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HSBC Multi Cap Fund - Direct - Growth vs WhiteOak Capital Multi Cap Fund Direct Plan Growth — portfolio overlap

29.89% of these two portfolios is the same. A substantial shared core, which is normal for two funds in the same category — they are drawing from the same universe. The part that differs is what you are actually paying the second manager for.

Portfolio overlap

29.89%

Stocks held by both

47

Only in HSBC Mutual Fund's fund

54

Only in WhiteOak Capital Mutual Fund's fund

176

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— top 25 of 47, by shared weight

StockSectorIn HSBC Mutual Fund'sIn WhiteOak Capital Mutual Fund'sShared
ICICI Bank LtdFinancial2.30%5.29%2.30%
HDFC Bank LtdFinancial2.80%2.07%2.07%
State Bank of IndiaFinancial1.95%1.77%1.77%
Zomato LtdTechnology1.42%1.60%1.42%
The Federal Bank LtdFinancial2.57%1.31%1.31%
Reliance Industries LtdEnergy & Utilities1.98%1.26%1.26%
Bharti Airtel LtdTechnology1.17%2.48%1.17%
Kotak Mahindra Bank LtdFinancial1.25%1.11%1.11%
Torrent Pharmaceuticals LtdHealthcare0.96%1.18%0.96%
Titan Company LtdConsumer Discretionary0.84%1.01%0.84%
Bharat Heavy Electricals LtdIndustrials0.94%0.77%0.77%
Lenskart Solutions Ltd.Consumer Discretionary1.03%0.70%0.70%
Maruti Suzuki India LtdConsumer Discretionary0.66%0.83%0.66%
TD Power Systems LtdIndustrials3.01%0.63%0.63%
Navin Fluorine International LtdMaterials1.95%0.62%0.62%
Neuland Laboratories LtdHealthcare1.31%0.61%0.61%
Motilal Oswal Financial Services LtdFinancial0.60%0.68%0.60%
City Union Bank LtdFinancial0.91%0.59%0.59%
Max Healthcare Institute LtdHealthcare1.22%0.58%0.58%
Mahindra & Mahindra LtdConsumer Discretionary0.56%1.63%0.56%
Nippon Life India Asset Management LtdFinancial1.11%0.52%0.52%
Hindalco Industries LtdMaterials0.65%0.50%0.50%
FSN E-Commerce Ventures LtdConsumer Discretionary0.91%0.50%0.50%
Billionbrains Garage Ventures Ltd.Financial0.70%0.48%0.48%
Kei Industries LtdIndustrials0.57%0.46%0.46%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 102 and 224 holdings respectively — not live positions.