DSP MSCI India ETF vs NIPPON INDIA INDEX FUND - NIFTY 50 PLAN

DSP vs Nippon· Portfolio Overlap Analysis

67.1%High Overlap

50 common stocksRank #3570 / 5,000

Investor takeaway: These funds overlap 67.1%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (50)

Stock	Wt% in DSP MSCI India ETF	Wt% in NIPPON INDIA INDEX FUND - NIFT	Overlap
HDFC Bank Limited Banks	7.31%	11.82%	7.31%
Reliance Industries Limited Petroleum Products	6.14%	8.19%	6.14%
ICICI Bank Limited Banks	5.28%	8.57%	5.28%
Bharti Airtel Limited Telecom - Services	3.48%	4.56%	3.48%
Infosys Limited IT - Software	3.05%	3.96%	3.05%
Axis Bank Limited Banks	2.30%	3.45%	2.30%
Mahindra & Mahindra Limited Automobiles	2.29%	2.64%	2.29%
Larsen & Toubro Limited Construction	2.09%	4.37%	2.09%
Bajaj Finance Limited Finance	2.02%	2.30%	2.02%
Tata Consultancy Services Limited IT - Software	1.72%	2.34%	1.72%
Kotak Mahindra Bank Limited Banks	1.64%	2.66%	1.64%
State Bank of India Banks	1.60%	4.34%	1.60%
Hindustan Unilever Limited Diversified FMCG	1.39%	1.81%	1.39%
Maruti Suzuki India Limited Automobiles	1.36%	1.70%	1.36%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.21%	1.60%	1.21%
NTPC Limited Power	1.20%	1.58%	1.20%
Bharat Electronics Limited Aerospace & Defense	1.18%	1.39%	1.18%
Tata Steel Limited Ferrous Metals	1.15%	1.53%	1.15%
Titan Company Limited Consumer Durables	1.11%	1.55%	1.11%
Shriram Finance Limited Finance	1.10%	1.32%	1.10%
UltraTech Cement Limited Cement & Cement Products	1.09%	1.31%	1.09%
Power Grid Corporation of India Limited Power	1.00%	1.18%	1.00%
HCL Technologies Limited IT - Software	0.95%	1.28%	0.95%
Hindalco Industries Limited Non - Ferrous Metals	0.90%	1.16%	0.90%
Eicher Motors Limited Automobiles	0.81%	0.96%	0.81%
ITC Limited Diversified FMCG	0.68%	2.63%	0.68%
SBI Life Insurance Company Limited Insurance	0.66%	0.80%	0.66%
Asian Paints Limited Consumer Durables	0.66%	0.93%	0.66%
Interglobe Aviation Limited Transport Services	0.66%	0.95%	0.66%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.95%	0.64%
Nestle India Limited Food Products	0.63%	0.81%	0.63%
Max Healthcare Institute Limited Healthcare Services	0.61%	0.71%	0.61%
Apollo Hospitals Enterprise Limited Healthcare Services	0.60%	0.70%	0.60%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.59%	0.98%	0.59%
Coal India Limited Consumable Fuels	0.58%	0.85%	0.58%
Tata Motors Passenger Vehicles Limited Automobiles	0.56%	0.70%	0.56%
JSW Steel Limited Ferrous Metals	0.56%	1.03%	0.56%
Grasim Industries Limited Cement & Cement Products	0.55%	0.93%	0.55%
Bajaj Finserv Limited Finance	0.55%	0.99%	0.55%
Cipla Limited Pharmaceuticals & Biotechnology	0.55%	0.66%	0.55%
Tech Mahindra Limited IT - Software	0.53%	0.75%	0.53%
Jio Financial Services Limited Finance	0.53%	0.73%	0.53%
Trent Limited Retailing	0.51%	0.75%	0.51%
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology	0.51%	0.68%	0.51%
HDFC Life Insurance Company Limited Insurance	0.50%	0.67%	0.50%
TATA CONSUMER PRODUCTS LIMITED Agricultural Food & other Products	0.49%	0.65%	0.49%
Bajaj Auto Limited Automobiles	0.47%	0.96%	0.47%
Eternal Limited Retailing	0.43%	1.54%	0.43%
Wipro Limited IT - Software	0.38%	0.50%	0.38%
Adani Enterprises Limited Metals & Minerals Trading	0.26%	0.49%	0.26%

Unique to DSP MSCI India ETF

All top holdings are shared with the other fund.

Unique to NIPPON INDIA INDEX FUND - NIFT

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

18.1% (5)

IT - Software

6.6% (5)

Petroleum Products

6.1% (1)

Automobiles

5.5% (5)

Finance

4.2% (4)

Telecom - Services

3.5% (1)

Pharmaceuticals & Biotechnology

2.3% (3)

Power

2.2% (2)

Construction

2.1% (1)

Diversified FMCG

2.1% (2)

Consumer Durables

1.8% (2)

Ferrous Metals

1.7% (2)

Cement & Cement Products

1.6% (2)

Healthcare Services

1.2% (2)

Aerospace & Defense

1.2% (1)

Insurance

1.2% (2)

Retailing

0.9% (2)

Non - Ferrous Metals

0.9% (1)

Transport Services

0.7% (1)

Oil

0.6% (1)

Food Products

0.6% (1)

Transport Infrastructure

0.6% (1)

Consumable Fuels

0.6% (1)

Agricultural Food & other Products

0.5% (1)

Metals & Minerals Trading

0.3% (1)

More comparisons for DSP MSCI India ETF

vs Kotak MSCI India ETF99.2% · 164 stocks
vs ADITYA BIRLA SUN LIFE MSCI IND99.1% · 164 stocks
vs IB33-GROWW NIFTY 200 ETF87.4% · 157 stocks
vs SBI BSE 100 ETF83.1% · 98 stocks
vs HDFC NIFTY 100 ETF80.8% · 93 stocks

More comparisons for NIPPON INDIA INDEX FUND - NIFT

vs ADITYA BIRLA SUN LIFE NIFTY 5099.9% · 50 stocks
vs Bajaj Finserv Nifty 50 Index99.9% · 50 stocks
vs HDFC NIFTY 50 ETF99.9% · 50 stocks
vs HDFC Nifty 50 Index99.9% · 50 stocks
vs ICICI Prudential Nifty 50 ETF99.9% · 50 stocks

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