Mirae Asset Balanced Advantage Fund vs SBI Nifty 500 Index Fund

Mirae vs SBI· Portfolio Overlap Analysis

49.0%High Overlap

100 common stocksRank #11280 / 20,000

Investor takeaway: At 49.0% 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 (100)

Stock	Wt% in Mirae Asset Balanced Advantage	Wt% in SBI Nifty 500 Index	Overlap
HDFC Bank Ltd. Banks	5.82%	6.96%	5.82%
ICICI Bank Ltd. Banks	3.03%	5.05%	3.03%
Bharti Airtel Ltd. Telecom - Services	3.00%	2.68%	2.68%
State Bank of India Banks	3.28%	2.56%	2.56%
Reliance Industries Ltd. Petroleum Products	2.23%	4.82%	2.23%
Larsen & Toubro Ltd. Construction	1.89%	2.58%	1.89%
Infosys Ltd. IT - Software	1.78%	2.33%	1.78%
Axis Bank Ltd. Banks	1.69%	2.03%	1.69%
Mahindra & Mahindra Ltd. Automobiles	1.93%	1.55%	1.55%
Tata Consultancy Services Ltd. IT - Software	1.20%	1.38%	1.20%
ITC Ltd. Diversified FMCG	0.94%	1.55%	0.94%
NTPC Ltd. Power	1.21%	0.93%	0.93%
Kotak Mahindra Bank Ltd. Banks	0.93%	1.56%	0.93%
Tata Steel Ltd. Ferrous Metals	1.17%	0.90%	0.90%
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology	0.84%	0.94%	0.84%
Shriram Finance Ltd. Finance	1.21%	0.77%	0.77%
Maruti Suzuki India Ltd. Automobiles	0.77%	1.00%	0.77%
Eternal Ltd. Retailing	0.74%	0.91%	0.74%
Hindalco Industries Ltd. Non - Ferrous Metals	0.90%	0.69%	0.69%
Vedanta Ltd. Diversified Metals	0.93%	0.62%	0.62%
Bajaj Finance Ltd. Finance	0.62%	1.36%	0.62%
Adani Ports and Special Economic Zone Ltd. Transport Infrastructure	0.72%	0.58%	0.58%
Titan Company Ltd. Consumer Durables	0.58%	0.92%	0.58%
Interglobe Aviation Ltd. Transport Services	0.66%	0.56%	0.56%
Oil & Natural Gas Corporation Ltd. Oil	0.65%	0.56%	0.56%
Bharat Electronics Ltd. Aerospace & Defense	0.56%	0.82%	0.56%
JSW Steel Ltd. Ferrous Metals	0.55%	0.61%	0.55%
Coal India Ltd. Consumable Fuels	0.61%	0.50%	0.50%
SBI Life Insurance Co. Ltd. Insurance	1.03%	0.47%	0.47%
TVS Motor Company Ltd. Automobiles	0.80%	0.47%	0.47%
Divi's Laboratories Ltd. Pharmaceuticals & Biotechnology	0.47%	0.42%	0.42%
Tata Motors Passenger Vehicles Ltd. Automobiles	0.90%	0.41%	0.41%
BSE Ltd. Capital Markets	0.40%	0.57%	0.40%
Bharat Petroleum Corporation Ltd. Petroleum Products	0.42%	0.38%	0.38%
IndusInd Bank Ltd. Banks	1.02%	0.32%	0.32%
Multi Commodity Exchange of India Ltd. Capital Markets	0.65%	0.32%	0.32%
Varun Beverages Ltd. Beverages	0.64%	0.32%	0.32%
The Federal Bank Ltd. Banks	0.32%	0.38%	0.32%
Power Finance Corporation Ltd. Finance	0.45%	0.31%	0.31%
Ultratech Cement Ltd. Cement & Cement Products	0.31%	0.77%	0.31%
Indus Towers Ltd. Telecom - Services	0.40%	0.30%	0.30%
Avenue Supermarts Ltd. Retailing	0.60%	0.29%	0.29%
HDFC Asset Management Co. Ltd. Capital Markets	0.41%	0.28%	0.28%
Canara Bank Banks	0.37%	0.27%	0.27%
Trent Ltd. Retailing	0.26%	0.44%	0.26%
Godrej Consumer Products Ltd. Personal Products	0.41%	0.25%	0.25%
Cipla Ltd. Pharmaceuticals & Biotechnology	0.25%	0.39%	0.25%
Jindal Steel Ltd. Ferrous Metals	0.62%	0.24%	0.24%
HDFC Life Insurance Company Ltd. Insurance	0.23%	0.39%	0.23%
Tech Mahindra Ltd. IT - Software	0.23%	0.44%	0.23%
Laurus Labs Ltd. Pharmaceuticals & Biotechnology	0.63%	0.21%	0.21%
LTIMindtree Ltd. IT - Software	0.23%	0.21%	0.21%
Swiggy Ltd. Retailing	0.22%	0.21%	0.21%
Bharat Heavy Electricals Ltd. Electrical Equipment	0.30%	0.20%	0.20%
DLF Ltd. Realty	0.23%	0.20%	0.20%
Hindustan Unilever Ltd. Diversified FMCG	0.19%	1.06%	0.19%
Aurobindo Pharma Ltd. Pharmaceuticals & Biotechnology	0.52%	0.17%	0.17%
Ambuja Cements Ltd. Cement & Cement Products	1.02%	0.16%	0.16%
Glenmark Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology	0.67%	0.16%	0.16%
ABB India Ltd. Electrical Equipment	0.33%	0.16%	0.16%
Biocon Ltd. Pharmaceuticals & Biotechnology	0.25%	0.14%	0.14%
Colgate Palmolive (India) Ltd. Personal Products	0.14%	0.15%	0.14%
JSW Energy Ltd. Power	0.42%	0.13%	0.13%
Vishal Mega Mart Ltd. Retailing	0.34%	0.13%	0.13%
Mphasis Ltd. IT - Software	0.27%	0.13%	0.13%
Asian Paints Ltd. Consumer Durables	0.13%	0.55%	0.13%
JK Cement Ltd. Cement & Cement Products	0.35%	0.12%	0.12%
Sona Blw Precision Forgings Ltd. Auto Components	0.29%	0.12%	0.12%
United Spirits Ltd. Beverages	0.12%	0.21%	0.12%
Bank of Baroda Banks	0.11%	0.31%	0.11%
RBL Bank Ltd. Banks	0.16%	0.10%	0.10%
Schaeffler India Ltd. Auto Components	0.57%	0.09%	0.09%
Krishna Institute of Medical Sciences Ltd. Healthcare Services	0.36%	0.09%	0.09%
JB Chemicals & Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology	0.31%	0.09%	0.09%
Tata Power Company Ltd. Power	0.09%	0.32%	0.09%
Lupin Ltd. Pharmaceuticals & Biotechnology	0.09%	0.29%	0.09%
LIC Housing Finance Ltd. Finance	0.25%	0.08%	0.08%
Crompton Greaves Consumer Electricals Ltd. Consumer Durables	0.23%	0.08%	0.08%
Dalmia Bharat Ltd. Cement & Cement Products	0.08%	0.08%	0.08%
Kfin Technologies Ltd. Capital Markets	0.61%	0.07%	0.07%
Sai Life Sciences Ltd. Pharmaceuticals & Biotechnology	0.32%	0.07%	0.07%
The Indian Hotels Company Ltd. Leisure Services	0.07%	0.30%	0.07%
Deepak Nitrite Ltd. Chemicals & Petrochemicals	0.21%	0.06%	0.06%
General Insurance Corporation of India Insurance	0.17%	0.06%	0.06%
Punjab National Bank Banks	0.06%	0.23%	0.06%
Craftsman Automation Ltd. Auto Components	0.50%	0.05%	0.05%
Brigade Enterprises Ltd. Realty	0.32%	0.05%	0.05%
Atul Ltd. Chemicals & Petrochemicals	0.32%	0.05%	0.05%
National Aluminium Company Ltd. Non - Ferrous Metals	0.05%	0.16%	0.05%
Onesource Specialty Pharma Ltd. Pharmaceuticals & Biotechnology	0.39%	0.04%	0.04%
GO Digit General Insurance Ltd. Insurance	0.29%	0.04%	0.04%
Mahanagar Gas Ltd. Gas	0.29%	0.04%	0.04%
Gujarat State Petronet Ltd. Gas	0.13%	0.04%	0.04%
Container Corporation of India Ltd. Transport Services	0.04%	0.09%	0.04%
Sagility Ltd. IT - Services	0.39%	0.03%	0.03%
Zensar Technologies Ltd. IT - Software	0.33%	0.03%	0.03%
Century Plyboards (India) Ltd. Consumer Durables	0.50%	0.02%	0.02%
International Gemmological Inst.(I) Ltd. Commercial Services & Supplies	0.33%	0.02%	0.02%
Leela Palaces Hotels & Resorts Ltd. Leisure Services	0.22%	0.02%	0.02%
Campus Activewear Ltd. Consumer Durables	0.24%	0.01%	0.01%

