Axis Balanced Advantage Fund vs Mirae Asset Large Cap Fund

Axis vs Mirae· Portfolio Overlap Analysis

47.7%High Overlap
43 common stocksRank #12527 / 20,000

Investor takeaway: At 47.7% 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 Mirae Asset Large CapOverlap
HDFC Bank Limited
Banks
5.75%9.54%5.75%
ICICI Bank Limited
Banks
5.06%8.49%5.06%
Reliance Industries Limited
Petroleum Products
5.09%4.99%4.99%
State Bank of India
Banks
4.33%3.66%3.66%
Infosys Limited
IT - Software
3.03%4.28%3.03%
Larsen & Toubro Limited
Construction
2.97%3.99%2.97%
Mahindra & Mahindra Limited
Automobiles
2.73%2.05%2.05%
Bharti Airtel Limited
Telecom - Services
1.80%4.55%1.80%
NTPC Limited
Power
1.73%1.45%1.45%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.49%1.45%1.45%
Tata Consultancy Services Limited
IT - Software
1.37%2.94%1.37%
Kotak Mahindra Bank Limited
Banks
1.32%1.75%1.32%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.19%1.37%1.19%
SBI Life Insurance Company Limited
Insurance
1.02%1.02%1.02%
Britannia Industries Limited
Food Products
0.95%1.16%0.95%
Titan Company Limited
Consumer Durables
0.93%0.99%0.93%
ITC Limited
Diversified FMCG
0.88%3.12%0.88%
Bajaj Finance Limited
Finance
1.67%0.84%0.84%
Hindustan Unilever Limited
Diversified FMCG
0.78%0.92%0.78%
Shriram Finance Limited
Finance
0.98%0.77%0.77%
Pidilite Industries Limited
Chemicals & Petrochemicals
0.84%0.60%0.60%
Varun Beverages Limited
Beverages
0.60%1.37%0.60%
InterGlobe Aviation Limited
Transport Services
0.78%0.50%0.50%
Sona BLW Precision Forgings Limited
Auto Components
0.48%0.77%0.48%
Axis Bank Limited
Banks
0.41%3.62%0.41%
LG Electronics India Ltd
Consumer Durables
0.56%0.37%0.37%
Bharat Electronics Limited
Aerospace & Defense
0.36%0.36%0.36%
Asian Paints Limited
Consumer Durables
0.32%1.41%0.32%
Eternal Limited
Retailing
0.30%2.47%0.30%
UltraTech Cement Limited
Cement & Cement Products
0.28%0.26%0.26%
Eicher Motors Limited
Automobiles
0.26%1.18%0.26%
Tata Steel Limited
Ferrous Metals
0.67%0.19%0.19%
Avenue Supermarts Limited
Retailing
0.18%0.50%0.18%
DLF Limited
Realty
0.18%0.30%0.18%
Oil & Natural Gas Corporation Limited
Oil
0.15%0.57%0.15%
Mphasis Limited
IT - Software
0.11%0.58%0.11%
Titagarh Rail Systems Limited
Industrial Manufacturing
0.06%0.23%0.06%
IndusInd Bank Limited
Banks
0.06%0.81%0.06%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.57%0.01%0.01%
Biocon Limited
Pharmaceuticals & Biotechnology
0.01%0.51%0.01%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.40%0.01%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.44%0.00%0.00%
Cipla Limited
Pharmaceuticals & Biotechnology
0.29%0.00%0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to Mirae Asset Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
16.3% (6)
Petroleum Products
5.0% (1)
IT - Software
4.5% (3)
Construction
3.0% (1)
Automobiles
2.3% (2)
Telecom - Services
1.8% (1)
Diversified FMCG
1.7% (2)
Consumer Durables
1.6% (4)
Finance
1.6% (2)
Power
1.4% (1)
Healthcare Services
1.4% (1)
Pharmaceuticals & Biotechnology
1.2% (5)
Insurance
1.0% (1)
Food Products
0.9% (1)
Chemicals & Petrochemicals
0.6% (1)
Beverages
0.6% (1)
Transport Services
0.5% (1)
Auto Components
0.5% (1)
Retailing
0.5% (2)
Aerospace & Defense
0.4% (1)
Cement & Cement Products
0.3% (1)
Ferrous Metals
0.2% (1)
Realty
0.2% (1)
Oil
0.1% (1)
Industrial Manufacturing
0.1% (1)

More comparisons for Axis Balanced Advantage

More comparisons for Mirae Asset Large Cap

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