Invesco India Largecap Fund - Direct Plan - Growth vs WhiteOak Capital Large Cap Fund Direct Plan Growth — portfolio overlap

38.72% 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

38.72%

Stocks held by both

24

Only in Invesco Mutual Fund's fund

29

Only in WhiteOak Capital Mutual Fund's fund

57

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 WhiteOak Capital Mutual Fund'sShared
ICICI Bank LtdFinancial7.22%9.07%7.22%
HDFC Bank LtdFinancial5.98%9.09%5.98%
Bharti Airtel LtdTechnology3.21%4.70%3.21%
Zomato LtdTechnology3.30%2.73%2.73%
Torrent Pharmaceuticals LtdHealthcare2.50%2.74%2.50%
Mahindra & Mahindra LtdConsumer Discretionary2.21%3.09%2.21%
Titan Company LtdConsumer Discretionary2.39%2.13%2.13%
Larsen & Toubro LtdIndustrials3.89%1.61%1.61%
Tech Mahindra LtdTechnology2.82%1.31%1.31%
CG Power & Industrial Solutions LtdIndustrials2.11%1.08%1.08%
Axis Bank LtdFinancial2.96%1.02%1.02%
Cholamandalam Investment & Finance Company LtdFinancial2.16%0.96%0.96%
Asian Paints LtdMaterials1.32%0.96%0.96%
Hindalco Industries LtdMaterials0.93%1.29%0.93%
Tata Steel LtdMaterials1.24%0.92%0.92%
Bharat Electronics LtdIndustrials0.79%2.60%0.79%
Max Healthcare Institute LtdHealthcare2.31%0.72%0.72%
Bajaj Finance LtdFinancial3.65%0.69%0.69%
Coforge LtdTechnology2.15%0.50%0.50%
Poly Medicure LtdHealthcare1.59%0.36%0.36%
ICICI Prudential Asset Management Company Ltd.Financial5.33%0.31%0.31%
Trent LtdConsumer Discretionary0.76%0.30%0.30%
Eicher Motors LtdConsumer Discretionary2.30%0.27%0.27%
Infosys LtdTechnology3.50%0.01%0.01%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 55 and 83 holdings respectively — not live positions.