Unique to Mirae Asset Balanced Advantage

All top holdings are shared with the other fund.

Unique to SBI Nifty 500 Index

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

15.2% (11)

IT - Software

3.6% (6)

Automobiles

3.2% (4)

Telecom - Services

3.0% (2)

Petroleum Products

2.6% (2)

Pharmaceuticals & Biotechnology

2.5% (11)

Construction

1.9% (1)

Finance

1.8% (4)

Ferrous Metals

1.7% (3)

Retailing

1.6% (5)

Power

1.1% (3)

Diversified FMCG

1.1% (2)

Capital Markets

1.1% (4)

Consumer Durables

0.8% (5)

Insurance

0.8% (4)

Non - Ferrous Metals

0.7% (2)

Cement & Cement Products

0.7% (4)

Diversified Metals

0.6% (1)

Transport Services

0.6% (2)

Transport Infrastructure

0.6% (1)

Oil

0.6% (1)

Aerospace & Defense

0.6% (1)

Consumable Fuels

0.5% (1)

Beverages

0.4% (2)

Personal Products

0.4% (2)

Electrical Equipment

0.4% (2)

Auto Components

0.3% (3)

Realty

0.3% (2)

Chemicals & Petrochemicals

0.1% (2)

Healthcare Services

0.1% (1)

Leisure Services

0.1% (2)

Gas

0.1% (2)

IT - Services

0.0% (1)

Commercial Services & Supplies

0.0% (1)

More comparisons for Mirae Asset Balanced Advantage

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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

More comparisons for SBI Nifty 500 Index

vs Motilal Oswal Nifty 500 ETF99.8% · 500 stocks
vs Motilal Oswal Nifty 500 Index99.8% · 500 stocks
vs Axis Nifty 500 Index99.3% · 500 stocks
vs HDFC BSE 500 INDEX98.3% · 477 stocks
vs ICICI Prudential BSE 500 ETF98.3% · 477 stocks

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