Axis Business Cycles Fund vs Axis Multi Asset Allocation Fund

Axis vs Axis· Portfolio Overlap Analysis

46.9%High Overlap
42 common stocksRank #13434 / 20,000

Investor takeaway: At 46.9% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (42)

StockWt% in Axis Business CyclesWt% in Axis Multi Asset AllocationOverlap
ICICI Bank Limited
Banks
7.32%5.04%5.04%
HDFC Bank Limited
Banks
3.58%7.79%3.58%
State Bank of India
Banks
3.26%3.96%3.26%
Reliance Industries Limited
Petroleum Products
2.98%3.28%2.98%
Infosys Limited
IT - Software
2.05%2.00%2.00%
Axis Bank Limited
Banks
2.37%1.87%1.87%
Larsen & Toubro Limited
Construction
3.65%1.81%1.81%
Bharti Airtel Limited
Telecom - Services
1.95%1.75%1.75%
Kotak Mahindra Bank Limited
Banks
2.72%1.30%1.30%
Mahindra & Mahindra Limited
Automobiles
2.33%1.11%1.11%
Sona BLW Precision Forgings Limited
Auto Components
1.33%1.10%1.10%
Hindustan Unilever Limited
Diversified FMCG
1.84%1.04%1.04%
Bajaj Finserv Limited
Finance
1.04%1.10%1.04%
ITC Limited
Diversified FMCG
1.02%1.49%1.02%
UltraTech Cement Limited
Cement & Cement Products
2.91%0.97%0.97%
Jindal Steel Limited
Ferrous Metals
1.13%0.97%0.97%
Tata Steel Limited
Ferrous Metals
0.98%0.89%0.89%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
1.16%0.82%0.82%
Jubilant Foodworks Limited
Leisure Services
0.82%1.05%0.82%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.05%0.81%0.81%
PI Industries Limited
Fertilizers & Agrochemicals
0.81%0.88%0.81%
One 97 Communications Limited
Financial Technology (Fintech)
1.86%0.80%0.80%
HDFC Life Insurance Company Limited
Insurance
1.70%0.78%0.78%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.77%0.82%0.77%
Tata Consultancy Services Limited
IT - Software
0.86%0.76%0.76%
Hyundai Motor India Ltd
Automobiles
1.21%0.69%0.69%
Trent Limited
Retailing
0.83%0.68%0.68%
PTC Industries Limited
Industrial Products
1.53%0.67%0.67%
Max Healthcare Institute Limited
Healthcare Services
1.20%0.61%0.61%
GE Vernova T&D India Limited
Electrical Equipment
2.16%0.60%0.60%
Endurance Technologies Limited
Auto Components
1.21%0.60%0.60%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.60%0.92%0.60%
Tenneco Clean Air India Limited
Auto Components
0.83%0.59%0.59%
Aether Industries Limited
Chemicals & Petrochemicals
1.61%0.56%0.56%
Varun Beverages Limited
Beverages
0.88%0.53%0.53%
Indus Towers Limited
Telecom - Services
0.95%0.50%0.50%
Bharat Heavy Electricals Limited
Electrical Equipment
0.79%0.46%0.46%
Eternal Limited
Retailing
0.61%0.45%0.45%
Gabriel India Limited
Auto Components
0.55%0.40%0.40%
JK Cement Limited
Cement & Cement Products
0.56%0.36%0.36%
RBL Bank Limited
Banks
0.94%0.26%0.26%
Jyothy Labs Limited
Household Products
0.32%0.20%0.20%

Unique to Axis Business Cycles

All top holdings are shared with the other fund.

Unique to Axis Multi Asset Allocation

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
15.3% (6)
Petroleum Products
3.0% (1)
IT - Software
2.8% (2)
Auto Components
2.7% (4)
Telecom - Services
2.3% (2)
Pharmaceuticals & Biotechnology
2.2% (3)
Diversified FMCG
2.1% (2)
Ferrous Metals
1.9% (2)
Construction
1.8% (1)
Automobiles
1.8% (2)
Cement & Cement Products
1.3% (2)
Retailing
1.1% (2)
Electrical Equipment
1.1% (2)
Finance
1.0% (1)
Agricultural, Commercial & Construction Vehicles
0.8% (1)
Leisure Services
0.8% (1)
Fertilizers & Agrochemicals
0.8% (1)
Financial Technology (Fintech)
0.8% (1)
Insurance
0.8% (1)
Industrial Products
0.7% (1)
Healthcare Services
0.6% (1)
Chemicals & Petrochemicals
0.6% (1)
Beverages
0.5% (1)
Household Products
0.2% (1)

More comparisons for Axis Business Cycles

More comparisons for Axis Multi Asset Allocation

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