ET vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Canara Robeco vs Nippon· Portfolio Overlap Analysis

56.6%High Overlap
31 common stocksRank #6161 / 20,000

Investor takeaway: At 56.6% 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 ETWt% in NIPPON INDIA RETIREMENT FUND -Overlap
HDFC Bank Ltd
Banks
7.19%7.08%7.08%
ICICI Bank Ltd
Banks
6.76%7.59%6.76%
Reliance Industries Ltd
Petroleum Products
3.98%4.56%3.98%
State Bank of India
Banks
3.78%3.99%3.78%
Larsen & Toubro Ltd
Construction
3.42%3.62%3.42%
Infosys Ltd
IT - Software
3.22%2.86%2.86%
Axis Bank Ltd
Banks
2.76%3.20%2.76%
Bharti Airtel Ltd
Telecom - Services
3.12%2.69%2.69%
Bajaj Finance Ltd
Finance
2.64%2.86%2.64%
Samvardhana Motherson International Ltd
Auto Components
1.82%1.89%1.82%
Ultratech Cement Ltd
Cement & Cement Products
1.76%1.62%1.62%
Interglobe Aviation Ltd
Transport Services
1.44%1.54%1.44%
NTPC Ltd
Power
1.38%2.93%1.38%
Eternal Ltd
Retailing
1.63%1.34%1.34%
Mahindra & Mahindra Ltd
Automobiles
1.24%2.54%1.24%
Titan Co Ltd
Consumer Durables
1.14%1.38%1.14%
Varun Beverages Ltd
Beverages
1.09%1.15%1.09%
Cummins India Ltd
Industrial Products
1.09%1.56%1.09%
Power Finance Corporation Ltd
Finance
0.96%1.32%0.96%
United Spirits Ltd
Beverages
0.89%1.21%0.89%
TVS Motor Co Ltd
Automobiles
1.47%0.86%0.86%
Hindustan Aeronautics Ltd
Aerospace & Defense
0.85%1.69%0.85%
Cholamandalam Investment and Finance Co Ltd
Finance
0.75%0.96%0.75%
Tata Power Co Ltd
Power
0.98%0.72%0.72%
Tech Mahindra Ltd
IT - Software
0.70%1.84%0.70%
Crompton Greaves Consumer Electricals Ltd
Consumer Durables
0.63%1.15%0.63%
NTPC Green Energy Ltd
Power
0.58%0.68%0.58%
Britannia Industries Ltd
Food Products
0.54%0.77%0.54%
Info Edge (India) Ltd
Retailing
0.68%0.52%0.52%
Indian Hotels Co Ltd
Leisure Services
0.27%0.57%0.27%
Max Financial Services Ltd
Insurance
1.36%0.20%0.20%

Unique to ET

  • Ge Vernova T&D India Ltd2.31%

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
20.4% (4)
Finance
4.3% (3)
Petroleum Products
4.0% (1)
IT - Software
3.6% (2)
Construction
3.4% (1)
Telecom - Services
2.7% (1)
Power
2.7% (3)
Automobiles
2.1% (2)
Beverages
2.0% (2)
Retailing
1.9% (2)
Auto Components
1.8% (1)
Consumer Durables
1.8% (2)
Cement & Cement Products
1.6% (1)
Transport Services
1.4% (1)
Industrial Products
1.1% (1)
Aerospace & Defense
0.8% (1)
Food Products
0.5% (1)
Leisure Services
0.3% (1)
Insurance
0.2% (1)

More comparisons for ET

More comparisons for NIPPON INDIA RETIREMENT FUND -

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