ADITYA BIRLA SUN LIFE MSCI INDIA ETF vs Axis Nifty 500 Index Fund

ABSL vs Axis· Portfolio Overlap Analysis

79.4%High Overlap

163 common stocksRank #2691 / 5,000

Investor takeaway: These funds overlap 79.4%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (163)

Stock	Wt% in ADITYA BIRLA SUN LIFE MSCI IND	Wt% in Axis Nifty 500 Index	Overlap
HDFC Bank Limited Banks	7.37%	6.95%	6.95%
ICICI Bank Limited Banks	5.32%	5.04%	5.04%
Reliance Industries Limited Petroleum Products	6.19%	4.82%	4.82%
Bharti Airtel Limited Telecom - Services	3.51%	2.68%	2.68%
Infosys Limited IT - Software	3.07%	2.33%	2.33%
Larsen & Toubro Limited Construction	2.10%	2.57%	2.10%
Axis Bank Limited Banks	2.32%	2.03%	2.03%
State Bank of India Banks	1.62%	2.55%	1.62%
Kotak Mahindra Bank Limited Banks	1.66%	1.56%	1.56%
Mahindra & Mahindra Limited Automobiles	2.31%	1.55%	1.55%
Tata Consultancy Services Limited IT - Software	1.74%	1.38%	1.38%
Bajaj Finance Limited Finance	2.03%	1.35%	1.35%
Hindustan Unilever Limited Diversified FMCG	1.40%	1.06%	1.06%
Maruti Suzuki India Limited Automobiles	1.35%	0.99%	0.99%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.21%	0.94%	0.94%
NTPC Limited Power	1.21%	0.93%	0.93%
Titan Company Limited Consumer Durables	1.12%	0.91%	0.91%
Tata Steel Limited Ferrous Metals	1.16%	0.90%	0.90%
Bharat Electronics Limited Aerospace & Defense	1.18%	0.81%	0.81%
Shriram Finance Ltd Finance	1.11%	0.77%	0.77%
UltraTech Cement Limited Cement & Cement Products	1.08%	0.77%	0.77%
HCL Technologies Limited IT - Software	0.96%	0.75%	0.75%
Power Grid Corporation of India Limited Power	1.01%	0.69%	0.69%
Hindalco Industries Limited Non - Ferrous Metals	0.91%	0.69%	0.69%
ITC Limited Diversified FMCG	0.69%	1.54%	0.69%
Vedanta Limited Diversified Metals	0.72%	0.62%	0.62%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.60%	0.57%	0.57%
Eicher Motors Limited Automobiles	0.80%	0.56%	0.56%
InterGlobe Aviation Limited Transport Services	0.67%	0.56%	0.56%
JSW Steel Limited Ferrous Metals	0.56%	0.61%	0.56%
Bajaj Finserv Limited Finance	0.56%	0.58%	0.56%
Asian Paints Limited Consumer Durables	0.66%	0.55%	0.55%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.55%	0.55%
Grasim Industries Limited Cement & Cement Products	0.55%	0.54%	0.54%
Coal India Limited Consumable Fuels	0.58%	0.50%	0.50%
Bajaj Auto Limited Automobiles	0.48%	0.56%	0.48%
Nestle India Limited Food Products	0.64%	0.47%	0.47%
SBI Life Insurance Company Limited Insurance	0.67%	0.46%	0.46%
TVS Motor Company Limited Automobiles	0.67%	0.46%	0.46%
Tech Mahindra Limited IT - Software	0.53%	0.44%	0.44%
Trent Limited Retailing	0.51%	0.44%	0.44%
Jio Financial Services Limited Finance	0.53%	0.43%	0.43%
Eternal Limited Retailing	0.43%	0.91%	0.43%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.56%	0.42%	0.42%
Max Healthcare Institute Limited Healthcare Services	0.62%	0.41%	0.41%
Apollo Hospitals Enterprise Limited Healthcare Services	0.61%	0.41%	0.41%
Tata Motors Passenger Vehicles Limited Automobiles	0.56%	0.41%	0.41%
Dr. Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.51%	0.40%	0.40%
Cipla Limited Pharmaceuticals & Biotechnology	0.55%	0.39%	0.39%
HDFC Life Insurance Company Limited Insurance	0.51%	0.39%	0.39%
BSE Limited Capital Markets	0.39%	0.57%	0.39%
Hindustan Aeronautics Limited Aerospace & Defense	0.57%	0.38%	0.38%
