ADITYA BIRLA SUN LIFE ARBITRAGE FUND vs Kotak Arbitrage Fund

ABSL vs Kotak· Portfolio Overlap Analysis

47.4%High Overlap

168 common stocksRank #12865 / 20,000

Investor takeaway: At 47.4% 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 (168)

Stock	Wt% in ADITYA BIRLA SUN LIFE ARBITRAG	Wt% in Kotak Arbitrage	Overlap
HDFC Bank Limited Banks	4.42%	6.93%	4.42%
ICICI Bank Limited Banks	3.13%	2.90%	2.90%
Reliance Industries Limited Petroleum Products	3.92%	2.50%	2.50%
Kotak Mahindra Bank Limited Banks	1.55%	1.58%	1.55%
Vodafone Idea Limited Telecom - Services	1.79%	1.51%	1.51%
Eternal Limited Retailing	1.77%	1.51%	1.51%
Axis Bank Limited Banks	2.91%	1.47%	1.47%
JSW Steel Limited Ferrous Metals	0.97%	1.99%	0.97%
Vedanta Limited Diversified Metals	0.89%	0.97%	0.89%
ITC Limited Diversified FMCG	0.89%	1.29%	0.89%
Bharti Airtel Limited Telecom - Services	0.80%	1.80%	0.80%
NTPC Limited Power	0.76%	1.01%	0.76%
Grasim Industries Limited Cement & Cement Products	0.74%	1.15%	0.74%
Mahindra & Mahindra Limited Automobiles	1.75%	0.73%	0.73%
Indus Towers Limited Telecom - Services	1.28%	0.72%	0.72%
Bajaj Finserv Limited Finance	0.72%	0.71%	0.71%
Tata Steel Limited Ferrous Metals	0.70%	0.74%	0.70%
Britannia Industries Limited Food Products	0.76%	0.69%	0.69%
Hindustan Zinc Limited Non - Ferrous Metals	0.83%	0.65%	0.65%
Jio Financial Services Limited Finance	0.65%	0.83%	0.65%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.74%	0.64%
Maruti Suzuki India Limited Automobiles	1.23%	0.63%	0.63%
Apollo Hospitals Enterprise Limited Healthcare Services	0.63%	0.81%	0.63%
Larsen & Toubro Limited Construction	0.55%	0.73%	0.55%
Power Grid Corporation of India Limited Power	0.60%	0.53%	0.53%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.53%	0.97%	0.53%
GAIL (India) Limited Gas	0.51%	0.64%	0.51%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.69%	0.48%	0.48%
Steel Authority of India Limited Ferrous Metals	1.09%	0.44%	0.44%
TVS Motor Company Limited Automobiles	0.42%	0.70%	0.42%
Titan Company Limited Consumer Durables	0.75%	0.41%	0.41%
Bajaj Finance Limited Finance	0.87%	0.40%	0.40%
Bharat Heavy Electricals Limited Electrical Equipment	0.40%	0.61%	0.40%
Hindustan Aeronautics Limited Aerospace & Defense	0.40%	0.60%	0.40%
One 97 Communications Limited Financial Technology (Fintech)	0.38%	0.50%	0.38%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.36%	0.60%	0.36%
Punjab National Bank Banks	0.34%	0.41%	0.34%
UltraTech Cement Limited Cement & Cement Products	0.51%	0.32%	0.32%
Yes Bank Limited Banks	0.45%	0.32%	0.32%
Hindalco Industries Limited Non - Ferrous Metals	0.33%	0.32%	0.32%
Bandhan Bank Limited Banks	0.44%	0.31%	0.31%
Eicher Motors Limited Automobiles	0.29%	0.43%	0.29%
NMDC Limited Minerals & Mining	0.74%	0.27%	0.27%
LIC Housing Finance Limited Finance	0.28%	0.27%	0.27%
UPL Limited Fertilizers & Agrochemicals	0.27%	0.27%	0.27%
Tata Power Company Limited Power	0.43%	0.26%	0.26%
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.43%	0.25%	0.25%
Coforge Limited IT - Software	0.25%	0.71%	0.25%
Adani Energy Solutions Limited Power	0.25%	0.52%	0.25%
Hindustan Petroleum Corporation Limited Petroleum Products	0.39%	0.24%	0.24%
DLF Limited Realty	0.38%	0.24%	0.24%
InterGlobe Aviation Limited Transport Services	0.27%	0.24%	0.24%
State Bank of India Banks	0.24%	0.49%	0.24%
POLYCAB INDIA Limited Industrial Products	0.31%	0.23%	0.23%
