Axis Balanced Advantage Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Axis vs Nippon· Portfolio Overlap Analysis

45.7%High Overlap
37 common stocksRank #14969 / 20,000

Investor takeaway: At 45.7% 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 (37)

StockWt% in Axis Balanced AdvantageWt% in NIPPON INDIA RETIREMENT FUND -Overlap
HDFC Bank Limited
Banks
5.75%7.08%5.75%
ICICI Bank Limited
Banks
5.06%7.59%5.06%
Reliance Industries Limited
Petroleum Products
5.09%4.56%4.56%
State Bank of India
Banks
4.33%3.99%3.99%
Larsen & Toubro Limited
Construction
2.97%3.62%2.97%
Infosys Limited
IT - Software
3.03%2.86%2.86%
Mahindra & Mahindra Limited
Automobiles
2.73%2.54%2.54%
Bharti Airtel Limited
Telecom - Services
1.80%2.69%1.80%
NTPC Limited
Power
1.73%2.93%1.73%
Bajaj Finance Limited
Finance
1.67%2.86%1.67%
SBI Life Insurance Company Limited
Insurance
1.02%1.95%1.02%
Samvardhana Motherson International Limited
Auto Components
0.95%1.89%0.95%
Titan Company Limited
Consumer Durables
0.93%1.38%0.93%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.49%0.87%0.87%
TVS Motor Company Limited
Automobiles
0.85%0.86%0.85%
Shriram Finance Limited
Finance
0.98%0.78%0.78%
InterGlobe Aviation Limited
Transport Services
0.78%1.54%0.78%
Britannia Industries Limited
Food Products
0.95%0.77%0.77%
Tata Power Company Limited
Power
0.71%0.72%0.71%
Varun Beverages Limited
Beverages
0.60%1.15%0.60%
Tech Mahindra Limited
IT - Software
0.55%1.84%0.55%
Hindustan Aeronautics Limited
Aerospace & Defense
0.52%1.69%0.52%
United Spirits Limited
Beverages
0.47%1.21%0.47%
Bharat Petroleum Corporation Limited
Petroleum Products
0.44%1.23%0.44%
Axis Bank Limited
Banks
0.41%3.20%0.41%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.36%0.53%0.36%
Hindalco Industries Limited
Non - Ferrous Metals
0.34%0.44%0.34%
Eternal Limited
Retailing
0.30%1.34%0.30%
Coforge Limited
IT - Software
0.29%0.34%0.29%
UltraTech Cement Limited
Cement & Cement Products
0.28%1.62%0.28%
Dixon Technologies (India) Limited
Consumer Durables
0.25%0.97%0.25%
Kaynes Technology India Limited
Industrial Manufacturing
0.18%0.65%0.18%
Info Edge (India) Limited
Retailing
0.08%0.52%0.08%
Lupin Limited
Pharmaceuticals & Biotechnology
0.06%1.32%0.06%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%1.15%0.01%
Cholamandalam Investment and Finance Company Ltd
Finance
0.00%0.96%0.00%
Cummins India Limited
Industrial Products
0.00%1.56%0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
15.2% (4)
Petroleum Products
5.0% (2)
IT - Software
3.7% (3)
Automobiles
3.4% (2)
Construction
3.0% (1)
Finance
2.5% (3)
Power
2.4% (2)
Telecom - Services
1.8% (1)
Consumer Durables
1.2% (3)
Beverages
1.1% (2)
Insurance
1.0% (1)
Auto Components
0.9% (1)
Healthcare Services
0.9% (1)
Transport Services
0.8% (1)
Food Products
0.8% (1)
Aerospace & Defense
0.5% (1)
Pharmaceuticals & Biotechnology
0.4% (2)
Retailing
0.4% (2)
Non - Ferrous Metals
0.3% (1)
Cement & Cement Products
0.3% (1)
Industrial Manufacturing
0.2% (1)
Industrial Products
0.0% (1)

More comparisons for Axis Balanced Advantage

More comparisons for NIPPON INDIA RETIREMENT FUND -

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