Axis Balanced Advantage Fund vs Axis ELSS Tax Saver Fund
Axis vs Axis· Portfolio Overlap Analysis
48.5%High Overlap
52 common stocksRank #11754 / 20,000
Investor takeaway: At 48.5% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.
Common Holdings (52)
| Stock | Wt% in Axis Balanced Advantage | Wt% in Axis ELSS Tax Saver | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 5.75% | 6.54% | 5.75% |
ICICI Bank Limited Banks | 5.06% | 7.31% | 5.06% |
Infosys Limited IT - Software | 3.03% | 3.38% | 3.03% |
State Bank of India Banks | 4.33% | 2.99% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 2.97% | 2.97% |
Reliance Industries Limited Petroleum Products | 5.09% | 2.82% | 2.82% |
Mahindra & Mahindra Limited Automobiles | 2.73% | 2.61% | 2.61% |
Bharti Airtel Limited Telecom - Services | 1.80% | 3.71% | 1.80% |
Bajaj Finance Limited Finance | 1.67% | 3.34% | 1.67% |
Tata Consultancy Services Limited IT - Software | 1.37% | 1.67% | 1.37% |
Kotak Mahindra Bank Limited Banks | 1.32% | 1.92% | 1.32% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.19% | 1.23% | 1.19% |
Shriram Finance Limited Finance | 0.98% | 1.60% | 0.98% |
Titan Company Limited Consumer Durables | 0.93% | 1.34% | 0.93% |
Apollo Hospitals Enterprise Limited Healthcare Services | 1.49% | 0.87% | 0.87% |
TVS Motor Company Limited Automobiles | 0.85% | 1.17% | 0.85% |
Pidilite Industries Limited Chemicals & Petrochemicals | 0.84% | 2.25% | 0.84% |
Hindustan Unilever Limited Diversified FMCG | 0.78% | 1.02% | 0.78% |
InterGlobe Aviation Limited Transport Services | 0.78% | 1.16% | 0.78% |
Tata Steel Limited Ferrous Metals | 0.67% | 1.04% | 0.67% |
HDFC Life Insurance Company Limited Insurance | 0.67% | 1.22% | 0.67% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 0.64% | 0.91% | 0.64% |
Varun Beverages Limited Beverages | 0.60% | 0.73% | 0.60% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 0.57% | 2.21% | 0.57% |
CG Power and Industrial Solutions Limited Electrical Equipment | 0.55% | 1.67% | 0.55% |
Sona BLW Precision Forgings Limited Auto Components | 0.48% | 1.03% | 0.48% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.44% | 0.44% | 0.44% |
Axis Bank Limited Banks | 0.41% | 1.65% | 0.41% |
Samvardhana Motherson International Limited Auto Components | 0.95% | 0.37% | 0.37% |
LG Electronics India Ltd Consumer Durables | 0.56% | 0.36% | 0.36% |
Premier Energies Limited Electrical Equipment | 0.41% | 0.36% | 0.36% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 0.36% | 0.94% | 0.36% |
The Phoenix Mills Limited Realty | 0.60% | 0.33% | 0.33% |
Eternal Limited Retailing | 0.30% | 2.15% | 0.30% |
Jyoti CNC Automation Ltd Industrial Manufacturing | 0.29% | 0.32% | 0.29% |
PI Industries Limited Fertilizers & Agrochemicals | 0.28% | 1.62% | 0.28% |
UltraTech Cement Limited Cement & Cement Products | 0.28% | 2.20% | 0.28% |
Tech Mahindra Limited IT - Software | 0.55% | 0.27% | 0.27% |
Dixon Technologies (India) Limited Consumer Durables | 0.25% | 0.26% | 0.25% |
ITC Limited Diversified FMCG | 0.88% | 0.24% | 0.24% |
Tenneco Clean Air India Limited Auto Components | 0.23% | 0.41% | 0.23% |
Avenue Supermarts Limited Retailing | 0.18% | 0.46% | 0.18% |
Max Healthcare Institute Limited Healthcare Services | 0.17% | 0.81% | 0.17% |
UNO Minda Limited Auto Components | 0.13% | 0.43% | 0.13% |
Bharat Heavy Electricals Limited Electrical Equipment | 0.12% | 0.48% | 0.12% |
The Federal Bank Limited Banks | 0.09% | 1.22% | 0.09% |
Info Edge (India) Limited Retailing | 0.08% | 0.23% | 0.08% |
Power Grid Corporation of India Limited Power | 0.06% | 0.51% | 0.06% |
Bajaj Finserv Limited Finance | 0.05% | 0.44% | 0.05% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.01% | 0.01% | 0.01% |
Cholamandalam Investment and Finance Company Ltd Finance | 0.00% | 1.96% | 0.00% |
Cummins India Limited Industrial Products | 0.00% | 1.00% | 0.00% |
Unique to Axis Balanced Advantage
- NTPC Limited1.73%
Unique to Axis ELSS Tax Saver
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks15.6% (6)
IT - Software4.7% (3)
Automobiles3.5% (2)
Construction3.0% (1)
Petroleum Products2.8% (1)
Finance2.7% (4)
Pharmaceuticals & Biotechnology2.6% (4)
Telecom - Services1.8% (1)
Consumer Durables1.6% (4)
Auto Components1.2% (4)
Healthcare Services1.0% (2)
Electrical Equipment1.0% (3)
Diversified FMCG1.0% (2)
Chemicals & Petrochemicals0.8% (1)
Transport Services0.8% (1)
Ferrous Metals0.7% (1)
Insurance0.7% (1)
Agricultural, Commercial & Construction Vehicles0.6% (1)
Beverages0.6% (1)
Retailing0.6% (3)
Realty0.3% (1)
Industrial Manufacturing0.3% (1)
Fertilizers & Agrochemicals0.3% (1)
Cement & Cement Products0.3% (1)
Power0.1% (1)
Industrial Products0.0% (1)
More comparisons for Axis Balanced Advantage
- vs Axis Aggressive Hybrid56.7% · 68 stocks
- vs Axis Retirement Fund - Aggress56.6% · 68 stocks
- vs Axis Retirement Fund - Dynamic56.4% · 67 stocks
- vs Axis Children’s55.6% · 69 stocks
- vs HDFC NIFTY 100 ETF54.5% · 59 stocks
More comparisons for Axis ELSS Tax Saver
- vs CANARA ROBECO LARGE CAP63.5% · 40 stocks
- vs Axis Large Cap63.3% · 40 stocks
- vs CANARA ROBECO FLEXICAP60.7% · 43 stocks
- vs Parag Parikh Large Cap58.1% · 45 stocks
- vs HDFC NIFTY 100 ETF58.1% · 45 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.