HDFC Nifty India Digital Index Fund vs TATA NIFTY INDIA DIGITAL EXCHANGE TRADED FUND
HDFC vs Tata· Portfolio Overlap Analysis
99.6%High Overlap
30 common stocksRank #1252 / 5,000
Investor takeaway: These funds overlap 99.6%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (30)
| Stock | Wt% in HDFC Nifty India Digital Index | Wt% in TATA NIFTY INDIA DIGITAL EXCHA | Overlap |
|---|---|---|---|
Bharti Airtel Ltd. Telecom - Services | 8.14% | 8.17% | 8.14% |
Eternal Limited Retailing | 7.98% | 8.00% | 7.98% |
HCL Technologies Ltd. IT - Software | 7.63% | 7.65% | 7.63% |
Tata Consultancy Services Ltd. IT - Software | 7.34% | 7.36% | 7.34% |
Infosys Limited IT - Software | 7.16% | 7.18% | 7.16% |
PB Fintech Limited Financial Technology (Fintech) | 6.06% | 6.08% | 6.06% |
Tech Mahindra Ltd. IT - Software | 5.67% | 5.69% | 5.67% |
One 97 Communications Limited Financial Technology (Fintech) | 5.35% | 5.36% | 5.35% |
Swiggy Limited Retailing | 4.84% | 4.85% | 4.84% |
INFO EDGE (INDIA) LIMITED Retailing | 4.80% | 4.81% | 4.80% |
Fsn Ecommerce Ventures Limited (Nykaa) Retailing | 4.35% | 4.36% | 4.35% |
Wipro Ltd. IT - Software | 3.77% | 3.79% | 3.77% |
VODAFONE IDEA LIMITED Telecom - Services | 3.51% | 3.52% | 3.51% |
Persistent Systems Limited IT - Software | 3.39% | 3.40% | 3.39% |
LTIMindtree Limited IT - Software | 2.72% | 2.73% | 2.72% |
Coforge Limited IT - Software | 2.61% | 2.62% | 2.61% |
Tata Communications Limited Telecom - Services | 2.25% | 2.26% | 2.25% |
Indian Railway Catering And Tourism Corp Ltd Leisure Services | 2.06% | 2.07% | 2.06% |
MphasiS Limited. IT - Software | 1.72% | 1.73% | 1.72% |
Bharti Hexacom Limited Telecom - Services | 1.45% | 1.45% | 1.45% |
Oracle Financial Ser Software Ltd. IT - Software | 1.09% | 1.09% | 1.09% |
Tata Elxsi Ltd. IT - Software | 1.02% | 1.02% | 1.02% |
KPIT Technologies Ltd IT - Software | 0.83% | 0.83% | 0.83% |
Indiamart Intermesh Limited Retailing | 0.78% | 0.79% | 0.78% |
Tata Technologies Limited IT - Services | 0.66% | 0.66% | 0.66% |
L&T Technology Services Ltd. IT - Services | 0.63% | 0.64% | 0.63% |
AFFLE 3I LIMITED IT - Services | 0.57% | 0.58% | 0.57% |
Cyient Ltd. IT - Services | 0.51% | 0.51% | 0.51% |
Intellect Design Arena Limited IT - Software | 0.41% | 0.41% | 0.41% |
Sonata Software Ltd. IT - Software | 0.34% | 0.34% | 0.34% |
Unique to HDFC Nifty India Digital Index
All top holdings are shared with the other fund.
Unique to TATA NIFTY INDIA DIGITAL EXCHA
All top holdings are shared with the other fund.
Sector Overlap Breakdown
IT - Software45.7% (14)
Retailing22.8% (5)
Telecom - Services15.3% (4)
Financial Technology (Fintech)11.4% (2)
IT - Services2.4% (4)
Leisure Services2.1% (1)
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.