ET vs NIPPON INDIA BALANCED ADVANTAGE FUND

Canara Robeco vs Nippon· Portfolio Overlap Analysis

46.2%High Overlap
35 common stocksRank #14236 / 20,000

Investor takeaway: At 46.2% 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 (35)

StockWt% in ETWt% in NIPPON INDIA BALANCED ADVANTAGOverlap
ICICI Bank Ltd
Banks
6.76%5.35%5.35%
HDFC Bank Ltd
Banks
7.19%3.91%3.91%
State Bank of India
Banks
3.78%3.43%3.43%
Reliance Industries Ltd
Petroleum Products
3.98%2.66%2.66%
Infosys Ltd
IT - Software
3.22%2.54%2.54%
Axis Bank Ltd
Banks
2.76%2.41%2.41%
Bharti Airtel Ltd
Telecom - Services
3.12%2.33%2.33%
Larsen & Toubro Ltd
Construction
3.42%2.00%2.00%
Bajaj Finance Ltd
Finance
2.64%1.90%1.90%
NTPC Ltd
Power
1.38%2.27%1.38%
Mahindra & Mahindra Ltd
Automobiles
1.24%2.30%1.24%
ITC Ltd
Diversified FMCG
1.11%1.16%1.11%
TVS Motor Co Ltd
Automobiles
1.47%1.10%1.10%
Ge Vernova T&D India Ltd
Electrical Equipment
2.31%1.08%1.08%
Samvardhana Motherson International Ltd
Auto Components
1.82%1.05%1.05%
Eternal Ltd
Retailing
1.63%1.02%1.02%
Godrej Consumer Products Ltd
Personal Products
0.94%1.13%0.94%
Maruti Suzuki India Ltd
Automobiles
1.10%0.87%0.87%
FSN E-Commerce Ventures Ltd
Retailing
0.86%1.33%0.86%
CG Power and Industrial Solutions Ltd
Electrical Equipment
1.35%0.79%0.79%
Interglobe Aviation Ltd
Transport Services
1.44%0.75%0.75%
Cholamandalam Investment and Finance Co Ltd
Finance
0.75%0.96%0.75%
Tata Power Co Ltd
Power
0.98%0.73%0.73%
Hindustan Aeronautics Ltd
Aerospace & Defense
0.85%0.69%0.69%
HDFC Life Insurance Co Ltd
Insurance
0.85%0.69%0.69%
Cummins India Ltd
Industrial Products
1.09%0.66%0.66%
Tech Mahindra Ltd
IT - Software
0.70%0.63%0.63%
Varun Beverages Ltd
Beverages
1.09%0.61%0.61%
Britannia Industries Ltd
Food Products
0.54%0.87%0.54%
NTPC Green Energy Ltd
Power
0.58%0.53%0.53%
Titan Co Ltd
Consumer Durables
1.14%0.46%0.46%
Jubilant Foodworks Ltd
Leisure Services
0.50%0.38%0.38%
Bharat Electronics Ltd
Aerospace & Defense
1.02%0.37%0.37%
Indian Hotels Co Ltd
Leisure Services
0.27%0.45%0.27%
United Spirits Ltd
Beverages
0.89%0.21%0.21%

Unique to ET

All top holdings are shared with the other fund.

Unique to NIPPON INDIA BALANCED ADVANTAG

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
15.1% (4)
Automobiles
3.2% (3)
IT - Software
3.2% (2)
Petroleum Products
2.7% (1)
Finance
2.6% (2)
Power
2.6% (3)
Telecom - Services
2.3% (1)
Construction
2.0% (1)
Retailing
1.9% (2)
Electrical Equipment
1.9% (2)
Diversified FMCG
1.1% (1)
Aerospace & Defense
1.1% (2)
Auto Components
1.1% (1)
Personal Products
0.9% (1)
Beverages
0.8% (2)
Transport Services
0.8% (1)
Insurance
0.7% (1)
Industrial Products
0.7% (1)
Leisure Services
0.7% (2)
Food Products
0.5% (1)
Consumer Durables
0.5% (1)

More comparisons for ET

More comparisons for NIPPON INDIA BALANCED ADVANTAG

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