HDFC Small Cap Fund vs Quant Small Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
3.4%
Low overlap
Largely different portfolios.
7
Common stocks
78
Only in HDFC Small Cap Fund
82
Only in Quant Small Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
7 common stocks
HDFC Small Cap FundQuant Small Cap Fund| Stock | HDFC Small Cap Fund | Quant Small Cap Fund | Overlap |
|---|---|---|---|
| Aster Dm Healthcare LtdHealthcare | 3.56% | 2.27% | 2.27% |
| Gabriel India LtdConsumer Discretionary | 3.25% | 0.35% | 0.35% |
| Redington LtdIndustrials | 1.16% | 0.32% | 0.32% |
| Sonata Software LtdTechnology | 1.40% | 0.20% | 0.20% |
| Sula Vineyards LtdConsumer Staples | 0.21% | 0.09% | 0.09% |
| Sudarshan Chemical Indus. LtdMaterials | 1.75% | 0.07% | 0.07% |
| Emami LtdConsumer Staples | 0.29% | 0.06% | 0.06% |
| Total | 11.62% | 3.36% | 3.36% |
Only in HDFC Small Cap Fund
78 stocks, 78.0% of the fund
- Firstsource Solutions LtdIndustrials3.71%
- eClerx Services LtdIndustrials3.09%
- Bank Of BarodaFinancial Services2.67%
- Indian BankFinancial Services2.08%
- Krishna Institute of Medical Sciences LtdHealthcare2.01%
- Eris Lifesciences LtdHealthcare2.00%
- Apar Industries LtdIndustrials1.90%
- Federal Bank LtdFinancial Services1.77%
- Pearl Global Industries LtdConsumer Discretionary1.77%
- Home First Finance Company India LtdFinancial Services1.69%
Only in Quant Small Cap Fund
82 stocks, 85.6% of the fund
- HFCL LtdCommunication Services6.70%
- RBL Bank LtdFinancial Services4.51%
- Adani Enterprises LtdMaterials4.30%
- Adani Power LtdUtilities3.34%
- Aegis Logistics LtdEnergy3.21%
- Welspun Corp LtdIndustrials2.98%
- Anand Rathi Wealth LtdFinancial Services2.94%
- Piramal Finance LtdFinancial Services2.80%
- Sona Blw Precision Forgings LtdConsumer Discretionary2.62%
- Manappuram Finance LtdFinancial Services2.50%
Check another pair
More Small 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.