GMR Airport Ltd Transport Infrastructure	0.38%	0.22%	0.22%
Crompton Greaves Consumer Electricals Limited Consumer Durables	0.28%	0.22%	0.22%
Coal India Limited Consumable Fuels	0.22%	0.29%	0.22%
Nestle India Limited Food Products	0.22%	0.34%	0.22%
Shriram Finance Ltd Finance	0.71%	0.21%	0.21%
Sammaan Capital Limited Finance	0.39%	0.21%	0.21%
IDFC First Bank Limited Banks	0.24%	0.21%	0.21%
PB Fintech Limited Financial Technology (Fintech)	0.21%	0.44%	0.21%
Bharat Petroleum Corporation Limited Petroleum Products	0.21%	0.22%	0.21%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.21%	0.32%	0.21%
Canara Bank Banks	0.20%	0.30%	0.20%
Ambuja Cements Limited Cement & Cement Products	0.20%	0.45%	0.20%
HDFC Life Insurance Company Limited Insurance	0.18%	0.41%	0.18%
SBI Life Insurance Company Limited Insurance	0.18%	0.45%	0.18%
Suzlon Energy Limited Electrical Equipment	0.17%	0.29%	0.17%
Max Financial Services Limited Insurance	0.17%	0.52%	0.17%
Tech Mahindra Limited IT - Software	0.17%	0.39%	0.17%
Bharat Electronics Limited Aerospace & Defense	0.91%	0.16%	0.16%
Patanjali Foods Limited Agricultural Food & other Products	0.54%	0.16%	0.16%
Exide Industries Limited Auto Components	0.22%	0.15%	0.15%
Varun Beverages Limited Beverages	0.20%	0.15%	0.15%
National Aluminium Company Limited Non - Ferrous Metals	0.14%	0.36%	0.14%
Adani Green Energy Limited Power	0.14%	0.35%	0.14%
SRF Limited Chemicals & Petrochemicals	0.19%	0.13%	0.13%
Dr. Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.13%	0.44%	0.13%
Bank of Baroda Banks	0.44%	0.12%	0.12%
Biocon Limited Pharmaceuticals & Biotechnology	0.22%	0.12%	0.12%
Solar Industries India Limited Chemicals & Petrochemicals	0.17%	0.12%	0.12%
HDFC Asset Management Company Limited Capital Markets	0.16%	0.12%	0.12%
Fortis Healthcare Limited Healthcare Services	0.12%	0.23%	0.12%
Max Healthcare Institute Limited Healthcare Services	0.34%	0.11%	0.11%
Lodha Developers Limited Realty	0.27%	0.11%	0.11%
Laurus Labs Limited Pharmaceuticals & Biotechnology	0.11%	0.52%	0.11%
APL Apollo Tubes Limited Industrial Products	0.58%	0.10%	0.10%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.23%	0.10%	0.10%
Persistent Systems Limited IT - Software	0.10%	0.16%	0.10%
Prestige Estates Projects Limited Realty	0.10%	0.16%	0.10%
ICICI Prudential Life Insurance Company Limited Insurance	0.10%	0.38%	0.10%
Sona BLW Precision Forgings Limited Auto Components	0.22%	0.09%	0.09%
Kaynes Technology India Ltd Industrial Manufacturing	0.11%	0.09%	0.09%
Manappuram Finance Limited Finance	0.09%	0.25%	0.09%
Minda Industries Ltd Auto Components	0.09%	0.34%	0.09%
Trent Limited Retailing	0.25%	0.08%	0.08%
Asian Paints Limited Consumer Durables	0.17%	0.08%	0.08%
The Indian Hotels Company Limited Leisure Services	0.08%	0.09%	0.08%
Delhivery Ltd Transport Services	0.08%	0.40%	0.08%
Dixon Technologies (India) Limited Consumer Durables	0.08%	0.09%	0.08%
REC Limited Finance	0.08%	0.72%	0.08%
Phoenix Mills Limited Realty	0.08%	0.19%	0.08%
PNB Housing Finance Limited Finance	0.30%	0.07%	0.07%
KALYAN JEWELLERS INDIA LTD Consumer Durables	0.29%	0.07%	0.07%
CG Power and Industrial Solutions Limited Electrical Equipment	0.09%	0.07%	0.07%
Jindal Steel & Power Limited Ferrous Metals	0.08%	0.07%	0.07%
Life Insurance Corp of India Insurance	0.07%	0.12%	0.07%
Hero MotoCorp Limited Automobiles	0.07%	0.39%	0.07%
Lupin Limited Pharmaceuticals & Biotechnology	0.07%	0.13%	0.07%
