Mirae Asset Balanced Advantage Fund vs Mirae Asset Multi Asset Allocation Fund

Mirae vs Mirae· Portfolio Overlap Analysis

56.8%High Overlap

97 common stocksRank #6125 / 20,000

Investor takeaway: At 56.8% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (97)

Stock	Wt% in Mirae Asset Balanced Advantage	Wt% in Mirae Asset Multi Asset Alloca	Overlap
HDFC Bank Ltd. Banks	5.82%	5.65%	5.65%
ICICI Bank Ltd. Banks	3.03%	3.14%	3.03%
State Bank of India Banks	3.28%	2.80%	2.80%
Bharti Airtel Ltd. Telecom - Services	3.00%	2.75%	2.75%
Reliance Industries Ltd. Petroleum Products	2.23%	1.99%	1.99%
Larsen & Toubro Ltd. Construction	1.89%	1.80%	1.80%
Axis Bank Ltd. Banks	1.69%	1.82%	1.69%
Infosys Ltd. IT - Software	1.78%	1.64%	1.64%
Mahindra & Mahindra Ltd. Automobiles	1.93%	1.34%	1.34%
NTPC Ltd. Power	1.21%	1.33%	1.21%
Shriram Finance Ltd. Finance	1.21%	1.12%	1.12%
ITC Ltd. Diversified FMCG	0.94%	1.10%	0.94%
Vedanta Ltd. Diversified Metals	0.93%	1.20%	0.93%
Tata Consultancy Services Ltd. IT - Software	1.20%	0.88%	0.88%
SBI Life Insurance Co. Ltd. Insurance	1.03%	0.88%	0.88%
Ambuja Cements Ltd. Cement & Cement Products	1.02%	0.75%	0.75%
Eternal Ltd. Retailing	0.74%	1.38%	0.74%
Tata Steel Ltd. Ferrous Metals	1.17%	0.72%	0.72%
IndusInd Bank Ltd. Banks	1.02%	0.72%	0.72%
Adani Ports and Special Economic Zone Ltd. Transport Infrastructure	0.72%	0.68%	0.68%
TVS Motor Company Ltd. Automobiles	0.80%	0.67%	0.67%
Interglobe Aviation Ltd. Transport Services	0.66%	0.99%	0.66%
Kotak Mahindra Bank Ltd. Banks	0.93%	0.65%	0.65%
Multi Commodity Exchange of India Ltd. Capital Markets	0.65%	0.91%	0.65%
LG Electronics India Ltd. Consumer Durables	0.66%	0.64%	0.64%
Varun Beverages Ltd. Beverages	0.64%	0.69%	0.64%
Laurus Labs Ltd. Pharmaceuticals & Biotechnology	0.63%	0.64%	0.63%
Bajaj Finance Ltd. Finance	0.62%	0.84%	0.62%
Hindalco Industries Ltd. Non - Ferrous Metals	0.90%	0.61%	0.61%
Kfin Technologies Ltd. Capital Markets	0.61%	0.65%	0.61%
Avenue Supermarts Ltd. Retailing	0.60%	0.59%	0.59%
Titan Company Ltd. Consumer Durables	0.58%	0.88%	0.58%
TD Power Systems Ltd. Electrical Equipment	0.60%	0.56%	0.56%
Bharat Electronics Ltd. Aerospace & Defense	0.56%	0.71%	0.56%
Tata Motors Passenger Vehicles Ltd. Automobiles	0.90%	0.54%	0.54%
Schaeffler India Ltd. Auto Components	0.57%	0.53%	0.53%
Glenmark Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology	0.67%	0.50%	0.50%
Century Plyboards (India) Ltd. Consumer Durables	0.50%	0.57%	0.50%
JSW Energy Ltd. Power	0.42%	0.96%	0.42%
Bharat Petroleum Corporation Ltd. Petroleum Products	0.42%	0.46%	0.42%
Maruti Suzuki India Ltd. Automobiles	0.77%	0.41%	0.41%
Godrej Consumer Products Ltd. Personal Products	0.41%	0.46%	0.41%
Indus Towers Ltd. Telecom - Services	0.40%	0.88%	0.40%
Oil & Natural Gas Corporation Ltd. Oil	0.65%	0.39%	0.39%
Sagility Ltd. IT - Services	0.39%	0.50%	0.39%
Onesource Specialty Pharma Ltd. Pharmaceuticals & Biotechnology	0.39%	0.42%	0.39%
Divi's Laboratories Ltd. Pharmaceuticals & Biotechnology	0.47%	0.36%	0.36%
Krishna Institute of Medical Sciences Ltd. Healthcare Services	0.36%	0.60%	0.36%
Craftsman Automation Ltd. Auto Components	0.50%	0.34%	0.34%
HDFC Asset Management Co. Ltd. Capital Markets	0.41%	0.34%	0.34%
Vishal Mega Mart Ltd. Retailing	0.34%	0.56%	0.34%
ABB India Ltd. Electrical Equipment	0.33%	0.45%	0.33%
Brigade Enterprises Ltd. Realty	0.32%	0.41%	0.32%
Sai Life Sciences Ltd. Pharmaceuticals & Biotechnology	0.32%	0.33%	0.32%
Canara Bank Banks	0.37%	0.31%	0.31%
Atul Ltd. Chemicals & Petrochemicals	0.32%	0.31%	0.31%
JB Chemicals & Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology	0.31%	0.46%	0.31%
Ultratech Cement Ltd. Cement & Cement Products	0.31%	0.50%	0.31%
BlackBuck Ltd. Transport Services	0.30%	0.31%	0.30%
Sona Blw Precision Forgings Ltd. Auto Components	0.29%	0.34%	0.29%
Power Finance Corporation Ltd. Finance	0.45%	0.28%	0.28%
International Gemmological Inst.(I) Ltd. Commercial Services & Supplies	0.33%	0.28%	0.28%
Bharat Heavy Electricals Ltd. Electrical Equipment	0.30%	0.28%	0.28%
Mphasis Ltd. IT - Software	0.27%	0.26%	0.26%
CARE Ratings Ltd. Capital Markets	0.25%	0.32%	0.25%
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology	0.84%	0.24%	0.24%
Aurobindo Pharma Ltd. Pharmaceuticals & Biotechnology	0.52%	0.24%	0.24%
Biocon Ltd. Pharmaceuticals & Biotechnology	0.25%	0.24%	0.24%
Campus Activewear Ltd. Consumer Durables	0.24%	0.23%	0.23%
Crompton Greaves Consumer Electricals Ltd. Consumer Durables	0.23%	0.32%	0.23%
Tech Mahindra Ltd. IT - Software	0.23%	0.27%	0.23%
BSE Ltd. Capital Markets	0.40%	0.22%	0.22%
The Federal Bank Ltd. Banks	0.32%	0.22%	0.22%
Leela Palaces Hotels & Resorts Ltd. Leisure Services	0.22%	0.26%	0.22%
LTIMindtree Ltd. IT - Software	0.23%	0.21%	0.21%
Deepak Nitrite Ltd. Chemicals & Petrochemicals	0.21%	0.22%	0.21%
Swiggy Ltd. Retailing	0.22%	0.19%	0.19%
Mahanagar Gas Ltd. Gas	0.29%	0.18%	0.18%
Coal India Ltd. Consumable Fuels	0.61%	0.17%	0.17%
GO Digit General Insurance Ltd. Insurance	0.29%	0.17%	0.17%
Zensar Technologies Ltd. IT - Software	0.33%	0.16%	0.16%
General Insurance Corporation of India Insurance	0.17%	0.16%	0.16%
LIC Housing Finance Ltd. Finance	0.25%	0.13%	0.13%
Hindustan Unilever Ltd. Diversified FMCG	0.19%	0.13%	0.13%
RBL Bank Ltd. Banks	0.16%	0.13%	0.13%
Trent Ltd. Retailing	0.26%	0.11%	0.11%
Bank of Baroda Banks	0.11%	0.22%	0.11%
DLF Ltd. Realty	0.23%	0.10%	0.10%
Gujarat State Petronet Ltd. Gas	0.13%	0.07%	0.07%
The Indian Hotels Company Ltd. Leisure Services	0.07%	0.38%	0.07%
Punjab National Bank Banks	0.06%	0.08%	0.06%
Dalmia Bharat Ltd. Cement & Cement Products	0.08%	0.05%	0.05%
United Spirits Ltd. Beverages	0.12%	0.04%	0.04%
Tata Power Company Ltd. Power	0.09%	0.04%	0.04%
Container Corporation of India Ltd. Transport Services	0.04%	0.12%	0.04%
National Aluminium Company Ltd. Non - Ferrous Metals	0.05%	0.02%	0.02%
Asian Paints Ltd. Consumer Durables	0.13%	0.01%	0.01%