Hero MotoCorp Limited Automobiles	0.50%	0.38%	0.38%
Tata Consumer Products Limited Agricultural Food & other Products	0.49%	0.38%	0.38%
Bharat Petroleum Corporation Limited Petroleum Products	0.43%	0.38%	0.38%
Cholamandalam Investment and Finance Company Limited Finance	0.53%	0.37%	0.37%
Britannia Industries Limited Food Products	0.47%	0.36%	0.36%
Indian Oil Corporation Limited Petroleum Products	0.39%	0.36%	0.36%
Cummins India Limited Industrial Products	0.49%	0.34%	0.34%
Tata Power Company Limited Power	0.44%	0.32%	0.32%
IndusInd Bank Limited Banks	0.40%	0.32%	0.32%
Ashok Leyland Limited Agricultural Commercial & Construction Vehicles	0.45%	0.31%	0.31%
Power Finance Corporation Limited Finance	0.45%	0.31%	0.31%
Varun Beverages Limited Beverages	0.44%	0.31%	0.31%
Indus Towers Limited Telecom - Services	0.44%	0.31%	0.31%
The Indian Hotels Company Limited Leisure Services	0.42%	0.30%	0.30%
Samvardhana Motherson International Limited Auto Components	0.41%	0.30%	0.30%
Avenue Supermarts Limited Retailing	0.46%	0.29%	0.29%
Lupin Limited Pharmaceuticals & Biotechnology	0.42%	0.29%	0.29%
Wipro Limited IT - Software	0.38%	0.29%	0.29%
AU Small Finance Bank Limited Banks	0.39%	0.28%	0.28%
HDFC Asset Management Company Limited Capital Markets	0.38%	0.28%	0.28%
Adani Power Limited Power	0.30%	0.28%	0.28%
Persistent Systems Limited IT - Software	0.38%	0.26%	0.26%
PB Fintech Limited Financial Technology (Fintech)	0.37%	0.26%	0.26%
Bharat Forge Limited Auto Components	0.33%	0.26%	0.26%
Suzlon Energy Limited Electrical Equipment	0.32%	0.26%	0.26%
CG Power and Industrial Solutions Limited Electrical Equipment	0.37%	0.25%	0.25%
Godrej Consumer Products Limited Personal Products	0.36%	0.25%	0.25%
GE Vernova T&D India Ltd Electrical Equipment	0.36%	0.25%	0.25%
Fortis Healthcare Limited Healthcare Services	0.34%	0.25%	0.25%
Adani Enterprises Limited Metals & Minerals Trading	0.25%	0.29%	0.25%
Pidilite Industries Limited Chemicals & Petrochemicals	0.33%	0.24%	0.24%
Jindal Steel & Power Limited Ferrous Metals	0.32%	0.24%	0.24%
Bank of Baroda Banks	0.24%	0.30%	0.24%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.37%	0.23%	0.23%
ICICI Lombard General Insurance Company Limited Insurance	0.34%	0.23%	0.23%
POLYCAB INDIA Limited Industrial Products	0.33%	0.23%	0.23%
One 97 Communications Limited Financial Technology (Fintech)	0.31%	0.23%	0.23%
REC Limited Finance	0.30%	0.23%	0.23%
GAIL (India) Limited Gas	0.28%	0.23%	0.23%
Hindustan Petroleum Corporation Limited Petroleum Products	0.31%	0.22%	0.22%
Marico Limited Agricultural Food & other Products	0.30%	0.22%	0.22%
Dixon Technologies (India) Limited Consumer Durables	0.28%	0.22%	0.22%
Punjab National Bank Banks	0.22%	0.23%	0.22%
Swiggy Ltd Retailing	0.30%	0.21%	0.21%
APL Apollo Tubes Limited Industrial Products	0.29%	0.21%	0.21%
United Spirits Limited Beverages	0.29%	0.21%	0.21%
LTIMindtree Limited IT - Software	0.24%	0.21%	0.21%
Canara Bank Banks	0.21%	0.27%	0.21%
DLF Limited Realty	0.33%	0.20%	0.20%
Info Edge (India) Limited Retailing	0.27%	0.20%	0.20%
Union Bank of India Banks	0.23%	0.20%	0.20%
Bajaj Holdings & Investments Limited Finance	0.20%	0.24%	0.20%
Muthoot Finance Limited Finance	0.29%	0.19%	0.19%
SRF Limited Chemicals & Petrochemicals	0.28%	0.19%	0.19%
