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Invesco India Largecap Fund - Direct Plan - Growth vs BANK OF INDIA Large Cap Fund Direct Plan Growth — portfolio overlap

40.69% 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

40.69%

Stocks held by both

20

Only in Invesco Mutual Fund's fund

35

Only in Bank of India Mutual Fund's fund

34

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 Bank of India Mutual Fund'sShared
ICICI Bank LtdFinancial8.46%6.23%6.23%
HDFC Bank LtdFinancial3.96%7.04%3.96%
ICICI Prudential Asset Management Company Ltd.Financial3.70%3.36%3.36%
Tech Mahindra LtdTechnology2.99%3.18%2.99%
Larsen & Toubro LtdIndustrials3.62%2.54%2.54%
Mahindra & Mahindra LtdConsumer Discretionary2.40%2.32%2.32%
Axis Bank LtdFinancial2.67%2.07%2.07%
Coforge LtdTechnology2.67%1.98%1.98%
Titan Company LtdConsumer Discretionary2.54%1.90%1.90%
Bharti Airtel LtdTechnology2.87%1.73%1.73%
Ultratech Cement LtdMaterials1.88%1.73%1.73%
Bajaj Auto LtdConsumer Discretionary1.77%1.61%1.61%
Asian Paints LtdMaterials1.22%1.60%1.22%
Bank Of BarodaFinancial1.21%2.31%1.21%
Samvardhana Motherson International LtdConsumer Discretionary1.14%2.18%1.14%
Shriram Transport Finance Company LtdFinancial1.14%3.12%1.14%
Tata Steel LtdMaterials1.11%1.52%1.11%
Hindustan Aeronautics LtdIndustrials1.01%1.72%1.01%
Bharat Electronics LtdIndustrials0.73%1.79%0.73%
BSE LtdFinancial1.93%0.71%0.71%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 56 and 56 holdings respectively — not live positions.