ADITYA BIRLA SUN LIFE NIFTY MIDCAP 150 INDEX FUND vs Kotak Nifty Midcap 150 ETF

ABSL vs Kotak· Portfolio Overlap Analysis

99.6%High Overlap

150 common stocksRank #1301 / 5,000

Investor takeaway: These funds overlap 99.6%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (150)

Stock	Wt% in ADITYA BIRLA SUN LIFE NIFTY MI	Wt% in Kotak Nifty Midcap 150 ETF	Overlap
BSE Limited Capital Markets	2.92%	2.92%	2.92%
Hero MotoCorp Limited Automobiles	1.95%	1.95%	1.95%
The Federal Bank Limited Banks	1.94%	1.95%	1.94%
Cummins India Limited Industrial Products	1.74%	1.75%	1.74%
IndusInd Bank Limited Banks	1.66%	1.66%	1.66%
Ashok Leyland Limited Agricultural Commercial & Construction Vehicles	1.59%	1.59%	1.59%
Indus Towers Limited Telecom - Services	1.55%	1.55%	1.55%
Lupin Limited Pharmaceuticals & Biotechnology	1.47%	1.47%	1.47%
HDFC Asset Management Company Limited Capital Markets	1.45%	1.45%	1.45%
AU Small Finance Bank Limited Banks	1.43%	1.43%	1.43%
Suzlon Energy Limited Electrical Equipment	1.36%	1.37%	1.36%
Persistent Systems Limited IT - Software	1.36%	1.36%	1.36%
Bharat Forge Limited Auto Components	1.34%	1.34%	1.34%
PB Fintech Limited Financial Technology (Fintech)	1.33%	1.33%	1.33%
Fortis Healthcare Limited Healthcare Services	1.29%	1.30%	1.29%
IDFC First Bank Limited Banks	1.28%	1.28%	1.28%
Max Financial Services Limited Insurance	1.26%	1.26%	1.26%
GE Vernova T&D India Ltd Electrical Equipment	1.26%	1.26%	1.26%
POLYCAB INDIA Limited Industrial Products	1.19%	1.20%	1.19%
One 97 Communications Limited Financial Technology (Fintech)	1.17%	1.18%	1.17%
Dixon Technologies (India) Limited Consumer Durables	1.14%	1.14%	1.14%
Hindustan Petroleum Corporation Limited Petroleum Products	1.11%	1.11%	1.11%
Marico Limited Agricultural Food & other Products	1.10%	1.10%	1.10%
APL Apollo Tubes Limited Industrial Products	1.07%	1.07%	1.07%
Swiggy Ltd Retailing	1.06%	1.06%	1.06%
Coforge Limited IT - Software	1.05%	1.05%	1.05%
Union Bank of India Banks	1.03%	1.03%	1.03%
Bharat Heavy Electricals Limited Electrical Equipment	1.02%	1.02%	1.02%
Sundaram Finance Limited Finance	1.00%	1.00%	1.00%
SRF Limited Chemicals & Petrochemicals	0.98%	0.98%	0.98%
Yes Bank Limited Banks	0.96%	0.96%	0.96%
FSN E-Commerce Ventures Limited Retailing	0.96%	0.96%	0.96%
Muthoot Finance Limited Finance	0.95%	0.95%	0.95%
GMR Airport Ltd Transport Infrastructure	0.95%	0.95%	0.95%
UPL Limited Fertilizers & Agrochemicals	0.94%	0.94%	0.94%
Voltas Limited Consumer Durables	0.94%	0.94%	0.94%
Indian Bank Banks	0.92%	0.92%	0.92%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.90%	0.90%	0.90%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.87%	0.87%	0.87%
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.85%	0.85%	0.85%
Hitachi Energy India Limited Electrical Equipment	0.86%	0.84%	0.84%
National Aluminium Company Limited Non - Ferrous Metals	0.84%	0.84%	0.84%
KEI Industries Limited Industrial Products	0.83%	0.83%	0.83%
Phoenix Mills Limited Realty	0.82%	0.82%	0.82%
Dabur India Limited Personal Products	0.80%	0.81%	0.80%
Torrent Power Limited Power	0.79%	0.79%	0.79%
Colgate Palmolive (India) Limited Personal Products	0.78%	0.78%	0.78%
