HDFC Defence Fund - Growth Option - Direct Plan vs HDFC Transportation and Logistics Fund - Growth Option - Direct Plan — portfolio overlap

10.46% 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

10.46%

Stocks held by both

5

Only in HDFC Mutual Fund's fund

17

Only in HDFC Mutual Fund's fund

29

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 HDFC Mutual Fund'sShared
Eicher Motors LtdConsumer Discretionary3.70%7.89%3.70%
Bosch LtdConsumer Discretionary2.84%7.12%2.84%
Bharat Forge LtdConsumer Discretionary14.56%2.39%2.39%
SEDEMAC Mechatronics Ltd.Industrials1.09%2.77%1.09%
Tata Motors LtdIndustrials0.44%7.34%0.44%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 23 and 35 holdings respectively — not live positions.