Mutual funds holding both Axis Bank and Cholamandalam Financial Holdings

Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 31 mutual funds hold active equity positions in both Axis Bank and Cholamandalam Financial Holdings. The scheme with the highest combined exposure is Nippon India Banking & Financial Services Fund (Nippon India MF), which holds a 9.34% stake in Axis Bank and a 2.23% stake in Cholamandalam Financial Holdings, amounting to a combined conviction weight of 11.57%.

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.