LIC MF Multi Cap Fund-Direct Plan-Growth vs WhiteOak Capital Multi Cap Fund Direct Plan Growth — portfolio overlap
25.35% 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
25.35%
Stocks held by both
29
Only in LIC Mutual Fund's fund
34
Only in WhiteOak Capital Mutual Fund's fund
194
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 29, by shared weight
| Stock | Sector | In LIC Mutual Fund's | In WhiteOak Capital Mutual Fund's | Shared |
|---|---|---|---|---|
| ICICI Bank Ltd | Financial | 3.56% | 5.29% | 3.56% |
| HDFC Bank Ltd | Financial | 2.70% | 2.07% | 2.07% |
| Zomato Ltd | Technology | 1.72% | 1.60% | 1.60% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 1.45% | 1.63% | 1.45% |
| State Bank of India | Financial | 1.43% | 1.77% | 1.43% |
| The Federal Bank Ltd | Financial | 1.56% | 1.31% | 1.31% |
| Bharti Hexacom Ltd. | Technology | 1.33% | 1.25% | 1.25% |
| PB Fintech Ltd | Financial | 1.55% | 1.24% | 1.24% |
| Kotak Mahindra Bank Ltd | Financial | 2.79% | 1.11% | 1.11% |
| Max Financial Services Ltd | Financial | 1.09% | 1.42% | 1.09% |
| Persistent Systems Ltd | Technology | 1.06% | 1.16% | 1.06% |
| Torrent Pharmaceuticals Ltd | Healthcare | 0.98% | 1.18% | 0.98% |
| Azad Engineering Ltd. | Industrials | 1.42% | 0.88% | 0.88% |
| Maruti Suzuki India Ltd | Consumer Discretionary | 1.36% | 0.83% | 0.83% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.23% | 0.70% | 0.70% |
| Navin Fluorine International Ltd | Materials | 1.31% | 0.62% | 0.62% |
| Axis Bank Ltd | Financial | 2.11% | 0.62% | 0.62% |
| Oil India Ltd | Energy & Utilities | 1.22% | 0.56% | 0.56% |
| Marico Ltd | Consumer Staples | 1.13% | 0.56% | 0.56% |
| Manorama Industries Ltd | Consumer Staples | 1.68% | 0.45% | 0.45% |
| Gillette India Ltd | Consumer Staples | 0.68% | 0.39% | 0.39% |
| Sun Pharmaceutical Industries Ltd | Healthcare | 1.71% | 0.32% | 0.32% |
| GE T&D India Ltd | Industrials | 1.21% | 0.27% | 0.27% |
| Avalon Technologies Ltd. | Industrials | 3.47% | 0.25% | 0.25% |
| Abbott India Ltd | Healthcare | 1.45% | 0.23% | 0.23% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 64 and 224 holdings respectively — not live positions.