HDFC NIFTY 50 ETF vs Mirae Asset ELSS Tax Saver Fund
HDFC vs Mirae· Portfolio Overlap Analysis
47.1%High Overlap
26 common stocksRank #13147 / 20,000
Investor takeaway: At 47.1% 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 (26)
| Stock | Wt% in HDFC NIFTY 50 ETF | Wt% in Mirae Asset ELSS Tax Saver | Overlap |
|---|---|---|---|
HDFC Bank Ltd. Banks | 11.83% | 9.71% | 9.71% |
ICICI Bank Ltd. Banks | 8.58% | 5.09% | 5.09% |
State Bank of India Banks | 4.34% | 4.38% | 4.34% |
Axis Bank Ltd. Banks | 3.45% | 3.97% | 3.45% |
Infosys Limited IT - Software | 3.97% | 3.35% | 3.35% |
Reliance Industries Ltd. Petroleum Products | 8.20% | 3.04% | 3.04% |
Larsen and Toubro Ltd. Construction | 4.38% | 2.63% | 2.63% |
ITC LIMITED Diversified FMCG | 2.63% | 2.69% | 2.63% |
Tata Consultancy Services Ltd. IT - Software | 2.35% | 2.80% | 2.35% |
Bharti Airtel Ltd. Telecom - Services | 4.56% | 2.20% | 2.20% |
Eternal Limited Retailing | 1.54% | 2.82% | 1.54% |
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology | 1.60% | 1.42% | 1.42% |
Tata Steel Ltd. Ferrous Metals | 1.53% | 1.13% | 1.13% |
InterGlobe Aviation Ltd. Transport Services | 0.95% | 1.71% | 0.95% |
Titan Company Ltd. Consumer Durables | 1.56% | 0.78% | 0.78% |
Kotak Mahindra Bank Limited Banks | 2.66% | 0.74% | 0.74% |
Apollo Hospitals Enterprise Ltd. Healthcare Services | 0.70% | 1.70% | 0.70% |
Tata Motors Passenger Vehicles Limited Automobiles | 0.70% | 1.81% | 0.70% |
Grasim Industries Ltd. Cement & Cement Products | 0.93% | 0.22% | 0.22% |
Hindalco Industries Ltd. Non - Ferrous Metals | 1.17% | 0.05% | 0.05% |
Bharat Electronics Ltd. Aerospace & Defense | 1.39% | 0.03% | 0.03% |
Oil & Natural Gas Corporation Ltd. Oil | 0.95% | 0.03% | 0.03% |
Hindustan Unilever Ltd. Diversified FMCG | 1.81% | 0.02% | 0.02% |
SBI Life Insurance Company Ltd. Insurance | 0.80% | 0.02% | 0.02% |
Mahindra & Mahindra Ltd. Automobiles | 2.64% | 0.00% | 0.00% |
Maruti Suzuki India Limited Automobiles | 1.70% | 0.00% | 0.00% |
Unique to HDFC NIFTY 50 ETF
All top holdings are shared with the other fund.
Unique to Mirae Asset ELSS Tax Saver
- Delhivery Ltd.2.79%
- IndusInd Bank Ltd.2.77%
Sector Overlap Breakdown
Banks23.3% (5)
IT - Software5.7% (2)
Petroleum Products3.0% (1)
Diversified FMCG2.6% (2)
Construction2.6% (1)
Telecom - Services2.2% (1)
Retailing1.5% (1)
Pharmaceuticals & Biotechnology1.4% (1)
Ferrous Metals1.1% (1)
Transport Services0.9% (1)
Consumer Durables0.8% (1)
Healthcare Services0.7% (1)
Automobiles0.7% (3)
Cement & Cement Products0.2% (1)
Non - Ferrous Metals0.1% (1)
Aerospace & Defense0.0% (1)
Oil0.0% (1)
Insurance0.0% (1)
More comparisons for HDFC NIFTY 50 ETF
- vs HDFC Nifty 50 Index100.0% · 50 stocks
- vs ICICI Prudential Nifty 50 ETF100.0% · 50 stocks
- vs Mirae Asset Nifty 50 ETF100.0% · 50 stocks
- vs SBI Nifty Index100.0% · 50 stocks
- vs SBI Nifty 50 ETF100.0% · 50 stocks
More comparisons for Mirae Asset ELSS Tax Saver
- vs Mirae Asset Large & Midcap71.5% · 59 stocks
- vs Mirae Asset Multicap56.6% · 39 stocks
- vs Mirae Asset Large Cap55.3% · 39 stocks
- vs Baroda BNP Paribas Nifty 50 In47.1% · 26 stocks
- vs Bajaj Finserv Nifty 50 Index47.1% · 26 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.