ADITYA BIRLA SUN LIFE NIFTY INDIA DEFENCE INDEX FUND vs HDFC Defence Fund

ABSL vs HDFC· Portfolio Overlap Analysis

73.3%High Overlap
11 common stocksRank #2842 / 5,000

Investor takeaway: These funds overlap 73.3%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (11)

StockWt% in ADITYA BIRLA SUN LIFE NIFTY INWt% in HDFC DefenceOverlap
Bharat Electronics Limited
Aerospace & Defense
21.25%18.58%18.58%
Bharat Forge Limited
Auto Components
17.34%15.72%15.72%
Hindustan Aeronautics Limited
Aerospace & Defense
16.90%12.09%12.09%
Solar Industries India Limited
Chemicals & Petrochemicals
11.20%10.26%10.26%
Bharat Dynamics Limited
Aerospace & Defense
3.97%4.69%3.97%
Astra Microwave Products Limited
Aerospace & Defense
2.79%4.92%2.79%
MTAR Technologies Limited
Aerospace & Defense
2.74%3.76%2.74%
Mazagon Dock Shipbuilders Limited
Industrial Manufacturing
5.75%2.46%2.46%
BEML Limited
Agricultural Commercial & Construction Vehicles
2.19%5.92%2.19%
Data Patterns India Private Limited
Aerospace & Defense
3.24%2.10%2.10%
Cyient DLM Ltd
Aerospace & Defense
0.41%2.13%0.41%

Unique to ADITYA BIRLA SUN LIFE NIFTY IN

  • Cochin Shipyard Limited4.30%

Unique to HDFC Defence

  • Eicher Motors Ltd.4.45%
  • Premier Explosives Ltd.3.05%

Sector Overlap Breakdown

Aerospace & Defense
42.7% (7)
Auto Components
15.7% (1)
Chemicals & Petrochemicals
10.3% (1)
Industrial Manufacturing
2.5% (1)
Agricultural Commercial & Construction Vehicles
2.2% (1)

More comparisons for ADITYA BIRLA SUN LIFE NIFTY IN

More comparisons for HDFC Defence

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