Mirae Asset Large & Midcap Fund vs SBI Large & Midcap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
28.8%
Moderate overlap
Some shared stocks, different bets.
22
Common stocks
59
Only in Mirae Asset Large & Midcap Fund
63
Only in SBI Large & Midcap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
22 common stocks
Mirae Asset Large & Midcap FundSBI Large & Midcap Fund| Stock | Mirae Asset Large & Midcap Fund | SBI Large & Midcap Fund | Overlap |
|---|---|---|---|
| HDFC Bank LtdFinancial Services | 5.99% | 6.36% | 5.99% |
| ICICI Bank LtdFinancial Services | 3.90% | 3.98% | 3.90% |
| Axis Bank LtdFinancial Services | 3.43% | 3.38% | 3.38% |
| State Bank Of IndiaFinancial Services | 3.08% | 2.88% | 2.88% |
| Bharat Forge LtdConsumer Discretionary | 1.66% | 2.34% | 1.66% |
| Swiggy LtdConsumer Discretionary | 1.54% | 2.05% | 1.54% |
| Divi'S Laboratories LtdHealthcare | 1.39% | 1.86% | 1.39% |
| FSN E-Commerce Ventures LtdConsumer Discretionary | 1.33% | 1.49% | 1.33% |
| Gland Pharma LtdHealthcare | 1.23% | 2.17% | 1.23% |
| Delhivery LtdTransportation & Logistics | 1.97% | 0.99% | 0.99% |
| Infosys LtdTechnology | 1.34% | 0.94% | 0.94% |
| Lupin LtdHealthcare | 1.88% | 0.79% | 0.79% |
| Tata Steel LtdMaterials | 0.61% | 0.60% | 0.60% |
| Godrej Consumer Products LtdConsumer Staples | 0.49% | 1.00% | 0.49% |
| Vedanta Aluminium Metal LtdMaterials | 1.58% | 0.41% | 0.41% |
| Hero Motocorp LtdConsumer Discretionary | 1.87% | 0.37% | 0.37% |
| Tata Motors LtdConsumer Discretionary | 0.48% | 0.26% | 0.26% |
| Go Digit General Insurance LtdFinancial Services | 0.92% | 0.23% | 0.23% |
| Gujarat Gas LtdEnergy | 0.68% | 0.17% | 0.17% |
| Sun Pharmaceutical Industries LtdHealthcare | 1.29% | 0.14% | 0.14% |
| JSW Energy LtdUtilities | 0.03% | 0.92% | 0.03% |
| GSPL Transmission LtdEnergy | 0.14% | 0.03% | 0.03% |
| Total | 36.83% | 33.36% | 28.75% |
Only in Mirae Asset Large & Midcap Fund
59 stocks, 62.2% of the fund
- Laurus Labs LtdHealthcare3.79%
- Reliance Industries LtdEnergy2.93%
- PB Fintech LtdTechnology2.67%
- Steel Authority Of India LtdMaterials2.26%
- Bharti Airtel LtdCommunication Services2.19%
- Indusind Bank LtdFinancial Services1.96%
- Hindalco Industries LtdMaterials1.94%
- HDB Financial Services LtdFinancial Services1.88%
- Dalmia Bharat LtdMaterials1.87%
- SBI Life Insurance Company LtdFinancial Services1.87%
Only in SBI Large & Midcap Fund
63 stocks, 65.3% of the fund
- Balkrishna Industries LtdConsumer Discretionary2.53%
- Asian Paints LtdConsumer Discretionary2.41%
- TML Commercial Vehicles LtdIndustrials2.37%
- Berger Paints India LtdConsumer Discretionary2.35%
- Ashok Leyland LtdIndustrials2.32%
- Adani Enterprises LtdMaterials2.31%
- Biocon LtdHealthcare2.29%
- Aurobindo Pharma LtdHealthcare1.91%
- Ltimindtree LtdTechnology1.89%
- Abbott India LtdHealthcare1.88%
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.