Mirae Asset Large Cap Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME
Mirae vs Nippon· Portfolio Overlap Analysis
51.6%High Overlap
28 common stocksRank #8553 / 20,000
Investor takeaway: At 51.6% 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 (28)
| Stock | Wt% in Mirae Asset Large Cap | Wt% in NIPPON INDIA RETIREMENT FUND - | Overlap |
|---|---|---|---|
ICICI Bank Ltd. Banks | 8.49% | 7.59% | 7.59% |
HDFC Bank Ltd. Banks | 9.54% | 7.08% | 7.08% |
Reliance Industries Ltd. Petroleum Products | 4.99% | 4.56% | 4.56% |
State Bank of India Banks | 3.66% | 3.99% | 3.66% |
Larsen & Toubro Ltd. Construction | 3.99% | 3.62% | 3.62% |
Axis Bank Ltd. Banks | 3.62% | 3.20% | 3.20% |
Infosys Ltd. IT - Software | 4.28% | 2.86% | 2.86% |
Bharti Airtel Ltd. Telecom - Services | 4.55% | 2.69% | 2.69% |
Mahindra & Mahindra Ltd. Automobiles | 2.05% | 2.54% | 2.05% |
NTPC Ltd. Power | 1.45% | 2.93% | 1.45% |
Eternal Ltd. Retailing | 2.47% | 1.34% | 1.34% |
Varun Beverages Ltd. Beverages | 1.37% | 1.15% | 1.15% |
SBI Life Insurance Co. Ltd. Insurance | 1.02% | 1.95% | 1.02% |
Titan Company Ltd. Consumer Durables | 0.99% | 1.38% | 0.99% |
JSW Energy Ltd. Power | 0.96% | 1.40% | 0.96% |
Apollo Hospitals Enterprise Ltd. Healthcare Services | 1.45% | 0.87% | 0.87% |
Bajaj Finance Ltd. Finance | 0.84% | 2.86% | 0.84% |
Britannia Industries Ltd. Food Products | 1.16% | 0.77% | 0.77% |
Shriram Finance Ltd. Finance | 0.77% | 0.78% | 0.77% |
Vedanta Ltd. Diversified Metals | 0.66% | 1.57% | 0.66% |
Gland Pharma Ltd. Pharmaceuticals & Biotechnology | 0.91% | 0.64% | 0.64% |
Power Finance Corporation Ltd. Finance | 0.62% | 1.32% | 0.62% |
The Indian Hotels Company Ltd. Leisure Services | 0.77% | 0.57% | 0.57% |
Swiggy Ltd. Retailing | 0.59% | 0.50% | 0.50% |
Interglobe Aviation Ltd. Transport Services | 0.50% | 1.54% | 0.50% |
Crompton Greaves Consumer Electricals Ltd. Consumer Durables | 0.40% | 1.15% | 0.40% |
Ultratech Cement Ltd. Cement & Cement Products | 0.26% | 1.62% | 0.26% |
L&T Finance Ltd. Finance | 0.00% | 1.00% | 0.00% |
Unique to Mirae Asset Large Cap
- ITC Ltd.3.12%
- Tata Consultancy Services Ltd.2.94%
Unique to NIPPON INDIA RETIREMENT FUND -
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks21.5% (4)
Petroleum Products4.6% (1)
Construction3.6% (1)
IT - Software2.9% (1)
Telecom - Services2.7% (1)
Power2.4% (2)
Finance2.2% (4)
Automobiles2.0% (1)
Retailing1.8% (2)
Consumer Durables1.4% (2)
Beverages1.1% (1)
Insurance1.0% (1)
Healthcare Services0.9% (1)
Food Products0.8% (1)
Diversified Metals0.7% (1)
Pharmaceuticals & Biotechnology0.6% (1)
Leisure Services0.6% (1)
Transport Services0.5% (1)
Cement & Cement Products0.3% (1)
More comparisons for Mirae Asset Large Cap
- vs HDFC NIFTY 50 ETF68.5% · 33 stocks
- vs HDFC Nifty 50 Index68.5% · 33 stocks
- vs ICICI Prudential Nifty 50 ETF68.5% · 33 stocks
- vs Mirae Asset Nifty 50 ETF68.5% · 33 stocks
- vs SBI Nifty Index68.5% · 33 stocks
More comparisons for NIPPON INDIA RETIREMENT FUND -
- vs CANARA ROBECO LARGE CAP62.5% · 35 stocks
- vs ADITYA BIRLA SUN LIFE LARGE CA59.5% · 36 stocks
- vs CANARA ROBECO FLEXICAP58.5% · 36 stocks
- vs Kotak Large Cap57.6% · 25 stocks
- vs Nippon India Flexi Cap57.1% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.