Mirae Asset Nifty Financial Services ETF vs TATA BANKING & FINANCIAL SERVICES FUND
Mirae vs Tata· Portfolio Overlap Analysis
65.0%High Overlap
10 common stocksRank #3844 / 5,000
Investor takeaway: These funds overlap 65.0%. 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 Nifty Financial Se | Wt% in TATA BANKING & FINANCIAL SERVI | Overlap |
|---|---|---|---|
HDFC Bank Ltd. Banks | 16.73% | 16.33% | 16.33% |
ICICI Bank Ltd. Banks | 14.07% | 13.76% | 13.76% |
State Bank of India Banks | 12.24% | 10.43% | 10.43% |
Axis Bank Ltd. Banks | 10.98% | 9.21% | 9.21% |
Shriram Finance Ltd. Finance | 4.57% | 4.49% | 4.49% |
Bajaj Finserv Ltd. Finance | 3.44% | 3.12% | 3.12% |
SBI Life Insurance Co. Ltd. Insurance | 2.76% | 3.64% | 2.76% |
HDFC Life Insurance Company Ltd. Insurance | 2.32% | 1.97% | 1.97% |
Power Finance Corporation Ltd. Finance | 1.82% | 1.56% | 1.56% |
ICICI Lombard General Insurance Company Ltd. Insurance | 1.39% | 2.33% | 1.39% |
Unique to Mirae Asset Nifty Financial Se
- Kotak Mahindra Bank Ltd.9.23%
- Bajaj Finance Ltd.7.99%
- BSE Ltd.3.34%
Unique to TATA BANKING & FINANCIAL SERVI
- BANK OF BARODA3.61%
- CANARA HSBC LIFE INSURANCE COMPANY LTD2.50%
- ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD.2.38%
Sector Overlap Breakdown
Banks49.7% (4)
Finance9.2% (3)
Insurance6.1% (3)
More comparisons for Mirae Asset Nifty Financial Se
- vs TATA NIFTY FINANCIAL SERVICES 100.0% · 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
More comparisons for TATA BANKING & FINANCIAL SERVI
- vs HDFC Banking & Financial Servi66.4% · 15 stocks
- vs NIPPON INDIA BANKING & FINANCI65.4% · 16 stocks
- vs TATA NIFTY FINANCIAL SERVICES 65.0% · 10 stocks
- vs Mirae Asset Banking and Financ62.8% · 13 stocks
- vs ADITYA BIRLA SUN LIFE BANKING 60.9% · 16 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.