Portfolio Optimization

Mutual Fund Overlap Calculator

Are you paying two different fund managers to buy the exact same stocks? Calculate your redundant capital.

Your Portfolio Holdings

E.g., Parag Parikh Flexi Cap

E.g., HDFC Flexi Cap

Two Large Cap funds from different AMCs often have a 50% to 70% overlap because they track the same top 100 companies.

Overlap Analysis

Redundant Capital

₹2,25,000

This money is buying duplicates.

Total Portfolio₹10,00,000
Unique Capital₹7,75,000

The Illusion of Diversification

Many investors buy 5 to 6 different Mutual Funds thinking they are highly diversified. However, if they buy 4 different "Large Cap" funds, all 4 fund managers are simply buying HDFC Bank, Reliance, and TCS.

The Result: You are paying expense ratios to 4 different companies to do the exact same job. This is called "Di-worsification". You are better off buying a single NIFTY 50 Index Fund at a 0.1% expense ratio.