Franklin India Money Market Fund - Direct - Growth vs Axis Money Market Fund - Direct Plan - Growth Option — portfolio overlap
20.85% 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
20.85%
Stocks held by both
18
Only in Franklin Templeton Mutual Fund's fund
21
Only in Axis Mutual Fund's fund
109
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 CD 29JAN27 | Financial | 3.14% | 3.02% | 3.02% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 28JAN27 | Financial | 3.77% | 2.31% | 2.31% |
| Small Industries Dev Bank of India (18/02/2027) ** | Financial | 2.51% | 2.06% | 2.06% |
| Small Industries Dev Bank of India (04/02/2027) ** | Financial | 1.88% | 1.93% | 1.88% |
| National Bank For Agriculture and Rural Development (17/02/2027) ** | Financial | 1.63% | 1.92% | 1.63% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 22JAN27 | Financial | 4.53% | 1.26% | 1.26% |
| BANK OF BARODA CD 11DEC26 | Financial | 2.54% | 1.21% | 1.21% |
| CANARA BANK CD 26FEB27 | Financial | 2.50% | 1.16% | 1.16% |
| CANARA BANK CD 04MAR27 | Financial | 1.88% | 1.15% | 1.15% |
| BANK OF BARODA CD 06JAN27 | Financial | 2.53% | 0.77% | 0.77% |
| BANK OF BARODA CD 11JAN27 | Financial | 1.89% | 0.77% | 0.77% |
| IDBI Bank Ltd CD | Financial | 4.99% | 0.77% | 0.77% |
| UNION BANK OF INDIA CD 10DEC26 | Financial | 1.27% | 0.64% | 0.64% |
| BANK OF BARODA CD 05MAR27 | Financial | 1.25% | 0.64% | 0.64% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27 | Financial | 1.26% | 0.51% | 0.51% |
| CANARA BANK CD 29JAN27 | Financial | 0.63% | 0.39% | 0.39% |
| Union Bank of India (10/02/2027) # | Financial | 1.26% | 0.38% | 0.38% |
| Others Class A2 AIF | Unspecified | 0.29% | 0.32% | 0.29% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 41 and 128 holdings respectively — not live positions.