HDFC Large Cap Fund vs Mirae Asset Large Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
49.1%
Moderate overlap
Some shared stocks, different bets.
26
Common stocks
21
Only in HDFC Large Cap Fund
46
Only in Mirae Asset Large Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
26 common stocks
HDFC Large Cap FundMirae Asset Large Cap Fund| Stock | HDFC Large Cap Fund | Mirae Asset Large Cap Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 10.05% | 8.97% | 8.97% |
| HDFC Bank LtdFinancial Services | 6.88% | 8.57% | 6.88% |
| Bharti Airtel LtdCommunication Services | 6.23% | 5.06% | 5.06% |
| Reliance Industries LtdEnergy | 4.78% | 5.15% | 4.78% |
| Axis Bank LtdFinancial Services | 3.49% | 3.71% | 3.49% |
| Infosys LtdTechnology | 2.76% | 3.93% | 2.76% |
| Zomato LtdConsumer Discretionary | 2.49% | 2.72% | 2.49% |
| Larsen & Toubro LtdIndustrials | 1.99% | 3.50% | 1.99% |
| State Bank Of IndiaFinancial Services | 1.89% | 3.18% | 1.89% |
| Kotak Mahindra Bank LtdFinancial Services | 5.71% | 1.61% | 1.61% |
| NTPC LtdUtilities | 1.83% | 1.05% | 1.05% |
| Eicher Motors LtdConsumer Discretionary | 1.03% | 1.51% | 1.03% |
| Ambuja Cements LtdMaterials | 2.24% | 0.87% | 0.87% |
| Titan Company LtdConsumer Discretionary | 5.27% | 0.83% | 0.83% |
| Indusind Bank LtdFinancial Services | 1.57% | 0.71% | 0.71% |
| Adani Ports And Special Economic Zone LtdTransportation & Logistics | 0.87% | 0.66% | 0.66% |
| Mahindra & Mahindra LtdConsumer Discretionary | 0.65% | 3.06% | 0.65% |
| Max Healthcare Institute LtdHealthcare | 1.72% | 0.63% | 0.63% |
| Interglobe Aviation LtdTransportation & Logistics | 1.97% | 0.48% | 0.48% |
| Bharat Electronics LtdIndustrials | 0.47% | 0.61% | 0.47% |
| Swiggy LtdConsumer Discretionary | 1.30% | 0.46% | 0.46% |
| Life Insurance Corporation Of IndiaFinancial Services | 0.41% | 0.81% | 0.41% |
| Billionbrains Garage Ventures LtdFinancial Services | 0.28% | 0.67% | 0.28% |
| DLF LtdReal Estate | 0.37% | 0.28% | 0.28% |
| Maruti Suzuki India LtdConsumer Discretionary | 0.24% | 2.52% | 0.24% |
| SBI Life Insurance Company LtdFinancial Services | 0.17% | 0.86% | 0.17% |
| Total | 66.66% | 62.41% | 49.14% |
Only in HDFC Large Cap Fund
21 stocks, 31.9% of the fund
- Torrent Pharmaceuticals LtdHealthcare4.04%
- Bajaj Finserv LtdFinancial Services3.33%
- Bajaj Auto LtdConsumer Discretionary2.93%
- Lupin LtdHealthcare2.53%
- Cholamandalam Investment and Finance Company LtdFinancial Services2.44%
- TML Commercial Vehicles LtdIndustrials2.02%
- United Spirits LtdConsumer Staples1.78%
- Mankind Pharma LtdHealthcare1.66%
- ICICI Prudential Asset Management Co LtdFinancial Services1.43%
- Vishal Mega Mart LtdConsumer Discretionary1.37%
Only in Mirae Asset Large Cap Fund
46 stocks, 36.9% of the fund
- Tata Consultancy Services LtdTechnology2.19%
- ITC LtdConsumer Staples2.13%
- Shriram Finance LtdFinancial Services1.97%
- One 97 Communications LtdTechnology1.89%
- Bajaj Finance LtdFinancial Services1.85%
- Asian Paints LtdConsumer Discretionary1.50%
- Britannia Industries LtdConsumer Staples1.48%
- Sun Pharmaceutical Industries LtdHealthcare1.44%
- Vedanta Aluminium Metal LtdMaterials1.37%
- Tata Steel LtdMaterials1.34%
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.