Motilal Oswal Midcap Fund vs Nippon India Growth Mid Cap Fund
Portfolio overlap: how much of the two funds sits in the same stocks. Holdings as of Aug 2026.
Portfolio overlap
18.5%
Low overlap
Largely different portfolios.
12
Common stocks
18
Only in Motilal Oswal Midcap Fund
86
Only in Nippon India Growth Mid Cap Fund
Overlap adds the smaller weight of each common stock. Shares only; cash, bonds and REITs left out.
12 common stocks
Motilal Oswal Midcap FundNippon India Growth Mid Cap Fund| Stock | Motilal Oswal Midcap Fund | Nippon India Growth Mid Cap Fund | Overlap |
|---|---|---|---|
| Multi Commodity Exchange of India LtdFinancial Services | 3.43% | 2.80% | 2.80% |
| Zomato LtdConsumer Discretionary | 6.46% | 2.39% | 2.39% |
| One 97 Communications LtdTechnology | 9.07% | 2.00% | 2.00% |
| Persistent Systems LtdTechnology | 4.41% | 1.76% | 1.76% |
| BSE LtdFinancial Services | 1.76% | 2.45% | 1.76% |
| Samvardhana Motherson International LtdConsumer Discretionary | 2.21% | 1.70% | 1.70% |
| Tube Investments Of India LtdConsumer Discretionary | 2.67% | 1.42% | 1.42% |
| Max Healthcare Institute LtdHealthcare | 1.29% | 1.46% | 1.29% |
| Dixon Technologies (India) LtdConsumer Discretionary | 3.44% | 1.19% | 1.19% |
| Prestige Estates Projects LtdReal Estate | 2.37% | 1.16% | 1.16% |
| Bharat Electronics LtdIndustrials | 1.90% | 0.79% | 0.79% |
| Interglobe Aviation LtdTransportation & Logistics | 1.73% | 0.28% | 0.28% |
| Total | 40.74% | 19.40% | 18.54% |
Only in Motilal Oswal Midcap Fund
18 stocks, 55.6% of the fund
- Kalyan Jewellers India LtdConsumer Discretionary8.13%
- Coforge LtdTechnology5.79%
- KEI Industries LtdIndustrials5.16%
- Aditya Birla Capital LtdFinancial Services4.87%
- Shriram Finance LtdFinancial Services3.66%
- Billionbrains Garage Ventures LtdFinancial Services3.43%
- Sterlite Technologies LtdTechnology3.30%
- PB Fintech LtdTechnology2.85%
- L&T Finance Holdings LtdFinancial Services2.40%
- ICICI Prudential Asset Management Co LtdFinancial Services2.39%
Only in Nippon India Growth Mid Cap Fund
86 stocks, 79.2% of the fund
- AU Small Finance Bank LtdFinancial Services2.93%
- Federal Bank LtdFinancial Services2.80%
- Info Edge (India) LtdConsumer Discretionary2.64%
- Fortis Healthcare LtdHealthcare2.61%
- REC LtdFinancial Services2.20%
- Bharat Forge LtdConsumer Discretionary2.05%
- GE T&D India LtdIndustrials1.99%
- Mankind Pharma LtdHealthcare1.81%
- ICICI Lombard General Insurance Company LtdFinancial Services1.79%
- Varun Beverages LtdConsumer Staples1.72%
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.