JM ELSS Tax Saver Fund (Direct) - Growth Option vs SBI Long Term Advantage Fund - Series V - Direct Plan - Growth — portfolio overlap
16.38% 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
16.38%
Stocks held by both
8
Only in JM Financial Mutual Fund's fund
47
Only in SBI Mutual Fund's fund
22
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 JM Financial Mutual Fund's | In SBI Mutual Fund's | Shared |
|---|---|---|---|---|
| HDFC Bank Ltd | Financial | 2.81% | 3.54% | 2.81% |
| Fortis Healthcare Ltd | Healthcare | 2.25% | 2.14% | 2.14% |
| Bajaj Finance Ltd | Financial | 2.07% | 3.05% | 2.07% |
| Kotak Mahindra Bank Ltd | Financial | 2.05% | 3.30% | 2.05% |
| State Bank of India | Financial | 2.14% | 1.95% | 1.95% |
| Manappuram Finance Ltd | Financial | 1.91% | 3.30% | 1.91% |
| Sanathan Textiles Ltd. | Consumer Discretionary | 1.78% | 3.33% | 1.78% |
| Navin Fluorine International Ltd | Materials | 1.68% | 3.65% | 1.68% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 57 and 32 holdings respectively — not live positions.