Axis Balanced Advantage Fund vs CANARA ROBECO BALANCED ADVANTAGE FUND

Axis vs Canara Robeco· Portfolio Overlap Analysis

43.5%High Overlap
41 common stocksRank #18210 / 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 (41)

StockWt% in Axis Balanced AdvantageWt% in CANARA ROBECO BALANCED ADVANTAOverlap
HDFC Bank Limited
Banks
5.75%7.39%5.75%
Reliance Industries Limited
Petroleum Products
5.09%5.30%5.09%
ICICI Bank Limited
Banks
5.06%4.32%4.32%
State Bank of India
Banks
4.33%3.43%3.43%
Larsen & Toubro Limited
Construction
2.97%3.56%2.97%
Infosys Limited
IT - Software
3.03%2.20%2.20%
Mahindra & Mahindra Limited
Automobiles
2.73%1.87%1.87%
Bharti Airtel Limited
Telecom - Services
1.80%2.96%1.80%
Bajaj Finance Limited
Finance
1.67%1.36%1.36%
SBI Life Insurance Company Limited
Insurance
1.02%1.52%1.02%
Shriram Finance Limited
Finance
0.98%1.19%0.98%
Samvardhana Motherson International Limited
Auto Components
0.95%1.21%0.95%
ITC Limited
Diversified FMCG
0.88%1.12%0.88%
InterGlobe Aviation Limited
Transport Services
0.78%0.84%0.78%
Tata Consultancy Services Limited
IT - Software
1.37%0.74%0.74%
Britannia Industries Limited
Food Products
0.95%0.72%0.72%
Tata Power Company Limited
Power
0.71%1.09%0.71%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.19%0.63%0.63%
Varun Beverages Limited
Beverages
0.60%1.03%0.60%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.57%1.06%0.57%
Tech Mahindra Limited
IT - Software
0.55%0.84%0.55%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.55%0.66%0.55%
Hindustan Aeronautics Limited
Aerospace & Defense
0.52%0.63%0.52%
United Spirits Limited
Beverages
0.47%0.79%0.47%
NTPC Limited
Power
1.73%0.44%0.44%
Bharat Petroleum Corporation Limited
Petroleum Products
0.44%0.53%0.44%
Axis Bank Limited
Banks
0.41%2.58%0.41%
PNB Housing Finance Limited
Finance
0.37%0.57%0.37%
Bharat Electronics Limited
Aerospace & Defense
0.36%1.09%0.36%
Hindalco Industries Limited
Non - Ferrous Metals
0.34%0.55%0.34%
Indian Bank
Banks
0.34%1.15%0.34%
Eternal Limited
Retailing
0.30%1.42%0.30%
UltraTech Cement Limited
Cement & Cement Products
0.28%0.71%0.28%
Jubilant Foodworks Limited
Leisure Services
0.24%0.55%0.24%
TVS Motor Company Limited
Automobiles
0.85%0.19%0.19%
Brigade Enterprises Limited
Realty
0.16%0.59%0.16%
Awfis Space Solutions Limited
Commercial Services & Supplies
0.11%0.49%0.11%
Info Edge (India) Limited
Retailing
0.08%0.45%0.08%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.75%0.01%
Coal India Limited
Consumable Fuels
0.00%1.44%0.00%
Cummins India Limited
Industrial Products
0.00%1.08%0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to CANARA ROBECO BALANCED ADVANTA

  • Power Finance Corporation Ltd2.32%

Sector Overlap Breakdown

Banks
14.3% (5)
Petroleum Products
5.5% (2)
IT - Software
3.5% (3)
Construction
3.0% (1)
Finance
2.7% (3)
Automobiles
2.1% (2)
Telecom - Services
1.8% (1)
Pharmaceuticals & Biotechnology
1.2% (2)
Power
1.1% (2)
Beverages
1.1% (2)
Insurance
1.0% (1)
Auto Components
0.9% (1)
Diversified FMCG
0.9% (1)
Aerospace & Defense
0.9% (2)
Transport Services
0.8% (1)
Food Products
0.7% (1)
Electrical Equipment
0.6% (1)
Retailing
0.4% (2)
Non - Ferrous Metals
0.3% (1)
Cement & Cement Products
0.3% (1)
Leisure Services
0.2% (1)
Realty
0.2% (1)
Commercial Services & Supplies
0.1% (1)
Consumer Durables
0.0% (1)
Consumable Fuels
0.0% (1)
Industrial Products
0.0% (1)

More comparisons for Axis Balanced Advantage

More comparisons for CANARA ROBECO BALANCED ADVANTA

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