Market Intelligence
Sundaram Long Term Micro Cap Tax Advantage Fund Series V vs Sundaram Long Term Micro Cap Tax Advantage Fund Series VI: Portfolio Overlap Analysis
Sundaram Long Term Micro Cap Tax Advantage Fund Series V and Sundaram Long Term Micro Cap Tax Advantage Fund Series VI share 81.2% holdings overlap (34 common stocks). Should you hold both?
4 min read
Tier 1IPOFins Team
Finance Research & Data • 2026-07-30
Key takeaway
In June 2026, Sundaram Long Term Micro Cap Tax Advantage Fund Series V and Sundaram Long Term Micro Cap Tax Advantage Fund Series VI shared 81.2% portfolio overlap (34 identical holdings). If you hold both, you may be paying two expense ratios for nearly the same equity basket — especially risky before tax-loss harvesting or SIP rebalancing.
Sundaram Long Term Micro Cap Tax Advantage Fund Series V and Sundaram Long Term Micro Cap Tax Advantage Fund Series VI have 81.2% portfolio overlap with 34 stocks in common — among the highest in our June 2026 snapshot.
Sample of shared holdings
These stocks appear in both portfolios (partial list):
- Aavas Financiers Ltd.
- Affle (India) Limited
- Amber Enterprises India Ltd.
- Angel One Ltd.
- Aster DM Healthcare Ltd.
- BRIGADE ENTERPRISES LIMITED
- Birlasoft Limited
- Butterfly Gandhimathi Appliances Limited
- CSB Bank Limited
- Can Fin Homes Limited
- Century Plyboards (India) Ltd.
- Cholamandalam Financial Holdings Limited
- EID Parry India Limited
- Elecon Engineering Company Limited
- Equitas Small Finance Bank Limited
Should you hold both?
- If both are in the same category (e.g. large-cap), you likely duplicate risk — consider consolidating.
- If one is thematic and one is broad, overlap may be acceptable if you want the theme tilt.
- Check overlap after every new fund purchase or switch — holdings change monthly.
Why overlap matters
- Two high-overlap funds rarely add diversification — they amplify the same sector bets.
- Switching between them may trigger unnecessary capital gains without changing risk.
- Use overlap before stacking multiple large-cap or flexi-cap funds from the same AMC family.
Terms explained
Portfolio overlap %
Share of holdings (by weight) that two funds have in common. 50% overlap means half of each portfolio lines up with the other.
Common stocks
Count of identical stock names appearing in both fund portfolios for the comparison month.
Data source: SEBI-regulated AMC monthly portfolio disclosures for June 2026. Not investment advice. Past institutional activity does not guarantee future returns.