ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND vs CANARA ROBECO FLEXICAP FUND

ABSL vs Canara Robeco· Portfolio Overlap Analysis

53.1%High Overlap
28 common stocksRank #7623 / 20,000

Investor takeaway: At 53.1% 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 (28)

StockWt% in ADITYA BIRLA SUN LIFE ELSS TAXWt% in CANARA ROBECO FLEXICAPOverlap
HDFC Bank Limited
Banks
6.93%7.60%6.93%
ICICI Bank Limited
Banks
7.22%6.59%6.59%
Reliance Industries Limited
Petroleum Products
4.02%3.85%3.85%
State Bank of India
Banks
4.47%3.50%3.50%
Bharti Airtel Limited
Telecom - Services
3.38%3.31%3.31%
Infosys Limited
IT - Software
4.47%2.93%2.93%
Larsen & Toubro Limited
Construction
2.72%3.35%2.72%
Mahindra & Mahindra Limited
Automobiles
2.72%2.67%2.67%
Axis Bank Limited
Banks
4.74%2.29%2.29%
Eternal Limited
Retailing
2.17%1.87%1.87%
Bajaj Finance Limited
Finance
1.73%2.57%1.73%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
2.32%1.60%1.60%
Varun Beverages Limited
Beverages
1.47%1.45%1.45%
NTPC Limited
Power
1.46%1.40%1.40%
Titan Company Limited
Consumer Durables
1.38%1.48%1.38%
Tech Mahindra Limited
IT - Software
2.11%1.21%1.21%
UltraTech Cement Limited
Cement & Cement Products
1.25%1.21%1.21%
Cholamandalam Investment and Finance Company Limited
Finance
1.58%1.16%1.16%
Cummins India Limited
Industrial Products
2.36%1.02%1.02%
Max Financial Services Limited
Insurance
1.16%0.94%0.94%
Vinati Organics Limited
Chemicals & Petrochemicals
0.77%0.79%0.77%
Godrej Consumer Products Limited
Personal Products
2.04%0.76%0.76%
Hindustan Unilever Limited
Diversified FMCG
1.01%0.59%0.59%
Dixon Technologies (India) Limited
Consumer Durables
0.87%0.55%0.55%
Computer Age Management Services Limited
Capital Markets
1.38%0.54%0.54%
Persistent Systems Limited
IT - Software
0.71%0.16%0.16%
Hindalco Industries Limited
Non - Ferrous Metals
2.08%0.01%0.01%
Kwality Wall's India Ltd
Food Products
0.01%0.01%0.01%

Unique to ADITYA BIRLA SUN LIFE ELSS TAX

  • Fortis Healthcare Limited3.13%

Unique to CANARA ROBECO FLEXICAP

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
19.3% (4)
IT - Software
4.3% (3)
Petroleum Products
3.9% (1)
Telecom - Services
3.3% (1)
Finance
2.9% (2)
Construction
2.7% (1)
Automobiles
2.7% (1)
Consumer Durables
1.9% (2)
Retailing
1.9% (1)
Pharmaceuticals & Biotechnology
1.6% (1)
Beverages
1.4% (1)
Power
1.4% (1)
Cement & Cement Products
1.2% (1)
Industrial Products
1.0% (1)
Insurance
0.9% (1)
Chemicals & Petrochemicals
0.8% (1)
Personal Products
0.8% (1)
Diversified FMCG
0.6% (1)
Capital Markets
0.5% (1)
Non - Ferrous Metals
0.0% (1)
Food Products
0.0% (1)

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