Portfolio overlap
Pick two funds to see how much of their money sits in the same stocks.
Popular pairs
The largest funds in each category, against each other.
Large Cap
- ICICI Prudential Large Cap Fund vs SBI Large Cap Fund
- ICICI Prudential Large Cap Fund vs Nippon India Large Cap Fund
- ICICI Prudential Large Cap Fund vs HDFC Large Cap Fund
- ICICI Prudential Large Cap Fund vs Mirae Asset Large Cap Fund
- SBI Large Cap Fund vs Nippon India Large Cap Fund
- SBI Large Cap Fund vs HDFC Large Cap Fund
Large and Mid Cap
- Mirae Asset Large & Midcap Fund vs SBI Large & Midcap Fund
- Mirae Asset Large & Midcap Fund vs ICICI Prudential Large & Mid Cap Fund
- Mirae Asset Large & Midcap Fund vs Kotak Large & Midcap Fund
- Mirae Asset Large & Midcap Fund vs HDFC Large & Mid Cap Fund
- SBI Large & Midcap Fund vs ICICI Prudential Large & Mid Cap Fund
- SBI Large & Midcap Fund vs Kotak Large & Midcap Fund
Flexi Cap
- Parag Parikh Flexi Cap Fund vs HDFC Flexi Cap Fund
- Parag Parikh Flexi Cap Fund vs Kotak Flexicap Fund
- Parag Parikh Flexi Cap Fund vs Aditya Birla Sun Life Flexi Cap Fund
- Parag Parikh Flexi Cap Fund vs ICICI Prudential Flexicap Fund
- HDFC Flexi Cap Fund vs Kotak Flexicap Fund
- HDFC Flexi Cap Fund vs Aditya Birla Sun Life Flexi Cap Fund
ELSS Tax Saving
- Axis ELSS Tax Saver Fund vs SBI ELSS Tax Saver Fund
- Axis ELSS Tax Saver Fund vs Mirae Asset ELSS Tax Saver Fund
- Axis ELSS Tax Saver Fund vs DSP ELSS Tax Saver Fund
- Axis ELSS Tax Saver Fund vs HDFC ELSS Tax saver
- SBI ELSS Tax Saver Fund vs Mirae Asset ELSS Tax Saver Fund
- SBI ELSS Tax Saver Fund vs DSP ELSS Tax Saver Fund
Aggressive Hybrid
- SBI Aggresive Hybrid Fund vs ICICI Prudential Aggressive Hybrid Fund
- SBI Aggresive Hybrid Fund vs HDFC Aggressive Hybrid Fund
- SBI Aggresive Hybrid Fund vs DSP Aggressive Hybrid Fund
- SBI Aggresive Hybrid Fund vs Canara Robeco Aggressive Hybrid Fund
- ICICI Prudential Aggressive Hybrid Fund vs HDFC Aggressive Hybrid Fund
- ICICI Prudential Aggressive Hybrid Fund vs DSP Aggressive Hybrid Fund
Dividend Yield
- SBI Dividend Yield Fund vs ICICI Prudential Dividend Yield Fund
- SBI Dividend Yield Fund vs HDFC Dividend Yield Fund
- SBI Dividend Yield Fund vs UTI Dividend Yield Fund
- SBI Dividend Yield Fund vs Franklin India Dividend Yield Fund
- ICICI Prudential Dividend Yield Fund vs HDFC Dividend Yield Fund
- ICICI Prudential Dividend Yield Fund vs UTI Dividend Yield Fund
What is mutual fund portfolio overlap?
Portfolio overlap is the share of two funds' money that sits in the same stocks in the same amounts. Two flexi cap funds that both hold HDFC Bank, ICICI Bank and Reliance overlap by the smaller of their weights in each of those stocks.
How is portfolio overlap calculated?
For every stock both funds hold, take the smaller of the two weights, then add them up. If one fund holds HDFC Bank at 8% and the other at 5%, that stock adds 5% to the overlap. Only shares count; cash, bonds, deposits and REITs are left out. The figures use each fund's latest monthly portfolio disclosure.
Is high overlap between two funds bad?
Not by itself. RuDo studied 33,153 pairs of diversified equity funds over five years to September 2026. Funds from different fund houses with 50% to 70% overlap shared mostly the index's largest stocks, and holding both still made returns swing 12% to 15% less around the index than holding either one. Overlap above 70% came mostly from two funds of the same fund house, which hold nearly the same portfolio.
How often does the overlap change?
Fund houses disclose their portfolios every month, so the overlap is refreshed as each new disclosure arrives. It moves slowly for most diversified funds and faster for focused or high-turnover funds.
Also see rolling returns to compare how consistently two funds have performed. Past performance does not indicate future returns.