Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option vs ITI ELSS Tax Saver Fund - Direct Plan - Growth Option — portfolio overlap
1.6% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.
Portfolio overlap
1.6%
Stocks held by both
2
Only in Motilal Oswal Mutual Fund's fund
28
Only in ITI Mutual Fund's fund
69
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 Motilal Oswal Mutual Fund's | In ITI Mutual Fund's | Shared |
|---|---|---|---|---|
| Shriram Transport Finance Company Ltd | Financial | 3.70% | 1.03% | 1.03% |
| S.J.S Enterprises Ltd | Consumer Discretionary | 3.42% | 0.57% | 0.57% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 32 and 73 holdings respectively — not live positions.