Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option vs SBI Long Term Advantage Fund - Series V - Direct Plan - Growth — portfolio overlap

3.63% of these two portfolios is the same. These portfolios are almost entirely distinct. Holding both gives genuinely different exposure.

Portfolio overlap

3.63%

Stocks held by both

1

Only in Motilal Oswal Mutual Fund's fund

29

Only in SBI Mutual Fund's fund

28

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 Motilal Oswal Mutual Fund'sIn SBI Mutual Fund'sShared
Muthoot Finance LtdFinancial3.63%3.78%3.63%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 32 and 31 holdings respectively — not live positions.