Sundaram Finance Limited Finance	0.27%	0.19%	0.19%
Yes Bank Limited Banks	0.24%	0.19%	0.19%
FSN E-Commerce Ventures Limited Retailing	0.22%	0.19%	0.19%
GMR Airport Ltd Transport Infrastructure	0.19%	0.19%	0.19%
IDFC First Bank Limited Banks	0.19%	0.25%	0.19%
Voltas Limited Consumer Durables	0.24%	0.18%	0.18%
UPL Limited Fertilizers & Agrochemicals	0.24%	0.18%	0.18%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.23%	0.18%	0.18%
Havells India Limited Consumer Durables	0.22%	0.18%	0.18%
Bharat Heavy Electricals Limited Electrical Equipment	0.20%	0.18%	0.18%
Solar Industries India Limited Chemicals & Petrochemicals	0.27%	0.17%	0.17%
Hitachi Energy India Limited Electrical Equipment	0.23%	0.17%	0.17%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.19%	0.17%	0.17%
Shree Cement Limited Cement & Cement Products	0.17%	0.18%	0.17%
Hyundai Motor India Ltd Automobiles	0.26%	0.16%	0.16%
Phoenix Mills Limited Realty	0.24%	0.16%	0.16%
ABB India Limited Electrical Equipment	0.23%	0.16%	0.16%
Ambuja Cements Limited Cement & Cement Products	0.23%	0.16%	0.16%
Siemens Limited Electrical Equipment	0.22%	0.16%	0.16%
Dabur India Limited Personal Products	0.20%	0.16%	0.16%
Bosch Limited Auto Components	0.18%	0.16%	0.16%
Tube Investments of India Limited Auto Components	0.21%	0.15%	0.15%
Vodafone Idea Limited Telecom - Services	0.21%	0.15%	0.15%
Torrent Power Limited Power	0.20%	0.15%	0.15%
Colgate Palmolive (India) Limited Personal Products	0.20%	0.15%	0.15%
NMDC Limited Minerals & Mining	0.18%	0.15%	0.15%
MRF Limited Auto Components	0.23%	0.14%	0.14%
Lodha Developers Limited Realty	0.22%	0.14%	0.14%
Oil India Limited Oil	0.17%	0.14%	0.14%
MphasiS Limited IT - Software	0.21%	0.13%	0.13%
Mankind Pharma Ltd Pharmaceuticals & Biotechnology	0.20%	0.13%	0.13%
Aditya Birla Capital Limited Finance	0.20%	0.13%	0.13%
Siemens Limited Electrical Equipment	0.19%	0.13%	0.13%
Coromandel International Limited Fertilizers & Agrochemicals	0.19%	0.13%	0.13%
Godrej Properties Limited Realty	0.19%	0.13%	0.13%
Jindal Stainless Limited Ferrous Metals	0.19%	0.13%	0.13%
Supreme Industries Limited Industrial Products	0.18%	0.13%	0.13%
Vishal Mega Mart Ltd Retailing	0.18%	0.13%	0.13%
Petronet LNG Limited Gas	0.18%	0.13%	0.13%
ICICI Prudential Life Insurance Company Limited Insurance	0.17%	0.13%	0.13%
PI Industries Litmited Fertilizers & Agrochemicals	0.17%	0.13%	0.13%
WAAREE Energies Ltd Electrical Equipment	0.17%	0.13%	0.13%
JSW Energy Limited Power	0.16%	0.13%	0.13%
L&T Finance Limited Finance	0.18%	0.12%	0.12%
Prestige Estates Projects Limited Realty	0.17%	0.12%	0.12%
NHPC Limited Power	0.17%	0.12%	0.12%
SBI Cards & Payment Services Limited Finance	0.16%	0.12%	0.12%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.13%	0.12%	0.12%
Astral Limited Industrial Products	0.15%	0.11%	0.11%
Jubilant Foodworks Limited Leisure Services	0.15%	0.10%	0.10%
Balkrishna Industries Limited Auto Components	0.13%	0.10%	0.10%
Tata Communications Limited Telecom - Services	0.13%	0.10%	0.10%
Page Industries Limited Textiles & Apparels	0.13%	0.10%	0.10%
Oberoi Realty Limited Realty	0.14%	0.09%	0.09%
Rail Vikas Nigam Limited Construction	0.12%	0.09%	0.09%
KALYAN JEWELLERS INDIA LTD Consumer Durables	0.12%	0.08%	0.08%
Oracle Financial Services Software Limited IT - Software	0.11%	0.08%	0.08%

