Mahindra Manulife Banking & Financial Services Fund vs NIPPON INDIA BANKING & FINANCIAL SERVICES FUND
Mahindra vs Nippon· Portfolio Overlap Analysis
59.3%High Overlap
15 common stocksRank #5345 / 20,000
Investor takeaway: At 59.3% 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 (15)
| Stock | Wt% in Mahindra Manulife Banking & Fi | Wt% in NIPPON INDIA BANKING & FINANCI | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 13.27% | 13.04% | 13.04% |
HDFC Bank Limited Banks | 11.61% | 14.24% | 11.61% |
Axis Bank Limited Banks | 8.52% | 9.80% | 8.52% |
State Bank of India Banks | 6.69% | 6.51% | 6.51% |
Kotak Mahindra Bank Ltd Banks | 4.08% | 3.10% | 3.10% |
Max Financial Services Limited Insurance | 2.52% | 2.58% | 2.52% |
ICICI Prudential Asset Management Company Limited Capital Markets | 2.75% | 2.51% | 2.51% |
SBI Life Insurance Company Limited Insurance | 2.45% | 3.50% | 2.45% |
Multi Commodity Exchange of India Limited Capital Markets | 2.58% | 2.14% | 2.14% |
Equitas Small Finance Bank Limited Banks | 2.34% | 1.76% | 1.76% |
Bajaj Finance Ltd Finance | 5.89% | 1.71% | 1.71% |
PNB Housing Finance Limited Finance | 0.97% | 1.05% | 0.97% |
Piramal Finance Limited Finance | 0.99% | 0.93% | 0.93% |
ICICI Prudential Life Insurance Company Limited Insurance | 1.45% | 0.76% | 0.76% |
ICICI Lombard General Insurance Company Limited Insurance | 0.75% | 0.92% | 0.75% |
Unique to Mahindra Manulife Banking & Fi
- Shriram Finance Limited3.34%
- Aditya Birla Capital Limited3.06%
- Ujjivan Small Finance Bank Limited2.88%
- Cholamandalam Investment and Finance Company Limited2.87%
Unique to NIPPON INDIA BANKING & FINANCI
- SBI Cards and Payment Services Limited3.83%
- Bajaj Finserv Limited3.23%
- Bank of Baroda2.78%
- The Federal Bank Limited2.76%
Sector Overlap Breakdown
Banks44.5% (6)
Insurance6.5% (4)
Capital Markets4.7% (2)
Finance3.6% (3)
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 NIPPON INDIA BANKING & FINANCI
- vs TATA BANKING & FINANCIAL SERVI65.4% · 16 stocks
- vs HDFC Banking & Financial Servi63.7% · 17 stocks
- vs ICICI Prudential Banking & Fin63.3% · 22 stocks
- vs Mirae Asset Banking and Financ62.0% · 16 stocks
- vs SBI Banking And Financial Serv59.6% · 18 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.