Mirae Asset Banking and Financial Services Fund vs TATA BANKING & FINANCIAL SERVICES FUND

Mirae vs Tata· Portfolio Overlap Analysis

62.8%High Overlap
13 common stocksRank #4561 / 5,000

Investor takeaway: These funds overlap 62.8%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (13)

StockWt% in Mirae Asset Banking and FinancWt% in TATA BANKING & FINANCIAL SERVIOverlap
HDFC Bank Ltd.
Banks
16.50%16.33%16.33%
ICICI Bank Ltd.
Banks
13.75%13.76%13.75%
State Bank of India
Banks
10.43%10.43%10.43%
Axis Bank Ltd.
Banks
8.38%9.21%8.38%
SBI Life Insurance Co. Ltd.
Insurance
3.37%3.64%3.37%
Shriram Finance Ltd.
Finance
2.23%4.49%2.23%
Canara HSBC Life Insurance Co.Ltd.
Insurance
1.99%2.50%1.99%
DCB Bank Ltd.
Banks
1.54%1.64%1.54%
Multi Commodity Exchange of India Ltd.
Capital Markets
1.50%1.28%1.28%
Power Finance Corporation Ltd.
Finance
1.28%1.56%1.28%
Bank of Baroda
Banks
1.21%3.61%1.21%
IndusInd Bank Ltd.
Banks
0.81%2.16%0.81%
PB Fintech Ltd.
Financial Technology (Fintech)
0.23%1.13%0.23%

Unique to Mirae Asset Banking and Financ

  • Kotak Mahindra Bank Ltd.3.96%
  • Bajaj Finance Ltd.3.36%
  • Karur Vysya Bank Ltd.2.86%
  • The Federal Bank Ltd.2.80%
  • Aditya Birla Capital Ltd.2.57%

Unique to TATA BANKING & FINANCIAL SERVI

  • BAJAJ FINSERV LTD.3.12%
  • ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD.2.38%

Sector Overlap Breakdown

Banks
52.5% (7)
Insurance
5.4% (2)
Finance
3.5% (2)
Capital Markets
1.3% (1)
Financial Technology (Fintech)
0.2% (1)

More comparisons for Mirae Asset Banking and Financ

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