High disclosed overlap under the stated educational bands.
Diagnose · Disclosed portfolio X-ray
Mutual Fund Portfolio Overlap & X-Ray
Measure common holdings, weighted portfolio overlap, duplicate stocks and sector concentration using dated AMC portfolio disclosures and transparent formulas.
Disclosed holdings x-ray
Count the underlying bets, not the folios.
Only schemes with holdings loaded from a dated AMC portfolio are selectable. Cash, debt and unlisted residuals are outside the equity overlap result.
Positions appearing in at least two selected disclosed portfolios.
Allocation-weighted across the selected funds.
Consolidated holdings
Sector exposure
PPFAS Flexi Cap — 85.54% of scheme NAV is represented by loaded positions, dated 30 Jun 2026.
PPFAS ELSS — 96.57% of scheme NAV is represented by loaded positions, dated 30 Jun 2026.
The Owl view
Three folios can still be one concentrated bet. The X-ray consolidates disclosed positions by the money allocated and measures pairwise overlap as the sum of the lower weight in every common security.
Method, not magic
If Fund A holds a company at 8% and Fund B at 5%, that company contributes 5 percentage points to pairwise overlap. The consolidated portfolio weights each fund by the entered investment amount before grouping securities and sectors.
- Only the loaded disclosed positions are analysed; cash, derivatives, debt and omitted residual positions may matter.
- Names must match across source files, so mergers, aliases or security renaming can reduce measured overlap.
- Low stock overlap does not rule out common factor, sector, duration or liquidity risk.
Evidence architecture
One tool. Several clocks.
A live badge applies only to the field fetched live. It never upgrades a June portfolio or factsheet statistic into an August value.
- 01MFAPI
Latest available NAV and daily historical NAV series. No authentication. Browser-cached for six hours.
- 02AMC disclosures
Scheme mandate, TER, AUM, portfolio holdings, published returns and risk statistics on their stated dates.
- 03AssetsNest calculations
Overlap, consolidation, rolling-return, drawdown, recovery and SIP arithmetic with visible assumptions.
Source desk
Open the underlying evidence.
For any transaction, verify the latest scheme document, factsheet, portfolio, NAV and tax position directly with the AMC, AMFI and applicable regulator.
MFAPI.in — API documentation for NAV and NAV historyLive NAV/history API ↗PPFAS Mutual Fund — June 2026 digital factsheetPrimary / official source ↗HDFC Mutual Fund — June 2026 factsheet deskPrimary / official source ↗HDFC Mutual Fund — monthly portfolios dated 30 June 2026Primary / official source ↗AMFI — official NAV download and historical NAV filesPrimary / official source ↗AMFI — official mutual fund data deskPrimary / official source ↗PPFAS Mutual Fund — official NAV historyPrimary / official source ↗
Questions investors ask
Clear answers, including the inconvenient parts.
What is mutual fund portfolio overlap?
For two funds, this tool adds the lower disclosed weight for every security held by both. If one holds HDFC Bank at 8% and another at 5%, that stock contributes 5 percentage points of overlap.
How much overlap is high?
AssetsNest labels under 20% low, 20% to under 40% moderate and 40% or more high. These are transparent educational bands—not suitability verdicts.
Does owning more funds guarantee diversification?
No. Several funds can own many of the same large positions or follow the same category style. Consolidated exposure matters more than the count of folios.
Is the X-ray complete?
Only funds with a verified portfolio loaded into this snapshot are selectable. The coverage figure and disclosure date remain visible so a partial file is not mistaken for a full current portfolio.
AssetsNest mutual fund tools are for education and research. They do not assess personal suitability and do not constitute investment, legal or tax advice, an offer, solicitation or recommendation. MFAPI is an independent third-party service; availability and data quality are not controlled by AssetsNest. Past performance does not indicate future results. Verify current data with the AMC and AMFI before acting. AssetsNest Investor Services — ARN 318691.