Mirae Asset Equity Savings Fund vs Parag Parikh Large Cap Fund

Mirae vs PPFAS· Portfolio Overlap Analysis

46.7%High Overlap
63 common stocksRank #13703 / 20,000

Investor takeaway: At 46.7% 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 (63)

StockWt% in Mirae Asset Equity SavingsWt% in Parag Parikh Large CapOverlap
HDFC Bank Ltd.
Banks
4.79%9.77%4.79%
ICICI Bank Ltd.
Banks
2.82%7.17%2.82%
State Bank of India
Banks
2.41%3.61%2.41%
Bharti Airtel Ltd.
Telecom - Services
2.16%3.79%2.16%
Axis Bank Ltd.
Banks
1.91%2.91%1.91%
Reliance Industries Ltd.
Petroleum Products
1.90%6.82%1.90%
Larsen & Toubro Ltd.
Construction
1.88%3.64%1.88%
Infosys Ltd.
IT - Software
1.58%3.30%1.58%
Mahindra & Mahindra Ltd.
Automobiles
1.44%2.20%1.44%
Tata Steel Ltd.
Ferrous Metals
1.48%1.27%1.27%
Kotak Mahindra Bank Ltd.
Banks
1.19%2.25%1.19%
Tata Consultancy Services Ltd.
IT - Software
1.17%1.95%1.17%
NTPC Ltd.
Power
1.17%1.31%1.17%
Eternal Ltd.
Retailing
1.06%1.28%1.06%
Maruti Suzuki India Ltd.
Automobiles
0.91%1.41%0.91%
Bajaj Finance Ltd.
Finance
0.91%1.92%0.91%
Vedanta Ltd.
Diversified Metals
1.19%0.88%0.88%
Titan Company Ltd.
Consumer Durables
0.87%1.29%0.87%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.86%1.33%0.86%
ITC Ltd.
Diversified FMCG
0.83%2.19%0.83%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
0.95%0.81%0.81%
Shriram Finance Ltd.
Finance
0.77%1.10%0.77%
SBI Life Insurance Co. Ltd.
Insurance
1.12%0.66%0.66%
HDFC Life Insurance Company Ltd.
Insurance
0.62%0.56%0.56%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.55%0.97%0.55%
Hindustan Aeronautics Ltd.
Aerospace & Defense
0.67%0.54%0.54%
TVS Motor Company Ltd.
Automobiles
0.52%0.66%0.52%
Eicher Motors Ltd.
Automobiles
0.52%0.80%0.52%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.50%0.58%0.50%
Tata Power Company Ltd.
Power
0.79%0.46%0.46%
Oil & Natural Gas Corporation Ltd.
Oil
0.46%0.79%0.46%
Varun Beverages Ltd.
Beverages
0.60%0.45%0.45%
Bank of Baroda
Banks
0.51%0.43%0.43%
Jio Financial Services Ltd.
Finance
0.43%0.61%0.43%
Avenue Supermarts Ltd.
Retailing
0.46%0.41%0.41%
Interglobe Aviation Ltd.
Transport Services
0.37%0.79%0.37%
Bharat Electronics Ltd.
Aerospace & Defense
0.37%1.15%0.37%
Trent Ltd.
Retailing
0.36%0.63%0.36%
Coal India Ltd.
Consumable Fuels
0.35%0.71%0.35%
Godrej Consumer Products Ltd.
Personal Products
0.35%0.35%0.35%
Tech Mahindra Ltd.
IT - Software
0.35%0.62%0.35%
Cipla Ltd.
Pharmaceuticals & Biotechnology
0.35%0.55%0.35%
Jindal Steel Ltd.
Ferrous Metals
0.49%0.34%0.34%
Ultratech Cement Ltd.
Cement & Cement Products
0.33%1.09%0.33%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.32%0.59%0.32%
DLF Ltd.
Realty
0.52%0.28%0.28%
Power Finance Corporation Ltd.
Finance
0.28%0.44%0.28%
JSW Steel Ltd.
Ferrous Metals
0.26%0.86%0.26%
GAIL (India) Ltd.
Gas
0.25%0.33%0.25%
Bajaj Finserv Ltd.
Finance
0.25%0.83%0.25%
ABB India Ltd.
Electrical Equipment
0.63%0.23%0.23%
Nestle India Ltd.
Food Products
0.23%0.67%0.23%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.22%0.54%0.22%
JSW Energy Ltd.
Power
0.65%0.19%0.19%
Zydus Lifesciences Ltd.
Pharmaceuticals & Biotechnology
0.17%0.17%0.17%
LTIMindtree Ltd.
IT - Software
0.16%0.30%0.16%
Asian Paints Ltd.
Consumer Durables
0.13%0.78%0.13%
Hindustan Unilever Ltd.
Diversified FMCG
0.12%1.50%0.12%
Indian Oil Corporation Ltd.
Petroleum Products
0.10%0.51%0.10%
Ambuja Cements Ltd.
Cement & Cement Products
0.86%0.09%0.09%
Punjab National Bank
Banks
0.09%0.32%0.09%
United Spirits Ltd.
Beverages
0.08%0.30%0.08%
Max Healthcare Institute Ltd.
Healthcare Services
0.01%0.59%0.01%

Unique to Mirae Asset Equity Savings

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
13.6% (7)
Automobiles
3.9% (5)
IT - Software
3.3% (4)
Finance
2.6% (5)
Petroleum Products
2.2% (3)
Telecom - Services
2.2% (1)
Construction
1.9% (1)
Ferrous Metals
1.9% (3)
Retailing
1.8% (3)
Power
1.8% (3)
Pharmaceuticals & Biotechnology
1.7% (4)
Insurance
1.2% (2)
Consumer Durables
1.0% (2)
Diversified FMCG
0.9% (2)
Aerospace & Defense
0.9% (2)
Diversified Metals
0.9% (1)
Transport Infrastructure
0.8% (1)
Non - Ferrous Metals
0.6% (1)
Beverages
0.5% (2)
Oil
0.5% (1)
Cement & Cement Products
0.4% (2)
Transport Services
0.4% (1)
Consumable Fuels
0.3% (1)
Personal Products
0.3% (1)
Realty
0.3% (1)
Gas
0.3% (1)
Electrical Equipment
0.2% (1)
Food Products
0.2% (1)
Healthcare Services
0.0% (1)

More comparisons for Mirae Asset Equity Savings

More comparisons for Parag Parikh Large Cap

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