Bandhan Small Cap Fund vs Nippon India Small Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
8.7%
Low overlap
Largely different portfolios.
14
Common stocks
85
Only in Bandhan Small Cap Fund
85
Only in Nippon India Small Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
14 common stocks
Bandhan Small Cap FundNippon India Small Cap Fund| Stock | Bandhan Small Cap Fund | Nippon India Small Cap Fund | Overlap |
|---|---|---|---|
| State Bank Of IndiaFinancial Services | 1.88% | 1.28% | 1.28% |
| HDFC Bank LtdFinancial Services | 1.03% | 1.71% | 1.03% |
| eClerx Services LtdIndustrials | 1.09% | 0.83% | 0.83% |
| Paradeep Phosphates LtdAgriculture | 1.38% | 0.76% | 0.76% |
| PNB Housing Finance LtdFinancial Services | 1.36% | 0.66% | 0.66% |
| Apar Industries LtdIndustrials | 0.63% | 1.73% | 0.63% |
| Adani Wilmar LtdConsumer Staples | 0.96% | 0.61% | 0.61% |
| REC LtdFinancial Services | 2.42% | 0.45% | 0.45% |
| Crompton Greaves Consumer Electricals LtdConsumer Discretionary | 0.76% | 0.44% | 0.44% |
| Kotak Mahindra Bank LtdFinancial Services | 0.46% | 0.43% | 0.43% |
| Kirloskar Oil Engines LtdIndustrials | 0.42% | 0.86% | 0.42% |
| Cyient LtdTechnology | 1.66% | 0.40% | 0.40% |
| Axis Bank LtdFinancial Services | 0.38% | 0.94% | 0.38% |
| Aditya Birla Sun Life AMC LtdFinancial Services | 0.35% | 0.54% | 0.35% |
| Total | 14.78% | 11.64% | 8.67% |
Only in Bandhan Small Cap Fund
85 stocks, 52.9% of the fund
- Sobha LtdReal Estate2.40%
- LT Foods LtdConsumer Staples2.10%
- Cholamandalam Financial Holdings LtdFinancial Services1.63%
- Arvind LtdConsumer Discretionary1.56%
- South Indian Bank LtdFinancial Services1.48%
- Karnataka Bank LtdFinancial Services1.34%
- Sky Gold LtdConsumer Discretionary1.19%
- Yatharth Hospital & Trauma Care Services LtdHealthcare1.17%
- Jubilant Pharmova LtdHealthcare1.14%
- Shaily Engineering Plastics LtdIndustrials1.08%
Only in Nippon India Small Cap Fund
85 stocks, 55.9% of the fund
- Bharat Heavy Electricals LtdIndustrials1.85%
- TD Power Systems LtdIndustrials1.82%
- Karur Vysya Bank LtdFinancial Services1.34%
- Sundram Fasteners LtdConsumer Discretionary1.24%
- Acme Solar Holdings LtdUtilities1.19%
- SAI Life Sciences LtdHealthcare1.16%
- Multi Commodity Exchange of India LtdFinancial Services1.15%
- Avalon Technologies LtdIndustrials1.12%
- Zydus Wellness LtdConsumer Staples1.10%
- Kirloskar Brothers LtdIndustrials1.04%
Check another pair
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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.
Based on each fund's monthly portfolio disclosure. Past performance does not indicate future returns.