Axis Balanced Advantage Fund vs IB11-Groww ELSS Tax Saver Fund
Axis vs Groww· Portfolio Overlap Analysis
44.0%High Overlap
35 common stocksRank #17507 / 20,000
Investor takeaway: At 44.0% 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 (35)
| Stock | Wt% in Axis Balanced Advantage | Wt% in IB11-Groww ELSS Tax Saver | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 5.75% | 8.05% | 5.75% |
Reliance Industries Limited Petroleum Products | 5.09% | 5.46% | 5.09% |
ICICI Bank Limited Banks | 5.06% | 5.75% | 5.06% |
State Bank of India Banks | 4.33% | 3.53% | 3.53% |
Larsen & Toubro Limited Construction | 2.97% | 3.35% | 2.97% |
Infosys Limited IT - Software | 3.03% | 2.49% | 2.49% |
Mahindra & Mahindra Limited Automobiles | 2.73% | 2.35% | 2.35% |
Bharti Airtel Limited Telecom - Services | 1.80% | 3.23% | 1.80% |
Bajaj Finance Limited Finance | 1.67% | 1.67% | 1.67% |
Kotak Mahindra Bank Limited Banks | 1.32% | 2.23% | 1.32% |
Tata Consultancy Services Limited IT - Software | 1.37% | 1.08% | 1.08% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.19% | 1.04% | 1.04% |
Shriram Finance Limited Finance | 0.98% | 1.36% | 0.98% |
Titan Company Limited Consumer Durables | 0.93% | 1.27% | 0.93% |
ITC Limited Diversified FMCG | 0.88% | 1.54% | 0.88% |
TVS Motor Company Limited Automobiles | 0.85% | 1.36% | 0.85% |
Hindustan Unilever Limited Diversified FMCG | 0.78% | 1.29% | 0.78% |
InterGlobe Aviation Limited Transport Services | 0.78% | 1.50% | 0.78% |
NTPC Limited Power | 1.73% | 0.70% | 0.70% |
Tata Steel Limited Ferrous Metals | 0.67% | 1.56% | 0.67% |
HCL Technologies Limited IT - Software | 0.46% | 0.50% | 0.46% |
Axis Bank Limited Banks | 0.41% | 2.60% | 0.41% |
Grasim Industries Limited Cement & Cement Products | 0.39% | 1.14% | 0.39% |
The Phoenix Mills Limited Realty | 0.60% | 0.34% | 0.34% |
Hindalco Industries Limited Non - Ferrous Metals | 0.34% | 1.66% | 0.34% |
Eternal Limited Retailing | 0.30% | 1.15% | 0.30% |
UltraTech Cement Limited Cement & Cement Products | 0.28% | 1.00% | 0.28% |
Eicher Motors Limited Automobiles | 0.26% | 1.00% | 0.26% |
Max Healthcare Institute Limited Healthcare Services | 0.17% | 0.68% | 0.17% |
The Federal Bank Limited Banks | 0.09% | 2.11% | 0.09% |
Tata Motors Passenger Vehicles Limited Automobiles | 0.08% | 0.63% | 0.08% |
Info Edge (India) Limited Retailing | 0.08% | 0.86% | 0.08% |
Lupin Limited Pharmaceuticals & Biotechnology | 0.06% | 1.12% | 0.06% |
Laurus Labs Limited Pharmaceuticals & Biotechnology | 0.03% | 1.17% | 0.03% |
Godrej Properties Limited Realty | 0.01% | 0.96% | 0.01% |
Unique to Axis Balanced Advantage
All top holdings are shared with the other fund.
Unique to IB11-Groww ELSS Tax Saver
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks16.2% (6)
Petroleum Products5.1% (1)
IT - Software4.0% (3)
Automobiles3.5% (4)
Construction3.0% (1)
Finance2.6% (2)
Telecom - Services1.8% (1)
Diversified FMCG1.7% (2)
Pharmaceuticals & Biotechnology1.1% (3)
Consumer Durables0.9% (1)
Transport Services0.8% (1)
Power0.7% (1)
Ferrous Metals0.7% (1)
Cement & Cement Products0.7% (2)
Retailing0.4% (2)
Realty0.3% (2)
Non - Ferrous Metals0.3% (1)
Healthcare Services0.2% (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 IB11-Groww ELSS Tax Saver
- vs SBI BSE 100 ETF64.0% · 42 stocks
- vs IB33-GROWW NIFTY 200 ETF61.9% · 54 stocks
- vs Parag Parikh Large Cap61.9% · 35 stocks
- vs Axis Nifty 100 Index61.8% · 35 stocks
- vs HDFC NIFTY 100 ETF61.8% · 35 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.