Best mutual fund overlap tools for Indian investors, 2026
Updated · Arthneeti research team · 6 tools compared
Quick answer
All the good mutual fund overlap tools in India are free. To compare two funds in depth, use Sharpely or AdvisorKhoj. To check up to 10 funds at once, use MutualFundOverlap.in or OverlapIQ. To include the stocks you also hold directly in your demat account, use Arthneeti's MF Overlap Checker, which shows overlap between your funds and your own shares.
Holding five funds doesn't mean five times the diversification: large-cap and flexi-cap funds often own the same banks and IT companies. An overlap tool shows which stocks your funds share and how much of your money sits in them. All of these tools work from the monthly portfolio disclosures fund houses publish, so holdings are usually a few weeks old.
At a glance
| Tool | Best for | Free tier | Paid price | Funds at once |
|---|---|---|---|---|
| Arthneeti MF Overlap Checker | Overlap between your funds and the shares you hold directly | Yes, no login needed | Free | Several funds plus your direct stocks |
| MutualFundOverlap.in | Checking many funds at once | Yes, no login | Free | Up to 10 |
| OverlapIQ | Quick multi-fund check of popular equity funds | Yes, no login | Free | Up to 10 |
| Sharpely | Detailed two-fund comparison | Yes | Overlap calculator is free; Sharpely Pro ₹5,799/yr for the wider platform | 2 |
| AdvisorKhoj | Two-fund overlap with a dated holdings snapshot | Yes | Free | 2 |
| WealthKit | A quick free overlap check | Yes, no login | Free | See site |
The tools, one by one
1. Arthneeti MF Overlap Checker(ours)
Best for: Overlap between your funds and the shares you hold directlyPick the funds you invest in, add the stocks you hold in your demat account, and see which companies you own through more than one route, and how concentrated you are in them.
Strengths
- Only tool here that includes your directly held stocks
- Shows stocks held through two or more funds
- Imports your saved Arthneeti portfolio if you have one
Limitations
- You need to add at least one stock you hold directly
- For a pure fund-vs-fund overlap percentage, Sharpely or MutualFundOverlap.in are quicker
Price: Free · Free: Yes, no login needed
2. MutualFundOverlap.in
Best for: Checking many funds at onceA dedicated overlap site that compares up to 10 funds, built on fund houses' monthly portfolio disclosures.
Strengths
- Compares up to 10 funds
- No signup
- Focused on this one job
Limitations
- Holdings lag by about six weeks (monthly disclosures)
- Overlap only; no wider fund research
Price: Free · Free: Yes, no login
3. OverlapIQ
Best for: Quick multi-fund check of popular equity fundsA free overlap checker for up to 10 equity funds.
Strengths
- Up to 10 funds
- No signup
- Simple
Limitations
- Covers about 130 equity funds, not the whole market
- Monthly data
Price: Free · Free: Yes, no login
5. AdvisorKhoj
Best for: Two-fund overlap with a dated holdings snapshotAdvisorKhoj's free overlap tool compares two funds and states the date of the holdings it uses.
Strengths
- Shows the holdings date clearly
- Free
- Part of a wider mutual fund research site
Limitations
- Two funds at a time
- Overlap is one tool among many on a large site
Price: Free · Free: Yes
6. WealthKit
Best for: A quick free overlap checkA free fund-overlap tool from WealthKit's set of mutual fund calculators, refreshed from monthly disclosures.
Strengths
- Free, no signup
- Part of a set of MF calculators
Limitations
- Monthly data, a few weeks old
Price: Free · Free: Yes, no login
How we compared them
- How many funds it compares at once
- Whether it shows the actual shared stocks, not just a percentage
- How fresh the holdings data is, and whether it says so
- Whether you have to sign up
Which one should you use?
- Deciding between two funds: Sharpely or AdvisorKhoj
- Auditing your whole SIP portfolio: MutualFundOverlap.in or OverlapIQ
- You hold shares directly too: Arthneeti, so you see the full picture
Frequently asked questions
What is mutual fund overlap?
Overlap is the share of two or more funds' portfolios invested in the same stocks. High overlap means your funds behave alike, so holding more of them adds little diversification.
How much mutual fund overlap is too much?
There is no official threshold. Many investors treat overlap above roughly 50% between two equity funds as a sign they are paying two expense ratios for similar portfolios. It is a prompt to look closer, not a rule.
Are mutual fund overlap tools free?
Yes, every tool in this guide offers overlap checks free.
Why does my overlap result look out of date?
Fund houses disclose full portfolios monthly, and tools refresh after that, so holdings are usually a few weeks old.