Mirae Asset Multi Asset Allocation Fund vs SBI Nifty 500 Index Fund

Mirae vs SBI· Portfolio Overlap Analysis

48.2%High Overlap
119 common stocksRank #11994 / 20,000

Investor takeaway: At 48.2% 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 (119)

StockWt% in Mirae Asset Multi Asset AllocaWt% in SBI Nifty 500 IndexOverlap
HDFC Bank Ltd.
Banks
5.65%6.96%5.65%
ICICI Bank Ltd.
Banks
3.14%5.05%3.14%
Bharti Airtel Ltd.
Telecom - Services
2.75%2.68%2.68%
State Bank of India
Banks
2.80%2.56%2.56%
Reliance Industries Ltd.
Petroleum Products
1.99%4.82%1.99%
Axis Bank Ltd.
Banks
1.82%2.03%1.82%
Larsen & Toubro Ltd.
Construction
1.80%2.58%1.80%
Infosys Ltd.
IT - Software
1.64%2.33%1.64%
Mahindra & Mahindra Ltd.
Automobiles
1.34%1.55%1.34%
ITC Ltd.
Diversified FMCG
1.10%1.55%1.10%
NTPC Ltd.
Power
1.33%0.93%0.93%
Eternal Ltd.
Retailing
1.38%0.91%0.91%
Titan Company Ltd.
Consumer Durables
0.88%0.92%0.88%
Tata Consultancy Services Ltd.
IT - Software
0.88%1.38%0.88%
Bajaj Finance Ltd.
Finance
0.84%1.36%0.84%
Shriram Finance Ltd.
Finance
1.12%0.77%0.77%
Tata Steel Ltd.
Ferrous Metals
0.72%0.90%0.72%
Bharat Electronics Ltd.
Aerospace & Defense
0.71%0.82%0.71%
Kotak Mahindra Bank Ltd.
Banks
0.65%1.56%0.65%
Vedanta Ltd.
Diversified Metals
1.20%0.62%0.62%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.61%0.69%0.61%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
0.68%0.58%0.58%
Interglobe Aviation Ltd.
Transport Services
0.99%0.56%0.56%
Ultratech Cement Ltd.
Cement & Cement Products
0.50%0.77%0.50%
SBI Life Insurance Co. Ltd.
Insurance
0.88%0.47%0.47%
TVS Motor Company Ltd.
Automobiles
0.67%0.47%0.47%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.54%0.41%0.41%
Maruti Suzuki India Ltd.
Automobiles
0.41%1.00%0.41%
Oil & Natural Gas Corporation Ltd.
Oil
0.39%0.56%0.39%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.46%0.38%0.38%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.36%0.42%0.36%
Nestle India Ltd.
Food Products
0.33%0.47%0.33%
Multi Commodity Exchange of India Ltd.
Capital Markets
0.91%0.32%0.32%
IndusInd Bank Ltd.
Banks
0.72%0.32%0.32%
Varun Beverages Ltd.
Beverages
0.69%0.32%0.32%
Indus Towers Ltd.
Telecom - Services
0.88%0.30%0.30%
The Indian Hotels Company Ltd.
Leisure Services
0.38%0.30%0.30%
Avenue Supermarts Ltd.
Retailing
0.59%0.29%0.29%
HDFC Asset Management Co. Ltd.
Capital Markets
0.34%0.28%0.28%
Power Finance Corporation Ltd.
Finance
0.28%0.31%0.28%
Britannia Industries Ltd.
Food Products
0.28%0.36%0.28%
Canara Bank
Banks
0.31%0.27%0.27%
Tech Mahindra Ltd.
IT - Software
0.27%0.44%0.27%
Godrej Consumer Products Ltd.
Personal Products
0.46%0.25%0.25%
Bajaj Finserv Ltd.
Finance
0.24%0.58%0.24%
Grasim Industries Ltd.
Cement & Cement Products
0.24%0.55%0.24%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.24%0.94%0.24%
Bank of Baroda
Banks
0.22%0.31%0.22%
The Federal Bank Ltd.
Banks
0.22%0.38%0.22%
BSE Ltd.
Capital Markets
0.22%0.57%0.22%
Laurus Labs Ltd.
Pharmaceuticals & Biotechnology
0.64%0.21%0.21%
LTIMindtree Ltd.
IT - Software
0.21%0.21%0.21%
Bharat Heavy Electricals Ltd.
Electrical Equipment
0.28%0.20%0.20%
Hindustan Aeronautics Ltd.
Aerospace & Defense
0.20%0.38%0.20%
Swiggy Ltd.
Retailing
0.19%0.21%0.19%
UPL Ltd.
Fertilizers & Agrochemicals
0.25%0.18%0.18%
Adani Energy Solutions Ltd.
Power
0.18%0.18%0.18%
Power Grid Corporation of India Ltd.
Power
0.18%0.69%0.18%
Aurobindo Pharma Ltd.
Pharmaceuticals & Biotechnology
