ADITYA BIRLA SUN LIFE ARBITRAGE FUND vs HDFC Arbitrage Fund

ABSL vs HDFC· Portfolio Overlap Analysis

48.3%High Overlap

155 common stocksRank #11887 / 20,000

Investor takeaway: At 48.3% 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 (155)

Stock	Wt% in ADITYA BIRLA SUN LIFE ARBITRAG	Wt% in HDFC Arbitrage	Overlap
HDFC Bank Limited Banks	4.42%	6.52%	4.42%
Reliance Industries Limited Petroleum Products	3.92%	4.17%	3.92%
ICICI Bank Limited Banks	3.13%	3.72%	3.13%
Axis Bank Limited Banks	2.91%	2.20%	2.20%
Mahindra & Mahindra Limited Automobiles	1.75%	1.77%	1.75%
Eternal Limited Retailing	1.77%	1.50%	1.50%
Kotak Mahindra Bank Limited Banks	1.55%	1.28%	1.28%
Maruti Suzuki India Limited Automobiles	1.23%	1.59%	1.23%
JSW Steel Limited Ferrous Metals	0.97%	2.14%	0.97%
Bharat Electronics Limited Aerospace & Defense	0.91%	0.96%	0.91%
ITC Limited Diversified FMCG	0.89%	1.36%	0.89%
Bajaj Finance Limited Finance	0.87%	1.24%	0.87%
Bharti Airtel Limited Telecom - Services	0.80%	1.68%	0.80%
NTPC Limited Power	0.76%	1.26%	0.76%
Titan Company Limited Consumer Durables	0.75%	1.15%	0.75%
Grasim Industries Limited Cement & Cement Products	0.74%	2.41%	0.74%
Shriram Finance Ltd Finance	0.71%	0.95%	0.71%
Tata Steel Limited Ferrous Metals	0.70%	1.66%	0.70%
Jio Financial Services Limited Finance	0.65%	0.77%	0.65%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.75%	0.64%
Bajaj Finserv Limited Finance	0.72%	0.63%	0.63%
Indus Towers Limited Telecom - Services	1.28%	0.60%	0.60%
APL Apollo Tubes Limited Industrial Products	0.58%	0.55%	0.55%
Larsen & Toubro Limited Construction	0.55%	1.09%	0.55%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.53%	0.82%	0.53%
UltraTech Cement Limited Cement & Cement Products	0.51%	0.85%	0.51%
Vodafone Idea Limited Telecom - Services	1.79%	0.48%	0.48%
Power Grid Corporation of India Limited Power	0.60%	0.48%	0.48%
Multi Commodity Exchange of India Limited Capital Markets	0.98%	0.47%	0.47%
Britannia Industries Limited Food Products	0.76%	0.43%	0.43%
TVS Motor Company Limited Automobiles	0.42%	0.44%	0.42%
DLF Limited Realty	0.38%	0.48%	0.38%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.36%	0.52%	0.36%
NMDC Limited Minerals & Mining	0.74%	0.34%	0.34%
Apollo Hospitals Enterprise Limited Healthcare Services	0.63%	0.34%	0.34%
Bharat Heavy Electricals Limited Electrical Equipment	0.40%	0.34%	0.34%
Punjab National Bank Banks	0.34%	0.44%	0.34%
Marico Limited Agricultural Food & other Products	0.34%	0.78%	0.34%
One 97 Communications Limited Financial Technology (Fintech)	0.38%	0.33%	0.33%
Hindalco Industries Limited Non - Ferrous Metals	0.33%	0.40%	0.33%
Yes Bank Limited Banks	0.45%	0.32%	0.32%
POLYCAB INDIA Limited Industrial Products	0.31%	0.35%	0.31%
Eicher Motors Limited Automobiles	0.29%	0.31%	0.29%
LIC Housing Finance Limited Finance	0.28%	0.40%	0.28%
Lodha Developers Limited Realty	0.27%	0.31%	0.27%
UPL Limited Fertilizers & Agrochemicals	0.27%	0.55%	0.27%
InterGlobe Aviation Limited Transport Services	0.27%	0.58%	0.27%
Aditya Birla Capital Limited Finance	0.37%	0.26%	0.26%
Infosys Limited IT - Software	0.31%	0.26%	0.26%
Coforge Limited IT - Software	0.25%	0.39%	0.25%
Adani Energy Solutions Limited Power	0.25%	0.47%	0.25%
United Spirits Limited Beverages	0.47%	0.24%	0.24%
State Bank of India Banks	0.24%	0.30%	0.24%
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.43%	0.22%	0.22%
Indian Oil Corporation Limited Petroleum Products	0.25%	0.22%	0.22%
Nestle India Limited Food Products	0.22%	0.32%	0.22%
IDFC First Bank Limited Banks	0.24%	0.21%	0.21%
Bharat Petroleum Corporation Limited Petroleum Products	0.21%	0.31%	0.21%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.21%	0.48%	0.21%
JSW Energy Limited Power	0.21%	0.27%	0.21%
Varun Beverages Limited Beverages	0.20%	0.26%	0.20%
Trent Limited Retailing	0.25%	0.19%	0.19%
Hindustan Aeronautics Limited Aerospace & Defense	0.40%	0.18%	0.18%
Max Financial Services Limited Insurance	0.17%	0.19%	0.17%
Sammaan Capital Limited Finance	0.39%	0.16%	0.16%
Ambuja Cements Limited Cement & Cement Products	0.20%	0.16%	0.16%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.69%	0.15%	0.15%
PNB Housing Finance Limited Finance	0.30%	0.15%	0.15%
Exide Industries Limited Auto Components	0.22%	0.15%	0.15%
Asian Paints Limited Consumer Durables	0.17%	0.15%	0.15%
KALYAN JEWELLERS INDIA LTD Consumer Durables	0.29%	0.14%	0.14%
National Aluminium Company Limited Non - Ferrous Metals	0.14%	0.17%	0.14%
Bank of Baroda Banks	0.44%	0.13%	0.13%
Dr. Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.13%	0.74%	0.13%
AU Small Finance Bank Limited Banks	0.25%	0.12%	0.12%
Adani Green Energy Limited Power	0.14%	0.12%	0.12%
Tata Power Company Limited Power	0.43%	0.11%	0.11%
