Kotak Nifty 100 Low Volatility 30 Index Fund vs Mirae Asset Nifty 100 Low Volatility 30 ETF
Kotak vs Mirae· Portfolio Overlap Analysis
Analysis
Mirae Asset Nifty 100 Low Volatility 30 ETF and Kotak Nifty 100 Low Volatility 30 Index Fund show 100.0% overlap, which is high in MFXray's current universe. This pair ranks #19 out of 95,528 analyzed combinations. The catch is that this is a cross-AMC pair, so changing fund houses here does not really change the portfolio underneath.
The overlap is being driven mainly by banks exposure, which alone contributes 16.3% of the shared book. The biggest common positions are State Bank of India, ICICI Bank Ltd., and HDFC Bank Ltd.. Those names account for a large chunk of why the two funds move similarly.
Mirae Asset Nifty 100 Low Volatility 30 ETF still keeps some identity through very little that stands apart in the top holdings, while Kotak Nifty 100 Low Volatility 30 Index Fund leans on very little that stands apart in the top holdings. That matters because the common core is doing most of the heavy lifting, and the unique sleeve around it is relatively small.
The practical takeaway is simple: holding both funds is likely giving you more duplication than diversification. This is the kind of pair that deserves a second look before you assume you are spreading risk.
Common Holdings (30)
| Stock | Wt% in Kotak Nifty 100 Low Volatility | Wt% in Mirae Asset Nifty 100 Low Vola | Overlap |
|---|---|---|---|
STATE BANK OF INDIA. Banks | 4.92% | 4.83% | 4.83% |
ICICI BANK LTD. Banks | 4.50% | 4.42% | 4.42% |
HDFC BANK LTD. Banks | 4.09% | 4.02% | 4.02% |
Hindustan Unilever Ltd. Diversified FMCG | 3.99% | 3.92% | 3.92% |
Apollo Hospitals Enterprise Ltd. Healthcare Services | 3.80% | 3.73% | 3.73% |
Nestle India Ltd. Food Products | 3.77% | 3.70% | 3.70% |
TITAN COMPANY LTD. Consumer Durables | 3.73% | 3.67% | 3.67% |
Britannia Industries Ltd. Food Products | 3.71% | 3.64% | 3.64% |
Ultratech Cement Ltd. Cement and Cement Products | 3.70% | 3.63% | 3.63% |
SBI Life Insurance Company Ltd Insurance | 3.66% | 3.59% | 3.59% |
SUN PHARMACEUTICAL INDUSTRIES LTD. Pharmaceuticals and Biotechnology | 3.64% | 3.57% | 3.57% |
ITC Ltd. Diversified FMCG | 3.61% | 3.54% | 3.54% |
TORRENT PHARMACEUTICALS LTD. Pharmaceuticals and Biotechnology | 3.57% | 3.51% | 3.51% |
Larsen and Toubro Ltd. Construction | 3.53% | 3.46% | 3.46% |
Dr.Reddy's Laboratories Ltd. Pharmaceuticals and Biotechnology | 3.44% | 3.38% | 3.38% |
Bajaj Auto Ltd. Automobiles | 3.43% | 3.36% | 3.36% |
RELIANCE INDUSTRIES LTD. Petroleum Products | 3.26% | 3.20% | 3.20% |
Pidilite Industries Ltd. Chemicals and Petrochemicals | 3.22% | 3.16% | 3.16% |
Bosch Limited Auto Components | 3.20% | 3.14% | 3.14% |
Asian Paints(India) Ltd. Consumer Durables | 3.15% | 3.09% | 3.09% |
Cipla Ltd. Pharmaceuticals and Biotechnology | 3.14% | 3.08% | 3.08% |
Maruti Suzuki India Limited Automobiles | 3.14% | 3.08% | 3.08% |
Shree Cement Ltd. Cement and Cement Products | 3.11% | 3.05% | 3.05% |
BHARTI AIRTEL LTD. Telecom - Services | 3.06% | 3.01% | 3.01% |
KOTAK MAHINDRA BANK LTD. Banks | 3.03% | 2.98% | 2.98% |
TATA CONSULTANCY SERVICES LTD. IT - Software | 2.88% | 2.82% | 2.82% |
Bajaj Finserv Ltd. Finance | 2.87% | 2.82% | 2.82% |
HCL Technologies Ltd. IT - Software | 2.35% | 2.31% | 2.31% |
Infosys Ltd. IT - Software | 2.27% | 2.22% | 2.22% |
Wipro Ltd. IT - Software | 2.13% | 2.09% | 2.09% |
Unique to Kotak Nifty 100 Low Volatility
All top holdings are shared with the other fund.
Unique to Mirae Asset Nifty 100 Low Vola
All top holdings are shared with the other fund.
Sector Overlap Breakdown
More comparisons for Kotak Nifty 100 Low Volatility
- vs HDFC NIFTY100 LOW VOLATILITY 3100.0% · 30 stocks
- vs HDFC NIFTY100 Low Volatility 399.9% · 30 stocks
- vs Kotak Nifty 100 Low Volatility99.9% · 30 stocks
- vs SBI Nifty100 Low Volatility 3099.8% · 30 stocks
- vs ICICI Prudential Nifty 100 Low85.9% · 27 stocks
More comparisons for Mirae Asset Nifty 100 Low Vola
- vs HDFC NIFTY100 LOW VOLATILITY 3100.0% · 30 stocks
- vs HDFC NIFTY100 Low Volatility 399.9% · 30 stocks
- vs Kotak Nifty 100 Low Volatility99.9% · 30 stocks
- vs SBI Nifty100 Low Volatility 3099.8% · 30 stocks
- vs ICICI Prudential Nifty 100 Low84.9% · 27 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.