ADITYA BIRLA SUN LIFE NIFTY INDIA DEFENCE INDEX FUND vs Mirae Asset BSE India Defence ETF
ABSL vs Mirae· Portfolio Overlap Analysis
74.1%High Overlap
18 common stocksRank #2830 / 5,000
Investor takeaway: These funds overlap 74.1%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (18)
| Stock | Wt% in ADITYA BIRLA SUN LIFE NIFTY IN | Wt% in Mirae Asset BSE India Defence | Overlap |
|---|---|---|---|
Bharat Electronics Limited Aerospace & Defense | 21.25% | 16.43% | 16.43% |
Hindustan Aeronautics Limited Aerospace & Defense | 16.90% | 13.05% | 13.05% |
Solar Industries India Limited Chemicals & Petrochemicals | 11.20% | 11.74% | 11.20% |
Mazagon Dock Shipbuilders Limited Industrial Manufacturing | 5.75% | 6.07% | 5.75% |
Cochin Shipyard Limited Industrial Manufacturing | 4.30% | 4.47% | 4.30% |
Bharat Dynamics Limited Aerospace & Defense | 3.97% | 4.13% | 3.97% |
Bharat Forge Limited Auto Components | 17.34% | 3.66% | 3.66% |
Data Patterns India Private Limited Aerospace & Defense | 3.24% | 3.39% | 3.24% |
Astra Microwave Products Limited Aerospace & Defense | 2.79% | 2.91% | 2.79% |
MTAR Technologies Limited Aerospace & Defense | 2.74% | 2.88% | 2.74% |
Garden Reach Shipbuilders & Engineers Limited Aerospace & Defense | 2.43% | 2.48% | 2.43% |
Zen Technologies Ltd Aerospace & Defense | 2.13% | 2.23% | 2.13% |
Paras Defence & Space Technologies Ltd Aerospace & Defense | 0.77% | 0.81% | 0.77% |
Mishra Dhatu Nigam Limited Aerospace & Defense | 0.58% | 0.60% | 0.58% |
BEML Limited Agricultural Commercial & Construction Vehicles | 2.19% | 0.46% | 0.46% |
Dynamatic Technologies Ltd Industrial Manufacturing | 1.34% | 0.28% | 0.28% |
Unimech Aerospace And Manufacturing Ltd Aerospace & Defense | 0.19% | 0.21% | 0.19% |
Cyient DLM Ltd Aerospace & Defense | 0.41% | 0.09% | 0.09% |
Unique to ADITYA BIRLA SUN LIFE NIFTY IN
All top holdings are shared with the other fund.
Unique to Mirae Asset BSE India Defence
- Larsen & Toubro Ltd.5.12%
- Mahindra & Mahindra Ltd.4.47%
- Ashok Leyland Ltd.4.34%
- Adani Enterprises Ltd.4.11%
Sector Overlap Breakdown
Aerospace & Defense48.4% (12)
Chemicals & Petrochemicals11.2% (1)
Industrial Manufacturing10.3% (3)
Auto Components3.7% (1)
Agricultural Commercial & Construction Vehicles0.5% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.