Similar Mutual Funds Finder: Ranked by Overlap

Last updated 2 Nov 2026

Your fund

HDFC Flexicap FundFlexi cap · Direct · Growth · 81 stocksHoldings Sep 2026

Funds most similar to HDFC Flexicap Fund

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Example: HDFC Flexicap Fund against 922 other equity and hybrid funds, using live data. Search above to use your own fund.

Most similar portfolio

HDFC ELSS Tax Saver Fund

63% overlap · 39 stocks in common

Funds with 40% or more overlap

out of the 20 results shown, across 6 categories

Most similar fund from another category

HDFC ELSS Tax Saver Fund

ELSS · 63% overlap, despite a different category

Ranked by overlap

Returns

Funds ranked by portfolio overlap with HDFC Flexicap Fund, with category, stocks in common, expense ratio and 3-yr return
#	Fund	Category	Overlap with HDFC Flexicap	Stocks in common	Expense ratio (direct)	3-yr return
1	HDFC ELSS Tax Saver FundELSS · 39 in common · Expense ratio 1.19% · 3-yr return 11.1%	ELSS	63%	39	1.19%	11.1%
2	HDFC Focused FundFocused · 24 in common · Expense ratio 0.82% · 3-yr return 14.1%	Focused	60%	24	0.82%	14.1%
3	LIC MF Large Cap FundLarge cap · 22 in common · Expense ratio 1.37% · 3-yr return 6.5%	Large cap	50%	22	1.37%	6.5%
4	UTI Nifty 50 Index Fund and 24 other funds tracking the same index Zerodha Nifty 50 Index Fund49% Nippon India Index Fund Nifty 5049% Jioblackrock Nifty 50 Index Fund49% SBI Nifty Index Fund49% Motilal Oswal Nifty 50 Index Fund49% Navi Nifty 50 Index Fund49% DSP Nifty 50 Index Fund49% HDFC Nifty 50 Index Fund49% Navi ELSS Tax Saver Nifty 50 Index Fund49% Aditya Birla Sun Life Nifty 50 Index Fund49% Groww Nifty 50 Index Fund49% ICICI Prudential Nifty 50 Index Fund49% Choice Nifty 50 Index Fund49% Baroda BNP Paribas Nifty 50 Index Fund49% Franklin India NSE Nifty 50 Index Fund49% Tata Nifty 50 Index Fund48% Mirae Asset Nifty 50 Index Fund48% HSBC Nifty 50 Index Fund48% Bajaj Finserv Nifty 50 Index Fund48% Edelweiss Nifty 50 Index Fund48% Kotak Nifty 50 Index Fund48% Taurus Nifty Index Fund48% Angel ONE Nifty 50 Index Fund48% Axis Nifty 50 Index Fund47% Index · 27 in common · Expense ratio 0.25% · 3-yr return 5.1%	Index	49%	27	0.25%	5.1%
5	Canara Robeco Large Cap FundLarge cap · 26 in common · Expense ratio 0.63% · 3-yr return 8.4%	Large cap	48%	26	0.63%	8.4%
6	PGIM India Large Cap FundLarge cap · 26 in common · Expense ratio 1.09% · 3-yr return 6.1%	Large cap	48%	26	1.09%	6.1%
7	Franklin India ELSS Tax Saver FundELSS · 23 in common · Expense ratio 1.15% · 3-yr return 8.5%	ELSS	48%	23	1.15%	8.5%
8	Franklin India Flexi Cap FundFlexi cap · 26 in common · Expense ratio 0.99% · 3-yr return 8.9%	Flexi cap	47%	26	0.99%	8.9%
9	ICICI Prudential Large Cap FundLarge cap · 35 in common · Expense ratio 1.01% · 3-yr return 8.9%	Large cap	47%	35	1.01%	8.9%
10	HDFC Nifty 100 Index FundIndex · 33 in common · Expense ratio 0.36% · 3-yr return 6.7%	Index	46%	33	0.36%	6.7%
11	UTI Large Cap FundLarge cap · 28 in common · Expense ratio 1.19% · 3-yr return 5.8%	Large cap	46%	28	1.19%	5.8%
12	Parag Parikh Large Cap FundLarge cap · 33 in common · Expense ratio 0.32% · 3-yr return –	Large cap	46%	33	0.32%	–
13	DSP Large Cap FundLarge cap · 20 in common · Expense ratio 1.18% · 3-yr return 9.3%	Large cap	45%	20	1.18%	9.3%
14	Whiteoak Capital Large Cap FundLarge cap · 28 in common · Expense ratio 0.91% · 3-yr return 11.6%Holdings Aug 2026	Large cap	45%	28	0.91%	11.6%
15	HDFC BSE Sensex Index Fund and 10 other funds tracking the same index Zerodha BSE Sensex Index Fund45% Nippon India Index Fund BSE Sensex45% SBI BSE Sensex Index Fund45% Tata S&P BSE Sensex Index Fund45% UTI BSE Sensex Index Fund45% ICICI Prudential BSE Sensex Index Fund45% Navi BSE Sensex Index Fund45% Invesco India BSE Sensex Index Fund45% Kotak BSE Sensex Index Fund45% Axis BSE Sensex Index Fund44% Index · 17 in common · Expense ratio 0.22% · 3-yr return 3.6%	Index	45%	17	0.22%	3.6%
16	HDFC Value FundValue · 33 in common · Expense ratio 1.11% · 3-yr return 14.1%	Value	45%	33	1.11%	14.1%
17	Kotak Large Cap FundLarge cap · 27 in common · Expense ratio 0.76% · 3-yr return 8.4%Holdings Aug 2026	Large cap	45%	27	0.76%	8.4%
18	Tata Large Cap FundLarge cap · 21 in common · Expense ratio 1.25% · 3-yr return 8.3%	Large cap	44%	21	1.25%	8.3%
19	Sundaram Large Cap FundLarge cap · 20 in common · Expense ratio 0.73% · 3-yr return 6.2%	Large cap	44%	20	0.73%	6.2%
20	Axis Large Cap FundLarge cap · 23 in common · Expense ratio 0.92% · 3-yr return 7.1%Holdings May 2026	Large cap	44%	23	0.92%	7.1%

