Mirae Asset Nifty Financial Services ETF vs TATA NIFTY FINANCIAL SERVICES INDEX FUND
Mirae vs Tata· Portfolio Overlap Analysis
100.0%High Overlap
20 common stocksRank #34 / 5,000
Investor takeaway: These funds overlap 100.0%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (20)
| Stock | Wt% in Mirae Asset Nifty Financial Se | Wt% in TATA NIFTY FINANCIAL SERVICES | Overlap |
|---|---|---|---|
HDFC Bank Ltd. Banks | 16.73% | 16.76% | 16.73% |
ICICI Bank Ltd. Banks | 14.07% | 14.09% | 14.07% |
State Bank of India Banks | 12.24% | 12.26% | 12.24% |
Axis Bank Ltd. Banks | 10.98% | 10.99% | 10.98% |
Kotak Mahindra Bank Ltd. Banks | 9.23% | 9.24% | 9.23% |
Bajaj Finance Ltd. Finance | 7.99% | 8.00% | 7.99% |
Shriram Finance Ltd. Finance | 4.57% | 4.57% | 4.57% |
Bajaj Finserv Ltd. Finance | 3.44% | 3.45% | 3.44% |
BSE Ltd. Capital Markets | 3.34% | 3.35% | 3.34% |
SBI Life Insurance Co. Ltd. Insurance | 2.76% | 2.77% | 2.76% |
Jio Financial Services Ltd. Finance | 2.53% | 2.53% | 2.53% |
HDFC Life Insurance Company Ltd. Insurance | 2.32% | 2.33% | 2.32% |
Cholamandalam Investment & Finance Co. Ltd. Finance | 2.21% | 2.22% | 2.21% |
Power Finance Corporation Ltd. Finance | 1.82% | 1.82% | 1.82% |
ICICI Lombard General Insurance Company Ltd. Insurance | 1.39% | 1.39% | 1.39% |
REC Ltd. Finance | 1.30% | 1.30% | 1.30% |
Muthoot Finance Ltd. Finance | 1.09% | 1.09% | 1.09% |
SBI Cards & Payment Services Ltd. Finance | 0.71% | 0.71% | 0.71% |
ICICI Prudential Life Insurance Company Ltd. Insurance | 0.70% | 0.70% | 0.70% |
LIC Housing Finance Ltd. Finance | 0.58% | 0.58% | 0.58% |
Unique to Mirae Asset Nifty Financial Se
All top holdings are shared with the other fund.
Unique to TATA NIFTY FINANCIAL SERVICES
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks63.3% (5)
Finance26.2% (10)
Insurance7.2% (4)
Capital Markets3.3% (1)
More comparisons for Mirae Asset Nifty Financial Se
- vs HDFC Banking & Financial Servi69.2% · 10 stocks
- vs Kotak Banking and Financial Se69.0% · 12 stocks
- vs EDELWEISS FINANCIAL SERVICES68.1% · 13 stocks
- vs SBI Banking And Financial Serv65.5% · 13 stocks
- vs TATA BANKING & FINANCIAL SERVI65.0% · 10 stocks
More comparisons for TATA NIFTY FINANCIAL SERVICES
- vs HDFC Banking & Financial Servi69.2% · 10 stocks
- vs Kotak Banking and Financial Se69.0% · 12 stocks
- vs EDELWEISS FINANCIAL SERVICES68.1% · 13 stocks
- vs SBI Banking And Financial Serv65.5% · 13 stocks
- vs TATA BANKING & FINANCIAL SERVI65.0% · 10 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.