Mutual funds holding both Indian Overseas Bank and State Bank of India

Comparing mutual fund co-ownership helps identify hidden asset concentration. Our reverse lookup database shows that 15 mutual funds hold active equity positions in both Indian Overseas Bank and State Bank of India. The scheme with the highest combined exposure is Nippon India ETF Nifty PSU Bank Bees (Nippon India MF), which holds a 1.54% stake in Indian Overseas Bank and a 33.07% stake in State Bank of India, amounting to a combined conviction weight of 34.61%.

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.