EDELWEISS BALANCED ADVANTAGE FUND vs Mirae Asset Flexi Cap Fund

Edelweiss vs Mirae· Portfolio Overlap Analysis

45.4%High Overlap
38 common stocksRank #15422 / 20,000

Investor takeaway: At 45.4% 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 (38)

StockWt% in EDELWEISS BALANCED ADVANTAGEWt% in Mirae Asset Flexi CapOverlap
ICICI Bank Ltd.
Banks
4.86%4.82%4.82%
Reliance Industries Ltd.
Petroleum Products
4.27%4.26%4.26%
HDFC Bank Ltd.
Banks
3.74%6.63%3.74%
State Bank of India
Banks
2.85%3.74%2.85%
Bharti Airtel Ltd.
Telecom - Services
2.86%2.57%2.57%
Larsen & Toubro Ltd.
Construction
3.08%2.42%2.42%
Infosys Ltd.
IT - Software
2.48%2.32%2.32%
Axis Bank Ltd.
Banks
1.58%1.99%1.58%
Mahindra & Mahindra Ltd.
Automobiles
1.48%1.71%1.48%
TVS Motor Company Ltd.
Automobiles
2.55%1.44%1.44%
Tata Consultancy Services Ltd.
IT - Software
1.41%1.36%1.36%
Multi Commodity Exchange Of India Ltd.
Capital Markets
1.13%1.66%1.13%
Vedanta Ltd.
Diversified Metals
1.09%1.20%1.09%
ITC Ltd.
Diversified FMCG
1.52%1.06%1.06%
Titan Company Ltd.
Consumer Durables
1.05%1.16%1.05%
Tech Mahindra Ltd.
IT - Software
1.16%0.94%0.94%
Bajaj Finance Ltd.
Finance
1.83%0.92%0.92%
NTPC Ltd.
Power
1.10%0.89%0.89%
Ultratech Cement Ltd.
Cement & Cement Products
0.88%1.35%0.88%
Lupin Ltd.
Pharmaceuticals & Biotechnology
0.83%1.56%0.83%
Eternal Ltd.
Retailing
0.70%0.79%0.70%
Cholamandalam Financial Holdings Ltd.
Finance
0.69%1.18%0.69%
Britannia Industries Ltd.
Food Products
0.66%1.05%0.66%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
1.10%0.56%0.56%
InterGlobe Aviation Ltd.
Transport Services
0.50%0.51%0.50%
SBI Life Insurance Company Ltd.
Insurance
0.49%1.20%0.49%
Kotak Mahindra Bank Ltd.
Banks
0.62%0.48%0.48%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.96%0.46%0.46%
Shriram Finance Ltd.
Finance
0.45%0.72%0.45%
Oil & Natural Gas Corporation Ltd.
Oil
0.43%0.78%0.43%
CG Power and Industrial Solutions Ltd.
Electrical Equipment
0.42%1.51%0.42%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.41%1.02%0.41%
Schaeffler India Ltd.
Auto Components
0.39%1.10%0.39%
Dr. Reddy's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.38%0.56%0.38%
Brigade Enterprises Ltd.
Realty
0.25%0.32%0.25%
The Phoenix Mills Ltd.
Realty
0.24%1.25%0.24%
ICICI Prudential Asset Mgmt Co Ltd.
Capital Markets
0.17%1.11%0.17%
Hero MotoCorp Ltd.
Automobiles
0.11%0.61%0.11%

Unique to EDELWEISS BALANCED ADVANTAGE

All top holdings are shared with the other fund.

Unique to Mirae Asset Flexi Cap

  • L&T Finance Ltd.1.79%

Sector Overlap Breakdown

Banks
13.5% (5)
Petroleum Products
4.7% (2)
IT - Software
4.6% (3)
Automobiles
3.0% (3)
Telecom - Services
2.6% (1)
Construction
2.4% (1)
Finance
2.1% (3)
Pharmaceuticals & Biotechnology
1.8% (3)
Capital Markets
1.3% (2)
Diversified Metals
1.1% (1)
Diversified FMCG
1.1% (1)
Consumer Durables
1.1% (1)
Power
0.9% (1)
Cement & Cement Products
0.9% (1)
Retailing
0.7% (1)
Food Products
0.7% (1)
Transport Services
0.5% (1)
Insurance
0.5% (1)
Realty
0.5% (2)
Non - Ferrous Metals
0.5% (1)
Oil
0.4% (1)
Electrical Equipment
0.4% (1)
Auto Components
0.4% (1)

More comparisons for EDELWEISS BALANCED ADVANTAGE

More comparisons for Mirae Asset Flexi Cap

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