Motilal Oswal Contra Fund vs SBI Contra Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
5.2%
Low overlap
Largely different portfolios.
3
Common stocks
35
Only in Motilal Oswal Contra Fund
82
Only in SBI Contra Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
3 common stocks
Motilal Oswal Contra FundSBI Contra Fund| Stock | Motilal Oswal Contra Fund | SBI Contra Fund | Overlap |
|---|---|---|---|
| ICICI Bank LtdFinancial Services | 2.93% | 4.55% | 2.93% |
| Tech Mahindra LtdTechnology | 2.20% | 1.81% | 1.81% |
| Tata Consultancy Services LtdTechnology | 0.75% | 0.47% | 0.47% |
| Total | 5.88% | 6.83% | 5.21% |
Only in Motilal Oswal Contra Fund
35 stocks, 83.3% of the fund
- ABB India LtdIndustrials5.37%
- Bosch LtdConsumer Discretionary4.62%
- Solar Industries India LtdMaterials4.62%
- Dixon Technologies (India) LtdConsumer Discretionary4.11%
- Tempsens Instruments (India) LtdIndustrials4.03%
- PNB Housing Finance LtdFinancial Services3.99%
- Bajaj Finance LtdFinancial Services3.97%
- Uno Minda LtdConsumer Discretionary3.68%
- Schneider Electric Infrastructure LtdIndustrials3.09%
- Garware Hi-Tech Films LtdIndustrials2.66%
Only in SBI Contra Fund
82 stocks, 82.4% of the fund
- Reliance Industries LtdEnergy4.75%
- HDFC Bank LtdFinancial Services4.54%
- Biocon LtdHealthcare3.47%
- Kotak Mahindra Bank LtdFinancial Services2.87%
- Punjab National BankFinancial Services2.78%
- Indus Towers LtdCommunication Services2.62%
- Gail (India) LtdEnergy2.29%
- Torrent Power LtdUtilities2.29%
- Mahindra & Mahindra Financial Services LtdFinancial Services2.12%
- Tata Steel LtdMaterials2.02%
Check another pair
More Contra 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.