Unique to Mirae Asset Balanced Advantage

All top holdings are shared with the other fund.

Unique to Mirae Asset Multi Asset Alloca

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

15.4% (11)

IT - Software

3.4% (6)

Pharmaceuticals & Biotechnology

3.2% (9)

Telecom - Services

3.1% (2)

Automobiles

3.0% (4)

Petroleum Products

2.4% (2)

Consumer Durables

2.2% (6)

Finance

2.1% (4)

Capital Markets

2.1% (5)

Retailing

2.0% (5)

Construction

1.8% (1)

Power

1.7% (3)

Insurance

1.2% (3)

Electrical Equipment

1.2% (3)

Auto Components

1.2% (3)

Cement & Cement Products

1.1% (3)

Diversified FMCG

1.1% (2)

Transport Services

1.0% (3)

Diversified Metals

0.9% (1)

Ferrous Metals

0.7% (1)

Transport Infrastructure

0.7% (1)

Beverages

0.7% (2)

Non - Ferrous Metals

0.6% (2)

Aerospace & Defense

0.6% (1)

Chemicals & Petrochemicals

0.5% (2)

Realty

0.4% (2)

Personal Products

0.4% (1)

Oil

0.4% (1)

IT - Services

0.4% (1)

Healthcare Services

0.4% (1)

Leisure Services

0.3% (2)

Commercial Services & Supplies

0.3% (1)

Gas

0.3% (2)

Consumable Fuels

0.2% (1)

More comparisons for Mirae Asset Balanced Advantage

vs Mirae Asset Aggressive Hybrid56.1% · 73 stocks
vs Mirae Asset Equity Savings55.7% · 99 stocks
vs IB33-GROWW NIFTY 200 ETF50.0% · 74 stocks
vs SBI BSE 100 ETF49.4% · 59 stocks
vs SBI Nifty 500 Index49.0% · 100 stocks

More comparisons for Mirae Asset Multi Asset Alloca

vs Mirae Asset Aggressive Hybrid54.5% · 70 stocks
vs Mirae Asset Equity Savings53.2% · 104 stocks
vs SBI Nifty 500 Index48.2% · 119 stocks
vs IB33-GROWW NIFTY 200 ETF48.2% · 91 stocks
vs HDFC BSE 500 ETF48.2% · 117 stocks

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