0.24%0.17%0.17%
Coal India Ltd.
Consumable Fuels
0.17%0.50%0.17%
IDFC First Bank Ltd.
Banks
0.17%0.25%0.17%
Ambuja Cements Ltd.
Cement & Cement Products
0.75%0.16%0.16%
Glenmark Pharmaceuticals Ltd.
Pharmaceuticals & Biotechnology
0.50%0.16%0.16%
ABB India Ltd.
Electrical Equipment
0.45%0.16%0.16%
AU Small Finance Bank Ltd.
Banks
0.16%0.28%0.16%
Biocon Ltd.
Pharmaceuticals & Biotechnology
0.24%0.14%0.14%
JSW Energy Ltd.
Power
0.96%0.13%0.13%
Vishal Mega Mart Ltd.
Retailing
0.56%0.13%0.13%
Mphasis Ltd.
IT - Software
0.26%0.13%0.13%
Adani Green Energy Ltd.
Power
0.13%0.15%0.13%
Hindustan Unilever Ltd.
Diversified FMCG
0.13%1.06%0.13%
Sona Blw Precision Forgings Ltd.
Auto Components
0.34%0.12%0.12%
Tube Investments of India Ltd.
Auto Components
0.12%0.15%0.12%
Coforge Ltd.
IT - Software
0.11%0.20%0.11%
Trent Ltd.
Retailing
0.11%0.44%0.11%
RBL Bank Ltd.
Banks
0.13%0.10%0.10%
DLF Ltd.
Realty
0.10%0.20%0.10%
Jio Financial Services Ltd.
Finance
0.10%0.43%0.10%
Krishna Institute of Medical Sciences Ltd.
Healthcare Services
0.60%0.09%0.09%
Schaeffler India Ltd.
Auto Components
0.53%0.09%0.09%
JB Chemicals & Pharmaceuticals Ltd.
Pharmaceuticals & Biotechnology
0.46%0.09%0.09%
Container Corporation of India Ltd.
Transport Services
0.12%0.09%0.09%
Crompton Greaves Consumer Electricals Ltd.
Consumer Durables
0.32%0.08%0.08%
LIC Housing Finance Ltd.
Finance
0.13%0.08%0.08%
Punjab National Bank
Banks
0.08%0.23%0.08%
Kfin Technologies Ltd.
Capital Markets
0.65%0.07%0.07%
Sai Life Sciences Ltd.
Pharmaceuticals & Biotechnology
0.33%0.07%0.07%
Gland Pharma Ltd.
Pharmaceuticals & Biotechnology
0.26%0.07%0.07%
Deepak Nitrite Ltd.
Chemicals & Petrochemicals
0.22%0.06%0.06%
General Insurance Corporation of India
Insurance
0.16%0.06%0.06%
Eicher Motors Ltd.
Automobiles
0.06%0.57%0.06%
Pidilite Industries Ltd.
Chemicals & Petrochemicals
0.06%0.24%0.06%
Hero MotoCorp Ltd.
Automobiles
0.06%0.38%0.06%
Brigade Enterprises Ltd.
Realty
0.41%0.05%0.05%
Craftsman Automation Ltd.
Auto Components
0.34%0.05%0.05%
Atul Ltd.
Chemicals & Petrochemicals
0.31%0.05%0.05%
PG Electroplast Ltd.
Consumer Durables
0.06%0.05%0.05%
Dalmia Bharat Ltd.
Cement & Cement Products
0.05%0.08%0.05%
Suzlon Energy Ltd.
Electrical Equipment
0.05%0.27%0.05%
Onesource Specialty Pharma Ltd.
Pharmaceuticals & Biotechnology
0.42%0.04%0.04%
Mahanagar Gas Ltd.
Gas
0.18%0.04%0.04%
GO Digit General Insurance Ltd.
Insurance
0.17%0.04%0.04%
Gujarat State Petronet Ltd.
Gas
0.07%0.04%0.04%
United Spirits Ltd.
Beverages
0.04%0.21%0.04%
Tata Power Company Ltd.
Power
0.04%0.32%0.04%
Dabur India Ltd.
Personal Products
0.04%0.16%0.04%
PNB Housing Finance Ltd.
Finance
0.04%0.08%0.04%
Housing and Urban Development Corporation Ltd.
Finance
0.04%0.05%0.04%
Max Healthcare Institute Ltd.
Healthcare Services
0.04%0.42%0.04%
Sagility Ltd.
IT - Services
0.50%0.03%0.03%
Zensar Technologies Ltd.
IT - Software
0.16%0.03%0.03%
Century Plyboards (India) Ltd.
Consumer Durables
0.57%0.02%0.02%
International Gemmological Inst.(I) Ltd.
Commercial Services & Supplies
0.28%0.02%0.02%
Leela Palaces Hotels & Resorts Ltd.
Leisure Services
0.26%0.02%0.02%
National Aluminium Company Ltd.
Non - Ferrous Metals
0.02%0.16%0.02%
Campus Activewear Ltd.
Consumer Durables
0.23%0.01%0.01%
Asian Paints Ltd.
Consumer Durables
0.01%0.55%0.01%
Siemens Ltd.
Electrical Equipment
0.01%0.15%0.01%
HCL Technologies Ltd.
IT - Software
0.00%0.75%0.00%

