ADITYA BIRLA SUN LIFE ARBITRAGE FUND vs DSP Arbitrage Fund

ABSL vs DSP· Portfolio Overlap Analysis

49.3%High Overlap

151 common stocksRank #10868 / 20,000

Investor takeaway: At 49.3% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (151)

Stock	Wt% in ADITYA BIRLA SUN LIFE ARBITRAG	Wt% in DSP Arbitrage	Overlap
HDFC Bank Limited Banks	4.42%	4.73%	4.42%
Reliance Industries Limited Petroleum Products	3.92%	3.10%	3.10%
ICICI Bank Limited Banks	3.13%	3.07%	3.07%
Vodafone Idea Limited Telecom - Services	1.79%	2.18%	1.79%
Kotak Mahindra Bank Limited Banks	1.55%	2.31%	1.55%
Axis Bank Limited Banks	2.91%	1.48%	1.48%
Multi Commodity Exchange of India Limited Capital Markets	0.98%	0.99%	0.98%
JSW Steel Limited Ferrous Metals	0.97%	1.58%	0.97%
Bharat Electronics Limited Aerospace & Defense	0.91%	0.98%	0.91%
Steel Authority of India Limited Ferrous Metals	1.09%	0.90%	0.90%
Mahindra & Mahindra Limited Automobiles	1.75%	0.89%	0.89%
ITC Limited Diversified FMCG	0.89%	1.83%	0.89%
Bajaj Finance Limited Finance	0.87%	1.08%	0.87%
Eternal Limited Retailing	1.77%	0.86%	0.86%
Bharti Airtel Limited Telecom - Services	0.80%	1.55%	0.80%
Shriram Finance Ltd Finance	0.71%	0.77%	0.71%
Tata Steel Limited Ferrous Metals	0.70%	0.84%	0.70%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.69%	0.72%	0.69%
Titan Company Limited Consumer Durables	0.75%	0.66%	0.66%
Jio Financial Services Limited Finance	0.65%	1.00%	0.65%
Grasim Industries Limited Cement & Cement Products	0.74%	0.58%	0.58%
APL Apollo Tubes Limited Industrial Products	0.58%	0.64%	0.58%
Larsen & Toubro Limited Construction	0.55%	0.96%	0.55%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.53%	0.51%	0.51%
NMDC Limited Minerals & Mining	0.74%	0.46%	0.46%
Yes Bank Limited Banks	0.45%	0.49%	0.45%
Bank of Baroda Banks	0.44%	1.30%	0.44%
Bandhan Bank Limited Banks	0.44%	0.78%	0.44%
Tata Power Company Limited Power	0.43%	0.95%	0.43%
Bharat Heavy Electricals Limited Electrical Equipment	0.40%	0.95%	0.40%
Hindustan Aeronautics Limited Aerospace & Defense	0.40%	0.69%	0.40%
UltraTech Cement Limited Cement & Cement Products	0.51%	0.39%	0.39%
Sammaan Capital Limited Finance	0.39%	1.04%	0.39%
Vedanta Limited Diversified Metals	0.89%	0.38%	0.38%
DLF Limited Realty	0.38%	0.60%	0.38%
GMR Airport Ltd Transport Infrastructure	0.38%	1.09%	0.38%
Aditya Birla Capital Limited Finance	0.37%	0.44%	0.37%
Maruti Suzuki India Limited Automobiles	1.23%	0.36%	0.36%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.36%	0.66%	0.36%
Indus Towers Limited Telecom - Services	1.28%	0.34%	0.34%
Punjab National Bank Banks	0.34%	1.44%	0.34%
Max Healthcare Institute Limited Healthcare Services	0.34%	0.34%	0.34%
Marico Limited Agricultural Food & other Products	0.34%	0.88%	0.34%
Hindalco Industries Limited Non - Ferrous Metals	0.33%	0.33%	0.33%
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.43%	0.32%	0.32%
GAIL (India) Limited Gas	0.51%	0.30%	0.30%
One 97 Communications Limited Financial Technology (Fintech)	0.38%	0.30%	0.30%
PNB Housing Finance Limited Finance	0.30%	0.37%	0.30%
Britannia Industries Limited Food Products	0.76%	0.29%	0.29%
Godrej Properties Limited Realty	0.29%	0.48%	0.29%
Bank of India Banks	0.29%	0.30%	0.29%
KALYAN JEWELLERS INDIA LTD Consumer Durables	0.29%	0.28%	0.28%
Crompton Greaves Consumer Electricals Limited Consumer Durables	0.28%	0.43%	0.28%
LIC Housing Finance Limited Finance	0.28%	0.96%	0.28%
UPL Limited Fertilizers & Agrochemicals	0.27%	0.31%	0.27%
InterGlobe Aviation Limited Transport Services	0.27%	0.44%	0.27%
Patanjali Foods Limited Agricultural Food & other Products	0.54%	0.26%	0.26%
Coforge Limited IT - Software	0.25%	0.34%	0.25%
Trent Limited Retailing	0.25%	0.34%	0.25%
Adani Energy Solutions Limited Power	0.25%	0.55%	0.25%
RBL Bank Limited Banks	0.39%	0.24%	0.24%
State Bank of India Banks	0.24%	0.49%	0.24%
IDFC First Bank Limited Banks	0.24%	0.46%	0.24%
Exide Industries Limited Auto Components	0.22%	0.30%	0.22%
Biocon Limited Pharmaceuticals & Biotechnology	0.22%	0.33%	0.22%
Nestle India Limited Food Products	0.22%	0.40%	0.22%
Bajaj Finserv Limited Finance	0.72%	0.21%	0.21%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.21%	0.58%	0.21%
Ambuja Cements Limited Cement & Cement Products	0.20%	0.20%	0.20%
Varun Beverages Limited Beverages	0.20%	0.31%	0.20%
JSW Energy Limited Power	0.21%	0.19%	0.19%
Hindustan Zinc Limited Non - Ferrous Metals	0.83%	0.18%	0.18%
Indian Oil Corporation Limited Petroleum Products	0.25%	0.18%	0.18%
HDFC Life Insurance Company Limited Insurance	0.18%	0.24%	0.18%
PB Fintech Limited Financial Technology (Fintech)	0.21%	0.17%	0.17%
