LIC MF BALANCED ADVANTAGE FUND vs Nippon India ETF Nifty 100

LIC vs Nippon· Portfolio Overlap Analysis

44.5%High Overlap

37 common stocksRank #16904 / 20,000

Investor takeaway: At 44.5% 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 (37)

Stock	Wt% in LIC MF BALANCED ADVANTAGE	Wt% in Nippon India ETF Nifty 100	Overlap
HDFC Bank Ltd. Banks	8.48%	9.83%	8.48%
ICICI Bank Ltd. Banks	4.36%	7.13%	4.36%
State Bank of India Banks	4.66%	3.61%	3.61%
Reliance Industries Ltd. Petroleum Products	3.59%	6.81%	3.59%
Infosys Ltd. IT - Software	2.16%	3.30%	2.16%
Larsen & Toubro Ltd. Construction	2.04%	3.64%	2.04%
Tata Consultancy Services Ltd. IT - Software	3.58%	1.95%	1.95%
Kotak Mahindra Bank Ltd. Banks	1.48%	2.21%	1.48%
Axis Bank Ltd. Banks	1.48%	2.87%	1.48%
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology	1.43%	1.33%	1.33%
NTPC Ltd. Power	1.22%	1.31%	1.22%
Tata Steel Ltd. Ferrous Metals	1.18%	1.27%	1.18%
Ultratech Cement Ltd. Cement & Cement Products	1.25%	1.09%	1.09%
Mahindra & Mahindra Ltd. Automobiles	1.04%	2.20%	1.04%
Bharti Airtel Ltd. Telecom - Services	0.99%	3.79%	0.99%
Hindalco Industries Ltd. Non - Ferrous Metals	1.08%	0.97%	0.97%
ITC Ltd. Diversified FMCG	0.82%	2.19%	0.82%
InterGlobe Aviation Ltd. Transport Services	0.73%	0.79%	0.73%
Tata Consumer Products Ltd. Agricultural Food & other Products	1.11%	0.54%	0.54%
Tata Motors Passenger Vehicles Ltd. Automobiles	0.49%	0.58%	0.49%
Tata Power Company Ltd. Power	1.19%	0.46%	0.46%
Power Finance Corporation Ltd. Finance	1.50%	0.44%	0.44%
Tech Mahindra Ltd. IT - Software	0.43%	0.62%	0.43%
Grasim Industries Ltd. Cement & Cement Products	0.43%	0.77%	0.43%
HDFC Life Insurance Company Ltd. Insurance	0.40%	0.56%	0.40%
Titan Company Ltd. Consumer Durables	0.38%	1.29%	0.38%
ICICI Lombard General Insurance Co. Ltd. Insurance	1.30%	0.33%	0.33%
Torrent Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology	0.40%	0.33%	0.33%
Apollo Hospitals Enterprise Ltd. Healthcare Services	0.33%	0.58%	0.33%
Power Grid Corporation of India Ltd. Power	0.33%	0.98%	0.33%
HCL Technologies Ltd. IT - Software	0.27%	1.06%	0.27%
Lodha Developers Ltd. Realty	0.73%	0.20%	0.20%
Cholamandalam Investment & Fin Co Ltd. Finance	0.20%	0.53%	0.20%
Divi's Laboratories Ltd. Pharmaceuticals & Biotechnology	0.19%	0.59%	0.19%
Maruti Suzuki India Ltd. Automobiles	0.19%	1.41%	0.19%
Eicher Motors Ltd. Automobiles	0.06%	0.80%	0.06%
Hindustan Aeronautics Ltd. Aerospace & Defense	0.01%	0.54%	0.01%

Unique to LIC MF BALANCED ADVANTAGE

Garware Hi-Tech Films Ltd.1.52%

Unique to Nippon India ETF Nifty 100

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

19.4% (5)

IT - Software

4.8% (4)

Petroleum Products

3.6% (1)

Construction

2.0% (1)

Power

2.0% (3)

Pharmaceuticals & Biotechnology

1.9% (3)

Automobiles

1.8% (4)

Cement & Cement Products

1.5% (2)

Ferrous Metals

1.2% (1)

Telecom - Services

1.0% (1)

Non - Ferrous Metals

1.0% (1)

Diversified FMCG

0.8% (1)

Transport Services

0.7% (1)

Insurance

0.7% (2)

Finance

0.6% (2)

Agricultural Food & other Products

0.5% (1)

Consumer Durables

0.4% (1)

Healthcare Services

0.3% (1)

Realty

0.2% (1)

Aerospace & Defense

0.0% (1)

More comparisons for LIC MF BALANCED ADVANTAGE

vs Motilal Oswal Nifty 100 ETF44.5% · 37 stocks
vs Axis Nifty 100 Index44.5% · 37 stocks
vs HDFC NIFTY 100 ETF44.5% · 37 stocks
vs HDFC NIFTY 100 Index44.5% · 37 stocks
vs ICICI Prudential Nifty 100 ETF44.5% · 37 stocks

More comparisons for Nippon India ETF Nifty 100

vs HDFC NIFTY 100 ETF99.9% · 100 stocks
vs ICICI Prudential Nifty 100 ETF99.9% · 100 stocks
vs Axis Nifty 100 Index99.9% · 100 stocks
vs HDFC NIFTY 100 Index99.9% · 100 stocks
vs Motilal Oswal Nifty 100 ETF99.8% · 100 stocks

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