SBI Long Term Advantage Fund - Series V - Direct Plan - Growth vs ITI ELSS Tax Saver Fund - Direct Plan - Growth Option — portfolio overlap
12.94% 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
12.94%
Stocks held by both
7
Only in SBI Mutual Fund's fund
23
Only in ITI Mutual Fund's fund
61
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 SBI Mutual Fund's | In ITI Mutual Fund's | Shared |
|---|---|---|---|---|
| HDFC Bank Ltd | Financial | 3.54% | 3.30% | 3.30% |
| Bajaj Finance Ltd | Financial | 3.05% | 2.69% | 2.69% |
| State Bank of India | Financial | 1.95% | 2.48% | 1.95% |
| Divi's Laboratories Ltd | Healthcare | 4.97% | 1.46% | 1.46% |
| Manappuram Finance Ltd | Financial | 3.30% | 1.39% | 1.39% |
| Aptus Value Housing Finance India Ltd | Financial | 1.96% | 1.35% | 1.35% |
| Kotak Mahindra Bank Ltd | Financial | 3.30% | 0.80% | 0.80% |
Holdings are a monthly disclosure, so this reflects the last portfolios both funds published — 32 and 70 holdings respectively — not live positions.