Mirae Asset Banking and Financial Services Fund vs TATA NIFTY FINANCIAL SERVICES INDEX FUND

Mirae vs Tata· Portfolio Overlap Analysis

63.2%High Overlap

10 common stocksRank #4284 / 5,000

Investor takeaway: These funds overlap 63.2%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (10)

Stock	Wt% in Mirae Asset Banking and Financ	Wt% in TATA NIFTY FINANCIAL SERVICES	Overlap
HDFC Bank Ltd. Banks	16.50%	16.76%	16.50%
ICICI Bank Ltd. Banks	13.75%	14.09%	13.75%
State Bank of India Banks	10.43%	12.26%	10.43%
Axis Bank Ltd. Banks	8.38%	10.99%	8.38%
Kotak Mahindra Bank Ltd. Banks	3.96%	9.24%	3.96%
Bajaj Finance Ltd. Finance	3.36%	8.00%	3.36%
SBI Life Insurance Co. Ltd. Insurance	3.37%	2.77%	2.77%
Shriram Finance Ltd. Finance	2.23%	4.57%	2.23%
Power Finance Corporation Ltd. Finance	1.28%	1.82%	1.28%
LIC Housing Finance Ltd. Finance	0.79%	0.58%	0.58%

Unique to Mirae Asset Banking and Financ

Karur Vysya Bank Ltd.2.86%
The Federal Bank Ltd.2.80%
Aditya Birla Capital Ltd.2.57%

Unique to TATA NIFTY FINANCIAL SERVICES

BAJAJ FINSERV LTD.3.45%
BSE LTD.3.35%

Sector Overlap Breakdown

Banks

53.0% (5)

Finance

7.5% (4)

Insurance

2.8% (1)

More comparisons for Mirae Asset Banking and Financ

vs HDFC Banking & Financial Servi66.1% · 15 stocks
vs EDELWEISS FINANCIAL SERVICES63.2% · 16 stocks
vs Mirae Asset Nifty Financial Se63.2% · 10 stocks
vs Kotak Banking and Financial Se63.0% · 15 stocks
vs TATA BANKING & FINANCIAL SERVI62.8% · 13 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.