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

23.97% 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

23.97%

Stocks held by both

51

Only in Nippon India Mutual Fund's fund

121

Only in WhiteOak Capital Mutual Fund's fund

157

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

StockSectorIn Nippon India Mutual Fund'sIn WhiteOak Capital Mutual Fund'sShared
GOLD MINI (100 GRAMS) COMMODITY JUNE 2020 FUTUREUnspecified3.52%5.15%3.52%
ICICI Bank LtdFinancial3.80%2.68%2.68%
HDFC Bank LtdFinancial2.98%1.26%1.26%
Mahindra & Mahindra LtdConsumer Discretionary1.60%0.92%0.92%
State Bank of IndiaFinancial1.88%0.88%0.88%
Zomato LtdTechnology1.69%0.81%0.81%
Reliance Industries LtdEnergy & Utilities1.46%0.75%0.75%
Tower Infrastructure TrustReal Estate0.74%1.21%0.74%
Kotak Mahindra Bank LtdFinancial1.17%0.72%0.72%
Bharti Airtel LtdTechnology0.63%1.31%0.63%
Titan Company LtdConsumer Discretionary0.90%0.62%0.62%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100Entities0.56%1.07%0.56%
REC LIMITED SR 257 TR A 7.28 BD 31AG29 FVRS1LACFinancial0.55%0.67%0.55%
BAJAJ FINANCE LIMITED 7.79 NCD 04JL36 FVRS1LACFinancial0.54%0.57%0.54%
Axis Bank LtdFinancial2.22%0.53%0.53%
Cube Highways TrustIndustrials0.50%1.07%0.50%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26F 7.44 BD 17JL29 FVRS1LACFinancial0.44%1.46%0.44%
India Grid Trust EQIndustrials0.41%0.83%0.41%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.29 BD 09NV29 FVRS1LACFinancial0.41%1.13%0.41%
Infosys LtdTechnology1.54%0.40%0.40%
Knowledge Realty TrustReal Estate0.70%0.39%0.39%
Coforge LtdTechnology0.39%0.95%0.39%
Power Finance Corporation LtdFinancial0.34%0.50%0.34%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LACFinancial0.30%0.57%0.30%
Tech Mahindra LtdTechnology0.40%0.30%0.30%

Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 174 and 210 holdings respectively — not live positions.