Mirae Asset Nifty50 Equal Weight ETF vs SBI Equity Minimum Variance Fund

Portfolio Overlap Analysis · Mirae vs SBI

63.8%
High Overlap
50 common stocks · Rank #1627 of 95,528 pairs
Fund A
Mirae Asset Nifty50 Equal Weight ETF
Mirae · Equity - Other
Fund B
SBI Equity Minimum Variance Fund
SBI · Equity - Other

Common Holdings (50)

StockWt% in Mirae Asset Nifty50 Equal WeigWt% in SBI Equity Minimum VarianceOverlap
Apollo Hospitals Enterprise Ltd.
Healthcare Services
2.19%3.49%2.19%
ICICI Bank Ltd.
Banks
2.05%3.35%2.05%
Nestle India Ltd.
Food Products
2.04%8.32%2.04%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
2.03%7.83%2.03%
Hindustan Unilever Ltd.
Diversified FMCG
2.02%8.21%2.02%
Dr. Reddy's Laboratories Ltd.
Pharmaceuticals & Biotechnology
2.03%1.98%1.98%
Tata Consumer Products Ltd.
Agricultural Food & other Products
1.95%5.03%1.95%
Cipla Ltd.
Pharmaceuticals & Biotechnology
1.80%5.04%1.80%
HDFC Bank Ltd.
Banks
1.79%3.21%1.79%
Bharti Airtel Ltd.
Telecom - Services
1.79%1.94%1.79%
SBI Life Insurance Co. Ltd.
Insurance
2.02%1.74%1.74%
Asian Paints Ltd.
Consumer Durables
1.73%2.43%1.73%
HDFC Life Insurance Company Ltd.
Insurance
1.92%1.65%1.65%
Tata Consultancy Services Ltd.
IT - Software
1.61%2.42%1.61%
ITC Ltd.
Diversified FMCG
1.56%7.39%1.56%
State Bank of India
Banks
2.49%1.24%1.24%
Tata Steel Ltd.
Ferrous Metals
2.52%1.20%1.20%
Oil & Natural Gas Corporation Ltd.
Oil
2.39%1.19%1.19%
Power Grid Corporation of India Ltd.
Power
2.26%1.14%1.14%
Bharat Electronics Ltd.
Aerospace & Defense
2.24%1.14%1.14%
Axis Bank Ltd.
Banks
2.26%1.13%1.13%
Eicher Motors Ltd.
Automobiles
2.19%1.13%1.13%
NTPC Ltd.
Power
2.36%1.12%1.12%
JSW Steel Ltd.
Ferrous Metals
2.32%1.10%1.10%
Shriram Finance Ltd.
Finance
2.25%1.10%1.10%
Titan Company Ltd.
Consumer Durables
2.17%1.10%1.10%
Ultratech Cement Ltd.
Cement & Cement Products
2.15%1.10%1.10%
Coal India Ltd.
Consumable Fuels
2.15%1.09%1.09%
Bajaj Auto Ltd.
Automobiles
2.21%1.08%1.08%
Tata Motors Passenger Vehicles Ltd.
Automobiles
2.14%1.07%1.07%
Larsen & Toubro Ltd.
Construction
2.12%1.06%1.06%
Max Healthcare Institute Ltd.
Healthcare Services
2.04%1.06%1.06%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
2.05%1.05%1.05%
Bajaj Finance Ltd.
Finance
2.00%1.04%1.04%
Hindalco Industries Ltd.
Non - Ferrous Metals
2.12%1.03%1.03%
Grasim Industries Ltd.
Cement & Cement Products
1.99%1.01%1.01%
Bajaj Finserv Ltd.
Finance
1.98%1.01%1.01%
Adani Enterprises Ltd.
Metals & Minerals Trading
1.94%0.98%0.98%
Kotak Mahindra Bank Ltd.
Banks
1.92%0.97%0.97%
Interglobe Aviation Ltd.
Transport Services
1.91%0.97%0.97%
Mahindra & Mahindra Ltd.
Automobiles
1.88%0.92%0.92%
Trent Ltd.
Retailing
1.82%0.91%0.91%
Maruti Suzuki India Ltd.
Automobiles
1.79%0.90%0.90%
Reliance Industries Ltd.
Petroleum Products
1.79%0.90%0.90%
Eternal Ltd.
Retailing
1.75%0.89%0.89%
Jio Financial Services Ltd.
Finance
1.72%0.87%0.87%
Tech Mahindra Ltd.
IT - Software
1.69%0.87%0.87%
HCL Technologies Ltd.
IT - Software
1.68%0.87%0.87%
Wipro Ltd.
IT - Software
1.51%0.83%0.83%
Infosys Ltd.
IT - Software
1.57%0.82%0.82%

Unique to Mirae Asset Nifty50 Equal Weig

All top holdings are shared with the other fund.

Unique to SBI Equity Minimum Variance

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
7.2% (5)
Pharmaceuticals & Biotechnology
5.8% (3)
Automobiles
5.1% (5)
IT - Software
5.0% (5)
Finance
4.0% (4)
Diversified FMCG
3.6% (2)
Insurance
3.4% (2)
Healthcare Services
3.3% (2)
Consumer Durables
2.8% (2)
Ferrous Metals
2.3% (2)
Power
2.3% (2)
Cement & Cement Products
2.1% (2)
Food Products
2.0% (1)
Agricultural Food & other Products
1.9% (1)
Retailing
1.8% (2)
Telecom - Services
1.8% (1)
Oil
1.2% (1)
Aerospace & Defense
1.1% (1)
Consumable Fuels
1.1% (1)
Construction
1.1% (1)
Transport Infrastructure
1.1% (1)
Non - Ferrous Metals
1.0% (1)
Metals & Minerals Trading
1.0% (1)
Transport Services
1.0% (1)
Petroleum Products
0.9% (1)

More comparisons for Mirae Asset Nifty50 Equal Weig

More comparisons for SBI Equity Minimum Variance

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