CANARA ROBECO BALANCED ADVANTAGE FUND vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Canara Robeco vs Nippon· Portfolio Overlap Analysis

50.3%High Overlap
31 common stocksRank #9858 / 20,000

Investor takeaway: At 50.3% 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 (31)

StockWt% in CANARA ROBECO BALANCED ADVANTAWt% in NIPPON INDIA RETIREMENT FUND -Overlap
HDFC Bank Ltd
Banks
7.39%7.08%7.08%
Reliance Industries Ltd
Petroleum Products
5.30%4.56%4.56%
ICICI Bank Ltd
Banks
4.32%7.59%4.32%
Larsen & Toubro Ltd
Construction
3.56%3.62%3.56%
State Bank of India
Banks
3.43%3.99%3.43%
Bharti Airtel Ltd
Telecom - Services
2.96%2.69%2.69%
Axis Bank Ltd
Banks
2.58%3.20%2.58%
Infosys Ltd
IT - Software
2.20%2.86%2.20%
Mahindra & Mahindra Ltd
Automobiles
1.87%2.54%1.87%
SBI Life Insurance Co Ltd
Insurance
1.52%1.95%1.52%
Bajaj Finance Ltd
Finance
1.36%2.86%1.36%
Eternal Ltd
Retailing
1.42%1.34%1.34%
Power Finance Corporation Ltd
Finance
2.32%1.32%1.32%
Samvardhana Motherson International Ltd
Auto Components
1.21%1.89%1.21%
Cummins India Ltd
Industrial Products
1.08%1.56%1.08%
Varun Beverages Ltd
Beverages
1.03%1.15%1.03%
Tech Mahindra Ltd
IT - Software
0.84%1.84%0.84%
Interglobe Aviation Ltd
Transport Services
0.84%1.54%0.84%
United Spirits Ltd
Beverages
0.79%1.21%0.79%
Shriram Finance Ltd
Finance
1.19%0.78%0.78%
Crompton Greaves Consumer Electricals Ltd
Consumer Durables
0.75%1.15%0.75%
Tata Power Co Ltd
Power
1.09%0.72%0.72%
Britannia Industries Ltd
Food Products
0.72%0.77%0.72%
Ultratech Cement Ltd
Cement & Cement Products
0.71%1.62%0.71%
Hindustan Aeronautics Ltd
Aerospace & Defense
0.63%1.69%0.63%
Bharat Petroleum Corporation Ltd
Petroleum Products
0.53%1.23%0.53%
Info Edge (India) Ltd
Retailing
0.45%0.52%0.45%
Hindalco Industries Ltd
Non - Ferrous Metals
0.55%0.44%0.44%
NTPC Ltd
Power
0.44%2.93%0.44%
PVR Inox Ltd
Entertainment
0.54%0.33%0.33%
TVS Motor Co Ltd
Automobiles
0.19%0.86%0.19%

Unique to CANARA ROBECO BALANCED ADVANTA

All top holdings are shared with the other fund.

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
17.4% (4)
Petroleum Products
5.1% (2)
Construction
3.6% (1)
Finance
3.5% (3)
IT - Software
3.0% (2)
Telecom - Services
2.7% (1)
Automobiles
2.1% (2)
Beverages
1.8% (2)
Retailing
1.8% (2)
Insurance
1.5% (1)
Auto Components
1.2% (1)
Power
1.2% (2)
Industrial Products
1.1% (1)
Transport Services
0.8% (1)
Consumer Durables
0.8% (1)
Food Products
0.7% (1)
Cement & Cement Products
0.7% (1)
Aerospace & Defense
0.6% (1)
Non - Ferrous Metals
0.4% (1)
Entertainment
0.3% (1)

More comparisons for CANARA ROBECO BALANCED ADVANTA

More comparisons for NIPPON INDIA RETIREMENT FUND -

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