Mirae Asset ELSS Tax Saver Fund vs Mirae Asset Multicap Fund

Mirae vs Mirae· Portfolio Overlap Analysis

56.6%High Overlap
39 common stocksRank #6158 / 20,000

Investor takeaway: At 56.6% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (39)

StockWt% in Mirae Asset ELSS Tax SaverWt% in Mirae Asset MulticapOverlap
HDFC Bank Ltd.
Banks
9.71%5.28%5.28%
ICICI Bank Ltd.
Banks
5.09%4.06%4.06%
Axis Bank Ltd.
Banks
3.97%3.87%3.87%
Delhivery Ltd.
Transport Services
2.79%3.07%2.79%
Larsen & Toubro Ltd.
Construction
2.63%2.66%2.63%
IndusInd Bank Ltd.
Banks
2.77%2.62%2.62%
Tata Consultancy Services Ltd.
IT - Software
2.80%2.21%2.21%
Reliance Industries Ltd.
Petroleum Products
3.04%1.91%1.91%
Bharat Forge Ltd.
Auto Components
1.83%1.85%1.83%
State Bank of India
Banks
4.38%1.76%1.76%
Tata Communications Ltd.
Telecom - Services
1.76%1.85%1.76%
Gland Pharma Ltd.
Pharmaceuticals & Biotechnology
1.66%1.83%1.66%
Bharti Airtel Ltd.
Telecom - Services
2.20%1.53%1.53%
GO Digit General Insurance Ltd.
Insurance
1.53%1.56%1.53%
CEAT Ltd.
Auto Components
1.53%2.02%1.53%
Interglobe Aviation Ltd.
Transport Services
1.71%1.45%1.45%
Prestige Estates Projects Ltd.
Realty
1.63%1.35%1.35%
Swiggy Ltd.
Retailing
1.35%2.21%1.35%
Tata Motors Passenger Vehicles Ltd.
Automobiles
1.81%1.22%1.22%
Canara HSBC Life Insurance Co.Ltd.
Insurance
1.20%1.46%1.20%
Tata Steel Ltd.
Ferrous Metals
1.13%1.66%1.13%
Bata India Ltd.
Consumer Durables
1.08%1.33%1.08%
SKF India (Industrial) Ltd.
Industrial Products
1.07%1.27%1.07%
ITC Ltd.
Diversified FMCG
2.69%1.06%1.06%
Tata Power Company Ltd.
Power
1.28%1.06%1.06%
SKF India Ltd.
Auto Components
1.05%1.03%1.03%
Apollo Hospitals Enterprise Ltd.
Healthcare Services
1.70%1.02%1.02%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
1.42%0.96%0.96%
Equitas Small Finance Bank Ltd.
Banks
1.03%0.81%0.81%
Kotak Mahindra Bank Ltd.
Banks
0.74%1.36%0.74%
United Spirits Ltd.
Beverages
0.70%1.19%0.70%
Vedanta Ltd.
Diversified Metals
0.69%0.43%0.43%
Gujarat Fluorochemicals Ltd.
Chemicals & Petrochemicals
0.41%0.65%0.41%
Capillary Technologies India Ltd.
IT - Software
0.66%0.39%0.39%
Syngene International Ltd.
Healthcare Services
0.38%0.79%0.38%
Multi Commodity Exchange of India Ltd.
Capital Markets
0.28%1.29%0.28%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.27%0.34%0.27%
Gujarat Gas Ltd.
Gas
0.23%1.10%0.23%
Bharat Electronics Ltd.
Aerospace & Defense
0.03%0.05%0.03%

Unique to Mirae Asset ELSS Tax Saver

  • Infosys Ltd.3.35%
  • Eternal Ltd.2.82%

Unique to Mirae Asset Multicap

  • Lupin Ltd.2.36%

Sector Overlap Breakdown

Banks
19.1% (7)
Auto Components
4.4% (3)
Transport Services
4.2% (2)
Telecom - Services
3.3% (2)
Pharmaceuticals & Biotechnology
2.9% (3)
Insurance
2.7% (2)
Construction
2.6% (1)
IT - Software
2.6% (2)
Petroleum Products
1.9% (1)
Healthcare Services
1.4% (2)
Realty
1.4% (1)
Retailing
1.4% (1)
Automobiles
1.2% (1)
Ferrous Metals
1.1% (1)
Consumer Durables
1.1% (1)
Industrial Products
1.1% (1)
Diversified FMCG
1.1% (1)
Power
1.1% (1)
Beverages
0.7% (1)
Diversified Metals
0.4% (1)
Chemicals & Petrochemicals
0.4% (1)
Capital Markets
0.3% (1)
Gas
0.2% (1)
Aerospace & Defense
0.0% (1)

More comparisons for Mirae Asset ELSS Tax Saver

More comparisons for Mirae Asset Multicap

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