Mirae Asset Aggressive Hybrid Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Mirae vs Nippon· Portfolio Overlap Analysis

44.5%High Overlap
29 common stocksRank #16906 / 20,000

Investor takeaway: At 44.5% 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 (29)

StockWt% in Mirae Asset Aggressive HybridWt% in NIPPON INDIA RETIREMENT FUND -Overlap
HDFC Bank Ltd.
Banks
6.92%7.08%6.92%
ICICI Bank Ltd.
Banks
4.26%7.59%4.26%
State Bank of India
Banks
4.89%3.99%3.99%
Reliance Industries Ltd.
Petroleum Products
2.96%4.56%2.96%
Axis Bank Ltd.
Banks
2.84%3.20%2.84%
Larsen & Toubro Ltd.
Construction
2.71%3.62%2.71%
Bharti Airtel Ltd.
Telecom - Services
2.99%2.69%2.69%
NTPC Ltd.
Power
2.12%2.93%2.12%
Infosys Ltd.
IT - Software
1.84%2.86%1.84%
Mahindra & Mahindra Ltd.
Automobiles
1.61%2.54%1.61%
Eternal Ltd.
Retailing
1.28%1.34%1.28%
JSW Energy Ltd.
Power
0.94%1.40%0.94%
Vedanta Ltd.
Diversified Metals
0.88%1.57%0.88%
Bajaj Finance Ltd.
Finance
0.88%2.86%0.88%
Varun Beverages Ltd.
Beverages
0.88%1.15%0.88%
SBI Life Insurance Co. Ltd.
Insurance
0.87%1.95%0.87%
TVS Motor Company Ltd.
Automobiles
1.25%0.86%0.86%
Interglobe Aviation Ltd.
Transport Services
0.82%1.54%0.82%
Delhivery Ltd.
Transport Services
1.07%0.80%0.80%
Shriram Finance Ltd.
Finance
1.66%0.78%0.78%
Power Finance Corporation Ltd.
Finance
0.54%1.32%0.54%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.53%1.23%0.53%
Ultratech Cement Ltd.
Cement & Cement Products
0.51%1.62%0.51%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.55%0.44%0.44%
L&T Finance Ltd.
Finance
0.39%1.00%0.39%
HDFC Asset Management Co. Ltd.
Capital Markets
0.38%1.55%0.38%
Crompton Greaves Consumer Electricals Ltd.
Consumer Durables
0.29%1.15%0.29%
Swiggy Ltd.
Retailing
0.29%0.50%0.29%
Titan Company Ltd.
Consumer Durables
0.23%1.38%0.23%

Unique to Mirae Asset Aggressive Hybrid

All top holdings are shared with the other fund.

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
18.0% (4)
Petroleum Products
3.5% (2)
Power
3.1% (2)
Construction
2.7% (1)
Telecom - Services
2.7% (1)
Finance
2.6% (4)
Automobiles
2.5% (2)
IT - Software
1.8% (1)
Transport Services
1.6% (2)
Retailing
1.6% (2)
Diversified Metals
0.9% (1)
Beverages
0.9% (1)
Insurance
0.9% (1)
Consumer Durables
0.5% (2)
Cement & Cement Products
0.5% (1)
Non - Ferrous Metals
0.4% (1)
Capital Markets
0.4% (1)

More comparisons for Mirae Asset Aggressive Hybrid

More comparisons for NIPPON INDIA RETIREMENT FUND -

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