Invesco India Balanced Advantage Fund vs Parag Parikh Large Cap Fund

Invesco vs PPFAS· Portfolio Overlap Analysis

47.9%High Overlap
31 common stocksRank #12351 / 20,000

Investor takeaway: At 47.9% 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 (31)

StockWt% in Invesco India Balanced AdvantaWt% in Parag Parikh Large CapOverlap
HDFC Bank Limited
Banks
8.52%9.77%8.52%
ICICI Bank Limited
Banks
4.74%7.17%4.74%
Reliance Industries Limited
Petroleum Products
4.41%6.82%4.41%
Larsen & Toubro Limited
Construction
4.01%3.64%3.64%
Infosys Limited
IT - Software
3.29%3.30%3.29%
Kotak Mahindra Bank Ltd
Banks
2.58%2.25%2.25%
Tata Consultancy Services Limited
IT - Software
2.40%1.95%1.95%
Axis Bank Limited
Banks
1.69%2.91%1.69%
Bajaj Finance Ltd
Finance
1.52%1.92%1.52%
Hindustan Unilever Limited
Diversified FMCG
1.60%1.50%1.50%
Mahindra & Mahindra Limited
Automobiles
1.43%2.20%1.43%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
2.36%1.33%1.33%
ITC Limited
Diversified FMCG
1.32%2.19%1.32%
Eternal Limited
Retailing
3.52%1.28%1.28%
UltraTech Cement Limited
Cement & Cement Products
1.44%1.09%1.09%
InterGlobe Aviation Limited
Transport Services
1.00%0.79%0.79%
Grasim Industries Limited
Cement & Cement Products
0.96%0.78%0.78%
SBI Life Insurance Company Limited
Insurance
1.53%0.66%0.66%
Trent Limited
Retailing
1.16%0.63%0.63%
Jio Financial Services Limited
Finance
1.00%0.61%0.61%
Max Healthcare Institute Limited
Healthcare Services
1.23%0.59%0.59%
Tech Mahindra Limited
IT - Software
0.56%0.62%0.56%
Britannia Industries Limited
Food Products
1.47%0.51%0.51%
Bharat Electronics Limited
Aerospace & Defense
0.47%1.15%0.47%
Varun Beverages Ltd
Beverages
1.04%0.45%0.45%
Godrej Consumer Products Limited
Personal Products
1.48%0.35%0.35%
Power Grid Corporation of India Limited
Power
0.34%0.98%0.34%
ICICI Lombard General Insurance Company Limited
Insurance
1.60%0.33%0.33%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.61%0.33%0.33%
Bank of Baroda
Banks
0.27%0.43%0.27%
Hyundai Motor India Ltd
Automobiles
1.90%0.23%0.23%

Unique to Invesco India Balanced Advanta

All top holdings are shared with the other fund.

Unique to Parag Parikh Large Cap

  • Bharti Airtel Limited3.79%
  • State Bank of India3.61%

Sector Overlap Breakdown

Banks
17.5% (5)
IT - Software
5.8% (3)
Petroleum Products
4.4% (1)
Construction
3.6% (1)
Diversified FMCG
2.8% (2)
Finance
2.1% (2)
Retailing
1.9% (2)
Cement & Cement Products
1.9% (2)
Automobiles
1.7% (2)
Pharmaceuticals & Biotechnology
1.7% (2)
Insurance
1.0% (2)
Transport Services
0.8% (1)
Healthcare Services
0.6% (1)
Food Products
0.5% (1)
Aerospace & Defense
0.5% (1)
Beverages
0.5% (1)
Personal Products
0.3% (1)
Power
0.3% (1)

More comparisons for Invesco India Balanced Advanta

More comparisons for Parag Parikh Large Cap

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