Mutual Fund Overlap Calculator
Compare any two mutual funds to find the percentage of common holdings, see every shared stock, and get a side-by-side comparison of NAV, AUM, expense ratio, returns and risk metrics — so you can spot unnecessary duplication in your portfolio before you invest.
Fund 1
Invesco India Contra Fund Direct-GrowthFund 2
SBI Contra Direct Plan-GrowthPortfolio Overlap
See how much of Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth's holdings overlap, and which stocks fall into each fund exclusively.
22.5% of the portfolio is common between Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth.
That is a low overlap — the two funds are largely invested in different stocks, so holding both can improve diversification.
Click a section of the diagram, or a tab below, to see which stocks fall in each part.
| 6.30% / 4.32% | 3.16% / 4.84% | ||
| 5.25% / 0.88% | 3.89% / 1.39% | ||
| 2.62% / 1.63% | 1.42% / 2.65% | ||
| 2.43% / 1.23% | 3.04% / 0.58% | ||
| 2.06% / 1.46% | 1.58% / 1.38% | ||
| 1.76% / 1.11% | 1.20% / 1.57% | ||
| 1.37% / 0.94% | 1.40% / 0.51% | ||
| 0.71% / 1.14% | 0.29% / 1.19% | ||
| 0.84% / 0.27% |
Quick Insights
22.5% of the combined portfolio weight is common between Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth.
17 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 6.30% of Invesco India Contra Fund Direct-Growth and 4.32% of SBI Contra Direct Plan-Growth.
Both funds belong to the same category — Equity: Value Oriented — which is a common reason for portfolio overlap.
Invesco India Contra Fund Direct-Growth has a lower expense ratio, cheaper by 0.06% per annum than the other fund.
SBI Contra Direct Plan-Growth manages a significantly larger AUM (about 2.4x) than the other fund.
Key Metrics — Side by Side
| Metric | Invesco India Contra Fund Direct-Growth | SBI Contra Direct Plan-Growth |
|---|---|---|
| NAV | ₹162.39 | ₹421.17 |
| AUM | ₹20.00k Cr | ₹47.36k Cr |
| Expense Ratio | 0.77% | 0.83% |
| Category | Equity: Value Oriented | Equity: Value Oriented |
| Benchmark | BSE 500 Total Return Index | BSE 500 Total Return Index |
| Launch Date | 31 Dec 2012 | 31 Dec 2012 |
| 1Y Return | 2.44% | 3.23% |
| 3Y Return (CAGR) | 16.96% | 14.01% |
| 5Y Return (CAGR) | 14.65% | 16.78% |
| Alpha | 3.80% | 1.48% |
| Sharpe Ratio | 0.67 | 0.53 |
| Risk (SEBI Riskometer) | Very High | Very High |
Frequently Asked Questions
What is the portfolio overlap between Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth?
Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth have a portfolio overlap of 22.5%. This means 22.5% of the combined portfolio weight (by the lower of the two weights for each shared stock) is invested in common stocks.
How many common stocks do Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth share?
Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth share 17 common stocks, including ICICI Bank Ltd., Reliance Industries Ltd., Larsen & Toubro Ltd.. You can see the full list with individual weights in the Shared Stocks table above.
Should I invest in both Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth?
Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth have a low overlap of 22.5%, meaning they are largely invested in different stocks. Holding both can genuinely add diversification to your portfolio. This isn't investment advice — evaluate based on your own goals and risk profile.
How do Invesco India Contra Fund Direct-Growth and SBI Contra Direct Plan-Growth compare on expense ratio and returns?
Invesco India Contra Fund Direct-Growth has an expense ratio of 0.77%, while SBI Contra Direct Plan-Growth has 0.83%. On a 3-year CAGR basis, Invesco India Contra Fund Direct-Growth has delivered 16.96% versus 14.01% for SBI Contra Direct Plan-Growth. See the full Key Metrics table above for AUM, alpha, Sharpe ratio and more.
What is mutual fund portfolio overlap?
Portfolio overlap is the percentage of common stocks held by two mutual fund schemes, weighted by how much of each fund's portfolio they represent. A high overlap means the two funds are effectively holding a similar basket of stocks, even if their names or categories differ.
How is mutual fund overlap calculated?
For every stock held by both funds, we take the smaller of the two portfolio weights and add these up across all common holdings. This gives a single overlap percentage — the share of the portfolio that is effectively duplicated if you invest in both funds.
Why does portfolio overlap matter?
If you hold two funds with high overlap, you are not getting as much diversification as you might think — a large part of your money is riding on the same set of stocks through two different schemes. Checking overlap before adding a new fund to your portfolio helps you avoid unnecessary duplication.
What is considered a high mutual fund overlap?
There is no fixed rule, but as a general guide: overlap below 30% is considered low (the funds are meaningfully different), 30–60% is moderate, and above 60% is considered high — at that point, holding both funds adds limited extra diversification.
How do I use this mutual fund overlap calculator?
Search and select any two mutual fund schemes in the boxes above. Once both are selected, we automatically calculate and display the % of common holdings, the list of shared stocks, and a side-by-side comparison of key metrics like AUM, expense ratio and returns.