Mirae Asset Balanced Advantage Fund vs SBI BSE 100 ETF

Mirae vs SBI· Portfolio Overlap Analysis

49.4%High Overlap
59 common stocksRank #10746 / 20,000

Investor takeaway: At 49.4% 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 (59)

StockWt% in Mirae Asset Balanced AdvantageWt% in SBI BSE 100 ETFOverlap
HDFC Bank Ltd.
Banks
5.82%9.52%5.82%
State Bank of India
Banks
3.28%3.52%3.28%
ICICI Bank Ltd.
Banks
3.03%6.95%3.03%
Bharti Airtel Ltd.
Telecom - Services
3.00%3.70%3.00%
Reliance Industries Ltd.
Petroleum Products
2.23%6.65%2.23%
Mahindra & Mahindra Ltd.
Automobiles
1.93%2.14%1.93%
Larsen & Toubro Ltd.
Construction
1.89%3.53%1.89%
Infosys Ltd.
IT - Software
1.78%3.27%1.78%
Axis Bank Ltd.
Banks
1.69%2.79%1.69%
NTPC Ltd.
Power
1.21%1.28%1.21%
Tata Consultancy Services Ltd.
IT - Software
1.20%1.88%1.20%
Tata Steel Ltd.
Ferrous Metals
1.17%1.23%1.17%
Shriram Finance Ltd.
Finance
1.21%1.06%1.06%
ITC Ltd.
Diversified FMCG
0.94%2.13%0.94%
Kotak Mahindra Bank Ltd.
Banks
0.93%2.15%0.93%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.90%0.94%0.90%
Vedanta Ltd.
Diversified Metals
0.93%0.85%0.85%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.84%1.29%0.84%
Maruti Suzuki India Ltd.
Automobiles
0.77%1.38%0.77%
Eternal Ltd.
Retailing
0.74%1.21%0.74%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
0.72%0.79%0.72%
Interglobe Aviation Ltd.
Transport Services
0.66%0.76%0.66%
SBI Life Insurance Co. Ltd.
Insurance
1.03%0.65%0.65%
Oil & Natural Gas Corporation Ltd.
Oil
0.65%0.77%0.65%
TVS Motor Company Ltd.
Automobiles
0.80%0.64%0.64%
Bajaj Finance Ltd.
Finance
0.62%1.84%0.62%
Coal India Ltd.
Consumable Fuels
0.61%0.69%0.61%
Titan Company Ltd.
Consumer Durables
0.58%1.25%0.58%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.90%0.57%0.57%
Bharat Electronics Ltd.
Aerospace & Defense
0.56%1.12%0.56%
JSW Steel Ltd.
Ferrous Metals
0.55%0.83%0.55%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.47%0.58%0.47%
IndusInd Bank Ltd.
Banks
1.02%0.44%0.44%
Varun Beverages Ltd.
Beverages
0.64%0.43%0.43%
Power Finance Corporation Ltd.
Finance
0.45%0.42%0.42%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.42%0.53%0.42%
Avenue Supermarts Ltd.
Retailing
0.60%0.40%0.40%
Indus Towers Ltd.
Telecom - Services
0.40%0.41%0.40%
HDFC Asset Management Co. Ltd.
Capital Markets
0.41%0.38%0.38%
Canara Bank
Banks
0.37%0.37%0.37%
Godrej Consumer Products Ltd.
Personal Products
0.41%0.34%0.34%
The Federal Bank Ltd.
Banks
0.32%0.52%0.32%
Ultratech Cement Ltd.
Cement & Cement Products
0.31%1.05%0.31%
Trent Ltd.
Retailing
0.26%0.61%0.26%
Cipla Ltd.
Pharmaceuticals & Biotechnology
0.25%0.54%0.25%
LTIMindtree Ltd.
IT - Software
0.23%0.29%0.23%
HDFC Life Insurance Company Ltd.
Insurance
0.23%0.54%0.23%
DLF Ltd.
Realty
0.23%0.27%0.23%
Tech Mahindra Ltd.
IT - Software
0.23%0.61%0.23%
Ambuja Cements Ltd.
Cement & Cement Products
1.02%0.22%0.22%
Hindustan Unilever Ltd.
Diversified FMCG
0.19%1.47%0.19%
Colgate Palmolive (India) Ltd.
Personal Products
0.14%0.21%0.14%
Asian Paints Ltd.
Consumer Durables
0.13%0.75%0.13%
United Spirits Ltd.
Beverages
0.12%0.28%0.12%
Bank of Baroda
Banks
0.11%0.42%0.11%
Tata Power Company Ltd.
Power
0.09%0.44%0.09%
Lupin Ltd.
Pharmaceuticals & Biotechnology
0.09%0.39%0.09%
The Indian Hotels Company Ltd.
Leisure Services
0.07%0.41%0.07%
Punjab National Bank
Banks
0.06%0.31%0.06%

Unique to Mirae Asset Balanced Advantage

All top holdings are shared with the other fund.

Unique to SBI BSE 100 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
16.1% (10)
Automobiles
3.9% (4)
IT - Software
3.4% (4)
Telecom - Services
3.4% (2)
Petroleum Products
2.6% (2)
Finance
2.1% (3)
Construction
1.9% (1)
Ferrous Metals
1.7% (2)
Pharmaceuticals & Biotechnology
1.6% (4)
Retailing
1.4% (3)
Power
1.3% (2)
Diversified FMCG
1.1% (2)
Non - Ferrous Metals
0.9% (1)
Insurance
0.9% (2)
Diversified Metals
0.8% (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)
Aerospace & Defense
0.6% (1)
Beverages
0.6% (2)
Cement & Cement Products
0.5% (2)
Personal Products
0.5% (2)
Capital Markets
0.4% (1)
Realty
0.2% (1)
Leisure Services
0.1% (1)

More comparisons for Mirae Asset Balanced Advantage

More comparisons for SBI BSE 100 ETF

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