Invesco India Balanced Advantage Fund vs SBI Nifty Index Fund
Invesco vs SBI· Portfolio Overlap Analysis
48.1%High Overlap
24 common stocksRank #12050 / 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 Invesco India Balanced Advanta | Wt% in SBI Nifty Index | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 8.52% | 11.83% | 8.52% |
ICICI Bank Limited Banks | 4.74% | 8.58% | 4.74% |
Reliance Industries Limited Petroleum Products | 4.41% | 8.20% | 4.41% |
Larsen & Toubro Limited Construction | 4.01% | 4.38% | 4.01% |
Infosys Limited IT - Software | 3.29% | 3.97% | 3.29% |
Kotak Mahindra Bank Ltd Banks | 2.58% | 2.66% | 2.58% |
Tata Consultancy Services Limited IT - Software | 2.40% | 2.35% | 2.35% |
Axis Bank Limited Banks | 1.69% | 3.45% | 1.69% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 2.36% | 1.60% | 1.60% |
Hindustan Unilever Limited Diversified FMCG | 1.60% | 1.81% | 1.60% |
Eternal Limited Retailing | 3.52% | 1.54% | 1.54% |
Bajaj Finance Ltd Finance | 1.52% | 2.30% | 1.52% |
Mahindra & Mahindra Limited Automobiles | 1.43% | 2.64% | 1.43% |
ITC Limited Diversified FMCG | 1.32% | 2.63% | 1.32% |
UltraTech Cement Limited Cement & Cement Products | 1.44% | 1.31% | 1.31% |
InterGlobe Aviation Limited Transport Services | 1.00% | 0.95% | 0.95% |
Grasim Industries Limited Cement & Cement Products | 0.96% | 0.93% | 0.93% |
SBI Life Insurance Company Limited Insurance | 1.53% | 0.80% | 0.80% |
Trent Limited Retailing | 1.16% | 0.75% | 0.75% |
Jio Financial Services Limited Finance | 1.00% | 0.73% | 0.73% |
Max Healthcare Institute Limited Healthcare Services | 1.23% | 0.71% | 0.71% |
Tech Mahindra Limited IT - Software | 0.56% | 0.75% | 0.56% |
Bharat Electronics Limited Aerospace & Defense | 0.47% | 1.39% | 0.47% |
Power Grid Corporation of India Limited Power | 0.34% | 1.18% | 0.34% |
Unique to Invesco India Balanced Advanta
- Hyundai Motor India Ltd1.90%
Unique to SBI Nifty Index
- Bharti Airtel Ltd.4.56%
- State Bank of India4.34%
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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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.