - Growth — portfolio overlap
31.75% of these two portfolios is the same. A substantial shared core, which is normal for two funds in the same category — they are drawing from the same universe. The part that differs is what you are actually paying the second manager for.
Portfolio overlap
31.75%
Stocks held by both
79
Only in Edelweiss Mutual Fund's fund
78
Only in Mirae Asset Mutual Fund's fund
90
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— top 25 of 79, by shared weight
| Stock | Sector | In Edelweiss Mutual Fund's | In Mirae Asset Mutual Fund's | Shared |
|---|---|---|---|---|
| ICICI Bank Ltd | Financial | 3.41% | 3.52% | 3.41% |
| HDFC Bank Ltd | Financial | 5.05% | 2.94% | 2.94% |
| Reliance Industries Ltd | Energy & Utilities | 2.85% | 2.33% | 2.33% |
| Bharti Airtel Ltd | Technology | 3.19% | 2.26% | 2.26% |
| Axis Bank Ltd | Financial | 1.57% | 2.04% | 1.57% |
| GOI Sec 7.18 14/08/2033 | Entities | 1.54% | 1.25% | 1.25% |
| Adani Ports and Special Economic Zone Ltd | Industrials | 0.96% | 0.92% | 0.92% |
| Kotak Mahindra Bank Ltd | Financial | 0.86% | 1.46% | 0.86% |
| Zomato Ltd | Technology | 0.79% | 0.81% | 0.79% |
| State Bank of India | Financial | 0.67% | 2.23% | 0.67% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 0.67% | 1.38% | 0.67% |
| Bajaj Finance Ltd | Financial | 0.64% | 1.10% | 0.64% |
| Ambuja Cements Ltd | Materials | 0.69% | 0.62% | 0.62% |
| Multi Commodity Exchange Of India Ltd | Financial | 1.74% | 0.58% | 0.58% |
| Hindalco Industries Ltd | Materials | 1.48% | 0.56% | 0.56% |
| Titan Company Ltd | Consumer Discretionary | 0.55% | 1.38% | 0.55% |
| Divi's Laboratories Ltd | Healthcare | 0.68% | 0.54% | 0.54% |
| Glenmark Pharmaceuticals Ltd | Healthcare | 0.50% | 0.64% | 0.50% |
| Sun Pharmaceutical Industries Ltd | Healthcare | 0.41% | 0.91% | 0.41% |
| NTPC Ltd | Energy & Utilities | 0.37% | 0.92% | 0.37% |
| Larsen & Toubro Ltd | Industrials | 0.36% | 1.03% | 0.36% |
| Hero Motocorp Ltd | Consumer Discretionary | 0.35% | 0.42% | 0.35% |
| The Federal Bank Ltd | Financial | 0.35% | 0.44% | 0.35% |
| National Aluminium Company Ltd | Materials | 1.20% | 0.32% | 0.32% |
| Bharat Petroleum Corporation Ltd | Energy & Utilities | 0.34% | 0.32% | 0.32% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 161 and 172 holdings respectively — not live positions.