ADITYA BIRLA SUN LIFE BANKING AND FINANCIAL SERVICES FUND vs TATA NIFTY FINANCIAL SERVICES INDEX FUND

ABSL vs Tata· Portfolio Overlap Analysis

61.3%High Overlap

11 common stocksRank #4859 / 5,000

Investor takeaway: These funds overlap 61.3%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (11)

Stock	Wt% in ADITYA BIRLA SUN LIFE BANKING	Wt% in TATA NIFTY FINANCIAL SERVICES	Overlap
ICICI Bank Limited Banks	13.96%	14.09%	13.96%
HDFC Bank Limited Banks	13.07%	16.76%	13.07%
Axis Bank Limited Banks	8.67%	10.99%	8.67%
State Bank of India Banks	6.28%	12.26%	6.28%
Bajaj Finance Limited Finance	5.79%	8.00%	5.79%
Kotak Mahindra Bank Limited Banks	4.01%	9.24%	4.01%
Shriram Finance Ltd Finance	3.52%	4.57%	3.52%
SBI Life Insurance Company Limited Insurance	2.46%	2.77%	2.46%
ICICI Lombard General Insurance Company Limited Insurance	2.93%	1.39%	1.39%
Muthoot Finance Limited Finance	1.14%	1.09%	1.09%
Bajaj Finserv Limited Finance	1.09%	3.45%	1.09%

Unique to ADITYA BIRLA SUN LIFE BANKING

AU Small Finance Bank Limited3.51%
Bank of Maharashtra2.55%

Unique to TATA NIFTY FINANCIAL SERVICES

BSE LTD.3.35%

Sector Overlap Breakdown

Banks

46.0% (5)

Finance

11.5% (4)

Insurance

3.9% (2)

More comparisons for ADITYA BIRLA SUN LIFE BANKING

vs HDFC Banking & Financial Servi70.6% · 19 stocks
vs Mahindra Manulife Banking & Fi65.2% · 18 stocks
vs Kotak Banking and Financial Se64.5% · 18 stocks
vs Mirae Asset Nifty Financial Se61.3% · 11 stocks
vs TATA BANKING & FINANCIAL SERVI60.9% · 16 stocks

More comparisons for TATA NIFTY FINANCIAL SERVICES

vs Mirae Asset Nifty Financial Se100.0% · 20 stocks
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

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