Invesco India Large & Mid Cap Fund - Direct Plan - Growth vs HSBC Large & Mid Cap Fund - Direct Growth — portfolio overlap

17.36% 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

17.36%

Stocks held by both

12

Only in Invesco Mutual Fund's fund

29

Only in HSBC Mutual Fund's fund

68

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 Invesco Mutual Fund'sIn HSBC Mutual Fund'sShared
ICICI Bank LtdFinancial6.47%7.34%6.47%
The Federal Bank LtdFinancial3.25%3.23%3.23%
Aditya Infotech Ltd.Technology3.36%2.92%2.92%
Cholamandalam Investment & Finance Company LtdFinancial2.62%1.70%1.70%
BSE LtdFinancial3.31%1.10%1.10%
Meesho Ltd.Consumer Discretionary1.78%1.03%1.03%
ABB India LtdIndustrials3.83%0.48%0.48%
FSN E-Commerce Ventures LtdConsumer Discretionary0.18%3.52%0.18%
Bharti Airtel LtdTechnology1.58%0.15%0.15%
Safari Industries (India) LtdConsumer Discretionary0.31%0.06%0.06%
Sai Life Sciences Ltd.Healthcare4.74%0.03%0.03%
Zomato LtdTechnology7.38%0.01%0.01%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 42 and 82 holdings respectively — not live positions.