HDFC Focused Fund vs SBI Focused Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
24.0%
Low overlap
Largely different portfolios.
5
Common stocks
24
Only in HDFC Focused Fund
21
Only in SBI Focused Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
5 common stocks
HDFC Focused FundSBI Focused Fund| Stock | HDFC Focused Fund | SBI Focused Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 9.49% | 7.66% | 7.66% |
| Kotak Mahindra Bank LtdFinancial Services | 5.74% | 5.73% | 5.73% |
| State Bank Of IndiaFinancial Services | 5.31% | 5.58% | 5.31% |
| Bharti Airtel LtdCommunication Services | 3.11% | 4.95% | 3.11% |
| Eicher Motors LtdConsumer Discretionary | 3.37% | 2.17% | 2.17% |
| Total | 27.02% | 26.09% | 23.98% |
Only in HDFC Focused Fund
24 stocks, 68.7% of the fund
- HDFC Bank LtdFinancial Services7.17%
- Axis Bank LtdFinancial Services6.91%
- Zomato LtdConsumer Discretionary4.80%
- Sun Pharmaceutical Industries LtdHealthcare4.19%
- HCL Technologies LtdTechnology3.96%
- Interglobe Aviation LtdTransportation & Logistics3.91%
- Maruti Suzuki India LtdConsumer Discretionary3.53%
- SBI Life Insurance Company LtdFinancial Services3.18%
- Aster Dm Healthcare LtdHealthcare2.98%
- Havells India LtdConsumer Discretionary2.68%
Only in SBI Focused Fund
21 stocks, 66.8% of the fund
- Bajaj Finance LtdFinancial Services8.46%
- Alphabet IncTechnology6.95%
- Muthoot Finance LtdFinancial Services4.76%
- Solar Industries India LtdMaterials4.32%
- Adani Power LtdUtilities4.25%
- Adani Transmission LtdUtilities4.15%
- EPAM Systems IncTechnology3.49%
- Life Insurance Corporation Of IndiaFinancial Services3.43%
- Sona Blw Precision Forgings LtdConsumer Discretionary3.01%
- Divi'S Laboratories LtdHealthcare2.90%
Check another pair
More Focused pairs
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.