WAAREE Energies Ltd Electrical Equipment	0.07%	0.10%	0.07%
Marico Limited Agricultural Food & other Products	0.34%	0.06%	0.06%
Indian Oil Corporation Limited Petroleum Products	0.25%	0.06%	0.06%
Tata Motors Passenger Vehicles Limited Automobiles	0.06%	0.09%	0.06%
Havells India Limited Consumer Durables	0.06%	0.15%	0.06%
MphasiS Limited IT - Software	0.06%	0.10%	0.06%
Bajaj Holdings & Investments Limited Finance	0.06%	0.10%	0.06%
Tata Consumer Products Limited Agricultural Food & other Products	0.06%	0.48%	0.06%
Godrej Properties Limited Realty	0.29%	0.05%	0.05%
Samvardhana Motherson International Limited Auto Components	0.16%	0.05%	0.05%
Computer Age Management Services Limited Capital Markets	0.06%	0.05%	0.05%
ABB India Limited Electrical Equipment	0.05%	0.19%	0.05%
Indian Bank Banks	0.05%	0.05%	0.05%
United Spirits Limited Beverages	0.47%	0.04%	0.04%
Bank of India Banks	0.29%	0.04%	0.04%
NBCC (India) Limited Construction	0.22%	0.04%	0.04%
Cummins India Limited Industrial Products	0.04%	0.35%	0.04%
Power Finance Corporation Limited Finance	0.04%	0.22%	0.04%
PG Electroplast Ltd Consumer Durables	0.04%	0.05%	0.04%
Muthoot Finance Limited Finance	0.04%	0.30%	0.04%
JSW Energy Limited Power	0.21%	0.03%	0.03%
IndusInd Bank Limited Banks	0.04%	0.03%	0.03%
ANGEL ONE LIMITED Capital Markets	0.04%	0.03%	0.03%
Siemens Limited Electrical Equipment	0.03%	0.03%	0.03%
RBL Bank Limited Banks	0.39%	0.02%	0.02%
Mazagon Dock Shipbuilders Limited Industrial Manufacturing	0.19%	0.02%	0.02%
Cipla Limited Pharmaceuticals & Biotechnology	0.12%	0.02%	0.02%
360 ONE WAM Ltd Capital Markets	0.03%	0.02%	0.02%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.02%	0.07%	0.02%
Dabur India Limited Personal Products	0.02%	0.23%	0.02%
Syngene International Limited Healthcare Services	0.02%	0.09%	0.02%
ICICI Lombard General Insurance Company Limited Insurance	0.02%	0.02%	0.02%
Blue Star Limited Consumer Durables	0.02%	0.05%	0.02%
Cholamandalam Investment and Finance Company Limited Finance	0.02%	0.98%	0.02%
FSN E-Commerce Ventures Limited Retailing	0.02%	0.31%	0.02%
Inox Wind Limited Electrical Equipment	0.02%	0.09%	0.02%
Dalmia Bharat Limited Cement & Cement Products	0.02%	0.08%	0.02%
Container Corporation of India Limited Transport Services	0.02%	0.21%	0.02%
Bharat Forge Limited Auto Components	0.02%	0.04%	0.02%
Infosys Limited IT - Software	0.31%	0.01%	0.01%
Petronet LNG Limited Gas	0.15%	0.01%	0.01%
BSE Limited Capital Markets	0.14%	0.01%	0.01%
Tata Technologies Ltd IT - Services	0.03%	0.01%	0.01%
Hitachi Energy India Limited Electrical Equipment	0.01%	0.02%	0.01%
KPIT Technologies Limited IT - Software	0.01%	0.04%	0.01%
Page Industries Limited Textiles & Apparels	0.01%	0.01%	0.01%
Hindustan Unilever Limited Diversified FMCG	0.01%	0.02%	0.01%
Bosch Limited Auto Components	0.01%	0.20%	0.01%
NHPC Limited Power	0.01%	0.27%	0.01%
NUVAMA WEALTH MANAGEMENT LTD Capital Markets	0.01%	0.01%	0.01%
Oil India Limited Oil	0.01%	0.05%	0.01%
Aditya Birla Capital Limited Finance	0.37%	0.00%	0.00%
Pidilite Industries Limited Chemicals & Petrochemicals	0.11%	0.00%	0.00%
Tube Investments of India Limited Auto Components	0.10%	0.00%	0.00%
Tata Consultancy Services Limited IT - Software	0.05%	0.00%	0.00%
Premier Energies Ltd Electrical Equipment	0.00%	0.00%	0.00%
Godrej Consumer Products Limited Personal Products	0.00%	0.06%	0.00%
Adani Enterprises Limited Metals & Minerals Trading	0.00%	0.57%	0.00%

