Portfolio Overlap Checker
See how much two mutual funds actually duplicate each other: their common holdings, the portfolio overlap percentage and a diversification score. Useful before adding a second fund that may hold the same stocks.
Pick two funds to see how much their portfolios overlap.
Overlap is computed from each fund's latest disclosed equity holdings and weights, which change over time. Overlap % is the sum of the smaller weight of each common stock. This is factual information only, not a recommendation to buy, sell or hold any scheme. High overlap between two funds in a portfolio can mean less real diversification. Consult your mutual fund distributor before investing.
How to read the overlap result
Two funds can look different by name yet hold largely the same stocks. The overlap percentage is the share of the portfolios that is common by weight. A classic example is two flexi-cap or two large-cap funds, which often pull from the same set of large Indian companies and so overlap heavily. Pairing a flexi cap with a small cap, or an active fund with an index fund, usually shows much lower overlap and adds more genuine diversification.
Use this alongside the fund comparison tool and each fund's holdings and returns page, then talk to your distributor before changing your portfolio.