Invesco India Financial Services Fund vs Mirae Asset Banking and Financial Services Fund

Invesco vs Mirae· Portfolio Overlap Analysis

52.5%High Overlap
15 common stocksRank #7871 / 20,000

Investor takeaway: At 52.5% 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 (15)

StockWt% in Invesco India Financial ServicWt% in Mirae Asset Banking and FinancOverlap
HDFC Bank Limited
Banks
15.27%16.50%15.27%
ICICI Bank Limited
Banks
13.61%13.75%13.61%
Axis Bank Limited
Banks
6.44%8.38%6.44%
Karur Vysya Bank Limited
Banks
5.27%2.86%2.86%
Shriram Finance Limited
Finance
4.79%2.23%2.23%
The Federal Bank Limited
Banks
2.15%2.80%2.15%
SBI Life Insurance Company Limited
Insurance
2.08%3.37%2.08%
Multi Commodity Exchange of India Limited
Capital Markets
6.82%1.50%1.50%
Equitas Small Finance Bank Limited
Banks
1.35%1.31%1.31%
Bank of Baroda
Banks
2.90%1.21%1.21%
Home First Finance Company India Limited
Finance
1.01%1.07%1.01%
Aadhar Housing Finance Limited
Finance
1.24%0.93%0.93%
Central Depository Services (India) Limited
Capital Markets
2.94%0.82%0.82%
IndusInd Bank Limited ^^^
Banks
2.33%0.81%0.81%
PB Fintech Limited
Financial Technology (Fintech)
2.04%0.23%0.23%

Unique to Invesco India Financial Servic

  • ICICI Prudential Asset Management Company Limited4.53%
  • Cholamandalam Investment and Finance Company Limited3.42%

Unique to Mirae Asset Banking and Financ

  • State Bank of India10.43%
  • Kotak Mahindra Bank Ltd.3.96%
  • Bajaj Finance Ltd.3.36%
  • Aditya Birla Capital Ltd.2.57%

Sector Overlap Breakdown

Banks
43.7% (8)
Finance
4.2% (3)
Capital Markets
2.3% (2)
Insurance
2.1% (1)
Financial Technology (Fintech)
0.2% (1)

More comparisons for Invesco India Financial Servic

More comparisons for Mirae Asset Banking and Financ

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