ADITYA BIRLA SUN LIFE NIFTY NEXT 50 ETF vs Mirae Asset Nifty Next 50 ETF

ABSL vs Mirae· Portfolio Overlap Analysis

99.9%High Overlap
50 common stocksRank #244 / 5,000

Investor takeaway: These funds overlap 99.9%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (50)

StockWt% in ADITYA BIRLA SUN LIFE NIFTY NEWt% in Mirae Asset Nifty Next 50 ETFOverlap
Vedanta Limited
Diversified Metals
5.24%5.24%5.24%
TVS Motor Company Limited
Automobiles
3.91%3.91%3.91%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
3.50%3.50%3.50%
Bharat Petroleum Corporation Limited
Petroleum Products
3.21%3.21%3.21%
Hindustan Aeronautics Limited
Aerospace & Defense
3.19%3.19%3.19%
Cholamandalam Investment and Finance Company Limited
Finance
3.15%3.15%3.15%
Britannia Industries Limited
Food Products
3.04%3.04%3.04%
Indian Oil Corporation Limited
Petroleum Products
3.01%3.01%3.01%
Tata Power Company Limited
Power
2.73%2.73%2.73%
Varun Beverages Limited
Beverages
2.66%2.66%2.66%
Power Finance Corporation Limited
Finance
2.59%2.59%2.59%
Bank of Baroda
Banks
2.57%2.57%2.57%
Samvardhana Motherson International Limited
Auto Components
2.55%2.55%2.55%
The Indian Hotels Company Limited
Leisure Services
2.52%2.52%2.52%
Avenue Supermarts Limited
Retailing
2.44%2.44%2.44%
Adani Power Limited
Power
2.38%2.38%2.38%
Canara Bank
Banks
2.28%2.28%2.28%
CG Power and Industrial Solutions Limited
Electrical Equipment
2.14%2.14%2.14%
Godrej Consumer Products Limited
Personal Products
2.11%2.11%2.11%
Bajaj Holdings & Investments Limited
Finance
2.01%2.01%2.01%
Jindal Steel & Power Limited
Ferrous Metals
2.00%2.00%2.00%
Pidilite Industries Limited
Chemicals & Petrochemicals
1.99%1.99%1.99%
ICICI Lombard General Insurance Company Limited
Insurance
1.98%1.98%1.98%
GAIL (India) Limited
Gas
1.97%1.97%1.97%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.95%1.95%1.95%
Punjab National Bank
Banks
1.92%1.92%1.92%
REC Limited
Finance
1.88%1.88%1.88%
LTIMindtree Limited
IT - Software
1.78%1.78%1.78%
United Spirits Limited
Beverages
1.75%1.75%1.75%
Info Edge (India) Limited
Retailing
1.72%1.72%1.72%
DLF Limited
Realty
1.67%1.67%1.67%
Havells India Limited
Consumer Durables
1.51%1.52%1.51%
Adani Energy Solutions Limited
Power
1.51%1.51%1.51%
Shree Cement Limited
Cement & Cement Products
1.50%1.50%1.50%
Solar Industries India Limited
Chemicals & Petrochemicals
1.41%1.41%1.41%
ABB India Limited
Electrical Equipment
1.37%1.37%1.37%
Bosch Limited
Auto Components
1.36%1.36%1.36%
Hyundai Motor India Ltd
Automobiles
1.33%1.33%1.33%
Ambuja Cements Limited
Cement & Cement Products
1.31%1.31%1.31%
Siemens Limited
Electrical Equipment
1.30%1.30%1.30%
Adani Green Energy Limited
Power
1.25%1.25%1.25%
Lodha Developers Limited
Realty
1.20%1.20%1.20%
Hindustan Zinc Limited
Non - Ferrous Metals
1.13%1.13%1.13%
JSW Energy Limited
Power
1.13%1.13%1.13%
Siemens Limited
Electrical Equipment
1.11%1.11%1.11%
Zydus Lifesciences Limited
Pharmaceuticals & Biotechnology
0.99%0.99%0.99%
Life Insurance Corp of India
Insurance
0.81%0.81%0.81%
Indian Railway Finance Corporation Limited
Finance
0.80%0.80%0.80%
Mazagon Dock Shipbuilders Limited
Industrial Manufacturing
0.73%0.73%0.73%
Bajaj Housing Finance Limited
Finance
0.35%0.35%0.35%

Unique to ADITYA BIRLA SUN LIFE NIFTY NE

All top holdings are shared with the other fund.

Unique to Mirae Asset Nifty Next 50 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Finance
10.8% (6)
Power
9.0% (5)
Banks
6.8% (3)
Pharmaceuticals & Biotechnology
6.4% (3)
Petroleum Products
6.2% (2)
Electrical Equipment
5.9% (4)
Diversified Metals
5.2% (1)
Automobiles
5.2% (2)
Beverages
4.4% (2)
Retailing
4.2% (2)
Auto Components
3.9% (2)
Chemicals & Petrochemicals
3.4% (2)
Aerospace & Defense
3.2% (1)
Food Products
3.0% (1)
Realty
2.9% (2)
Cement & Cement Products
2.8% (2)
Insurance
2.8% (2)
Leisure Services
2.5% (1)
Personal Products
2.1% (1)
Ferrous Metals
2.0% (1)
Gas
2.0% (1)
IT - Software
1.8% (1)
Consumer Durables
1.5% (1)
Non - Ferrous Metals
1.1% (1)
Industrial Manufacturing
0.7% (1)

More comparisons for ADITYA BIRLA SUN LIFE NIFTY NE

More comparisons for Mirae Asset Nifty Next 50 ETF

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