Axis Balanced Advantage Fund vs NIPPON INDIA BALANCED ADVANTAGE FUND

Axis vs Nippon· Portfolio Overlap Analysis

43.7%High Overlap

46 common stocksRank #18086 / 20,000

Investor takeaway: At 43.7% 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 (46)

Stock	Wt% in Axis Balanced Advantage	Wt% in NIPPON INDIA BALANCED ADVANTAG	Overlap
ICICI Bank Limited Banks	5.06%	5.35%	5.06%
HDFC Bank Limited Banks	5.75%	3.91%	3.91%
State Bank of India Banks	4.33%	3.43%	3.43%
Reliance Industries Limited Petroleum Products	5.09%	2.66%	2.66%
Infosys Limited IT - Software	3.03%	2.54%	2.54%
Mahindra & Mahindra Limited Automobiles	2.73%	2.30%	2.30%
Larsen & Toubro Limited Construction	2.97%	2.00%	2.00%
Bharti Airtel Limited Telecom - Services	1.80%	2.33%	1.80%
NTPC Limited Power	1.73%	2.27%	1.73%
Bajaj Finance Limited Finance	1.67%	1.90%	1.67%
Kotak Mahindra Bank Limited Banks	1.32%	1.07%	1.07%
Samvardhana Motherson International Limited Auto Components	0.95%	1.05%	0.95%
ITC Limited Diversified FMCG	0.88%	1.16%	0.88%
Britannia Industries Limited Food Products	0.95%	0.87%	0.87%
TVS Motor Company Limited Automobiles	0.85%	1.10%	0.85%
SBI Life Insurance Company Limited Insurance	1.02%	0.84%	0.84%
Hindustan Unilever Limited Diversified FMCG	0.78%	0.90%	0.78%
InterGlobe Aviation Limited Transport Services	0.78%	0.75%	0.75%
Tata Power Company Limited Power	0.71%	0.73%	0.71%
Apollo Hospitals Enterprise Limited Healthcare Services	1.49%	0.69%	0.69%
Tata Steel Limited Ferrous Metals	0.67%	0.72%	0.67%
HDFC Life Insurance Company Limited Insurance	0.67%	0.69%	0.67%
Varun Beverages Limited Beverages	0.60%	0.61%	0.60%
LG Electronics India Ltd Consumer Durables	0.56%	0.59%	0.56%
Tech Mahindra Limited IT - Software	0.55%	0.63%	0.55%
CG Power and Industrial Solutions Limited Electrical Equipment	0.55%	0.79%	0.55%
Hindustan Aeronautics Limited Aerospace & Defense	0.52%	0.69%	0.52%
Titan Company Limited Consumer Durables	0.93%	0.46%	0.46%
Axis Bank Limited Banks	0.41%	2.41%	0.41%
Grasim Industries Limited Cement & Cement Products	0.39%	0.96%	0.39%
Bharat Electronics Limited Aerospace & Defense	0.36%	0.37%	0.36%
Knowledge Realty Trust Realty	0.33%	0.36%	0.33%
Eternal Limited Retailing	0.30%	1.02%	0.30%
Coforge Limited IT - Software	0.29%	0.47%	0.29%
Dixon Technologies (India) Limited Consumer Durables	0.25%	0.48%	0.25%
Jubilant Foodworks Limited Leisure Services	0.24%	0.38%	0.24%
Pidilite Industries Limited Chemicals & Petrochemicals	0.84%	0.23%	0.23%
United Spirits Limited Beverages	0.47%	0.21%	0.21%
Kaynes Technology India Limited Industrial Manufacturing	0.18%	0.37%	0.18%
Avenue Supermarts Limited Retailing	0.18%	0.79%	0.18%
Bharat Heavy Electricals Limited Electrical Equipment	0.12%	0.55%	0.12%
Lupin Limited Pharmaceuticals & Biotechnology	0.06%	0.95%	0.06%
Indus Towers Limited Telecom - Services	0.03%	0.26%	0.03%
Biocon Limited Pharmaceuticals & Biotechnology	0.01%	0.33%	0.01%
Cholamandalam Investment and Finance Company Ltd Finance	0.00%	0.96%	0.00%
Cummins India Limited Industrial Products	0.00%	0.66%	0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to NIPPON INDIA BALANCED ADVANTAG

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

13.9% (5)

IT - Software

3.4% (3)

Automobiles

3.1% (2)

Petroleum Products

2.7% (1)

Power

2.4% (2)

Construction

2.0% (1)

Telecom - Services

1.8% (2)

Finance

1.7% (2)

Diversified FMCG

1.7% (2)

Insurance

1.5% (2)

Consumer Durables

1.3% (3)

Auto Components

0.9% (1)

Aerospace & Defense

0.9% (2)

Food Products

0.9% (1)

Beverages

0.8% (2)

Transport Services

0.8% (1)

Healthcare Services

0.7% (1)

Ferrous Metals

0.7% (1)

Electrical Equipment

0.7% (2)

Retailing

0.5% (2)

Cement & Cement Products

0.4% (1)

Realty

0.3% (1)

Leisure Services

0.2% (1)

Chemicals & Petrochemicals

0.2% (1)

Industrial Manufacturing

0.2% (1)

Pharmaceuticals & Biotechnology

0.1% (2)

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 NIPPON INDIA BALANCED ADVANTAG

vs NIPPON INDIA RETIREMENT FUND -49.7% · 41 stocks
vs SBI BSE 100 ETF48.8% · 47 stocks
vs Nippon India Flexi Cap48.6% · 41 stocks
vs ADITYA BIRLA SUN LIFE MSCI IND48.2% · 58 stocks
vs CANARA ROBECO FLEXICAP48.2% · 36 stocks

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