Tube Investments of India Limited Auto Components	0.77%	0.78%	0.77%
Vodafone Idea Limited Telecom - Services	0.77%	0.77%	0.77%
NMDC Limited Minerals & Mining	0.74%	0.75%	0.74%
360 ONE WAM Ltd Capital Markets	0.74%	0.74%	0.74%
Biocon Limited Pharmaceuticals & Biotechnology	0.73%	0.73%	0.73%
Aditya Birla Capital Limited Finance	0.70%	0.70%	0.70%
Oil India Limited Oil	0.70%	0.70%	0.70%
Coromandel International Limited Fertilizers & Agrochemicals	0.69%	0.69%	0.69%
MphasiS Limited IT - Software	0.69%	0.69%	0.69%
WAAREE Energies Ltd Electrical Equipment	0.68%	0.68%	0.68%
Godrej Properties Limited Realty	0.68%	0.68%	0.68%
ICICI Prudential Life Insurance Company Limited Insurance	0.68%	0.68%	0.68%
Supreme Industries Limited Industrial Products	0.68%	0.68%	0.68%
Mankind Pharma Ltd Pharmaceuticals & Biotechnology	0.67%	0.67%	0.67%
MRF Limited Auto Components	0.75%	0.66%	0.66%
PI Industries Litmited Fertilizers & Agrochemicals	0.67%	0.66%	0.66%
Blue Star Limited Consumer Durables	0.66%	0.66%	0.66%
Vishal Mega Mart Ltd Retailing	0.66%	0.66%	0.66%
Jindal Stainless Limited Ferrous Metals	0.65%	0.65%	0.65%
Mahindra & Mahindra Financial Services Limited Finance	0.65%	0.65%	0.65%
Petronet LNG Limited Gas	0.64%	0.64%	0.64%
Sona BLW Precision Forgings Limited Auto Components	0.63%	0.63%	0.63%
Steel Authority of India Limited Ferrous Metals	0.63%	0.63%	0.63%
NHPC Limited Power	0.63%	0.63%	0.63%
JK Cement Limited Cement & Cement Products	0.62%	0.62%	0.62%
Prestige Estates Projects Limited Realty	0.62%	0.62%	0.62%
L&T Finance Limited Finance	0.61%	0.61%	0.61%
SBI Cards & Payment Services Limited Finance	0.61%	0.61%	0.61%
Minda Industries Ltd Auto Components	0.57%	0.57%	0.57%
Bank of India Banks	0.56%	0.56%	0.56%
IPCA Laboratories Limited Pharmaceuticals & Biotechnology	0.56%	0.56%	0.56%
Astral Limited Industrial Products	0.54%	0.54%	0.54%
Jubilant Foodworks Limited Leisure Services	0.54%	0.54%	0.54%
Page Industries Limited Textiles & Apparels	0.53%	0.55%	0.53%
Balkrishna Industries Limited Auto Components	0.50%	0.50%	0.50%
Apar Industries Limited Electrical Equipment	0.50%	0.49%	0.49%
Tata Communications Limited Telecom - Services	0.49%	0.50%	0.49%
Rail Vikas Nigam Limited Construction	0.47%	0.47%	0.47%
Oberoi Realty Limited Realty	0.47%	0.47%	0.47%
Schaeffler India Limited Auto Components	0.46%	0.46%	0.46%
Patanjali Foods Limited Agricultural Food & other Products	0.46%	0.46%	0.46%
Indian Railway Catering & Tourism Corporation Limited Leisure Services	0.45%	0.45%	0.45%
Container Corporation of India Limited Transport Services	0.45%	0.45%	0.45%
Nippon Life India Asset Management Limited Capital Markets	0.44%	0.44%	0.44%
Oracle Financial Services Software Limited IT - Software	0.43%	0.43%	0.43%
ITC Hotels Ltd Leisure Services	0.43%	0.43%	0.43%
LIC Housing Finance Limited Finance	0.43%	0.43%	0.43%
Lloyds Metals & Energy Ltd Minerals & Mining	0.42%	0.42%	0.42%
Dalmia Bharat Limited Cement & Cement Products	0.42%	0.42%	0.42%
KALYAN JEWELLERS INDIA LTD Consumer Durables	0.42%	0.42%	0.42%
Tata Elxsi Limited IT - Software	0.41%	0.41%	0.41%
Bank of Maharashtra Banks	0.40%	0.40%	0.40%
