CANARA ROBECO BALANCED ADVANTAGE FUND vs Mirae Asset Flexi Cap Fund

Canara Robeco vs Mirae· Portfolio Overlap Analysis

47.2%High Overlap
34 common stocksRank #12998 / 20,000

Investor takeaway: At 47.2% 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 (34)

StockWt% in CANARA ROBECO BALANCED ADVANTAWt% in Mirae Asset Flexi CapOverlap
HDFC Bank Ltd
Banks
7.39%6.63%6.63%
ICICI Bank Ltd
Banks
4.32%4.82%4.32%
Reliance Industries Ltd
Petroleum Products
5.30%4.26%4.26%
State Bank of India
Banks
3.43%3.74%3.43%
Bharti Airtel Ltd
Telecom - Services
2.96%2.57%2.57%
Larsen & Toubro Ltd
Construction
3.56%2.42%2.42%
Infosys Ltd
IT - Software
2.20%2.32%2.20%
Axis Bank Ltd
Banks
2.58%1.99%1.99%
Mahindra & Mahindra Ltd
Automobiles
1.87%1.71%1.71%
SBI Life Insurance Co Ltd
Insurance
1.52%1.20%1.20%
Bharat Electronics Ltd
Aerospace & Defense
1.09%1.13%1.09%
Cummins India Ltd
Industrial Products
1.08%1.37%1.08%
ITC Ltd
Diversified FMCG
1.12%1.06%1.06%
Divi's Laboratories Ltd
Pharmaceuticals & Biotechnology
1.06%1.47%1.06%
Bajaj Finance Ltd
Finance
1.36%0.92%0.92%
Tech Mahindra Ltd
IT - Software
0.84%0.94%0.84%
Eternal Ltd
Retailing
1.42%0.79%0.79%
Tata Consultancy Services Ltd
IT - Software
0.74%1.36%0.74%
Shriram Finance Ltd
Finance
1.19%0.72%0.72%
Britannia Industries Ltd
Food Products
0.72%1.05%0.72%
Ultratech Cement Ltd
Cement & Cement Products
0.71%1.35%0.71%
Motherson Sumi Wiring India Ltd
Auto Components
0.66%0.96%0.66%
CG Power and Industrial Solutions Ltd
Electrical Equipment
0.66%1.51%0.66%
J.K. Cement Ltd
Cement & Cement Products
0.63%1.04%0.63%
Hindustan Aeronautics Ltd
Aerospace & Defense
0.63%1.05%0.63%
Cholamandalam Financial Holdings Ltd
Finance
0.60%1.18%0.60%
Safari Industries (India) Ltd
Consumer Durables
0.58%0.65%0.58%
Sun Pharmaceutical Industries Ltd
Pharmaceuticals & Biotechnology
0.63%0.56%0.56%
Bharat Petroleum Corporation Ltd
Petroleum Products
0.53%1.02%0.53%
Interglobe Aviation Ltd
Transport Services
0.84%0.51%0.51%
Hindalco Industries Ltd
Non - Ferrous Metals
0.55%0.46%0.46%
NTPC Ltd
Power
0.44%0.89%0.44%
Brigade Enterprises Ltd
Realty
0.59%0.32%0.32%
TVS Motor Co Ltd
Automobiles
0.19%1.44%0.19%

Unique to CANARA ROBECO BALANCED ADVANTA

  • Power Finance Corporation Ltd2.32%

Unique to Mirae Asset Flexi Cap

  • L&T Finance Ltd.1.79%

Sector Overlap Breakdown

Banks
16.4% (4)
Petroleum Products
4.8% (2)
IT - Software
3.8% (3)
Telecom - Services
2.6% (1)
Construction
2.4% (1)
Finance
2.2% (3)
Automobiles
1.9% (2)
Aerospace & Defense
1.7% (2)
Pharmaceuticals & Biotechnology
1.6% (2)
Cement & Cement Products
1.3% (2)
Insurance
1.2% (1)
Industrial Products
1.1% (1)
Diversified FMCG
1.1% (1)
Retailing
0.8% (1)
Food Products
0.7% (1)
Auto Components
0.7% (1)
Electrical Equipment
0.7% (1)
Consumer Durables
0.6% (1)
Transport Services
0.5% (1)
Non - Ferrous Metals
0.5% (1)
Power
0.4% (1)
Realty
0.3% (1)

More comparisons for CANARA ROBECO BALANCED ADVANTA

More comparisons for Mirae Asset Flexi Cap

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