Mirae Asset Flexi Cap Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Mirae vs Nippon· Portfolio Overlap Analysis

50.8%High Overlap
32 common stocksRank #9300 / 20,000

Investor takeaway: At 50.8% 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 (32)

StockWt% in Mirae Asset Flexi CapWt% in NIPPON INDIA RETIREMENT FUND -Overlap
HDFC Bank Ltd.
Banks
6.63%7.08%6.63%
ICICI Bank Ltd.
Banks
4.82%7.59%4.82%
Reliance Industries Ltd.
Petroleum Products
4.26%4.56%4.26%
State Bank of India
Banks
3.74%3.99%3.74%
Bharti Airtel Ltd.
Telecom - Services
2.57%2.69%2.57%
Larsen & Toubro Ltd.
Construction
2.42%3.62%2.42%
Infosys Ltd.
IT - Software
2.32%2.86%2.32%
Axis Bank Ltd.
Banks
1.99%3.20%1.99%
Mahindra & Mahindra Ltd.
Automobiles
1.71%2.54%1.71%
Cummins India Ltd.
Industrial Products
1.37%1.56%1.37%
Ultratech Cement Ltd.
Cement & Cement Products
1.35%1.62%1.35%
Lupin Ltd.
Pharmaceuticals & Biotechnology
1.56%1.32%1.32%
Vedanta Ltd.
Diversified Metals
1.20%1.57%1.20%
SBI Life Insurance Co. Ltd.
Insurance
1.20%1.95%1.20%
Titan Company Ltd.
Consumer Durables
1.16%1.38%1.16%
Hindustan Aeronautics Ltd.
Aerospace & Defense
1.05%1.69%1.05%
JSW Energy Ltd.
Power
1.04%1.40%1.04%
Bharat Petroleum Corporation Ltd.
Petroleum Products
1.02%1.23%1.02%
L&T Finance Ltd.
Finance
1.79%1.00%1.00%
Tech Mahindra Ltd.
IT - Software
0.94%1.84%0.94%
Bajaj Finance Ltd.
Finance
0.92%2.86%0.92%
NTPC Ltd.
Power
0.89%2.93%0.89%
TVS Motor Company Ltd.
Automobiles
1.44%0.86%0.86%
Eternal Ltd.
Retailing
0.79%1.34%0.79%
Britannia Industries Ltd.
Food Products
1.05%0.77%0.77%
Shriram Finance Ltd.
Finance
0.72%0.78%0.72%
SRF Ltd.
Chemicals & Petrochemicals
0.98%0.61%0.61%
The Indian Hotels Company Ltd.
Leisure Services
0.78%0.57%0.57%
Mankind Pharma Ltd.
Pharmaceuticals & Biotechnology
1.23%0.53%0.53%
Interglobe Aviation Ltd.
Transport Services
0.51%1.54%0.51%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.46%0.44%0.44%
PB Fintech Ltd.
Financial Technology (Fintech)
0.05%0.76%0.05%

Unique to Mirae Asset Flexi Cap

All top holdings are shared with the other fund.

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
17.2% (4)
Petroleum Products
5.3% (2)
IT - Software
3.3% (2)
Finance
2.6% (3)
Telecom - Services
2.6% (1)
Automobiles
2.6% (2)
Construction
2.4% (1)
Power
1.9% (2)
Pharmaceuticals & Biotechnology
1.9% (2)
Industrial Products
1.4% (1)
Cement & Cement Products
1.4% (1)
Diversified Metals
1.2% (1)
Insurance
1.2% (1)
Consumer Durables
1.2% (1)
Aerospace & Defense
1.1% (1)
Retailing
0.8% (1)
Food Products
0.8% (1)
Chemicals & Petrochemicals
0.6% (1)
Leisure Services
0.6% (1)
Transport Services
0.5% (1)
Non - Ferrous Metals
0.4% (1)
Financial Technology (Fintech)
0.1% (1)

More comparisons for Mirae Asset Flexi Cap

More comparisons for NIPPON INDIA RETIREMENT FUND -

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