ADITYA BIRLA SUN LIFE BUSINESS CYCLE FUND vs Axis ELSS Tax Saver Fund

ABSL vs Axis· Portfolio Overlap Analysis

42.7%High Overlap
29 common stocksRank #19277 / 20,000

Investor takeaway: At 42.7% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (29)

StockWt% in ADITYA BIRLA SUN LIFE BUSINESSWt% in Axis ELSS Tax SaverOverlap
ICICI Bank Limited
Banks
6.59%7.31%6.59%
HDFC Bank Limited
Banks
3.35%6.54%3.35%
State Bank of India
Banks
4.44%2.99%2.99%
Infosys Limited
IT - Software
2.94%3.38%2.94%
Reliance Industries Limited
Petroleum Products
3.32%2.82%2.82%
Mahindra & Mahindra Limited
Automobiles
2.59%2.61%2.59%
Bharti Airtel Limited
Telecom - Services
2.39%3.71%2.39%
Kotak Mahindra Bank Limited
Banks
3.72%1.92%1.92%
Shriram Finance Ltd
Finance
1.72%1.60%1.60%
Larsen & Toubro Limited
Construction
1.47%2.97%1.47%
UltraTech Cement Limited
Cement & Cement Products
1.28%2.20%1.28%
The Federal Bank Limited
Banks
1.62%1.22%1.22%
Axis Bank Limited
Banks
1.20%1.65%1.20%
Eternal Limited
Retailing
1.05%2.15%1.05%
Sona BLW Precision Forgings Limited
Auto Components
1.47%1.03%1.03%
Cholamandalam Investment and Finance Company Limited
Finance
1.01%1.96%1.01%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.96%1.67%0.96%
PI Industries Litmited
Fertilizers & Agrochemicals
0.90%1.62%0.90%
Vishal Mega Mart Ltd
Retailing
0.89%0.98%0.89%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.36%0.87%0.87%
Schaeffler India Limited
Auto Components
1.13%0.61%0.61%
Jindal Steel & Power Limited
Ferrous Metals
2.28%0.55%0.55%
ICICI Lombard General Insurance Company Limited
Insurance
1.65%0.54%0.54%
Blue Star Limited
Consumer Durables
1.43%0.50%0.50%
Ather Energy Ltd
Automobiles
1.03%0.45%0.45%
Persistent Systems Limited
IT - Software
1.30%0.36%0.36%
Godrej Consumer Products Limited
Personal Products
2.11%0.27%0.27%
Tech Mahindra Limited
IT - Software
1.80%0.27%0.27%
MEESHO LTD
Retailing
0.86%0.04%0.04%

Unique to ADITYA BIRLA SUN LIFE BUSINESS

All top holdings are shared with the other fund.

Unique to Axis ELSS Tax Saver

  • Bajaj Finance Limited3.34%
  • Pidilite Industries Limited2.25%

Sector Overlap Breakdown

Banks
17.3% (6)
IT - Software
3.6% (3)
Automobiles
3.0% (2)
Petroleum Products
2.8% (1)
Finance
2.6% (2)
Telecom - Services
2.4% (1)
Retailing
2.0% (3)
Auto Components
1.6% (2)
Construction
1.5% (1)
Cement & Cement Products
1.3% (1)
Electrical Equipment
1.0% (1)
Fertilizers & Agrochemicals
0.9% (1)
Healthcare Services
0.9% (1)
Ferrous Metals
0.6% (1)
Insurance
0.5% (1)
Consumer Durables
0.5% (1)
Personal Products
0.3% (1)

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