Invesco India Midcap Fund - Direct Plan - Growth Option vs HSBC Midcap Fund - Direct Growth — portfolio overlap

15.74% 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

15.74%

Stocks held by both

14

Only in Invesco Mutual Fund's fund

30

Only in HSBC Mutual Fund's fund

67

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
The Federal Bank LtdFinancial5.58%4.21%4.21%
Meesho Ltd.Consumer Discretionary4.47%2.87%2.87%
Aditya Infotech Ltd.Technology2.68%3.54%2.68%
FSN E-Commerce Ventures LtdConsumer Discretionary2.27%4.67%2.27%
AU Small Finance Bank LtdFinancial4.47%1.90%1.90%
BSE LtdFinancial5.08%0.96%0.96%
Apar Industries LtdDiversified0.48%2.55%0.48%
Bharat Forge LtdConsumer Discretionary0.27%3.19%0.27%
Max Financial Services LtdFinancial3.05%0.03%0.03%
JK Cement LtdMaterials3.08%0.02%0.02%
Swiggy Ltd.Technology1.87%0.02%0.02%
Dixon Technologies (India) LtdConsumer Discretionary1.34%0.02%0.02%
Max Healthcare Institute LtdHealthcare4.30%0.01%0.01%
Zomato LtdTechnology3.95%0.00%0.00%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 45 and 82 holdings respectively — not live positions.