HDFC Nifty India Digital Index Fund vs Invesco India Technology Fund

HDFC vs Invesco· Portfolio Overlap Analysis

46.7%High Overlap
15 common stocksRank #13734 / 20,000

Investor takeaway: At 46.7% 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 (15)

StockWt% in HDFC Nifty India Digital IndexWt% in Invesco India TechnologyOverlap
Infosys Limited
IT - Software
7.16%10.84%7.16%
Bharti Airtel Ltd.
Telecom - Services
8.14%6.71%6.71%
Eternal Limited
Retailing
7.98%5.36%5.36%
PB Fintech Limited
Financial Technology (Fintech)
6.06%4.95%4.95%
Fsn Ecommerce Ventures Limited (Nykaa)
Retailing
4.35%4.03%4.03%
Swiggy Limited
Retailing
4.84%3.39%3.39%
Persistent Systems Limited
IT - Software
3.39%6.56%3.39%
INFO EDGE (INDIA) LIMITED
Retailing
4.80%2.90%2.90%
Coforge Limited
IT - Software
2.61%5.18%2.61%
Tata Consultancy Services Ltd.
IT - Software
7.34%2.09%2.09%
MphasiS Limited.
IT - Software
1.72%4.26%1.72%
KPIT Technologies Ltd
IT - Software
0.83%1.75%0.83%
L&T Technology Services Ltd.
IT - Services
0.63%2.10%0.63%
AFFLE 3I LIMITED
IT - Services
0.57%1.56%0.57%
Sonata Software Ltd.
IT - Software
0.34%1.66%0.34%

Unique to HDFC Nifty India Digital Index

  • HCL Technologies Ltd.7.63%
  • Tech Mahindra Ltd.5.67%
  • One 97 Communications Limited5.35%

Unique to Invesco India Technology

  • Multi Commodity Exchange of India Limited7.34%
  • Meesho Ltd5.23%
  • Hitachi Energy India Limited4.09%

Sector Overlap Breakdown

IT - Software
18.1% (7)
Retailing
15.7% (4)
Telecom - Services
6.7% (1)
Financial Technology (Fintech)
5.0% (1)
IT - Services
1.2% (2)

More comparisons for HDFC Nifty India Digital Index

More comparisons for Invesco India Technology

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