HSBC Conservative Hybrid Fund - Direct Growth vs Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth — portfolio overlap
3.93% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.
Portfolio overlap
3.93%
Stocks held by both
3
Only in HSBC Mutual Fund's fund
38
Only in PPFAS Mutual Fund's fund
93
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 HSBC Mutual Fund's | In PPFAS Mutual Fund's | Shared |
|---|---|---|---|---|
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.47 BD 05SP29 FVRS1LAC | Financial | 3.53% | 2.21% | 2.21% |
| STATE DEVELOPMENT LOAN 37102 TN 18FB32 7.12 FV RS 100 | Unspecified | 10.18% | 1.46% | 1.46% |
| Others Class A2 AIF | Unspecified | 0.31% | 0.26% | 0.26% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 43 and 99 holdings respectively — not live positions.