Axis Balanced Advantage Fund vs Mahindra Manulife Large Cap Fund

Axis vs Mahindra· Portfolio Overlap Analysis

45.2%High Overlap

35 common stocksRank #15858 / 20,000

Investor takeaway: At 45.2% 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 Mahindra Manulife Large Cap	Overlap
HDFC Bank Limited Banks	5.75%	8.55%	5.75%
Reliance Industries Limited Petroleum Products	5.09%	7.77%	5.09%
ICICI Bank Limited Banks	5.06%	9.06%	5.06%
State Bank of India Banks	4.33%	3.83%	3.83%
Infosys Limited IT - Software	3.03%	4.41%	3.03%
Larsen & Toubro Limited Construction	2.97%	4.33%	2.97%
Mahindra & Mahindra Limited Automobiles	2.73%	2.62%	2.62%
Bharti Airtel Limited Telecom - Services	1.80%	3.90%	1.80%
NTPC Limited Power	1.73%	2.17%	1.73%
Tata Consultancy Services Limited IT - Software	1.37%	3.29%	1.37%
Kotak Mahindra Bank Limited Banks	1.32%	1.77%	1.32%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.19%	1.08%	1.08%
Shriram Finance Limited Finance	0.98%	1.80%	0.98%
Britannia Industries Limited Food Products	0.95%	1.42%	0.95%
Titan Company Limited Consumer Durables	0.93%	1.89%	0.93%
TVS Motor Company Limited Automobiles	0.85%	1.39%	0.85%
Pidilite Industries Limited Chemicals & Petrochemicals	0.84%	1.41%	0.84%
Hindustan Unilever Limited Diversified FMCG	0.78%	3.00%	0.78%
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles	0.64%	1.45%	0.64%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.57%	0.87%	0.57%
LG Electronics India Ltd Consumer Durables	0.56%	0.65%	0.56%
Tech Mahindra Limited IT - Software	0.55%	1.55%	0.55%
Axis Bank Limited Banks	0.41%	4.28%	0.41%
Grasim Industries Limited Cement & Cement Products	0.39%	1.75%	0.39%
Jubilant Foodworks Limited Leisure Services	0.24%	0.88%	0.24%
Avenue Supermarts Limited Retailing	0.18%	1.46%	0.18%
DLF Limited Realty	0.18%	0.79%	0.18%
Oil & Natural Gas Corporation Limited Oil	0.15%	1.46%	0.15%
Info Edge (India) Limited Retailing	0.08%	0.78%	0.08%
Power Grid Corporation of India Limited Power	0.06%	0.49%	0.06%
IndusInd Bank Limited Banks	0.06%	1.44%	0.06%
Bajaj Finserv Limited Finance	0.05%	4.73%	0.05%
ICICI Prudential Life Insurance Company Limited Insurance	0.03%	1.48%	0.03%
Indus Towers Limited Telecom - Services	0.03%	1.29%	0.03%
Cummins India Limited Industrial Products	0.00%	0.47%	0.00%

Unique to Axis Balanced Advantage

Bajaj Finance Limited1.67%

Unique to Mahindra Manulife Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

16.4% (6)

Petroleum Products

5.1% (1)

IT - Software

5.0% (3)

Automobiles

3.5% (2)

Construction

3.0% (1)

Telecom - Services

1.8% (2)

Power

1.8% (2)

Pharmaceuticals & Biotechnology

1.6% (2)

Consumer Durables

1.5% (2)

Finance

1.0% (2)

Food Products

0.9% (1)

Chemicals & Petrochemicals

0.8% (1)

Diversified FMCG

0.8% (1)

Agricultural, Commercial & Construction Vehicles

0.6% (1)

Cement & Cement Products

0.4% (1)

Retailing

0.3% (2)

Leisure Services

0.2% (1)

Realty

0.2% (1)

Oil

0.1% (1)

Insurance

0.0% (1)

Industrial Products

0.0% (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 Mahindra Manulife Large Cap

vs Mahindra Manulife Flexi Cap64.6% · 31 stocks
vs HDFC NIFTY 50 ETF64.1% · 23 stocks
vs HDFC Nifty 50 Index64.1% · 23 stocks
vs ICICI Prudential Nifty 50 ETF64.1% · 23 stocks
vs Mirae Asset Nifty 50 ETF64.1% · 23 stocks

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