HDFC Balanced Advantage Fund - Growth Plan - Direct Plan vs quant Dynamic Asset Allocation Fund - Growth Option - Direct Plan — portfolio overlap

6.13% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.

Portfolio overlap

6.13%

Stocks held by both

6

Only in HDFC Mutual Fund's fund

323

Only in quant Mutual Fund's fund

19

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

StockSectorIn HDFC Mutual Fund'sIn quant Mutual Fund'sShared
Bharti Airtel LtdTechnology3.01%9.05%3.01%
Larsen & Toubro LtdIndustrials2.56%4.37%2.56%
Aurobindo Pharma LtdHealthcare0.40%8.66%0.40%
HDFC Life Insurance Co LtdFinancial0.14%8.31%0.14%
Varun Beverages LtdConsumer Staples0.02%8.85%0.02%
Indus Towers LtdTechnology0.00%2.34%0.00%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 331 and 26 holdings respectively — not live positions.