Axis Business Cycles Fund vs Axis ELSS Tax Saver Fund

Axis vs Axis· Portfolio Overlap Analysis

53.6%High Overlap
41 common stocksRank #7453 / 20,000

Investor takeaway: At 53.6% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (41)

StockWt% in Axis Business CyclesWt% in Axis ELSS Tax SaverOverlap
ICICI Bank Limited
Banks
7.32%7.31%7.31%
HDFC Bank Limited
Banks
3.58%6.54%3.58%
State Bank of India
Banks
3.26%2.99%2.99%
Larsen & Toubro Limited
Construction
3.65%2.97%2.97%
Reliance Industries Limited
Petroleum Products
2.98%2.82%2.82%
Mahindra & Mahindra Limited
Automobiles
2.33%2.61%2.33%
UltraTech Cement Limited
Cement & Cement Products
2.91%2.20%2.20%
Infosys Limited
IT - Software
2.05%3.38%2.05%
Bharti Airtel Limited
Telecom - Services
1.95%3.71%1.95%
Kotak Mahindra Bank Limited
Banks
2.72%1.92%1.92%
Axis Bank Limited
Banks
2.37%1.65%1.65%
Shriram Finance Limited
Finance
1.55%1.60%1.55%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.32%1.67%1.32%
HDFC Life Insurance Company Limited
Insurance
1.70%1.22%1.22%
Sona BLW Precision Forgings Limited
Auto Components
1.33%1.03%1.03%
Hindustan Unilever Limited
Diversified FMCG
1.84%1.02%1.02%
Cummins India Limited
Industrial Products
1.60%1.00%1.00%
Hyundai Motor India Ltd
Automobiles
1.21%0.99%0.99%
Vishal Mega Mart Limited
Retailing
1.34%0.98%0.98%
Tata Steel Limited
Ferrous Metals
0.98%1.04%0.98%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
1.32%0.94%0.94%
Tata Consultancy Services Limited
IT - Software
0.86%1.67%0.86%
GE Vernova T&D India Limited
Electrical Equipment
2.16%0.83%0.83%
Max Healthcare Institute Limited
Healthcare Services
1.20%0.81%0.81%
PI Industries Limited
Fertilizers & Agrochemicals
0.81%1.62%0.81%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.77%1.23%0.77%
Varun Beverages Limited
Beverages
0.88%0.73%0.73%
Eternal Limited
Retailing
0.61%2.15%0.61%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.60%2.21%0.60%
Solar Industries India Limited
Chemicals & Petrochemicals
1.13%0.59%0.59%
Jindal Steel Limited
Ferrous Metals
1.13%0.55%0.55%
Trent Limited
Retailing
0.83%0.49%0.49%
Bharat Heavy Electricals Limited
Electrical Equipment
0.79%0.48%0.48%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.05%0.44%0.44%
Bajaj Finserv Limited
Finance
1.04%0.44%0.44%
Tenneco Clean Air India Limited
Auto Components
0.83%0.41%0.41%
Delhivery Limited
Transport Services
1.17%0.34%0.34%
Jyoti CNC Automation Ltd
Industrial Manufacturing
1.39%0.32%0.32%
Anthem Biosciences Limited
Pharmaceuticals & Biotechnology
0.62%0.32%0.32%
ITC Limited
Diversified FMCG
1.02%0.24%0.24%
ICICI Prudential Asset Management Company Limited
Capital Markets
0.14%0.23%0.14%

Unique to Axis Business Cycles

All top holdings are shared with the other fund.

Unique to Axis ELSS Tax Saver

  • Bajaj Finance Limited3.34%
  • Pidilite Industries Limited2.25%

Sector Overlap Breakdown

Banks
17.4% (5)
Automobiles
3.3% (2)
Pharmaceuticals & Biotechnology
3.1% (5)
Construction
3.0% (1)
IT - Software
2.9% (2)
Petroleum Products
2.8% (1)
Electrical Equipment
2.6% (3)
Cement & Cement Products
2.2% (1)
Retailing
2.1% (3)
Finance
2.0% (2)
Telecom - Services
1.9% (1)
Ferrous Metals
1.5% (2)
Auto Components
1.4% (2)
Diversified FMCG
1.3% (2)
Insurance
1.2% (1)
Industrial Products
1.0% (1)
Healthcare Services
0.8% (1)
Fertilizers & Agrochemicals
0.8% (1)
Beverages
0.7% (1)
Chemicals & Petrochemicals
0.6% (1)
Transport Services
0.3% (1)
Industrial Manufacturing
0.3% (1)
Capital Markets
0.1% (1)

More comparisons for Axis Business Cycles

More comparisons for Axis ELSS Tax Saver

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