Axis Balanced Advantage Fund vs EDELWEISS BALANCED ADVANTAGE FUND

Axis vs Edelweiss· Portfolio Overlap Analysis

46.6%High Overlap
56 common stocksRank #13842 / 20,000

Investor takeaway: At 46.6% 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 (56)

StockWt% in Axis Balanced AdvantageWt% in EDELWEISS BALANCED ADVANTAGEOverlap
ICICI Bank Limited
Banks
5.06%4.86%4.86%
Reliance Industries Limited
Petroleum Products
5.09%4.27%4.27%
HDFC Bank Limited
Banks
5.75%3.74%3.74%
Larsen & Toubro Limited
Construction
2.97%3.08%2.97%
State Bank of India
Banks
4.33%2.85%2.85%
Infosys Limited
IT - Software
3.03%2.48%2.48%
Bharti Airtel Limited
Telecom - Services
1.80%2.86%1.80%
Bajaj Finance Limited
Finance
1.67%1.83%1.67%
Mahindra & Mahindra Limited
Automobiles
2.73%1.48%1.48%
Tata Consultancy Services Limited
IT - Software
1.37%1.41%1.37%
NTPC Limited
Power
1.73%1.10%1.10%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.19%1.10%1.10%
Titan Company Limited
Consumer Durables
0.93%1.05%0.93%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.49%0.88%0.88%
ITC Limited
Diversified FMCG
0.88%1.52%0.88%
TVS Motor Company Limited
Automobiles
0.85%2.55%0.85%
Pidilite Industries Limited
Chemicals & Petrochemicals
0.84%0.77%0.77%
Hindustan Unilever Limited
Diversified FMCG
0.78%0.77%0.77%
Tata Steel Limited
Ferrous Metals
0.67%0.78%0.67%
Britannia Industries Limited
Food Products
0.95%0.66%0.66%
Kotak Mahindra Bank Limited
Banks
1.32%0.62%0.62%
HDFC Life Insurance Company Limited
Insurance
0.67%0.56%0.56%
Tech Mahindra Limited
IT - Software
0.55%1.16%0.55%
InterGlobe Aviation Limited
Transport Services
0.78%0.50%0.50%
SBI Life Insurance Company Limited
Insurance
1.02%0.49%0.49%
Samvardhana Motherson International Limited
Auto Components
0.95%0.46%0.46%
HCL Technologies Limited
IT - Software
0.46%1.23%0.46%
Shriram Finance Limited
Finance
0.98%0.45%0.45%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.44%0.44%0.44%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.55%0.42%0.42%
Bharat Petroleum Corporation Limited
Petroleum Products
0.44%0.41%0.41%
Axis Bank Limited
Banks
0.41%1.58%0.41%
Premier Energies Limited
Electrical Equipment
0.41%0.69%0.41%
Hindalco Industries Limited
Non - Ferrous Metals
0.34%0.96%0.34%
Indian Bank
Banks
0.34%0.71%0.34%
Asian Paints Limited
Consumer Durables
0.32%0.76%0.32%
United Spirits Limited
Beverages
0.47%0.31%0.31%
Eternal Limited
Retailing
0.30%0.70%0.30%
Jyoti CNC Automation Ltd
Industrial Manufacturing
0.29%0.50%0.29%
Bajaj Auto Limited
Automobiles
0.41%0.28%0.28%
UltraTech Cement Limited
Cement & Cement Products
0.28%0.88%0.28%
REC Limited
Finance
0.27%0.40%0.27%
Dixon Technologies (India) Limited
Consumer Durables
0.25%0.26%0.25%
The Phoenix Mills Limited
Realty
0.60%0.24%0.24%
Kaynes Technology India Limited
Industrial Manufacturing
0.18%0.39%0.18%
Avenue Supermarts Limited
Retailing
0.18%0.70%0.18%
Brigade Enterprises Limited
Realty
0.16%0.25%0.16%
Oil & Natural Gas Corporation Limited
Oil
0.15%0.43%0.15%
Bharat Heavy Electricals Limited
Electrical Equipment
0.12%0.40%0.12%
Mphasis Limited
IT - Software
0.11%0.48%0.11%
Lupin Limited
Pharmaceuticals & Biotechnology
0.06%0.83%0.06%
PI Industries Limited
Fertilizers & Agrochemicals
0.28%0.05%0.05%
Bajaj Finserv Limited
Finance
0.05%0.59%0.05%
Indus Towers Limited
Telecom - Services
0.03%1.10%0.03%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.00%1.05%0.00%
Cholamandalam Investment and Finance Company Ltd
Finance
0.00%1.10%0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to EDELWEISS BALANCED ADVANTAGE

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
12.8% (6)
IT - Software
5.0% (5)
Petroleum Products
4.7% (2)
Construction
3.0% (1)
Automobiles
2.6% (3)
Finance
2.4% (5)
Telecom - Services
1.8% (2)
Diversified FMCG
1.6% (2)
Pharmaceuticals & Biotechnology
1.6% (4)
Consumer Durables
1.5% (3)
Power
1.1% (1)
Insurance
1.1% (2)
Electrical Equipment
0.9% (3)
Healthcare Services
0.9% (1)
Chemicals & Petrochemicals
0.8% (1)
Ferrous Metals
0.7% (1)
Food Products
0.7% (1)
Transport Services
0.5% (1)
Retailing
0.5% (2)
Industrial Manufacturing
0.5% (2)
Auto Components
0.5% (1)
Realty
0.4% (2)
Non - Ferrous Metals
0.3% (1)
Beverages
0.3% (1)
Cement & Cement Products
0.3% (1)
Oil
0.1% (1)
Fertilizers & Agrochemicals
0.1% (1)

More comparisons for Axis Balanced Advantage

More comparisons for EDELWEISS BALANCED ADVANTAGE

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