ADITYA BIRLA SUN LIFE MSCI INDIA ETF vs NIPPON INDIA BALANCED ADVANTAGE FUND

ABSL vs Nippon· Portfolio Overlap Analysis

48.2%High Overlap
58 common stocksRank #11973 / 20,000

Investor takeaway: At 48.2% 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 (58)

StockWt% in ADITYA BIRLA SUN LIFE MSCI INDWt% in NIPPON INDIA BALANCED ADVANTAGOverlap
ICICI Bank Limited
Banks
5.32%5.35%5.32%
HDFC Bank Limited
Banks
7.37%3.91%3.91%
Reliance Industries Limited
Petroleum Products
6.19%2.66%2.66%
Infosys Limited
IT - Software
3.07%2.54%2.54%
Bharti Airtel Limited
Telecom - Services
3.51%2.33%2.33%
Axis Bank Limited
Banks
2.32%2.41%2.32%
Mahindra & Mahindra Limited
Automobiles
2.31%2.30%2.30%
Larsen & Toubro Limited
Construction
2.10%2.00%2.00%
Bajaj Finance Limited
Finance
2.03%1.90%1.90%
State Bank of India
Banks
1.62%3.43%1.62%
NTPC Limited
Power
1.21%2.27%1.21%
Kotak Mahindra Bank Limited
Banks
1.66%1.07%1.07%
Hindustan Unilever Limited
Diversified FMCG
1.40%0.90%0.90%
Maruti Suzuki India Limited
Automobiles
1.35%0.87%0.87%
Tata Steel Limited
Ferrous Metals
1.16%0.72%0.72%
ITC Limited
Diversified FMCG
0.69%1.16%0.69%
SBI Life Insurance Company Limited
Insurance
0.67%0.84%0.67%
TVS Motor Company Limited
Automobiles
0.67%1.10%0.67%
InterGlobe Aviation Limited
Transport Services
0.67%0.75%0.67%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.61%0.69%0.61%
Hindustan Aeronautics Limited
Aerospace & Defense
0.57%0.69%0.57%
Grasim Industries Limited
Cement & Cement Products
0.55%0.96%0.55%
Tech Mahindra Limited
IT - Software
0.53%0.63%0.53%
Cholamandalam Investment and Finance Company Limited
Finance
0.53%0.96%0.53%
HDFC Life Insurance Company Limited
Insurance
0.51%0.69%0.51%
Cummins India Limited
Industrial Products
0.49%0.66%0.49%
Vedanta Limited
Diversified Metals
0.72%0.47%0.47%
Britannia Industries Limited
Food Products
0.47%0.87%0.47%
Titan Company Limited
Consumer Durables
1.12%0.46%0.46%
Avenue Supermarts Limited
Retailing
0.46%0.79%0.46%
Varun Beverages Limited
Beverages
0.44%0.61%0.44%
Tata Power Company Limited
Power
0.44%0.73%0.44%
Eternal Limited
Retailing
0.43%1.02%0.43%
Lupin Limited
Pharmaceuticals & Biotechnology
0.42%0.95%0.42%
The Indian Hotels Company Limited
Leisure Services
0.42%0.45%0.42%
Samvardhana Motherson International Limited
Auto Components
0.41%1.05%0.41%
Bharat Electronics Limited
Aerospace & Defense
1.18%0.37%0.37%
PB Fintech Limited
Financial Technology (Fintech)
0.37%0.64%0.37%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.37%0.79%0.37%
Godrej Consumer Products Limited
Personal Products
0.36%1.13%0.36%
GE Vernova T&D India Ltd
Electrical Equipment
0.36%1.08%0.36%
ICICI Lombard General Insurance Company Limited
Insurance
0.34%0.35%0.34%
Jindal Steel & Power Limited
Ferrous Metals
0.32%0.60%0.32%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.31%0.54%0.31%
Dixon Technologies (India) Limited
Consumer Durables
0.28%0.48%0.28%
SRF Limited
Chemicals & Petrochemicals
0.28%0.41%0.28%
Indus Towers Limited
Telecom - Services
0.44%0.26%0.26%
LTIMindtree Limited
IT - Software
0.24%0.65%0.24%
Pidilite Industries Limited
Chemicals & Petrochemicals
0.33%0.23%0.23%
ABB India Limited
Electrical Equipment
0.23%0.50%0.23%
FSN E-Commerce Ventures Limited
Retailing
0.22%1.33%0.22%
United Spirits Limited
Beverages
0.29%0.21%0.21%
Bharat Heavy Electricals Limited
Electrical Equipment
0.20%0.55%0.20%
L&T Finance Limited
Finance
0.18%0.53%0.18%
Prestige Estates Projects Limited
Realty
0.17%0.50%0.17%
Jubilant Foodworks Limited
Leisure Services
0.15%0.38%0.15%
Page Industries Limited
Textiles & Apparels
0.13%0.46%0.13%
Muthoot Finance Limited
Finance
0.29%0.05%0.05%

Unique to ADITYA BIRLA SUN LIFE MSCI IND

  • Tata Consultancy Services Limited1.74%

Unique to NIPPON INDIA BALANCED ADVANTAG

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
14.2% (5)
Automobiles
3.8% (3)
IT - Software
3.3% (3)
Petroleum Products
3.0% (2)
Finance
2.7% (4)
Telecom - Services
2.6% (2)
Construction
2.0% (1)
Power
1.6% (2)
Diversified FMCG
1.6% (2)
Insurance
1.5% (3)
Electrical Equipment
1.2% (4)
Retailing
1.1% (3)
Ferrous Metals
1.0% (2)
Aerospace & Defense
0.9% (2)
Consumer Durables
0.7% (2)
Transport Services
0.7% (1)
Beverages
0.7% (2)
Healthcare Services
0.6% (1)
Leisure Services
0.6% (2)
Cement & Cement Products
0.6% (1)
Chemicals & Petrochemicals
0.5% (2)
Industrial Products
0.5% (1)
Diversified Metals
0.5% (1)
Food Products
0.5% (1)
Pharmaceuticals & Biotechnology
0.4% (1)
Auto Components
0.4% (1)
Financial Technology (Fintech)
0.4% (1)
Personal Products
0.4% (1)
Realty
0.2% (1)
Textiles & Apparels
0.1% (1)

More comparisons for ADITYA BIRLA SUN LIFE MSCI IND

More comparisons for NIPPON INDIA BALANCED ADVANTAG

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