Franklin India NSE Nifty 50 Index Fund vs Kotak MSCI India ETF

Franklin vs Kotak· Portfolio Overlap Analysis

67.5%High Overlap

50 common stocksRank #3511 / 5,000

Investor takeaway: These funds overlap 67.5%. 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 Franklin India NSE Nifty 50 In	Wt% in Kotak MSCI India ETF	Overlap
HDFC Bank Ltd Banks	11.81%	7.35%	7.35%
Reliance Industries Ltd Petroleum Products	8.18%	6.17%	6.17%
ICICI Bank Ltd Banks	8.56%	5.31%	5.31%
Bharti Airtel Ltd Telecom - Services	4.55%	3.51%	3.51%
Infosys Ltd IT - Software	3.96%	3.07%	3.07%
Axis Bank Ltd Banks	3.45%	2.31%	2.31%
Mahindra & Mahindra Ltd Automobiles	2.64%	2.30%	2.30%
Larsen & Toubro Ltd Construction	4.37%	2.10%	2.10%
Bajaj Finance Ltd Finance	2.30%	2.03%	2.03%
Tata Consultancy Services Ltd IT - Software	2.34%	1.74%	1.74%
Kotak Mahindra Bank Ltd Banks	2.65%	1.65%	1.65%
State Bank of India Banks	4.33%	1.61%	1.61%
Hindustan Unilever Ltd Diversified FMCG	1.80%	1.40%	1.40%
Maruti Suzuki India Ltd Automobiles	1.70%	1.36%	1.36%
Sun Pharmaceutical Industries Ltd Pharmaceuticals & Biotechnology	1.60%	1.21%	1.21%
NTPC Ltd Power	1.57%	1.21%	1.21%
Bharat Electronics Ltd Aerospace & Defense	1.38%	1.18%	1.18%
Tata Steel Ltd Ferrous Metals	1.53%	1.16%	1.16%
Titan Co Ltd Consumer Durables	1.55%	1.12%	1.12%
Shriram Finance Ltd Finance	1.31%	1.11%	1.11%
Ultratech Cement Ltd Cement & Cement Products	1.31%	1.09%	1.09%
Power Grid Corporation of India Ltd Power	1.18%	1.01%	1.01%
HCL Technologies Ltd IT - Software	1.27%	0.96%	0.96%
Hindalco Industries Ltd Non - Ferrous Metals	1.16%	0.91%	0.91%
Eicher Motors Ltd Automobiles	0.96%	0.80%	0.80%
ITC Ltd Diversified FMCG	2.63%	0.69%	0.69%
Interglobe Aviation Ltd Transport Services	0.95%	0.67%	0.67%
SBI Life Insurance Co Ltd Insurance	0.80%	0.67%	0.67%
Asian Paints Ltd Consumer Durables	0.93%	0.66%	0.66%
Oil & Natural Gas Corporation Ltd Oil	0.94%	0.64%	0.64%
Nestle India Ltd Food Products	0.81%	0.63%	0.63%
Max Healthcare Institute Ltd Healthcare Services	0.71%	0.62%	0.62%
Apollo Hospitals Enterprise Ltd Healthcare Services	0.70%	0.61%	0.61%
Adani Ports and Special Economic Zone Ltd Transport Infrastructure	0.98%	0.60%	0.60%
Coal India Ltd Consumable Fuels	0.85%	0.58%	0.58%
JSW Steel Ltd Ferrous Metals	1.03%	0.56%	0.56%
Bajaj Finserv Ltd Finance	0.99%	0.56%	0.56%
Tata Motors Passenger Vehicles Ltd Automobiles	0.70%	0.56%	0.56%
Grasim Industries Ltd Cement & Cement Products	0.93%	0.55%	0.55%
Cipla Ltd Pharmaceuticals & Biotechnology	0.66%	0.55%	0.55%
Tech Mahindra Ltd IT - Software	0.75%	0.53%	0.53%
Jio Financial Services Ltd Finance	0.73%	0.53%	0.53%
Trent Ltd Retailing	0.75%	0.51%	0.51%
Dr. Reddy's Laboratories Ltd Pharmaceuticals & Biotechnology	0.68%	0.51%	0.51%
HDFC Life Insurance Co Ltd Insurance	0.67%	0.51%	0.51%
Bajaj Auto Ltd Automobiles	0.96%	0.49%	0.49%
Tata Consumer Products Ltd Agricultural Food & Other Products	0.65%	0.49%	0.49%
Eternal Ltd Retailing	1.54%	0.43%	0.43%
Wipro Ltd IT - Software	0.50%	0.38%	0.38%
Adani Enterprises Ltd Metals & Minerals Trading	0.49%	0.25%	0.25%

Unique to Franklin India NSE Nifty 50 In

All top holdings are shared with the other fund.

Unique to Kotak MSCI India ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

18.2% (5)

IT - Software

6.7% (5)

Petroleum Products

6.2% (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)

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vs DSP NIFTY 50 ETF99.8% · 50 stocks

More comparisons for Kotak MSCI India ETF

vs ADITYA BIRLA SUN LIFE MSCI IND99.8% · 164 stocks
vs DSP MSCI India ETF99.2% · 164 stocks
vs IB33-GROWW NIFTY 200 ETF87.6% · 157 stocks
vs SBI BSE 100 ETF83.5% · 98 stocks
vs HDFC NIFTY 100 ETF81.2% · 93 stocks

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