Axis Balanced Advantage Fund vs ET

Axis vs Canara Robeco· Portfolio Overlap Analysis

46.9%High Overlap
44 common stocksRank #13435 / 20,000

Investor takeaway: At 46.9% 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 (44)

StockWt% in Axis Balanced AdvantageWt% in ETOverlap
HDFC Bank Limited
Banks
5.75%7.19%5.75%
ICICI Bank Limited
Banks
5.06%6.76%5.06%
Reliance Industries Limited
Petroleum Products
5.09%3.98%3.98%
State Bank of India
Banks
4.33%3.78%3.78%
Infosys Limited
IT - Software
3.03%3.22%3.03%
Larsen & Toubro Limited
Construction
2.97%3.42%2.97%
Bharti Airtel Limited
Telecom - Services
1.80%3.12%1.80%
Bajaj Finance Limited
Finance
1.67%2.64%1.67%
NTPC Limited
Power
1.73%1.38%1.38%
Mahindra & Mahindra Limited
Automobiles
2.73%1.24%1.24%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.19%1.18%1.18%
Samvardhana Motherson International Limited
Auto Components
0.95%1.82%0.95%
Titan Company Limited
Consumer Durables
0.93%1.14%0.93%
ITC Limited
Diversified FMCG
0.88%1.11%0.88%
Tata Consultancy Services Limited
IT - Software
1.37%0.86%0.86%
TVS Motor Company Limited
Automobiles
0.85%1.47%0.85%
InterGlobe Aviation Limited
Transport Services
0.78%1.44%0.78%
Tata Power Company Limited
Power
0.71%0.98%0.71%
Doms Industries Limited
Household Products
0.67%0.96%0.67%
HDFC Life Insurance Company Limited
Insurance
0.67%0.85%0.67%
Varun Beverages Limited
Beverages
0.60%1.09%0.60%
The Phoenix Mills Limited
Realty
0.60%0.90%0.60%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.57%1.82%0.57%
Tech Mahindra Limited
IT - Software
0.55%0.70%0.55%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.55%1.35%0.55%
Britannia Industries Limited
Food Products
0.95%0.54%0.54%
Hindustan Aeronautics Limited
Aerospace & Defense
0.52%0.85%0.52%
United Spirits Limited
Beverages
0.47%0.89%0.47%
HCL Technologies Limited
IT - Software
0.46%0.84%0.46%
Axis Bank Limited
Banks
0.41%2.76%0.41%
Bajaj Auto Limited
Automobiles
0.41%0.83%0.41%
PNB Housing Finance Limited
Finance
0.37%0.98%0.37%
Bharat Electronics Limited
Aerospace & Defense
0.36%1.02%0.36%
Eternal Limited
Retailing
0.30%1.63%0.30%
UltraTech Cement Limited
Cement & Cement Products
0.28%1.76%0.28%
Jubilant Foodworks Limited
Leisure Services
0.24%0.50%0.24%
Max Healthcare Institute Limited
Healthcare Services
0.17%0.70%0.17%
UNO Minda Limited
Auto Components
0.13%0.97%0.13%
Wework India Management Limited
Commercial Services & Supplies
0.10%0.44%0.10%
Info Edge (India) Limited
Retailing
0.08%0.68%0.08%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.63%0.01%
Coal India Limited
Consumable Fuels
0.00%1.27%0.00%
Cholamandalam Investment and Finance Company Ltd
Finance
0.00%0.75%0.00%
Cummins India Limited
Industrial Products
0.00%1.09%0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to ET

  • Ge Vernova T&D India Ltd2.31%

Sector Overlap Breakdown

Banks
15.0% (4)
IT - Software
4.9% (4)
Petroleum Products
4.0% (1)
Construction
3.0% (1)
Automobiles
2.5% (3)
Power
2.1% (2)
Finance
2.0% (3)
Telecom - Services
1.8% (1)
Pharmaceuticals & Biotechnology
1.8% (2)
Auto Components
1.1% (2)
Beverages
1.1% (2)
Consumer Durables
0.9% (2)
Diversified FMCG
0.9% (1)
Aerospace & Defense
0.9% (2)
Transport Services
0.8% (1)
Household Products
0.7% (1)
Insurance
0.7% (1)
Realty
0.6% (1)
Electrical Equipment
0.6% (1)
Food Products
0.5% (1)
Retailing
0.4% (2)
Cement & Cement Products
0.3% (1)
Leisure Services
0.2% (1)
Healthcare Services
0.2% (1)
Commercial Services & Supplies
0.1% (1)
Consumable Fuels
0.0% (1)
Industrial Products
0.0% (1)

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