Franklin India Corporate Debt Fund - Direct - GROWTH vs Axis Corporate Bond Fund - Direct Plan Growth — portfolio overlap
13.38% 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
13.38%
Stocks held by both
16
Only in Franklin Templeton Mutual Fund's fund
28
Only in Axis Mutual Fund's fund
113
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 Franklin Templeton Mutual Fund's | In Axis Mutual Fund's | Shared |
|---|---|---|---|---|
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC | Financial | 5.82% | 2.39% | 2.39% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.68 BD 10AG27 FVRS1LAC | Financial | 3.75% | 1.91% | 1.91% |
| LIC HOUSING FINANCE LTD TR 442 7.9265 NCD 14JL27 FVRS1LAC | Financial | 4.04% | 1.28% | 1.28% |
| REC LIMITED SR 239 BD 03NV34 FVRS1LAC | Financial | 2.18% | 1.27% | 1.27% |
| RJ CORP LIMITED 7.25 NCD 08DC28 FVRS1LAC | Consumer Staples | 4.11% | 1.27% | 1.27% |
| REC LIMITED SR 249A 6.37 BD 31MR27 FVRS1LAC | Financial | 1.85% | 1.22% | 1.22% |
| BAJAJ FINANCE LIMITED 7.82% NCD 31JN34 FVRS1LAC | Financial | 1.89% | 0.95% | 0.95% |
| CANARA BANK CD 29JUN27 | Financial | 0.68% | 1.29% | 0.68% |
| REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LAC | Financial | 1.72% | 0.64% | 0.64% |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED SR PPD7 7.90 LOA 10AG28 FVRS1LAC | Industrials | 5.48% | 0.32% | 0.32% |
| REC LIMITED SR 216A 7.55 BD 31MR28 FVRS10LAC | Financial | 1.12% | 0.32% | 0.32% |
| REC LIMITED SR 250A 6.60 BD 30JU27 FVRS1LAC | Financial | 1.09% | 0.32% | 0.32% |
| POWER FINANCE CORPORATION LTD. SR BS214 6.92 BD 14AP32 FVRS10LAC | Financial | 1.84% | 0.31% | 0.31% |
| Others Class A2 AIF | Unspecified | 0.28% | 0.35% | 0.28% |
| Power Finance Corporation Ltd SR-158 Bonds 7.18 20/01/2027 | Financial | 1.46% | 0.13% | 0.13% |
| 7.71% GOI 18-May-2066 | Entities | 0.08% | 0.19% | 0.08% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 47 and 131 holdings respectively — not live positions.