148 funds hold both · as on May 2026
Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 148 mutual funds hold active equity positions in both HCL Technologies and ICICI Bank. The scheme with the highest combined exposure is Nippon India Nifty 50 Value 20 Index Fund (Nippon India MF), which holds a 3.91% stake in HCL Technologies and a 15.51% stake in ICICI Bank, amounting to a combined conviction weight of 19.42%.
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.
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 May 2026). Weight = the position as a % of that fund's portfolio. ISIN-verified from AMC disclosures. Not investment advice.