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6 funds hold both · as on Apr 2024
Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 6 mutual funds hold active equity positions in both Canara Bank and Reliance Industries. The scheme with the highest combined exposure is Nippon India ETF Nifty 100 (Nippon India MF), which holds a 0.34% stake in Canara Bank and a 8.00% stake in Reliance Industries, amounting to a combined conviction weight of 8.34%.
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.
| Fund | Canara wt. | Reliance wt. | Combined |
|---|---|---|---|
| Nippon India ETF Nifty 100Nippon India MF · ETF | 0.34% | 8.00% | |
| Nippon India Quant FundNippon India MF · Smart-Beta / Factor | 2.27% | 4.10% | |
| Nippon India Equity Savings FundNippon India MF · Hybrid | 1.40% | 4.88% | |
| Nippon India Arbitrage FundNippon India MF · Arbitrage | 1.58% | 1.92% | |
| Nippon India Multi Cap FundNippon India MF · Multi Cap | 0.63% | 2.79% | |
| Nippon India Multi Asset FundNippon India MF · Hybrid | 0.84% | 1.88% |
These funds hold both stocks — see how much their entire portfolios overlap.
Check overlap of top funds →“Holds both” = the fund discloses an equity position in each stock in its latest public monthly portfolio (as on Apr 2024). Weight = the position as a % of that fund's portfolio. ISIN-verified from AMC disclosures. Not investment advice.