Franklin India Floating Rate Fund - Direct - Growth vs Axis Floater Fund - Direct Plan - Growth — portfolio overlap
17.85% 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
17.85%
Stocks held by both
5
Only in Franklin Templeton Mutual Fund's fund
10
Only in Axis Mutual Fund's fund
27
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 |
|---|---|---|---|---|
| REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC | Financial | 9.12% | 6.68% | 6.68% |
| JUBILANT BEVCO LIMITED NCD 31MY28 FVRS1LAC | Consumer Staples | 8.03% | 3.76% | 3.76% |
| JUBILANT BEVERAGES LIMITED NCD 31MY28 FVRS1LAC | Consumer Staples | 8.09% | 3.75% | 3.75% |
| BANK OF BARODA CD 04DEC26 | Financial | 8.74% | 3.29% | 3.29% |
| Others Class A2 AIF | Unspecified | 0.38% | 0.93% | 0.38% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 18 and 33 holdings respectively — not live positions.