Mahindra Manulife Flexi Cap Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Mahindra vs Nippon· Portfolio Overlap Analysis

47.6%High Overlap
23 common stocksRank #12637 / 20,000

Investor takeaway: At 47.6% 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 (23)

StockWt% in Mahindra Manulife Flexi CapWt% in NIPPON INDIA RETIREMENT FUND -Overlap
ICICI Bank Limited
Banks
7.99%7.59%7.59%
HDFC Bank Limited
Banks
7.38%7.08%7.08%
Reliance Industries Limited
Petroleum Products
4.97%4.56%4.56%
Axis Bank Limited
Banks
3.62%3.20%3.20%
State Bank of India
Banks
3.01%3.99%3.01%
Infosys Limited
IT - Software
3.73%2.86%2.86%
Bajaj Finance Ltd
Finance
3.55%2.86%2.86%
Larsen & Toubro Limited
Construction
2.86%3.62%2.86%
Bharti Airtel Limited
Telecom - Services
1.73%2.69%1.73%
UltraTech Cement Limited
Cement & Cement Products
2.00%1.62%1.62%
Titan Company Limited
Consumer Durables
1.72%1.38%1.38%
Tech Mahindra Limited
IT - Software
1.30%1.84%1.30%
NTPC Limited
Power
1.20%2.93%1.20%
Dixon Technologies (India) Limited
Consumer Durables
0.92%0.97%0.92%
TVS Motor Company Limited
Automobiles
1.44%0.86%0.86%
Mahindra & Mahindra Limited
Automobiles
0.83%2.54%0.83%
Britannia Industries Limited
Food Products
1.41%0.77%0.77%
Tata Power Company Limited
Power
1.18%0.72%0.72%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.96%0.53%0.53%
Info Edge India Ltd
Retailing
1.11%0.52%0.52%
Swiggy Limited
Retailing
0.87%0.50%0.50%
Hindalco Industries Limited
Non - Ferrous Metals
0.36%0.44%0.36%
Cummins India Limited
Industrial Products
0.32%1.56%0.32%

Unique to Mahindra Manulife Flexi Cap

  • Tata Consultancy Services Limited2.87%
  • Hindustan Unilever Limited2.59%

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
20.9% (4)
Petroleum Products
4.6% (1)
IT - Software
4.2% (2)
Finance
2.9% (1)
Construction
2.9% (1)
Consumer Durables
2.3% (2)
Power
1.9% (2)
Telecom - Services
1.7% (1)
Automobiles
1.7% (2)
Cement & Cement Products
1.6% (1)
Retailing
1.0% (2)
Food Products
0.8% (1)
Pharmaceuticals & Biotechnology
0.5% (1)
Non - Ferrous Metals
0.4% (1)
Industrial Products
0.3% (1)

More comparisons for Mahindra Manulife Flexi Cap

More comparisons for NIPPON INDIA RETIREMENT FUND -

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