Exide Industries Limited Auto Components	0.40%	0.40%	0.40%
AIA Engineering Limited Industrial Products	0.39%	0.39%	0.39%
Apollo Tyres Limited Auto Components	0.39%	0.39%	0.39%
Gujarat Fluorochemicals Limited Chemicals & Petrochemicals	0.39%	0.39%	0.39%
Adani Gas Limited Gas	0.37%	0.37%	0.37%
Linde India Limited Chemicals & Petrochemicals	0.37%	0.37%	0.37%
Abbott India Limited Pharmaceuticals & Biotechnology	0.36%	0.37%	0.36%
Berger Paints (I) Limited Consumer Durables	0.34%	0.34%	0.34%
KPIT Technologies Limited IT - Software	0.33%	0.33%	0.33%
Cochin Shipyard Limited Industrial Manufacturing	0.33%	0.33%	0.33%
Ajanta Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.33%	0.33%	0.33%
Bharti Hexacom Limited Telecom - Services	0.32%	0.32%	0.32%
Thermax Limited Electrical Equipment	0.32%	0.32%	0.32%
Indraprastha Gas Limited Gas	0.32%	0.32%	0.32%
General Insurance Corporation Of India Insurance	0.31%	0.31%	0.31%
Escorts Kubota Limited Agricultural Commercial & Construction Vehicles	0.31%	0.31%	0.31%
Bharat Dynamics Limited Aerospace & Defense	0.31%	0.31%	0.31%
United Breweries Limited Beverages	0.31%	0.31%	0.31%
Motilal Oswal Financial Services Limited Capital Markets	0.30%	0.30%	0.30%
Deepak Nitrite Limited Chemicals & Petrochemicals	0.29%	0.29%	0.29%
Procter & Gamble Hygiene and Health Care Limited Personal Products	0.28%	0.28%	0.28%
CRISIL Limited Finance	0.28%	0.28%	0.28%
GlaxoSmithKline Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.28%	0.28%	0.28%
3M India Limited Diversified	0.28%	0.29%	0.28%
K.P.R. Mill Limited Textiles & Apparels	0.27%	0.27%	0.27%
Tata Technologies Ltd IT - Services	0.26%	0.27%	0.26%
Indian Renewable Energy Development Agency Ltd Finance	0.26%	0.26%	0.26%
ACC Limited Cement & Cement Products	0.26%	0.26%	0.26%
L&T Technology Services Limited IT - Services	0.26%	0.25%	0.25%
Global Health Ltd/India Healthcare Services	0.25%	0.26%	0.25%
Endurance Technologies Limited Auto Components	0.25%	0.25%	0.25%
Housing & Urban Development Corporation Limited Finance	0.25%	0.25%	0.25%
AWL Agri Business Ltd Agricultural Food & other Products	0.23%	0.23%	0.23%
GODFREY PHILLIPS INDIA LTD Cigarettes & Tobacco Products	0.23%	0.23%	0.23%
Tata Investment Corporation Ltd. Finance	0.23%	0.23%	0.23%
NLC India Limited Power	0.22%	0.22%	0.22%
Premier Energies Ltd Electrical Equipment	0.22%	0.22%	0.22%
NTPC Green Energy Ltd Power	0.22%	0.22%	0.22%
IRB Infrastructure Developers Limited Construction	0.22%	0.22%	0.22%
JSW Infrastructure Ltd Transport Infrastructure	0.22%	0.22%	0.22%
Syngene International Limited Healthcare Services	0.21%	0.21%	0.21%
Hexaware Technologies limited IT - Software	0.19%	0.19%	0.19%
Gujarat Gas Limited Gas	0.19%	0.19%	0.19%
Honeywell Automation India Limited Industrial Manufacturing	0.18%	0.19%	0.18%
IDBI Bank Limited Banks	0.17%	0.17%	0.17%
Indian Overseas Bank Banks	0.14%	0.14%	0.14%
SJVN Limited Power	0.14%	0.14%	0.14%
FERTILIZERS & CHEMICALS TRAVANCORE LIMIT Fertilizers & Agrochemicals	0.12%	0.12%	0.12%
Godrej Industries Limited Diversified	0.11%	0.11%	0.11%
The New India Assurance Company Limited Insurance	0.09%	0.09%	0.09%
UCO BANK Banks	0.09%	0.09%	0.09%