Unique to ADITYA BIRLA SUN LIFE MSCI IND

All top holdings are shared with the other fund.

Unique to Axis Nifty 500 Index

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

19.1% (13)

IT - Software

5.9% (9)

Petroleum Products

5.8% (4)

Automobiles

5.0% (8)

Finance

5.0% (13)

Pharmaceuticals & Biotechnology

3.3% (10)

Telecom - Services

3.2% (4)

Power

2.6% (7)

Construction

2.2% (2)

Consumer Durables

2.1% (6)

Retailing

1.9% (7)

Ferrous Metals

1.8% (4)

Diversified FMCG

1.8% (2)

Electrical Equipment

1.7% (9)

Cement & Cement Products

1.6% (4)

Insurance

1.2% (4)

Aerospace & Defense

1.2% (2)

Auto Components

1.1% (6)

Healthcare Services

1.1% (3)

Industrial Products

1.0% (5)

Realty

0.8% (6)

Food Products

0.8% (2)

Transport Infrastructure

0.8% (2)

Non - Ferrous Metals

0.7% (1)

Oil

0.7% (2)

Capital Markets

0.7% (2)

Diversified Metals

0.6% (1)

Agricultural Food & other Products

0.6% (2)

Chemicals & Petrochemicals

0.6% (3)

Transport Services

0.6% (1)

Personal Products

0.6% (3)

Beverages

0.5% (2)

Consumable Fuels

0.5% (1)

Financial Technology (Fintech)

0.5% (2)

Fertilizers & Agrochemicals

0.4% (3)

Leisure Services

0.4% (2)

Gas

0.4% (2)

Agricultural Commercial & Construction Vehicles

0.3% (1)

Metals & Minerals Trading

0.3% (1)

Minerals & Mining

0.1% (1)

Textiles & Apparels

0.1% (1)

More comparisons for ADITYA BIRLA SUN LIFE MSCI IND

vs Kotak MSCI India ETF99.8% · 164 stocks
vs DSP MSCI India ETF99.1% · 164 stocks
vs IB33-GROWW NIFTY 200 ETF87.7% · 157 stocks
vs SBI BSE 100 ETF83.6% · 98 stocks
vs HDFC NIFTY 100 ETF81.3% · 93 stocks

More comparisons for Axis Nifty 500 Index

vs SBI Nifty 500 Index99.3% · 500 stocks
vs Motilal Oswal Nifty 500 Index99.3% · 500 stocks
vs Motilal Oswal Nifty 500 ETF99.3% · 500 stocks
vs HDFC BSE 500 INDEX98.0% · 477 stocks
vs ICICI Prudential BSE 500 ETF98.0% · 477 stocks

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