A study found that the BOI Large & Mid Cap Fund and BOI Multi Cap Fund from the same AMC have a portfolio overlap of 79.4%, despite belonging to different categories. This highlights that investing in multiple equity mutual funds across categories may not always lead to better diversification.
Different fund categories, same stocks? These equity mutual funds have up to 79.4% portfolio overlap
A study found that the BOI Large & Mid Cap Fund and BOI Multi Cap Fund from the same AMC have a portfolio overlap of 79.4%, despite belonging to differ…
