ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND vs Axis BSE Sensex ETF

ABSL vs Axis· Portfolio Overlap Analysis

52.6%High Overlap
18 common stocksRank #7783 / 20,000

Investor takeaway: At 52.6% 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 (18)

StockWt% in ADITYA BIRLA SUN LIFE ELSS TAXWt% in Axis BSE Sensex ETFOverlap
ICICI Bank Limited
Banks
7.22%10.25%7.22%
HDFC Bank Limited
Banks
6.93%14.06%6.93%
State Bank of India
Banks
4.47%5.19%4.47%
Infosys Limited
IT - Software
4.47%4.83%4.47%
Axis Bank Limited
Banks
4.74%4.11%4.11%
Reliance Industries Limited
Petroleum Products
4.02%9.80%4.02%
Bharti Airtel Limited
Telecom - Services
3.38%5.45%3.38%
Larsen & Toubro Limited
Construction
2.72%5.20%2.72%
Mahindra & Mahindra Limited
Automobiles
2.72%3.16%2.72%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
2.32%1.91%1.91%
Eternal Limited
Retailing
2.17%1.78%1.78%
Bajaj Finance Limited
Finance
1.73%2.71%1.73%
NTPC Limited
Power
1.46%1.88%1.46%
Titan Company Limited
Consumer Durables
1.38%1.84%1.38%
UltraTech Cement Limited
Cement & Cement Products
1.25%1.55%1.25%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
2.57%1.16%1.16%
Hindustan Unilever Limited
Diversified FMCG
1.01%2.17%1.01%
Tech Mahindra Limited
IT - Software
2.11%0.90%0.90%

Unique to ADITYA BIRLA SUN LIFE ELSS TAX

  • Fortis Healthcare Limited3.13%

Unique to Axis BSE Sensex ETF

  • Kotak Mahindra Bank Limited3.18%

Sector Overlap Breakdown

Banks
22.7% (4)
IT - Software
5.4% (2)
Petroleum Products
4.0% (1)
Telecom - Services
3.4% (1)
Construction
2.7% (1)
Automobiles
2.7% (1)
Pharmaceuticals & Biotechnology
1.9% (1)
Retailing
1.8% (1)
Finance
1.7% (1)
Power
1.5% (1)
Consumer Durables
1.4% (1)
Cement & Cement Products
1.3% (1)
Transport Infrastructure
1.2% (1)
Diversified FMCG
1.0% (1)

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