Mirae Asset Balanced Advantage Fund vs Parag Parikh Large Cap Fund

Mirae vs PPFAS· Portfolio Overlap Analysis

48.5%High Overlap
56 common stocksRank #11758 / 20,000

Investor takeaway: At 48.5% 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 (56)

StockWt% in Mirae Asset Balanced AdvantageWt% in Parag Parikh Large CapOverlap
HDFC Bank Ltd.
Banks
5.82%9.77%5.82%
State Bank of India
Banks
3.28%3.61%3.28%
ICICI Bank Ltd.
Banks
3.03%7.17%3.03%
Bharti Airtel Ltd.
Telecom - Services
3.00%3.79%3.00%
Reliance Industries Ltd.
Petroleum Products
2.23%6.82%2.23%
Mahindra & Mahindra Ltd.
Automobiles
1.93%2.20%1.93%
Larsen & Toubro Ltd.
Construction
1.89%3.64%1.89%
Infosys Ltd.
IT - Software
1.78%3.30%1.78%
Axis Bank Ltd.
Banks
1.69%2.91%1.69%
NTPC Ltd.
Power
1.21%1.31%1.21%
Tata Consultancy Services Ltd.
IT - Software
1.20%1.95%1.20%
Tata Steel Ltd.
Ferrous Metals
1.17%1.27%1.17%
Shriram Finance Ltd.
Finance
1.21%1.10%1.10%
ITC Ltd.
Diversified FMCG
0.94%2.19%0.94%
Kotak Mahindra Bank Ltd.
Banks
0.93%2.25%0.93%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.90%0.97%0.90%
Vedanta Ltd.
Diversified Metals
0.93%0.88%0.88%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.84%1.33%0.84%
Maruti Suzuki India Ltd.
Automobiles
0.77%1.41%0.77%
Eternal Ltd.
Retailing
0.74%1.28%0.74%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
0.72%0.81%0.72%
SBI Life Insurance Co. Ltd.
Insurance
1.03%0.66%0.66%
TVS Motor Company Ltd.
Automobiles
0.80%0.66%0.66%
Interglobe Aviation Ltd.
Transport Services
0.66%0.79%0.66%
Oil & Natural Gas Corporation Ltd.
Oil
0.65%0.79%0.65%
Bajaj Finance Ltd.
Finance
0.62%1.92%0.62%
Coal India Ltd.
Consumable Fuels
0.61%0.71%0.61%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.90%0.58%0.58%
Titan Company Ltd.
Consumer Durables
0.58%1.29%0.58%
Bharat Electronics Ltd.
Aerospace & Defense
0.56%1.15%0.56%
JSW Steel Ltd.
Ferrous Metals
0.55%0.86%0.55%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.47%0.59%0.47%
Varun Beverages Ltd.
Beverages
0.64%0.45%0.45%
Power Finance Corporation Ltd.
Finance
0.45%0.44%0.44%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.42%0.54%0.42%
Avenue Supermarts Ltd.
Retailing
0.60%0.41%0.41%
Canara Bank
Banks
0.37%0.38%0.37%
Godrej Consumer Products Ltd.
Personal Products
0.41%0.35%0.35%
Jindal Steel Ltd.
Ferrous Metals
0.62%0.34%0.34%
Ultratech Cement Ltd.
Cement & Cement Products
0.31%1.09%0.31%
Trent Ltd.
Retailing
0.26%0.63%0.26%
Cipla Ltd.
Pharmaceuticals & Biotechnology
0.25%0.55%0.25%
ABB India Ltd.
Electrical Equipment
0.33%0.23%0.23%
LTIMindtree Ltd.
IT - Software
0.23%0.30%0.23%
HDFC Life Insurance Company Ltd.
Insurance
0.23%0.56%0.23%
DLF Ltd.
Realty
0.23%0.28%0.23%
Tech Mahindra Ltd.
IT - Software
0.23%0.62%0.23%
JSW Energy Ltd.
Power
0.42%0.19%0.19%
Hindustan Unilever Ltd.
Diversified FMCG
0.19%1.50%0.19%
Asian Paints Ltd.
Consumer Durables
0.13%0.78%0.13%
United Spirits Ltd.
Beverages
0.12%0.30%0.12%
Bank of Baroda
Banks
0.11%0.43%0.11%
Ambuja Cements Ltd.
Cement & Cement Products
1.02%0.09%0.09%
Tata Power Company Ltd.
Power
0.09%0.46%0.09%
The Indian Hotels Company Ltd.
Leisure Services
0.07%0.42%0.07%
Punjab National Bank
Banks
0.06%0.32%0.06%

Unique to Mirae Asset Balanced Advantage

All top holdings are shared with the other fund.

Unique to Parag Parikh Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
15.3% (8)
Automobiles
3.9% (4)
IT - Software
3.4% (4)
Telecom - Services
3.0% (1)
Petroleum Products
2.6% (2)
Finance
2.2% (3)
Ferrous Metals
2.1% (3)
Construction
1.9% (1)
Pharmaceuticals & Biotechnology
1.6% (3)
Power
1.5% (3)
Retailing
1.4% (3)
Diversified FMCG
1.1% (2)
Non - Ferrous Metals
0.9% (1)
Insurance
0.9% (2)
Diversified Metals
0.9% (1)
Transport Infrastructure
0.7% (1)
Consumer Durables
0.7% (2)
Transport Services
0.7% (1)
Oil
0.7% (1)
Consumable Fuels
0.6% (1)
Beverages
0.6% (2)
Aerospace & Defense
0.6% (1)
Cement & Cement Products
0.4% (2)
Personal Products
0.3% (1)
Electrical Equipment
0.2% (1)
Realty
0.2% (1)
Leisure Services
0.1% (1)

More comparisons for Mirae Asset Balanced Advantage

More comparisons for Parag Parikh Large Cap

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