Asian Paints Limited Consumer Durables	0.17%	0.19%	0.17%
Samvardhana Motherson International Limited Auto Components	0.16%	0.23%	0.16%
Sona BLW Precision Forgings Limited Auto Components	0.22%	0.15%	0.15%
Petronet LNG Limited Gas	0.15%	0.24%	0.15%
POLYCAB INDIA Limited Industrial Products	0.31%	0.14%	0.14%
Solar Industries India Limited Chemicals & Petrochemicals	0.17%	0.14%	0.14%
BSE Limited Capital Markets	0.14%	0.30%	0.14%
National Aluminium Company Limited Non - Ferrous Metals	0.14%	0.18%	0.14%
Adani Green Energy Limited Power	0.14%	0.21%	0.14%
NTPC Limited Power	0.76%	0.13%	0.13%
Apollo Hospitals Enterprise Limited Healthcare Services	0.63%	0.13%	0.13%
Hindustan Petroleum Corporation Limited Petroleum Products	0.39%	0.13%	0.13%
Suzlon Energy Limited Electrical Equipment	0.17%	0.12%	0.12%
Max Financial Services Limited Insurance	0.17%	0.12%	0.12%
Laurus Labs Limited Pharmaceuticals & Biotechnology	0.11%	0.24%	0.11%
Eicher Motors Limited Automobiles	0.29%	0.10%	0.10%
Lodha Developers Limited Realty	0.27%	0.10%	0.10%
Cipla Limited Pharmaceuticals & Biotechnology	0.12%	0.10%	0.10%
ICICI Prudential Life Insurance Company Limited Insurance	0.10%	0.21%	0.10%
United Spirits Limited Beverages	0.47%	0.09%	0.09%
TVS Motor Company Limited Automobiles	0.42%	0.09%	0.09%
Canara Bank Banks	0.20%	0.09%	0.09%
SBI Life Insurance Company Limited Insurance	0.18%	0.09%	0.09%
Manappuram Finance Limited Finance	0.09%	0.31%	0.09%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.08%	0.08%
Mazagon Dock Shipbuilders Limited Industrial Manufacturing	0.19%	0.08%	0.08%
Fortis Healthcare Limited Healthcare Services	0.12%	0.08%	0.08%
Pidilite Industries Limited Chemicals & Petrochemicals	0.11%	0.08%	0.08%
CG Power and Industrial Solutions Limited Electrical Equipment	0.09%	0.08%	0.08%
Delhivery Ltd Transport Services	0.08%	0.19%	0.08%
REC Limited Finance	0.08%	0.24%	0.08%
Phoenix Mills Limited Realty	0.08%	0.24%	0.08%
AU Small Finance Bank Limited Banks	0.25%	0.07%	0.07%
The Indian Hotels Company Limited Leisure Services	0.08%	0.07%	0.07%
Hero MotoCorp Limited Automobiles	0.07%	0.13%	0.07%
Lupin Limited Pharmaceuticals & Biotechnology	0.07%	0.09%	0.07%
NBCC (India) Limited Construction	0.22%	0.06%	0.06%
SRF Limited Chemicals & Petrochemicals	0.19%	0.06%	0.06%
Tata Motors Passenger Vehicles Limited Automobiles	0.06%	0.26%	0.06%
MphasiS Limited IT - Software	0.06%	0.09%	0.06%
Tata Consumer Products Limited Agricultural Food & other Products	0.06%	0.18%	0.06%
Infosys Limited IT - Software	0.31%	0.05%	0.05%
Tech Mahindra Limited IT - Software	0.17%	0.05%	0.05%
Tata Consultancy Services Limited IT - Software	0.05%	0.51%	0.05%
HDFC Asset Management Company Limited Capital Markets	0.16%	0.04%	0.04%
Dixon Technologies (India) Limited Consumer Durables	0.08%	0.04%	0.04%
Havells India Limited Consumer Durables	0.06%	0.04%	0.04%
Power Finance Corporation Limited Finance	0.04%	0.33%	0.04%
PG Electroplast Ltd Consumer Durables	0.04%	0.04%	0.04%
Power Grid Corporation of India Limited Power	0.60%	0.03%	0.03%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.23%	0.03%	0.03%
Siemens Limited Electrical Equipment	0.03%	0.06%	0.03%
Prestige Estates Projects Limited Realty	0.10%	0.02%	0.02%
Muthoot Finance Limited Finance	0.04%	0.02%	0.02%
The Federal Bank Limited Banks	0.02%	0.06%	0.02%
Syngene International Limited Healthcare Services	0.02%	0.16%	0.02%
Cholamandalam Investment and Finance Company Limited Finance	0.02%	0.21%	0.02%
FSN E-Commerce Ventures Limited Retailing	0.02%	0.16%	0.02%
Inox Wind Limited Electrical Equipment	0.02%	0.10%	0.02%
Container Corporation of India Limited Transport Services	0.02%	0.65%	0.02%
Bharat Forge Limited Auto Components	0.02%	0.18%	0.02%
Computer Age Management Services Limited Capital Markets	0.06%	0.01%	0.01%
Tata Technologies Ltd IT - Services	0.03%	0.01%	0.01%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.02%	0.01%	0.01%
Dabur India Limited Personal Products	0.02%	0.01%	0.01%
Dalmia Bharat Limited Cement & Cement Products	0.02%	0.01%	0.01%
Hitachi Energy India Limited Electrical Equipment	0.01%	0.01%	0.01%
NHPC Limited Power	0.01%	0.06%	0.01%
Oil India Limited Oil	0.01%	0.08%	0.01%
Bharat Petroleum Corporation Limited Petroleum Products	0.21%	0.00%	0.00%
Dr. Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.13%	0.00%	0.00%
Tube Investments of India Limited Auto Components	0.10%	0.00%	0.00%
Minda Industries Ltd Auto Components	0.09%	0.00%	0.00%
KPIT Technologies Limited IT - Software	0.01%	0.00%	0.00%
Hindustan Unilever Limited Diversified FMCG	0.01%	0.00%	0.00%
Godrej Consumer Products Limited Personal Products	0.00%	0.14%	0.00%