Laurus Labs Limited Pharmaceuticals & Biotechnology	0.11%	0.28%	0.11%
Housing & Urban Development Corporation Limited Finance	0.11%	0.19%	0.11%
Mazagon Dock Shipbuilders Limited Industrial Manufacturing	0.19%	0.10%	0.10%
ICICI Prudential Life Insurance Company Limited Insurance	0.10%	0.10%	0.10%
Manappuram Finance Limited Finance	0.09%	0.09%	0.09%
Patanjali Foods Limited Agricultural Food & other Products	0.54%	0.08%	0.08%
Hindustan Petroleum Corporation Limited Petroleum Products	0.39%	0.08%	0.08%
RBL Bank Limited Banks	0.39%	0.08%	0.08%
Tech Mahindra Limited IT - Software	0.17%	0.08%	0.08%
The Indian Hotels Company Limited Leisure Services	0.08%	0.08%	0.08%
Delhivery Ltd Transport Services	0.08%	0.13%	0.08%
Dixon Technologies (India) Limited Consumer Durables	0.08%	0.32%	0.08%
GMR Airport Ltd Transport Infrastructure	0.38%	0.07%	0.07%
SBI Life Insurance Company Limited Insurance	0.18%	0.07%	0.07%
Pidilite Industries Limited Chemicals & Petrochemicals	0.11%	0.07%	0.07%
Minda Industries Ltd Auto Components	0.09%	0.07%	0.07%
Jindal Steel & Power Limited Ferrous Metals	0.08%	0.07%	0.07%
Hero MotoCorp Limited Automobiles	0.07%	0.15%	0.07%
Lupin Limited Pharmaceuticals & Biotechnology	0.07%	0.08%	0.07%
Hindustan Zinc Limited Non - Ferrous Metals	0.83%	0.06%	0.06%
GAIL (India) Limited Gas	0.51%	0.06%	0.06%
Suzlon Energy Limited Electrical Equipment	0.17%	0.06%	0.06%
Fortis Healthcare Limited Healthcare Services	0.12%	0.06%	0.06%
Tata Motors Passenger Vehicles Limited Automobiles	0.06%	0.19%	0.06%
MphasiS Limited IT - Software	0.06%	0.07%	0.06%
Tata Consumer Products Limited Agricultural Food & other Products	0.06%	0.12%	0.06%
PB Fintech Limited Financial Technology (Fintech)	0.21%	0.05%	0.05%
Petronet LNG Limited Gas	0.15%	0.05%	0.05%
Tata Consultancy Services Limited IT - Software	0.05%	0.25%	0.05%
ABB India Limited Electrical Equipment	0.05%	0.06%	0.05%
Steel Authority of India Limited Ferrous Metals	1.09%	0.04%	0.04%
Max Healthcare Institute Limited Healthcare Services	0.34%	0.04%	0.04%
Bank of India Banks	0.29%	0.04%	0.04%
Biocon Limited Pharmaceuticals & Biotechnology	0.22%	0.04%	0.04%
HDFC Life Insurance Company Limited Insurance	0.18%	0.04%	0.04%
BSE Limited Capital Markets	0.14%	0.04%	0.04%
REC Limited Finance	0.08%	0.04%	0.04%
Havells India Limited Consumer Durables	0.06%	0.04%	0.04%
Power Finance Corporation Limited Finance	0.04%	0.07%	0.04%
Muthoot Finance Limited Finance	0.04%	0.17%	0.04%
Vedanta Limited Diversified Metals	0.89%	0.03%	0.03%
Canara Bank Banks	0.20%	0.03%	0.03%
SRF Limited Chemicals & Petrochemicals	0.19%	0.03%	0.03%
CG Power and Industrial Solutions Limited Electrical Equipment	0.09%	0.03%	0.03%
Life Insurance Corp of India Insurance	0.07%	0.03%	0.03%
Cummins India Limited Industrial Products	0.04%	0.03%	0.03%
Godrej Properties Limited Realty	0.29%	0.02%	0.02%
Sona BLW Precision Forgings Limited Auto Components	0.22%	0.02%	0.02%
Coal India Limited Consumable Fuels	0.22%	0.02%	0.02%
Solar Industries India Limited Chemicals & Petrochemicals	0.17%	0.02%	0.02%
Computer Age Management Services Limited Capital Markets	0.06%	0.02%	0.02%
PG Electroplast Ltd Consumer Durables	0.04%	0.02%	0.02%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.02%	0.03%	0.02%
Dabur India Limited Personal Products	0.02%	0.07%	0.02%
Syngene International Limited Healthcare Services	0.02%	0.06%	0.02%
Blue Star Limited Consumer Durables	0.02%	0.02%	0.02%
Cholamandalam Investment and Finance Company Limited Finance	0.02%	0.17%	0.02%
FSN E-Commerce Ventures Limited Retailing	0.02%	0.06%	0.02%
Inox Wind Limited Electrical Equipment	0.02%	0.13%	0.02%
Dalmia Bharat Limited Cement & Cement Products	0.02%	0.02%	0.02%
Container Corporation of India Limited Transport Services	0.02%	0.24%	0.02%
Bharat Forge Limited Auto Components	0.02%	0.02%	0.02%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.23%	0.01%	0.01%
Kaynes Technology India Ltd Industrial Manufacturing	0.11%	0.01%	0.01%
Persistent Systems Limited IT - Software	0.10%	0.01%	0.01%
Prestige Estates Projects Limited Realty	0.10%	0.01%	0.01%
360 ONE WAM Ltd Capital Markets	0.03%	0.01%	0.01%
Tata Technologies Ltd IT - Services	0.03%	0.01%	0.01%
Siemens Limited Electrical Equipment	0.03%	0.01%	0.01%
Hindustan Unilever Limited Diversified FMCG	0.01%	0.13%	0.01%
Bosch Limited Auto Components	0.01%	0.02%	0.01%
NHPC Limited Power	0.01%	0.02%	0.01%
Oil India Limited Oil	0.01%	0.01%	0.01%
Samvardhana Motherson International Limited Auto Components	0.16%	0.00%	0.00%
Cipla Limited Pharmaceuticals & Biotechnology	0.12%	0.00%	0.00%
Phoenix Mills Limited Realty	0.08%	0.00%	0.00%
ANGEL ONE LIMITED Capital Markets	0.04%	0.00%	0.00%
Godrej Consumer Products Limited Personal Products	0.00%	0.01%	0.00%

