HDFC Nifty 50 Index Fund vs Invesco India Balanced Advantage Fund
HDFC vs Invesco· Portfolio Overlap Analysis
48.1%High Overlap
24 common stocksRank #12046 / 20,000
Investor takeaway: At 48.1% 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 (24)
| Stock | Wt% in HDFC Nifty 50 Index | Wt% in Invesco India Balanced Advanta | Overlap |
|---|---|---|---|
HDFC Bank Ltd. Banks | 11.83% | 8.52% | 8.52% |
ICICI Bank Ltd. Banks | 8.58% | 4.74% | 4.74% |
Reliance Industries Ltd. Petroleum Products | 8.20% | 4.41% | 4.41% |
Larsen and Toubro Ltd. Construction | 4.38% | 4.01% | 4.01% |
Infosys Limited IT - Software | 3.97% | 3.29% | 3.29% |
Kotak Mahindra Bank Limited Banks | 2.66% | 2.58% | 2.58% |
Tata Consultancy Services Ltd. IT - Software | 2.35% | 2.40% | 2.35% |
Axis Bank Ltd. Banks | 3.45% | 1.69% | 1.69% |
Hindustan Unilever Ltd. Diversified FMCG | 1.81% | 1.60% | 1.60% |
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology | 1.60% | 2.36% | 1.60% |
Eternal Limited Retailing | 1.54% | 3.52% | 1.54% |
Bajaj Finance Ltd. Finance | 2.30% | 1.52% | 1.52% |
Mahindra & Mahindra Ltd. Automobiles | 2.64% | 1.43% | 1.43% |
ITC LIMITED Diversified FMCG | 2.63% | 1.32% | 1.32% |
UltraTech Cement Limited Cement & Cement Products | 1.31% | 1.44% | 1.31% |
InterGlobe Aviation Ltd. Transport Services | 0.95% | 1.00% | 0.95% |
Grasim Industries Ltd. Cement & Cement Products | 0.93% | 0.96% | 0.93% |
SBI Life Insurance Company Ltd. Insurance | 0.80% | 1.53% | 0.80% |
Trent Ltd. Retailing | 0.75% | 1.16% | 0.75% |
Jio Financial Services Limited Finance | 0.73% | 1.00% | 0.73% |
Max Healthcare Institute Limited Healthcare Services | 0.71% | 1.23% | 0.71% |
Tech Mahindra Ltd. IT - Software | 0.75% | 0.56% | 0.56% |
Bharat Electronics Ltd. Aerospace & Defense | 1.39% | 0.47% | 0.47% |
Power Grid Corporation of India Ltd. Power | 1.18% | 0.34% | 0.34% |
Unique to HDFC Nifty 50 Index
- Bharti Airtel Ltd.4.56%
- State Bank of India4.34%
Unique to Invesco India Balanced Advanta
- Hyundai Motor India Ltd1.90%
Sector Overlap Breakdown
Banks17.5% (4)
IT - Software6.2% (3)
Petroleum Products4.4% (1)
Construction4.0% (1)
Diversified FMCG2.9% (2)
Retailing2.3% (2)
Finance2.3% (2)
Cement & Cement Products2.2% (2)
Pharmaceuticals & Biotechnology1.6% (1)
Automobiles1.4% (1)
Transport Services0.9% (1)
Insurance0.8% (1)
Healthcare Services0.7% (1)
Aerospace & Defense0.5% (1)
Power0.3% (1)
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More comparisons for Invesco India Balanced Advanta
- vs Bajaj Finserv Nifty 50 Index48.1% · 24 stocks
- vs HDFC NIFTY 50 ETF48.1% · 24 stocks
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.