HDFC Income Fund - Growth Option - Direct Plan vs LIC MF Medium to Long Duration Fund-Direct Plan-Growth — portfolio overlap

7.6% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.

Portfolio overlap

7.6%

Stocks held by both

4

Only in HDFC Mutual Fund's fund

30

Only in LIC Mutual Fund's fund

13

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 LIC Mutual Fund'sShared
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100Entities5.58%13.36%5.58%
GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100Entities1.08%2.94%1.08%
7.71% GOI 18-May-2066Entities0.62%2.97%0.62%
Others Class A2 AIFUnspecified0.32%0.34%0.32%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 36 and 18 holdings respectively — not live positions.