Unique to ADITYA BIRLA SUN LIFE ARBITRAG

All top holdings are shared with the other fund.

Unique to HDFC Arbitrage

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

12.5% (13)

Petroleum Products

4.4% (4)

Finance

4.0% (14)

Automobiles

3.8% (6)

Power

1.9% (7)

Telecom - Services

1.9% (3)

Ferrous Metals

1.8% (4)

Retailing

1.7% (3)

Pharmaceuticals & Biotechnology

1.5% (11)

Cement & Cement Products

1.4% (4)

Consumer Durables

1.2% (7)

Aerospace & Defense

1.1% (2)

Diversified FMCG

0.9% (2)

Industrial Products

0.9% (3)

IT - Software

0.7% (6)

Realty

0.7% (5)

Oil

0.7% (2)

Food Products

0.7% (2)

Construction

0.6% (1)

Capital Markets

0.5% (5)

Non - Ferrous Metals

0.5% (3)

Electrical Equipment

0.5% (6)

Agricultural Food & other Products

0.5% (3)

Healthcare Services

0.5% (4)

Beverages

0.4% (2)

Transport Infrastructure

0.4% (2)

Insurance

0.4% (5)

Financial Technology (Fintech)

0.4% (2)

Transport Services

0.4% (3)

Minerals & Mining

0.3% (1)

Fertilizers & Agrochemicals

0.3% (1)

Auto Components

0.3% (6)

Chemicals & Petrochemicals

0.1% (3)

Industrial Manufacturing

0.1% (2)

Gas

0.1% (2)

Leisure Services

0.1% (1)

Diversified Metals

0.0% (1)

Consumable Fuels

0.0% (1)

Personal Products

0.0% (2)

IT - Services

0.0% (1)

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 HDFC Arbitrage

vs IB33-GROWW NIFTY 200 ETF53.2% · 141 stocks
vs HDFC BSE 500 INDEX52.1% · 158 stocks
vs HDFC BSE 500 ETF52.1% · 158 stocks
vs ICICI Prudential BSE 500 ETF52.1% · 158 stocks
vs Motilal Oswal Nifty 500 ETF51.9% · 159 stocks

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