ADITYA BIRLA SUN LIFE MSCI INDIA ETF vs NIPPON INDIA INDEX FUND - NIFTY 50 PLAN

ABSL vs Nippon· Portfolio Overlap Analysis

67.5%High Overlap

50 common stocksRank #3495 / 5,000

Investor takeaway: These funds overlap 67.5%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (50)

Stock	Wt% in ADITYA BIRLA SUN LIFE MSCI IND	Wt% in NIPPON INDIA INDEX FUND - NIFT	Overlap
HDFC Bank Limited Banks	7.37%	11.82%	7.37%
Reliance Industries Limited Petroleum Products	6.19%	8.19%	6.19%
ICICI Bank Limited Banks	5.32%	8.57%	5.32%
Bharti Airtel Limited Telecom - Services	3.51%	4.56%	3.51%
Infosys Limited IT - Software	3.07%	3.96%	3.07%
Axis Bank Limited Banks	2.32%	3.45%	2.32%
Mahindra & Mahindra Limited Automobiles	2.31%	2.64%	2.31%
Larsen & Toubro Limited Construction	2.10%	4.37%	2.10%
Bajaj Finance Limited Finance	2.03%	2.30%	2.03%
Tata Consultancy Services Limited IT - Software	1.74%	2.34%	1.74%
Kotak Mahindra Bank Limited Banks	1.66%	2.66%	1.66%
State Bank of India Banks	1.62%	4.34%	1.62%
Hindustan Unilever Limited Diversified FMCG	1.40%	1.81%	1.40%
Maruti Suzuki India Limited Automobiles	1.35%	1.70%	1.35%
NTPC Limited Power	1.21%	1.58%	1.21%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.21%	1.60%	1.21%
Bharat Electronics Limited Aerospace & Defense	1.18%	1.39%	1.18%
Tata Steel Limited Ferrous Metals	1.16%	1.53%	1.16%
Titan Company Limited Consumer Durables	1.12%	1.55%	1.12%
Shriram Finance Ltd Finance	1.11%	1.32%	1.11%
UltraTech Cement Limited Cement & Cement Products	1.08%	1.31%	1.08%
Power Grid Corporation of India Limited Power	1.01%	1.18%	1.01%
HCL Technologies Limited IT - Software	0.96%	1.28%	0.96%
Hindalco Industries Limited Non - Ferrous Metals	0.91%	1.16%	0.91%
Eicher Motors Limited Automobiles	0.80%	0.96%	0.80%
ITC Limited Diversified FMCG	0.69%	2.63%	0.69%
SBI Life Insurance Company Limited Insurance	0.67%	0.80%	0.67%
InterGlobe Aviation Limited Transport Services	0.67%	0.95%	0.67%
Asian Paints Limited Consumer Durables	0.66%	0.93%	0.66%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.95%	0.64%
Nestle India Limited Food Products	0.64%	0.81%	0.64%
Max Healthcare Institute Limited Healthcare Services	0.62%	0.71%	0.62%
Apollo Hospitals Enterprise Limited Healthcare Services	0.61%	0.70%	0.61%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.60%	0.98%	0.60%
Coal India Limited Consumable Fuels	0.58%	0.85%	0.58%
Tata Motors Passenger Vehicles Limited Automobiles	0.56%	0.70%	0.56%
JSW Steel Limited Ferrous Metals	0.56%	1.03%	0.56%
Bajaj Finserv Limited Finance	0.56%	0.99%	0.56%
Cipla Limited Pharmaceuticals & Biotechnology	0.55%	0.66%	0.55%
Grasim Industries Limited Cement & Cement Products	0.55%	0.93%	0.55%
Tech Mahindra Limited IT - Software	0.53%	0.75%	0.53%
Jio Financial Services Limited Finance	0.53%	0.73%	0.53%
Trent Limited Retailing	0.51%	0.75%	0.51%
Dr. Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.51%	0.68%	0.51%
HDFC Life Insurance Company Limited Insurance	0.51%	0.67%	0.51%
Tata Consumer Products Limited Agricultural Food & other Products	0.49%	0.65%	0.49%
Bajaj Auto Limited Automobiles	0.48%	0.96%	0.48%
Eternal Limited Retailing	0.43%	1.54%	0.43%
Wipro Limited IT - Software	0.38%	0.50%	0.38%
Adani Enterprises Limited Metals & Minerals Trading	0.25%	0.49%	0.25%

Unique to ADITYA BIRLA SUN LIFE MSCI IND

All top holdings are shared with the other fund.

Unique to NIPPON INDIA INDEX FUND - NIFT

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

18.3% (5)

IT - Software

6.7% (5)

Petroleum Products

6.2% (1)

Automobiles

5.5% (5)

Finance

4.2% (4)

Telecom - Services

3.5% (1)

Pharmaceuticals & Biotechnology

2.3% (3)

Power

2.2% (2)

Construction

2.1% (1)

Diversified FMCG

2.1% (2)

Consumer Durables

1.8% (2)

Ferrous Metals

1.7% (2)

Cement & Cement Products

1.6% (2)

Healthcare Services

1.2% (2)

Aerospace & Defense

1.2% (1)

Insurance

1.2% (2)

Retailing

0.9% (2)

Non - Ferrous Metals

0.9% (1)

Transport Services

0.7% (1)

Oil

0.6% (1)

Food Products

0.6% (1)

Transport Infrastructure

0.6% (1)

Consumable Fuels

0.6% (1)

Agricultural Food & other Products

0.5% (1)

Metals & Minerals Trading

0.3% (1)

More comparisons for ADITYA BIRLA SUN LIFE MSCI IND

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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 NIPPON INDIA INDEX FUND - NIFT

vs ADITYA BIRLA SUN LIFE NIFTY 5099.9% · 50 stocks
vs Bajaj Finserv Nifty 50 Index99.9% · 50 stocks
vs HDFC NIFTY 50 ETF99.9% · 50 stocks
vs HDFC Nifty 50 Index99.9% · 50 stocks
vs ICICI Prudential Nifty 50 ETF99.9% · 50 stocks

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