Mahindra Manulife Business Cycle Fund vs Mahindra Manulife Value Fund

Mahindra vs Mahindra· Portfolio Overlap Analysis

61.0%High Overlap
43 common stocksRank #4950 / 5,000

Investor takeaway: These funds overlap 61.0%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (43)

StockWt% in Mahindra Manulife Business CycWt% in Mahindra Manulife ValueOverlap
Indus Towers Limited
Telecom - Services
3.97%3.27%3.27%
Bajaj Auto Limited
Automobiles
3.60%2.82%2.82%
Reliance Industries Limited
Petroleum Products
4.21%2.67%2.67%
IndusInd Bank Limited
Banks
2.64%3.06%2.64%
JSW Energy Limited
Power
2.64%2.45%2.45%
Grasim Industries Limited
Cement & Cement Products
2.90%2.16%2.16%
The Ramco Cements Limited
Cement & Cement Products
2.34%2.14%2.14%
Infosys Limited
IT - Software
3.32%2.13%2.13%
State Bank of India
Banks
3.69%2.04%2.04%
Tech Mahindra Limited
IT - Software
1.95%1.83%1.83%
Vodafone Idea Limited
Telecom - Services
1.77%1.86%1.77%
Coal India Limited
Consumable Fuels
1.82%1.68%1.68%
Tata Steel Limited
Ferrous Metals
2.11%1.65%1.65%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.64%2.00%1.64%
IDFC First Bank Limited
Banks
1.64%1.93%1.64%
The Federal Bank Limited
Banks
1.80%1.53%1.53%
CEAT Limited
Auto Components
1.42%1.61%1.42%
Biocon Limited
Pharmaceuticals & Biotechnology
1.38%1.82%1.38%
Kajaria Ceramics Limited
Consumer Durables
1.58%1.36%1.36%
Bandhan Bank Limited
Banks
1.26%1.29%1.26%
NMDC Limited
Minerals & Mining
1.26%1.39%1.26%
Shriram Finance Limited
Finance
1.24%1.53%1.24%
Aurobindo Pharma Limited
Pharmaceuticals & Biotechnology
1.36%1.21%1.21%
GAIL (India) Limited
Gas
1.24%1.20%1.20%
Hindustan Unilever Limited
Diversified FMCG
2.08%1.16%1.16%
CESC Limited
Power
1.40%1.12%1.12%
Punjab National Bank
Banks
1.21%1.01%1.01%
Wipro Limited
IT - Software
1.54%0.97%0.97%
Hero MotoCorp Limited
Automobiles
1.05%0.97%0.97%
Tata Consultancy Services Limited
IT - Software
0.97%1.72%0.97%
LMW Limited
Industrial Manufacturing
1.04%0.96%0.96%
Ambuja Cements Limited
Cement & Cement Products
0.96%1.36%0.96%
Kirloskar Brothers Limited
Industrial Products
0.97%0.87%0.87%
Union Bank of India
Banks
0.93%0.86%0.86%
Ujjivan Small Finance Bank Limited
Banks
0.89%0.86%0.86%
Belrise Industries Ltd.
Auto Components
0.86%1.06%0.86%
Gokaldas Exports Limited
Textiles & Apparels
0.81%0.92%0.81%
Whirlpool of India Limited
Consumer Durables
1.06%0.78%0.78%
Asahi India Glass Limited
Auto Components
1.31%0.77%0.77%
Piramal Finance Limited
Finance
1.79%0.76%0.76%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.73%1.70%0.73%
K.P.R. Mill Limited
Textiles & Apparels
0.69%0.64%0.64%
Carborundum Universal Limited
Industrial Products
0.50%0.61%0.50%

Unique to Mahindra Manulife Business Cyc

All top holdings are shared with the other fund.

Unique to Mahindra Manulife Value

  • Oil India Limited3.09%
  • Tube Investments Of India Limited2.81%

Sector Overlap Breakdown

Banks
11.8% (8)
IT - Software
5.9% (4)
Cement & Cement Products
5.3% (3)
Telecom - Services
5.0% (2)
Pharmaceuticals & Biotechnology
5.0% (4)
Automobiles
3.8% (2)
Power
3.6% (2)
Auto Components
3.0% (3)
Petroleum Products
2.7% (1)
Consumer Durables
2.1% (2)
Finance
2.0% (2)
Consumable Fuels
1.7% (1)
Ferrous Metals
1.6% (1)
Textiles & Apparels
1.4% (2)
Industrial Products
1.4% (2)
Minerals & Mining
1.3% (1)
Gas
1.2% (1)
Diversified FMCG
1.2% (1)
Industrial Manufacturing
1.0% (1)

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