Unique to ADITYA BIRLA SUN LIFE ARBITRAG

All top holdings are shared with the other fund.

Unique to Kotak Arbitrage

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

12.2% (15)

Telecom - Services

3.0% (3)

Petroleum Products

3.0% (4)

Finance

2.9% (14)

Automobiles

2.2% (6)

Ferrous Metals

2.2% (4)

Pharmaceuticals & Biotechnology

2.0% (11)

Power

2.0% (7)

Retailing

1.6% (3)

Cement & Cement Products

1.3% (4)

Non - Ferrous Metals

1.1% (3)

Consumer Durables

1.0% (8)

Food Products

0.9% (2)

Diversified FMCG

0.9% (2)

Diversified Metals

0.9% (1)

Healthcare Services

0.9% (4)

Electrical Equipment

0.8% (9)

Insurance

0.7% (6)

Oil

0.7% (2)

IT - Software

0.6% (7)

Construction

0.6% (2)

Financial Technology (Fintech)

0.6% (2)

Transport Infrastructure

0.6% (2)

Realty

0.6% (5)

Aerospace & Defense

0.6% (2)

Gas

0.5% (2)

Auto Components

0.4% (7)

Industrial Products

0.4% (3)

Transport Services

0.3% (3)

Agricultural Food & other Products

0.3% (3)

Minerals & Mining

0.3% (1)

Fertilizers & Agrochemicals

0.3% (1)

Chemicals & Petrochemicals

0.3% (3)

Capital Markets

0.2% (6)

Consumable Fuels

0.2% (1)

Beverages

0.2% (2)

Industrial Manufacturing

0.1% (2)

Leisure Services

0.1% (1)

Personal Products

0.0% (2)

IT - Services

0.0% (1)

Textiles & Apparels

0.0% (1)

Metals & Minerals Trading

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 Kotak Arbitrage

vs IB33-GROWW NIFTY 200 ETF51.6% · 152 stocks
vs HDFC BSE 500 INDEX51.0% · 173 stocks
vs HDFC BSE 500 ETF51.0% · 173 stocks
vs ICICI Prudential BSE 500 ETF51.0% · 173 stocks
vs Axis Nifty 500 Index50.8% · 174 stocks

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