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Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option vs DSP Multi Asset Allocation Fund - Direct - Growth — portfolio overlap

20.97% 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

20.97%

Stocks held by both

27

Only in Nippon India Mutual Fund's fund

143

Only in DSP Mutual Fund's fund

77

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 27, by shared weight

StockSectorIn Nippon India Mutual Fund'sIn DSP Mutual Fund'sShared
ICICI Bank LtdFinancial3.80%3.02%3.02%
HDFC Bank LtdFinancial2.98%3.49%2.98%
Axis Bank LtdFinancial2.22%3.11%2.22%
Reliance Industries LtdEnergy & Utilities1.46%1.58%1.46%
State Bank of IndiaFinancial1.88%1.45%1.45%
NTPC LtdEnergy & Utilities1.02%0.96%0.96%
Info Edge (India) LtdTechnology1.53%0.94%0.94%
Mahindra & Mahindra LtdConsumer Discretionary1.60%0.85%0.85%
Knowledge Realty TrustReal Estate0.70%0.89%0.70%
Life Insurance Corporation of IndiaFinancial0.69%0.81%0.69%
Samvardhana Motherson International LtdConsumer Discretionary0.69%1.04%0.69%
Bharti Airtel LtdTechnology0.63%1.85%0.63%
Sun Pharmaceutical Industries LtdHealthcare0.77%0.54%0.54%
HDFC Asset Management Company LtdFinancial0.58%0.49%0.49%
MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LACFinancial0.88%0.46%0.46%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.29 BD 09NV29 FVRS1LACFinancial0.41%0.46%0.41%
Infosys LtdTechnology1.54%0.38%0.38%
KFin Technologies LtdFinancial0.33%0.52%0.33%
Bharat Highways InvITIndustrials0.44%0.31%0.31%
Power Finance Corporation LtdFinancial0.34%0.24%0.24%
Raajmarg Infra Investment TrustIndustrials0.23%0.36%0.23%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.83 BD 24NV28 FVRS1LACFinancial0.28%0.22%0.22%
Ultratech Cement LtdMaterials0.21%0.77%0.21%
Hindustan Petroleum Corporation LtdEnergy & Utilities0.21%0.67%0.21%
DLF LtdReal Estate0.15%0.56%0.15%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 174 and 106 holdings respectively — not live positions.