Invesco India Financial Services Fund vs NIPPON INDIA BANKING & FINANCIAL SERVICES FUND

Invesco vs Nippon· Portfolio Overlap Analysis

52.3%High Overlap
13 common stocksRank #7951 / 20,000

Investor takeaway: At 52.3% 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 (13)

StockWt% in Invesco India Financial ServicWt% in NIPPON INDIA BANKING & FINANCIOverlap
HDFC Bank Limited
Banks
15.27%14.24%14.24%
ICICI Bank Limited
Banks
13.61%13.04%13.04%
Axis Bank Limited
Banks
6.44%9.80%6.44%
Bank of Baroda
Banks
2.90%2.78%2.78%
ICICI Prudential Asset Management Company Limited
Capital Markets
4.53%2.51%2.51%
IndusInd Bank Limited ^^^
Banks
2.33%2.63%2.33%
The Federal Bank Limited
Banks
2.15%2.76%2.15%
Multi Commodity Exchange of India Limited
Capital Markets
6.82%2.14%2.14%
SBI Life Insurance Company Limited
Insurance
2.08%3.50%2.08%
Max Financial Services Limited
Insurance
1.63%2.58%1.63%
Equitas Small Finance Bank Limited
Banks
1.35%1.76%1.35%
ICICI Lombard General Insurance Company Limited
Insurance
1.13%0.92%0.92%
One 97 Communications Limited
Financial Technology (Fintech)
1.39%0.72%0.72%

Unique to Invesco India Financial Servic

  • Karur Vysya Bank Limited5.27%
  • Shriram Finance Limited4.79%
  • Cholamandalam Investment and Finance Company Limited3.42%
  • Central Depository Services (India) Limited2.94%

Unique to NIPPON INDIA BANKING & FINANCI

  • State Bank of India6.51%
  • SBI Cards and Payment Services Limited3.83%
  • Bajaj Finserv Limited3.23%
  • Kotak Mahindra Bank Limited3.10%

Sector Overlap Breakdown

Banks
42.3% (7)
Capital Markets
4.7% (2)
Insurance
4.6% (3)
Financial Technology (Fintech)
0.7% (1)

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