HDFC Mid-Cap Fund vs Motilal Oswal Midcap 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.
7
Common stocks
72
Only in HDFC Mid-Cap Fund
23
Only in Motilal Oswal Midcap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
7 common stocks
HDFC Mid-Cap FundMotilal Oswal Midcap Fund| Stock | HDFC Mid-Cap Fund | Motilal Oswal Midcap Fund | Overlap |
|---|---|---|---|
| Coforge LtdTechnology | 2.86% | 5.79% | 2.86% |
| Persistent Systems LtdTechnology | 1.78% | 4.41% | 1.78% |
| PB Fintech LtdTechnology | 1.69% | 2.85% | 1.69% |
| Zomato LtdConsumer Discretionary | 1.30% | 6.46% | 1.30% |
| Dixon Technologies (India) LtdConsumer Discretionary | 0.71% | 3.44% | 0.71% |
| Bharti Hexacom LtdCommunication Services | 0.19% | 2.27% | 0.19% |
| Billionbrains Garage Ventures LtdFinancial Services | 0.18% | 3.43% | 0.18% |
| Total | 8.71% | 28.65% | 8.71% |
Only in HDFC Mid-Cap Fund
72 stocks, 84.2% of the fund
- Federal Bank LtdFinancial Services4.21%
- AU Small Finance Bank LtdFinancial Services3.98%
- Max Financial Services LtdFinancial Services3.79%
- Ipca Laboratories LtdHealthcare3.30%
- Glenmark Pharmaceuticals LtdHealthcare3.07%
- Indian BankFinancial Services3.06%
- Balkrishna Industries LtdConsumer Discretionary3.02%
- Fortis Healthcare LtdHealthcare2.69%
- Vishal Mega Mart LtdConsumer Discretionary2.31%
- Marico LtdConsumer Staples2.29%
Only in Motilal Oswal Midcap Fund
23 stocks, 67.7% of the fund
- One 97 Communications LtdTechnology9.07%
- Kalyan Jewellers India LtdConsumer Discretionary8.13%
- KEI Industries LtdIndustrials5.16%
- Aditya Birla Capital LtdFinancial Services4.87%
- Shriram Finance LtdFinancial Services3.66%
- Multi Commodity Exchange of India LtdFinancial Services3.43%
- Sterlite Technologies LtdTechnology3.30%
- Tube Investments Of India LtdConsumer Discretionary2.67%
- L&T Finance Holdings LtdFinancial Services2.40%
- ICICI Prudential Asset Management Co LtdFinancial Services2.39%
Check another pair
More Mid Cap 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.