ICICI Prudential Floating Interest Fund - Direct Plan - Growth vs Axis Floater Fund - Direct Plan - Growth — portfolio overlap
4.93% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.
Portfolio overlap
4.93%
Stocks held by both
6
Only in ICICI Prudential Mutual Fund's fund
76
Only in Axis Mutual Fund's fund
21
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 ICICI Prudential Mutual Fund's | In Axis Mutual Fund's | Shared |
|---|---|---|---|---|
| POWER FINANCE CORPORATION LIMITED SR 259A 6.96 BD 02MR28 FVRS1LAC | Financial | 2.00% | 1.88% | 1.88% |
| PIPELINE INFRASTRUCTURE LIMITED SR 1 7.96 NCD 11MR27 FVRS1LAC | Industrials | 1.04% | 2.27% | 1.04% |
| Power Finance Corporation Ltd Bonds/Deb 7.60 20/02/2027 | Financial | 1.01% | 3.71% | 1.01% |
| BANK OF BARODA CD 08JAN27 | Financial | 0.57% | 3.64% | 0.57% |
| Others Class A2 AIF | Unspecified | 0.42% | 1.03% | 0.42% |
| GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 | Entities | 0.01% | 7.65% | 0.01% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 87 and 29 holdings respectively — not live positions.