TATA BANKING & FINANCIAL SERVICES FUND vs TATA NIFTY FINANCIAL SERVICES INDEX FUND

Tata vs Tata· Portfolio Overlap Analysis

65.0%High Overlap

10 common stocksRank #3843 / 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 TATA BANKING & FINANCIAL SERVI	Wt% in TATA NIFTY FINANCIAL SERVICES	Overlap
HDFC BANK LTD. Banks	16.33%	16.76%	16.33%
ICICI BANK LTD. Banks	13.76%	14.09%	13.76%
STATE BANK OF INDIA Banks	10.43%	12.26%	10.43%
AXIS BANK LTD. Banks	9.21%	10.99%	9.21%
SHRIRAM FINANCE LTD. Finance	4.49%	4.57%	4.49%
BAJAJ FINSERV LTD. Finance	3.12%	3.45%	3.12%
SBI LIFE INSURANCE COMPANY LTD. Insurance	3.64%	2.77%	2.77%
HDFC LIFE INSURANCE CO. LTD. Insurance	1.97%	2.33%	1.97%
POWER FINANCE CORPORATION LTD. Finance	1.56%	1.82%	1.56%
ICICI LOMBARD GENERAL INSURANCE CO. LTD. Insurance	2.33%	1.39%	1.39%

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%

Unique to TATA NIFTY FINANCIAL SERVICES

KOTAK MAHINDRA BANK LTD.9.24%
BAJAJ FINANCE LTD.8.00%
BSE LTD.3.35%

Sector Overlap Breakdown

Banks

49.7% (4)

Finance

9.2% (3)

Insurance

6.1% (3)

More comparisons for TATA BANKING & FINANCIAL SERVI

vs HDFC Banking & Financial Servi66.4% · 15 stocks
vs NIPPON INDIA BANKING & FINANCI65.4% · 16 stocks
vs Mirae Asset Nifty Financial Se65.0% · 10 stocks
vs Mirae Asset Banking and Financ62.8% · 13 stocks
vs ADITYA BIRLA SUN LIFE BANKING 60.9% · 16 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.