Axis Balanced Advantage Fund vs Parag Parikh Large Cap Fund

Axis vs PPFAS· Portfolio Overlap Analysis

54.5%High Overlap

59 common stocksRank #7045 / 20,000

Investor takeaway: At 54.5% 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 (59)

Stock	Wt% in Axis Balanced Advantage	Wt% in Parag Parikh Large Cap	Overlap
HDFC Bank Limited Banks	5.75%	9.77%	5.75%
Reliance Industries Limited Petroleum Products	5.09%	6.82%	5.09%
ICICI Bank Limited Banks	5.06%	7.17%	5.06%
State Bank of India Banks	4.33%	3.61%	3.61%
Infosys Limited IT - Software	3.03%	3.30%	3.03%
Larsen & Toubro Limited Construction	2.97%	3.64%	2.97%
Mahindra & Mahindra Limited Automobiles	2.73%	2.20%	2.20%
Bharti Airtel Limited Telecom - Services	1.80%	3.79%	1.80%
Bajaj Finance Limited Finance	1.67%	1.92%	1.67%
Tata Consultancy Services Limited IT - Software	1.37%	1.95%	1.37%
Kotak Mahindra Bank Limited Banks	1.32%	2.25%	1.32%
NTPC Limited Power	1.73%	1.31%	1.31%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.19%	1.33%	1.19%
Shriram Finance Limited Finance	0.98%	1.10%	0.98%
Titan Company Limited Consumer Durables	0.93%	1.29%	0.93%
ITC Limited Diversified FMCG	0.88%	2.19%	0.88%
Hindustan Unilever Limited Diversified FMCG	0.78%	1.50%	0.78%
InterGlobe Aviation Limited Transport Services	0.78%	0.79%	0.78%
Tata Steel Limited Ferrous Metals	0.67%	1.27%	0.67%
SBI Life Insurance Company Limited Insurance	1.02%	0.66%	0.66%
TVS Motor Company Limited Automobiles	0.85%	0.66%	0.66%
Apollo Hospitals Enterprise Limited Healthcare Services	1.49%	0.58%	0.58%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.57%	0.59%	0.57%
HDFC Life Insurance Company Limited Insurance	0.67%	0.56%	0.56%
Tech Mahindra Limited IT - Software	0.55%	0.62%	0.55%
Hindustan Aeronautics Limited Aerospace & Defense	0.52%	0.54%	0.52%
Britannia Industries Limited Food Products	0.95%	0.51%	0.51%
Tata Power Company Limited Power	0.71%	0.46%	0.46%
HCL Technologies Limited IT - Software	0.46%	1.06%	0.46%
Varun Beverages Limited Beverages	0.60%	0.45%	0.45%
Bharat Petroleum Corporation Limited Petroleum Products	0.44%	0.54%	0.44%
Samvardhana Motherson International Limited Auto Components	0.95%	0.43%	0.43%
Axis Bank Limited Banks	0.41%	2.91%	0.41%
Bajaj Auto Limited Automobiles	0.41%	0.80%	0.41%
Grasim Industries Limited Cement & Cement Products	0.39%	0.78%	0.39%
CG Power and Industrial Solutions Limited Electrical Equipment	0.55%	0.36%	0.36%
Bharat Electronics Limited Aerospace & Defense	0.36%	1.15%	0.36%
Pidilite Industries Limited Chemicals & Petrochemicals	0.84%	0.34%	0.34%
Hindalco Industries Limited Non - Ferrous Metals	0.34%	0.97%	0.34%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.44%	0.33%	0.33%
Asian Paints Limited Consumer Durables	0.32%	0.78%	0.32%
United Spirits Limited Beverages	0.47%	0.30%	0.30%
Eternal Limited Retailing	0.30%	1.28%	0.30%
Cipla Limited Pharmaceuticals & Biotechnology	0.29%	0.55%	0.29%
UltraTech Cement Limited Cement & Cement Products	0.28%	1.09%	0.28%
Tata Consumer Products Limited Agricultural Food & other Products	0.27%	0.54%	0.27%
REC Limited Finance	0.27%	0.32%	0.27%
Eicher Motors Limited Automobiles	0.26%	0.80%	0.26%
Avenue Supermarts Limited Retailing	0.18%	0.41%	0.18%
DLF Limited Realty	0.18%	0.28%	0.18%
Max Healthcare Institute Limited Healthcare Services	0.17%	0.59%	0.17%
Oil & Natural Gas Corporation Limited Oil	0.15%	0.79%	0.15%
Tata Motors Passenger Vehicles Limited Automobiles	0.08%	0.58%	0.08%
Info Edge (India) Limited Retailing	0.08%	0.29%	0.08%
Power Grid Corporation of India Limited Power	0.06%	0.98%	0.06%
Bajaj Finserv Limited Finance	0.05%	0.83%	0.05%
Bank of Baroda Banks	0.04%	0.43%	0.04%
Coal India Limited Consumable Fuels	0.00%	0.71%	0.00%
Cholamandalam Investment and Finance Company Ltd Finance	0.00%	0.53%	0.00%

Unique to Axis Balanced Advantage

All top holdings are shared with the other fund.

Unique to Parag Parikh Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

16.2% (6)

Petroleum Products

5.5% (2)

IT - Software

5.4% (4)

Automobiles

3.6% (5)

Construction

3.0% (1)

Finance

3.0% (5)

Pharmaceuticals & Biotechnology

2.4% (4)

Power

1.8% (3)

Telecom - Services

1.8% (1)

Diversified FMCG

1.7% (2)

Consumer Durables

1.3% (2)

Insurance

1.2% (2)

Aerospace & Defense

0.9% (2)

Transport Services

0.8% (1)

Healthcare Services

0.8% (2)

Beverages

0.8% (2)

Ferrous Metals

0.7% (1)

Cement & Cement Products

0.7% (2)

Retailing

0.6% (3)

Food Products

0.5% (1)

Auto Components

0.4% (1)

Electrical Equipment

0.4% (1)

Chemicals & Petrochemicals

0.3% (1)

Non - Ferrous Metals

0.3% (1)

Agricultural Food & other Products

0.3% (1)

Realty

0.2% (1)

Oil

0.1% (1)

Consumable Fuels

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 Parag Parikh Large Cap

vs HDFC NIFTY 100 ETF99.8% · 100 stocks
vs ICICI Prudential Nifty 100 ETF99.8% · 100 stocks
vs Axis Nifty 100 Index99.7% · 100 stocks
vs Nippon India ETF Nifty 10099.7% · 100 stocks
vs HDFC NIFTY 100 Index99.7% · 100 stocks

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