Kotak Equity Savings Fund - Direct - Growth vs HSBC Equity Savings Fund - Direct Growth — portfolio overlap
23.39% 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
23.39%
Stocks held by both
51
Only in Kotak Mahindra Mutual Fund's fund
108
Only in HSBC Mutual Fund's fund
61
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— top 25 of 51, by shared weight
| Stock | Sector | In Kotak Mahindra Mutual Fund's | In HSBC Mutual Fund's | Shared |
|---|---|---|---|---|
| State Bank of India | Financial | 2.99% | 3.63% | 2.99% |
| HDFC Bank Ltd | Financial | 2.66% | 5.05% | 2.66% |
| ICICI Bank Ltd | Financial | 2.30% | 4.23% | 2.30% |
| Bharti Airtel Ltd | Technology | 5.15% | 1.34% | 1.34% |
| Axis Bank Ltd | Financial | 1.28% | 3.25% | 1.28% |
| Bank Of Baroda | Financial | 1.16% | 1.60% | 1.16% |
| Steel Authority Of India Ltd | Materials | 1.11% | 1.36% | 1.11% |
| Tata Motors Ltd | Industrials | 1.30% | 0.78% | 0.78% |
| Radico Khaitan Ltd | Consumer Staples | 2.38% | 0.77% | 0.77% |
| LIC Housing Finance Ltd | Financial | 0.95% | 0.76% | 0.76% |
| Reliance Industries Ltd | Energy & Utilities | 1.40% | 0.74% | 0.74% |
| PUNJAB NATIONAL BANK CD 12MAR27 | Financial | 0.90% | 0.73% | 0.73% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.29 BD 09NV29 FVRS1LAC | Financial | 0.93% | 0.72% | 0.72% |
| Bajaj Finance Ltd | Financial | 0.68% | 1.65% | 0.68% |
| SIDDHIVINAYAK SECURITISATION TRUST SD TRUST PTC 15SEPT25 | Unspecified | 0.69% | 0.67% | 0.67% |
| Ambuja Cements Ltd | Materials | 0.59% | 0.59% | 0.59% |
| Sun Pharmaceutical Industries Ltd | Healthcare | 0.56% | 1.94% | 0.56% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 0.55% | 2.12% | 0.55% |
| JSW Steel Ltd | Materials | 0.48% | 0.72% | 0.48% |
| Indus Towers Ltd | Technology | 3.45% | 0.34% | 0.34% |
| Adani Ports and Special Economic Zone Ltd | Industrials | 2.25% | 0.33% | 0.33% |
| Larsen & Toubro Ltd | Industrials | 1.19% | 0.32% | 0.32% |
| Hindustan Unilever Ltd | Consumer Staples | 1.28% | 0.18% | 0.18% |
| Bharat Electronics Ltd | Industrials | 0.17% | 0.66% | 0.17% |
| REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC | Financial | 0.14% | 0.68% | 0.14% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 171 and 114 holdings respectively — not live positions.