ADITYA BIRLA SUN LIFE NIFTY PSE ETF vs Mirae Asset Nifty Energy ETF
ABSL vs Mirae· Portfolio Overlap Analysis
43.2%High Overlap
11 common stocksRank #18546 / 20,000
Investor takeaway: At 43.2% 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 (11)
| Stock | Wt% in ADITYA BIRLA SUN LIFE NIFTY PS | Wt% in Mirae Asset Nifty Energy ETF | Overlap |
|---|---|---|---|
Oil & Natural Gas Corporation Limited Oil | 8.43% | 10.79% | 8.43% |
Coal India Limited Consumable Fuels | 7.58% | 9.71% | 7.58% |
NTPC Limited Power | 14.04% | 7.38% | 7.38% |
Power Grid Corporation of India Limited Power | 10.49% | 5.52% | 5.52% |
GAIL (India) Limited Gas | 3.55% | 4.54% | 3.55% |
Bharat Heavy Electricals Limited Electrical Equipment | 3.00% | 2.95% | 2.95% |
Oil India Limited Oil | 2.05% | 2.62% | 2.05% |
Bharat Petroleum Corporation Limited Petroleum Products | 5.79% | 1.92% | 1.92% |
Indian Oil Corporation Limited Petroleum Products | 5.43% | 1.80% | 1.80% |
Hindustan Petroleum Corporation Limited Petroleum Products | 3.27% | 1.08% | 1.08% |
NHPC Limited Power | 1.85% | 0.97% | 0.97% |
Unique to ADITYA BIRLA SUN LIFE NIFTY PS
- Bharat Electronics Limited12.36%
- Hindustan Aeronautics Limited5.76%
- Power Finance Corporation Limited4.67%
Unique to Mirae Asset Nifty Energy ETF
- Reliance Industries Ltd.8.43%
- Suzlon Energy Ltd.3.95%
- CG Power and Industrial Solutions Ltd.3.80%
- GE Vernova T&D India Ltd.3.64%
Sector Overlap Breakdown
Power13.9% (3)
Oil10.5% (2)
Consumable Fuels7.6% (1)
Petroleum Products4.8% (3)
Gas3.5% (1)
Electrical Equipment3.0% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.