Mahindra Manulife Banking & Financial Services Fund vs Mirae Asset Banking and Financial Services Fund
Mahindra vs Mirae· Portfolio Overlap Analysis
60.3%High Overlap
15 common stocksRank #5071 / 20,000
Investor takeaway: These funds overlap 60.3%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (15)
| Stock | Wt% in Mahindra Manulife Banking & Fi | Wt% in Mirae Asset Banking and Financ | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 13.27% | 13.75% | 13.27% |
HDFC Bank Limited Banks | 11.61% | 16.50% | 11.61% |
Axis Bank Limited Banks | 8.52% | 8.38% | 8.38% |
State Bank of India Banks | 6.69% | 10.43% | 6.69% |
Kotak Mahindra Bank Ltd Banks | 4.08% | 3.96% | 3.96% |
Bajaj Finance Ltd Finance | 5.89% | 3.36% | 3.36% |
Aditya Birla Capital Limited Finance | 3.06% | 2.57% | 2.57% |
SBI Life Insurance Company Limited Insurance | 2.45% | 3.37% | 2.45% |
Shriram Finance Limited Finance | 3.34% | 2.23% | 2.23% |
Multi Commodity Exchange of India Limited Capital Markets | 2.58% | 1.50% | 1.50% |
Karur Vysya Bank Limited Banks | 1.41% | 2.86% | 1.41% |
Equitas Small Finance Bank Limited Banks | 2.34% | 1.31% | 1.31% |
DCB Bank Limited Banks | 0.68% | 1.54% | 0.68% |
Aadhar Housing Finance Limited Finance | 0.65% | 0.93% | 0.65% |
PB Fintech Limited Financial Technology (Fintech) | 0.49% | 0.23% | 0.23% |
Unique to Mahindra Manulife Banking & Fi
- Ujjivan Small Finance Bank Limited2.88%
- Cholamandalam Investment and Finance Company Limited2.87%
Unique to Mirae Asset Banking and Financ
- The Federal Bank Ltd.2.80%
Sector Overlap Breakdown
Banks47.3% (8)
Finance8.8% (4)
Insurance2.5% (1)
Capital Markets1.5% (1)
Financial Technology (Fintech)0.2% (1)
More comparisons for Mahindra Manulife Banking & Fi
- vs ADITYA BIRLA SUN LIFE BANKING 65.2% · 18 stocks
- vs Kotak Banking and Financial Se65.2% · 17 stocks
- vs HDFC Banking & Financial Servi65.1% · 17 stocks
- vs DSP Banking & Financial Servic63.8% · 22 stocks
- vs Baroda BNP Paribas Banking & F63.2% · 18 stocks
More comparisons for Mirae Asset Banking and Financ
- vs HDFC Banking & Financial Servi66.1% · 15 stocks
- vs EDELWEISS FINANCIAL SERVICES63.2% · 16 stocks
- vs TATA NIFTY FINANCIAL SERVICES 63.2% · 10 stocks
- vs Mirae Asset Nifty Financial Se63.2% · 10 stocks
- vs Kotak Banking and Financial Se63.0% · 15 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.