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Up to six funds side by side, and how much of each is the same portfolio as the others. Overlap is Σ min(weight) over the stocks both hold, from the latest disclosures.

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Overlap

share of the portfolio the two funds hold in common

Nippon India Medium to Long TermSBI MEDIUM TO LONG TERM
Nippon India Medium to Long Term
itself
16%
SBI MEDIUM TO LONG TERM
16%
itself

Most alike: Nippon India Medium to Long Term Fund and SBI MEDIUM TO LONG TERM FUND share 16% of their portfolios. Two funds this different are doing different things; whether that is what you want is a separate question.

Side by side

record, cost, returns, drawdown, size

MeasureNippon India Medium to Long TermSBI MEDIUM TO LONG TERM
CategoryMedium to Long TermMedium to Long Term
Share of three-year stretches it beat its category P491% of 109100% of 109
Regular plan costs more than Direct by, a year P50.74%0.72%
Portfolio turned over a year P1not measurednot measured
Run by P7Vivek Sharma · 6.5 yrsMohit Jain · ≥ 1 mo
1-year return4.8%4.8%
3 years p.a.6.7%6.9%
5 years p.a.6.1%6.2%
Deepest fall (max drawdown)−2.1%−1.3%
Assets (AUM)₹358 Cr₹2,034 Cr
Disclosed history14 yrs5.8 yrs
Holdings · top ten weight18 · 87%32 · 60%

Funds in different categories are not comparable on returns — a category error is the first thing the postulates refuse to make. Compare each to its own category on its fund page.