HDFC Banking & Financial Services Fund vs Invesco India Financial Services Fund

HDFC vs Invesco· Portfolio Overlap Analysis

57.3%High Overlap
16 common stocksRank #6032 / 20,000

Investor takeaway: At 57.3% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (16)

StockWt% in HDFC Banking & Financial ServiWt% in Invesco India Financial ServicOverlap
HDFC Bank Ltd.
Banks
16.63%15.27%15.27%
ICICI Bank Ltd.
Banks
13.99%13.61%13.61%
Axis Bank Ltd.
Banks
8.71%6.44%6.44%
Shriram Finance Ltd.
Finance
4.89%4.79%4.79%
Karur Vysya Bank Ltd.
Banks
2.33%5.27%2.33%
SBI Life Insurance Company Ltd.
Insurance
3.12%2.08%2.08%
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED
Capital Markets
1.98%4.53%1.98%
CanFin Homes Ltd.
Finance
1.94%2.25%1.94%
Indusind Bank Ltd.
Banks
1.63%2.33%1.63%
Max Financial Services Ltd.
Insurance
1.61%1.63%1.61%
Equitas Small Finance Bank Ltd
Banks
1.53%1.35%1.35%
ICICI Lombard General Insurance Co
Insurance
2.21%1.13%1.13%
Home First Finance Company India Ltd
Finance
1.68%1.01%1.01%
PB Fintech Limited
Financial Technology (Fintech)
0.77%2.04%0.77%
Multi Commodity Exchange of India L
Capital Markets
0.70%6.82%0.70%
Medi Assist Healthcare Services Limited
Insurance
0.70%0.66%0.66%

Unique to HDFC Banking & Financial Servi

  • Kotak Mahindra Bank Limited8.13%
  • State Bank of India7.46%
  • Bajaj Finance Ltd.4.36%
  • Au Small Finance Bank Ltd.2.97%

Unique to Invesco India Financial Servic

  • Cholamandalam Investment and Finance Company Limited3.42%
  • Central Depository Services (India) Limited2.94%
  • Bank of Baroda2.90%

Sector Overlap Breakdown

Banks
40.6% (6)
Finance
7.7% (3)
Insurance
5.5% (4)
Capital Markets
2.7% (2)
Financial Technology (Fintech)
0.8% (1)

More comparisons for HDFC Banking & Financial Servi

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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.