Unique to ADITYA BIRLA SUN LIFE NIFTY MI

All top holdings are shared with the other fund.

Unique to Kotak Nifty Midcap 150 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

10.6% (12)

Pharmaceuticals & Biotechnology

7.0% (10)

Industrial Products

6.4% (7)

Electrical Equipment

6.2% (8)

Auto Components

6.0% (10)

Finance

6.0% (11)

Capital Markets

5.8% (5)

IT - Software

4.5% (7)

Consumer Durables

3.5% (5)

Telecom - Services

3.1% (4)

Retailing

2.7% (3)

Realty

2.6% (4)

Financial Technology (Fintech)

2.5% (2)

Fertilizers & Agrochemicals

2.4% (4)

Insurance

2.3% (4)

Chemicals & Petrochemicals

2.0% (4)

Power

2.0% (5)

Automobiles

1.9% (1)

Agricultural Commercial & Construction Vehicles

1.9% (2)

Personal Products

1.9% (3)

Agricultural Food & other Products

1.8% (3)

Healthcare Services

1.8% (3)

Gas

1.5% (4)

Leisure Services

1.4% (3)

Cement & Cement Products

1.3% (3)

Ferrous Metals

1.3% (2)

Transport Infrastructure

1.2% (2)

Minerals & Mining

1.2% (2)

Petroleum Products

1.1% (1)

Non - Ferrous Metals

0.8% (1)

Textiles & Apparels

0.8% (2)

Oil

0.7% (1)

Construction

0.7% (2)

Industrial Manufacturing

0.5% (2)

IT - Services

0.5% (2)

Transport Services

0.5% (1)

Diversified

0.4% (2)

Aerospace & Defense

0.3% (1)

Beverages

0.3% (1)

Cigarettes & Tobacco Products

0.2% (1)

More comparisons for ADITYA BIRLA SUN LIFE NIFTY MI

vs HDFC NIFTY MIDCAP 150 ETF99.8% · 150 stocks
vs HDFC NIFTY MIDCAP 150 INDEX99.8% · 150 stocks
vs ICICI Prudential Nifty Midcap 99.8% · 150 stocks
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vs Mirae Asset Nifty Midcap 150 E99.8% · 150 stocks

More comparisons for Kotak Nifty Midcap 150 ETF

vs HDFC NIFTY MIDCAP 150 ETF99.7% · 150 stocks
vs Kotak Nifty Midcap 150 Index99.7% · 150 stocks
vs ICICI Prudential Nifty Midcap 99.7% · 150 stocks
vs Mirae Asset Nifty Midcap 150 E99.7% · 150 stocks
vs Motilal Oswal Nifty Midcap 15099.7% · 150 stocks

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