LIC MF BANKING AND FINANCIAL SERVICES FUND vs Mirae Asset Nifty Financial Services ETF

LIC vs Mirae· Portfolio Overlap Analysis

58.7%High Overlap
12 common stocksRank #5580 / 20,000

Investor takeaway: At 58.7% 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 (12)

StockWt% in LIC MF BANKING AND FINANCIAL SWt% in Mirae Asset Nifty Financial SeOverlap
HDFC Bank Ltd.
Banks
16.56%16.73%16.56%
ICICI Bank Ltd.
Banks
12.62%14.07%12.62%
Axis Bank Ltd.
Banks
8.44%10.98%8.44%
Kotak Mahindra Bank Ltd.
Banks
7.77%9.23%7.77%
State Bank of India
Banks
6.04%12.24%6.04%
Shriram Finance Ltd.
Finance
1.86%4.57%1.86%
Power Finance Corporation Ltd.
Finance
1.56%1.82%1.56%
Bajaj Finance Ltd.
Finance
1.53%7.99%1.53%
SBI Cards & Payment Services Ltd.
Finance
3.21%0.71%0.71%
Muthoot Finance Ltd.
Finance
0.56%1.09%0.56%
HDFC Life Insurance Company Ltd.
Insurance
0.56%2.32%0.56%
SBI Life Insurance Company Ltd.
Insurance
0.48%2.76%0.48%

Unique to LIC MF BANKING AND FINANCIAL S

  • MAS Financial Services Ltd.4.59%
  • Creditaccess Grameen Ltd.2.48%
  • IIFL Finance Ltd.2.23%
  • Piramal Finance Ltd.2.20%

Unique to Mirae Asset Nifty Financial Se

  • Bajaj Finserv Ltd.3.44%
  • BSE Ltd.3.34%

Sector Overlap Breakdown

Banks
51.4% (5)
Finance
6.2% (5)
Insurance
1.0% (2)

More comparisons for LIC MF BANKING AND FINANCIAL S

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