Very high, over 60%
High, 40–60%
Moderate, 20–40%

Similar holdings do not mean similar future returns. Expense ratio and returns are shown as facts and play no part in the ranking; funds under 20% overlap are left out.

Top stocks HDFC Flexicap and HDFC ELSS Tax Saver both hold

Open in the overlap checker

39 stocks in common, 63% overlap by weight. The 10 largest by overlap counted are below; the overlap checker lists them all.

Stocks held by both HDFC Flexicap Fund and HDFC ELSS Tax Saver Fund, with each fund’s weight and the overlap counted
Stock	In HDFC Flexicap	In HDFC ELSS Tax Saver	Overlap counted
ICICI Bank	8.8%	9.1%	8.8%
Axis Bank	6.1%	6.6%	6.1%
HDFC Bank	6.0%	7.9%	6.0%
State Bank of India	3.9%	4.5%	3.9%
Kotak Mahindra Bank	3.4%	4.9%	3.4%
SBI Life Insurance Company	3.3%	3.2%	3.2%
Bharti Airtel	2.6%	4.5%	2.6%
Maruti Suzuki India	2.6%	4.4%	2.6%
HCL Technologies	2.4%	2.9%	2.4%
Eternal	3.5%	2.4%	2.4%

Source: AMC monthly portfolio disclosures, holdings as of May 2026 to Sep 2026; equity holdings only, compared across 923 funds. Expense ratio and returns: direct plan, growth option, as of 30 Oct 2026; 3 and 5-year returns are annualised (CAGR).

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What makes two mutual funds similar?

Most sites call funds similar when they sit in the same SEBI category or follow the same benchmark. That says what a fund is allowed to buy, not what it actually holds. A flexi cap fund can look a lot like a large cap fund, and two flexi cap funds can share very few stocks. This finder ranks funds by their real holdings instead.

