Mutual funds holding both Automotive Axles and Carborundum Universal

Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 7 mutual funds hold active equity positions in both Automotive Axles and Carborundum Universal. The scheme with the highest combined exposure is Tata Small Cap Fund (Tata MF), which holds a 0.21% stake in Automotive Axles and a 2.11% stake in Carborundum Universal, amounting to a combined conviction weight of 2.32%.

When multiple mutual funds in your portfolio double-up on the same stock pairs, it limits your diversification benefits. If you also hold either of these companies directly in your demat account, your aggregate exposure is amplified. This co-ownership pattern is standard among index-tracking products but represents active, concentrated strategies in equity schemes.