ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME
ABSL vs Nippon· Portfolio Overlap Analysis
51.5%High Overlap
24 common stocksRank #8689 / 20,000
Investor takeaway: At 51.5% 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 (24)
| Stock | Wt% in ADITYA BIRLA SUN LIFE ELSS TAX | Wt% in NIPPON INDIA RETIREMENT FUND - | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.22% | 7.59% | 7.22% |
HDFC Bank Limited Banks | 6.93% | 7.08% | 6.93% |
Reliance Industries Limited Petroleum Products | 4.02% | 4.56% | 4.02% |
State Bank of India Banks | 4.47% | 3.99% | 3.99% |
Axis Bank Limited Banks | 4.74% | 3.20% | 3.20% |
Infosys Limited IT - Software | 4.47% | 2.86% | 2.86% |
Larsen & Toubro Limited Construction | 2.72% | 3.62% | 2.72% |
Bharti Airtel Limited Telecom - Services | 3.38% | 2.69% | 2.69% |
Mahindra & Mahindra Limited Automobiles | 2.72% | 2.54% | 2.54% |
Tech Mahindra Limited IT - Software | 2.11% | 1.84% | 1.84% |
Bajaj Finance Limited Finance | 1.73% | 2.86% | 1.73% |
Cummins India Limited Industrial Products | 2.36% | 1.56% | 1.56% |
NTPC Limited Power | 1.46% | 2.93% | 1.46% |
Titan Company Limited Consumer Durables | 1.38% | 1.38% | 1.38% |
Eternal Limited Retailing | 2.17% | 1.34% | 1.34% |
UltraTech Cement Limited Cement & Cement Products | 1.25% | 1.62% | 1.25% |
Varun Beverages Limited Beverages | 1.47% | 1.15% | 1.15% |
Cholamandalam Investment and Finance Company Limited Finance | 1.58% | 0.96% | 0.96% |
Dixon Technologies (India) Limited Consumer Durables | 0.87% | 0.97% | 0.87% |
Emcure Pharmaceuticals Ltd Pharmaceuticals & Biotechnology | 1.33% | 0.60% | 0.60% |
Gillette India Limited Personal Products | 1.34% | 0.52% | 0.52% |
Hindalco Industries Limited Non - Ferrous Metals | 2.08% | 0.44% | 0.44% |
Max Financial Services Limited Insurance | 1.16% | 0.20% | 0.20% |
Kwality Wall's India Ltd Food Products | 0.01% | 0.02% | 0.01% |
Unique to ADITYA BIRLA SUN LIFE ELSS TAX
- Fortis Healthcare Limited3.13%
Unique to NIPPON INDIA RETIREMENT FUND -
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks21.3% (4)
IT - Software4.7% (2)
Petroleum Products4.0% (1)
Construction2.7% (1)
Telecom - Services2.7% (1)
Finance2.7% (2)
Automobiles2.5% (1)
Consumer Durables2.3% (2)
Industrial Products1.6% (1)
Power1.5% (1)
Retailing1.3% (1)
Cement & Cement Products1.3% (1)
Beverages1.1% (1)
Pharmaceuticals & Biotechnology0.6% (1)
Personal Products0.5% (1)
Non - Ferrous Metals0.4% (1)
Insurance0.2% (1)
Food Products0.0% (1)
More comparisons for ADITYA BIRLA SUN LIFE ELSS TAX
- vs ADITYA BIRLA SUN LIFE LARGE CA59.3% · 30 stocks
- vs CANARA ROBECO FLEXICAP53.1% · 28 stocks
- vs HDFC BSE Sensex Index52.6% · 18 stocks
- vs LIC MF BSE SENSEX ETF52.6% · 18 stocks
- vs ADITYA BIRLA SUN LIFE BSE SENS52.6% · 18 stocks
More comparisons for NIPPON INDIA RETIREMENT FUND -
- vs CANARA ROBECO LARGE CAP62.5% · 35 stocks
- vs ADITYA BIRLA SUN LIFE LARGE CA59.5% · 36 stocks
- vs CANARA ROBECO FLEXICAP58.5% · 36 stocks
- vs Kotak Large Cap57.6% · 25 stocks
- vs Nippon India Flexi Cap57.1% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.