Mutual funds holding both HDFC Bank and Kotak Mahindra Bank

Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 25 mutual funds hold active equity positions in both HDFC Bank and Kotak Mahindra Bank. The scheme with the highest combined exposure is Nippon India ETF Nifty Bank Bees (Nippon India MF), which holds a 29.03% stake in HDFC Bank and a 7.90% stake in Kotak Mahindra Bank, amounting to a combined conviction weight of 36.93%.

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.