Axis Balanced Advantage Fund vs CANARA ROBECO FLEXICAP FUND

Axis vs Canara Robeco· Portfolio Overlap Analysis

46.8%High Overlap
43 common stocksRank #13466 / 20,000

Investor takeaway: At 46.8% 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 (43)

StockWt% in Axis Balanced AdvantageWt% in CANARA ROBECO FLEXICAPOverlap
HDFC Bank Limited
Banks
5.75%7.60%5.75%
ICICI Bank Limited
Banks
5.06%6.59%5.06%
Reliance Industries Limited
Petroleum Products
5.09%3.85%3.85%
State Bank of India
Banks
4.33%3.50%3.50%
Larsen & Toubro Limited
Construction
2.97%3.35%2.97%
Infosys Limited
IT - Software
3.03%2.93%2.93%
Mahindra & Mahindra Limited
Automobiles
2.73%2.67%2.67%
Bharti Airtel Limited
Telecom - Services
1.80%3.31%1.80%
Bajaj Finance Limited
Finance
1.67%2.57%1.67%
NTPC Limited
Power
1.73%1.40%1.40%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.19%1.60%1.19%
SBI Life Insurance Company Limited
Insurance
1.02%1.30%1.02%
Samvardhana Motherson International Limited
Auto Components
0.95%0.93%0.93%
Titan Company Limited
Consumer Durables
0.93%1.48%0.93%
ITC Limited
Diversified FMCG
0.88%0.98%0.88%
Tata Consultancy Services Limited
IT - Software
1.37%0.85%0.85%
TVS Motor Company Limited
Automobiles
0.85%1.92%0.85%
InterGlobe Aviation Limited
Transport Services
0.78%1.24%0.78%
Tata Power Company Limited
Power
0.71%0.94%0.71%
Varun Beverages Limited
Beverages
0.60%1.45%0.60%
Hindustan Unilever Limited
Diversified FMCG
0.78%0.59%0.59%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.57%1.48%0.57%
Tech Mahindra Limited
IT - Software
0.55%1.21%0.55%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.55%1.14%0.55%
Hindustan Aeronautics Limited
Aerospace & Defense
0.52%0.84%0.52%
Axis Bank Limited
Banks
0.41%2.29%0.41%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.36%0.95%0.36%
Bharat Electronics Limited
Aerospace & Defense
0.36%1.67%0.36%
Kotak Mahindra Bank Limited
Banks
1.32%0.31%0.31%
Eternal Limited
Retailing
0.30%1.87%0.30%
Coforge Limited
IT - Software
0.29%0.43%0.29%
PI Industries Limited
Fertilizers & Agrochemicals
0.28%1.05%0.28%
UltraTech Cement Limited
Cement & Cement Products
0.28%1.21%0.28%
Tata Consumer Products Limited
Agricultural Food & other Products
0.27%1.52%0.27%
Dixon Technologies (India) Limited
Consumer Durables
0.25%0.55%0.25%
HCL Technologies Limited
IT - Software
0.46%0.21%0.21%
Max Healthcare Institute Limited
Healthcare Services
0.17%1.37%0.17%
UNO Minda Limited
Auto Components
0.13%1.46%0.13%
Info Edge (India) Limited
Retailing
0.08%0.60%0.08%
Hindalco Industries Limited
Non - Ferrous Metals
0.34%0.01%0.01%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.54%0.01%
Cholamandalam Investment and Finance Company Ltd
Finance
0.00%1.16%0.00%
Cummins India Limited
Industrial Products
0.00%1.02%0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to CANARA ROBECO FLEXICAP

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
15.0% (5)
IT - Software
4.8% (5)
Petroleum Products
3.9% (1)
Automobiles
3.5% (2)
Construction
3.0% (1)
Pharmaceuticals & Biotechnology
2.1% (3)
Power
2.1% (2)
Telecom - Services
1.8% (1)
Finance
1.7% (2)
Diversified FMCG
1.5% (2)
Consumer Durables
1.2% (3)
Auto Components
1.1% (2)
Insurance
1.0% (1)
Aerospace & Defense
0.9% (2)
Transport Services
0.8% (1)
Beverages
0.6% (1)
Electrical Equipment
0.6% (1)
Retailing
0.4% (2)
Fertilizers & Agrochemicals
0.3% (1)
Cement & Cement Products
0.3% (1)
Agricultural Food & other Products
0.3% (1)
Healthcare Services
0.2% (1)
Non - Ferrous Metals
0.0% (1)
Industrial Products
0.0% (1)

More comparisons for Axis Balanced Advantage

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