Unique to ADITYA BIRLA SUN LIFE ARBITRAG

All top holdings are shared with the other fund.

Unique to DSP Arbitrage

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

13.4% (15)

Finance

4.0% (13)

Petroleum Products

3.4% (4)

Telecom - Services

2.9% (3)

Ferrous Metals

2.6% (3)

Pharmaceuticals & Biotechnology

2.3% (11)

Automobiles

1.6% (6)

Consumer Durables

1.5% (7)

Aerospace & Defense

1.3% (2)

Cement & Cement Products

1.2% (4)

Power

1.2% (7)

Capital Markets

1.2% (4)

Retailing

1.1% (3)

Diversified FMCG

0.9% (2)

Realty

0.9% (5)

Transport Infrastructure

0.7% (2)

Industrial Products

0.7% (2)

Electrical Equipment

0.7% (6)

Agricultural Food & other Products

0.7% (3)

Non - Ferrous Metals

0.7% (3)

Construction

0.6% (2)

Healthcare Services

0.6% (4)

Auto Components

0.6% (6)

Food Products

0.5% (2)

Insurance

0.5% (4)

Financial Technology (Fintech)

0.5% (2)

Minerals & Mining

0.5% (1)

IT - Software

0.5% (6)

Gas

0.5% (2)

Diversified Metals

0.4% (1)

Transport Services

0.4% (3)

Beverages

0.3% (2)

Chemicals & Petrochemicals

0.3% (3)

Fertilizers & Agrochemicals

0.3% (1)

Oil

0.1% (2)

Industrial Manufacturing

0.1% (1)

Leisure Services

0.1% (1)

IT - Services

0.0% (1)

Personal Products

0.0% (2)

More comparisons for ADITYA BIRLA SUN LIFE ARBITRAG

vs IB33-GROWW NIFTY 200 ETF50.3% · 154 stocks
vs HDFC BSE 500 INDEX49.5% · 175 stocks
vs HDFC BSE 500 ETF49.5% · 175 stocks
vs ICICI Prudential BSE 500 ETF49.5% · 175 stocks
vs Axis Nifty 500 Index49.4% · 176 stocks

More comparisons for DSP Arbitrage

vs SBI Arbitrage Opportunities50.7% · 151 stocks
vs Axis Arbitrage50.3% · 145 stocks
vs ICICI Prudential Equity - Arbi48.3% · 150 stocks
vs NIPPON INDIA ARBITRAGE47.2% · 141 stocks
vs IB33-GROWW NIFTY 200 ETF46.6% · 134 stocks

Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.