ADITYA BIRLA SUN LIFE NIFTY 200 MOMENTUM 30 ETF vs Axis Quant Fund

ABSL vs Axis· Portfolio Overlap Analysis

43.5%High Overlap
15 common stocksRank #18233 / 20,000

Investor takeaway: At 43.5% 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 (15)

StockWt% in ADITYA BIRLA SUN LIFE NIFTY 20Wt% in Axis QuantOverlap
State Bank of India
Banks
6.10%6.61%6.10%
Bharti Airtel Limited
Telecom - Services
4.38%6.47%4.38%
Eicher Motors Limited
Automobiles
5.36%4.01%4.01%
Maruti Suzuki India Limited
Automobiles
4.39%3.77%3.77%
TVS Motor Company Limited
Automobiles
4.57%3.73%3.73%
Hero MotoCorp Limited
Automobiles
4.13%3.50%3.50%
Cummins India Limited
Industrial Products
3.11%3.42%3.11%
Asian Paints Limited
Consumer Durables
4.24%3.05%3.05%
Muthoot Finance Limited
Finance
3.05%3.19%3.05%
Canara Bank
Banks
2.71%3.34%2.71%
Indian Bank
Banks
2.04%2.07%2.04%
Aditya Birla Capital Limited
Finance
2.00%3.25%2.00%
The Federal Bank Limited
Banks
3.27%0.96%0.96%
Bajaj Finance Limited
Finance
4.88%0.60%0.60%
UPL Limited
Fertilizers & Agrochemicals
1.54%0.50%0.50%

Unique to ADITYA BIRLA SUN LIFE NIFTY 20

  • Shriram Finance Ltd5.51%
  • Hindalco Industries Limited5.19%

Unique to Axis Quant

  • Axis Bank Limited5.35%
  • HDFC Bank Limited4.40%
  • Bharat Petroleum Corporation Limited4.09%
  • Bank of Baroda3.50%

Sector Overlap Breakdown

Automobiles
15.0% (4)
Banks
11.8% (4)
Finance
5.7% (3)
Telecom - Services
4.4% (1)
Industrial Products
3.1% (1)
Consumer Durables
3.0% (1)
Fertilizers & Agrochemicals
0.5% (1)

More comparisons for ADITYA BIRLA SUN LIFE NIFTY 20

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