ADITYA BIRLA SUN LIFE BANKING AND FINANCIAL SERVICES FUND vs NIPPON INDIA BANKING & FINANCIAL SERVICES FUND

ABSL vs Nippon· Portfolio Overlap Analysis

59.0%High Overlap
16 common stocksRank #5422 / 20,000

Investor takeaway: At 59.0% 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 (16)

StockWt% in ADITYA BIRLA SUN LIFE BANKING Wt% in NIPPON INDIA BANKING & FINANCIOverlap
HDFC Bank Limited
Banks
13.07%14.24%13.07%
ICICI Bank Limited
Banks
13.96%13.04%13.04%
Axis Bank Limited
Banks
8.67%9.80%8.67%
State Bank of India
Banks
6.28%6.51%6.28%
Kotak Mahindra Bank Limited
Banks
4.01%3.10%3.10%
SBI Life Insurance Company Limited
Insurance
2.46%3.50%2.46%
Cholamandalam Financial Holdings Limited
Finance
2.32%2.48%2.32%
Bajaj Finance Limited
Finance
5.79%1.71%1.71%
ICICI Prudential Mutual Fund
Capital Markets
1.62%2.51%1.62%
AU Small Finance Bank Limited
Banks
3.51%1.54%1.54%
Bajaj Finserv Limited
Finance
1.09%3.23%1.09%
PNB Housing Finance Limited
Finance
2.06%1.05%1.05%
ICICI Lombard General Insurance Company Limited
Insurance
2.93%0.92%0.92%
Star Health & Allied Insurance Limited
Insurance
0.79%1.03%0.79%
IndusInd Bank Limited
Banks
0.77%2.63%0.77%
HDB Financial Services Limited
Finance
1.85%0.52%0.52%

Unique to ADITYA BIRLA SUN LIFE BANKING

  • Shriram Finance Ltd3.52%
  • Bank of Maharashtra2.55%

Unique to NIPPON INDIA BANKING & FINANCI

  • SBI Cards and Payment Services Limited3.83%
  • Bank of Baroda2.78%
  • The Federal Bank Limited2.76%

Sector Overlap Breakdown

Banks
46.5% (7)
Finance
6.7% (5)
Insurance
4.2% (3)
Capital Markets
1.6% (1)

More comparisons for ADITYA BIRLA SUN LIFE BANKING

More comparisons for NIPPON INDIA BANKING & FINANCI

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