Mirae Asset Multi Asset Allocation Fund vs Parag Parikh Large Cap Fund

Mirae vs PPFAS· Portfolio Overlap Analysis

45.7%High Overlap
66 common stocksRank #15025 / 20,000

Investor takeaway: At 45.7% 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 (66)

StockWt% in Mirae Asset Multi Asset AllocaWt% in Parag Parikh Large CapOverlap
HDFC Bank Ltd.
Banks
5.65%9.77%5.65%
ICICI Bank Ltd.
Banks
3.14%7.17%3.14%
State Bank of India
Banks
2.80%3.61%2.80%
Bharti Airtel Ltd.
Telecom - Services
2.75%3.79%2.75%
Reliance Industries Ltd.
Petroleum Products
1.99%6.82%1.99%
Axis Bank Ltd.
Banks
1.82%2.91%1.82%
Larsen & Toubro Ltd.
Construction
1.80%3.64%1.80%
Infosys Ltd.
IT - Software
1.64%3.30%1.64%
Mahindra & Mahindra Ltd.
Automobiles
1.34%2.20%1.34%
NTPC Ltd.
Power
1.33%1.31%1.31%
Eternal Ltd.
Retailing
1.38%1.28%1.28%
Shriram Finance Ltd.
Finance
1.12%1.10%1.10%
ITC Ltd.
Diversified FMCG
1.10%2.19%1.10%
Vedanta Ltd.
Diversified Metals
1.20%0.88%0.88%
Titan Company Ltd.
Consumer Durables
0.88%1.29%0.88%
Tata Consultancy Services Ltd.
IT - Software
0.88%1.95%0.88%
Bajaj Finance Ltd.
Finance
0.84%1.92%0.84%
Interglobe Aviation Ltd.
Transport Services
0.99%0.79%0.79%
Tata Steel Ltd.
Ferrous Metals
0.72%1.27%0.72%
Bharat Electronics Ltd.
Aerospace & Defense
0.71%1.15%0.71%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
0.68%0.81%0.68%
SBI Life Insurance Co. Ltd.
Insurance
0.88%0.66%0.66%
TVS Motor Company Ltd.
Automobiles
0.67%0.66%0.66%
Kotak Mahindra Bank Ltd.
Banks
0.65%2.25%0.65%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.61%0.97%0.61%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.54%0.58%0.54%
Ultratech Cement Ltd.
Cement & Cement Products
0.50%1.09%0.50%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.46%0.54%0.46%
Varun Beverages Ltd.
Beverages
0.69%0.45%0.45%
Avenue Supermarts Ltd.
Retailing
0.59%0.41%0.41%
Maruti Suzuki India Ltd.
Automobiles
0.41%1.41%0.41%
Oil & Natural Gas Corporation Ltd.
Oil
0.39%0.79%0.39%
The Indian Hotels Company Ltd.
Leisure Services
0.38%0.42%0.38%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.36%0.59%0.36%
Godrej Consumer Products Ltd.
Personal Products
0.46%0.35%0.35%
Nestle India Ltd.
Food Products
0.33%0.67%0.33%
Canara Bank
Banks
0.31%0.38%0.31%
Power Finance Corporation Ltd.
Finance
0.28%0.44%0.28%
Britannia Industries Ltd.
Food Products
0.28%0.51%0.28%
Tech Mahindra Ltd.
IT - Software
0.27%0.62%0.27%
Bajaj Finserv Ltd.
Finance
0.24%0.83%0.24%
Grasim Industries Ltd.
Cement & Cement Products
0.24%0.78%0.24%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.24%1.33%0.24%
ABB India Ltd.
Electrical Equipment
0.45%0.23%0.23%
Bank of Baroda
Banks
0.22%0.43%0.22%
LTIMindtree Ltd.
IT - Software
0.21%0.30%0.21%
Hindustan Aeronautics Ltd.
Aerospace & Defense
0.20%0.54%0.20%
JSW Energy Ltd.
Power
0.96%0.19%0.19%
Adani Energy Solutions Ltd.
Power
0.18%0.25%0.18%
Power Grid Corporation of India Ltd.
Power
0.18%0.98%0.18%
Coal India Ltd.
Consumable Fuels
0.17%0.71%0.17%
Adani Green Energy Ltd.
Power
0.13%0.21%0.13%
Hindustan Unilever Ltd.
Diversified FMCG
0.13%1.50%0.13%
Trent Ltd.
Retailing
0.11%0.63%0.11%
DLF Ltd.
Realty
0.10%0.28%0.10%
Jio Financial Services Ltd.
Finance
0.10%0.61%0.10%
Ambuja Cements Ltd.
Cement & Cement Products
0.75%0.09%0.09%
Punjab National Bank
Banks
0.08%0.32%0.08%
Eicher Motors Ltd.
Automobiles
0.06%0.80%0.06%
Pidilite Industries Ltd.
Chemicals & Petrochemicals
0.06%0.34%0.06%
United Spirits Ltd.
Beverages
0.04%0.30%0.04%
Tata Power Company Ltd.
Power
0.04%0.46%0.04%
Max Healthcare Institute Ltd.
Healthcare Services
0.04%0.59%0.04%
Asian Paints Ltd.
Consumer Durables
0.01%0.78%0.01%
Siemens Ltd.
Electrical Equipment
0.01%0.22%0.01%
HCL Technologies Ltd.
IT - Software
0.00%1.06%0.00%

Unique to Mirae Asset Multi Asset Alloca

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
14.7% (8)
Automobiles
3.0% (5)
IT - Software
3.0% (5)
Telecom - Services
2.8% (1)
Finance
2.6% (5)
Petroleum Products
2.5% (2)
Power
2.0% (6)
Construction
1.8% (1)
Retailing
1.8% (3)
Diversified FMCG
1.2% (2)
Aerospace & Defense
0.9% (2)
Consumer Durables
0.9% (2)
Diversified Metals
0.9% (1)
Cement & Cement Products
0.8% (3)
Transport Services
0.8% (1)
Ferrous Metals
0.7% (1)
Transport Infrastructure
0.7% (1)
Insurance
0.7% (1)
Non - Ferrous Metals
0.6% (1)
Food Products
0.6% (2)
Pharmaceuticals & Biotechnology
0.6% (2)
Beverages
0.5% (2)
Oil
0.4% (1)
Leisure Services
0.4% (1)
Personal Products
0.3% (1)
Electrical Equipment
0.2% (2)
Consumable Fuels
0.2% (1)
Realty
0.1% (1)
Chemicals & Petrochemicals
0.1% (1)
Healthcare Services
0.0% (1)

More comparisons for Mirae Asset Multi Asset Alloca

More comparisons for Parag Parikh Large Cap

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