HSBC Multi Cap Fund - Direct - Growth vs Bank of India Multi Cap Fund Direct Plan - Growth — portfolio overlap

18.3% 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

18.3%

Stocks held by both

15

Only in HSBC Mutual Fund's fund

83

Only in Bank of India Mutual Fund's fund

50

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 HSBC Mutual Fund'sIn Bank of India Mutual Fund'sShared
HDFC Bank LtdFinancial3.46%4.89%3.46%
Reliance Industries LtdEnergy & Utilities2.20%3.82%2.20%
State Bank of IndiaFinancial2.08%2.65%2.08%
Larsen & Toubro LtdIndustrials1.80%1.70%1.70%
Shriram Transport Finance Company LtdFinancial1.28%1.43%1.28%
Kotak Mahindra Bank LtdFinancial1.28%2.89%1.28%
Bharti Airtel LtdTechnology1.07%1.57%1.07%
Oberoi Realty LtdReal Estate1.07%1.03%1.03%
FSN E-Commerce Ventures LtdConsumer Discretionary0.89%2.94%0.89%
NTPC LtdEnergy & Utilities0.78%1.45%0.78%
Hero Motocorp LtdConsumer Discretionary0.89%0.77%0.77%
Vijaya Diagnostic Centre LtdHealthcare0.74%1.03%0.74%
Angel One LtdFinancial0.45%1.17%0.45%
Britannia Industries LtdConsumer Staples0.31%0.70%0.31%
Godfrey Phillips India LtdConsumer Staples0.26%1.03%0.26%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 99 and 67 holdings respectively — not live positions.