How the finder ranks funds

For each other fund, we take every stock both funds hold, count the smaller of its two weights, and add them up. If HDFC Bank is 9.8% of your fund and 8.1% of another, it adds 8.1% to their overlap. Funds are then sorted from the highest overlap down, with ties broken by the number of stocks in common.

Overlap (your fund, other fund) = sum of min(weight in yours, weight in the other) across stocks both hold

A worked example: if the two funds share four stocks weighted 9.8% and 8.1%, 8.2% and 7.4%, 7.1% and 5.0%, and 5.6% and 4.9%, the overlap is 8.1 + 7.4 + 5.0 + 4.9 = 25.4%.

Holdings come from each fund’s latest monthly portfolio disclosure. Stocks are matched on ISIN, and cash, debt and other assets are left out. Weights are a share of the whole fund, so for a hybrid fund only the equity part counts: a fund with 65% in equity can never show more than 65% overlap. Direct, regular and IDCW plans of one scheme hold the same portfolio, so a scheme appears once and never against itself. Index funds that track the same index hold almost identical portfolios, so they share one row. The number for any pair is the same one the mutual fund overlap checker shows.

Expense ratios and 1, 3 and 5-year returns are for the growth option of the same plan type as your fund (direct when you pick a direct plan), from Kalpi’s daily fund data. They are shown as facts and play no part in the ranking.

How to read the list

Overlap	What it means
Over 60%	The two portfolios are close; they will tend to move together.
40 to 60%	A large shared core, with real differences around it.
20 to 40%	Some common names; mostly different portfolios.
Under 20%	Not shown: the funds hold mostly different stocks.

A similar portfolio does not mean similar returns, cost or risk from here on. Fund managers change holdings every month, and expense ratios differ. Use the list to understand what you hold, not as a ranking of funds. To put two funds side by side on returns, risk and cost, use compare mutual funds; to check every fund you own against the others, try the Kalpi portfolio analyser.

How do I find mutual funds similar to the one I hold?

Pick your fund above. The finder compares its latest portfolio with every other equity and hybrid fund and lists the ones that hold the most of the same stocks, with their overlap, category, expense ratio and returns side by side.

Are funds in the same category always similar?

No. A category sets what a fund may buy, such as at least 80% in large companies. Within that, managers pick very different stocks, so two funds in one category can overlap very little. Funds in different categories can also hold many of the same stocks.

What does portfolio overlap mean?

It is the share of a fund’s money that sits in the same stocks as another fund. For each stock both hold, the smaller of the two weights is counted, and these are added up. Higher overlap means the two portfolios look, and tend to move, more alike.

How much overlap makes two funds similar?

There is no official cut-off. As a rough guide, over 60% means the portfolios are close, 40 to 60% means a large shared core, 20 to 40% means some common names, and under 20% means they mostly hold different stocks. The finder lists funds at 20% and above.

Do similar funds give similar returns?

Not necessarily. Overlap is measured on the latest portfolio; the funds may have held different stocks in the past, and they will change again. Costs, cash levels and the stocks that are not shared also make returns differ. Similar holdings do not mean similar future returns.

Does the finder include index funds and ETFs?

Index funds, yes. They often appear near the top for large cap and flexi cap funds, because they hold the biggest companies, and funds that track the same index are shown together in one row under the largest of them. ETFs are not in the comparison yet; they are planned for a later version.

Why is a fund from another category ranked so high?

Because it holds many of the same stocks at similar weights. A flexi cap fund that keeps most of its money in large companies can look a lot like a large cap or ELSS fund in practice, and funds run by the same fund house often share their core holdings.

How often is the list updated?

Funds publish their full portfolio every month. The finder uses each fund’s latest disclosure, picks up new ones within a day and shows the holdings month next to the results, so the ranking can change from month to month.

Do I need to share any personal details?

No. The finder needs no login, PAN or email. It only uses the fund you pick, which sits in the page link so you can share the result.

For education only. This tool ranks funds by how much their holdings overlap; it is not a ranking of fund quality and not a recommendation to buy, sell or switch any fund. Holdings are from the latest monthly portfolio disclosures and change every month. Past performance is not indicative of future results. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

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