Unique to Mirae Asset Multi Asset Alloca

All top holdings are shared with the other fund.

Unique to SBI Nifty 500 Index

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
15.4% (13)
IT - Software
3.3% (8)
Telecom - Services
3.0% (2)
Automobiles
2.8% (6)
Finance
2.4% (8)
Petroleum Products
2.4% (2)
Construction
1.8% (1)
Retailing
1.6% (5)
Power
1.6% (6)
Pharmaceuticals & Biotechnology
1.6% (10)
Diversified FMCG
1.2% (2)
Consumer Durables
1.1% (6)
Cement & Cement Products
0.9% (4)
Aerospace & Defense
0.9% (2)
Capital Markets
0.9% (4)
Ferrous Metals
0.7% (1)
Transport Services
0.7% (2)
Non - Ferrous Metals
0.6% (2)
Diversified Metals
0.6% (1)
Food Products
0.6% (2)
Transport Infrastructure
0.6% (1)
Insurance
0.6% (3)
Electrical Equipment
0.4% (4)
Oil
0.4% (1)
Auto Components
0.4% (4)
Beverages
0.4% (2)
Leisure Services
0.3% (2)
Personal Products
0.3% (2)
Fertilizers & Agrochemicals
0.2% (1)
Consumable Fuels
0.2% (1)
Chemicals & Petrochemicals
0.2% (3)
Realty
0.1% (2)
Healthcare Services
0.1% (2)
Gas
0.1% (2)
IT - Services
0.0% (1)
Commercial Services & Supplies
0.0% (1)

More comparisons for Mirae Asset Multi Asset Alloca

More comparisons for SBI Nifty 500 Index

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