Axis Business Cycles Fund vs Axis Value Fund

Axis vs Axis· Portfolio Overlap Analysis

50.6%High Overlap

39 common stocksRank #9454 / 20,000

Investor takeaway: At 50.6% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (39)

Stock	Wt% in Axis Business Cycles	Wt% in Axis Value	Overlap
ICICI Bank Limited Banks	7.32%	6.11%	6.11%
HDFC Bank Limited Banks	3.58%	6.00%	3.58%
State Bank of India Banks	3.26%	3.90%	3.26%
Reliance Industries Limited Petroleum Products	2.98%	4.25%	2.98%
Larsen & Toubro Limited Construction	3.65%	2.42%	2.42%
Mahindra & Mahindra Limited Automobiles	2.33%	2.21%	2.21%
Infosys Limited IT - Software	2.05%	2.60%	2.05%
Bharti Airtel Limited Telecom - Services	1.95%	2.65%	1.95%
Shriram Finance Limited Finance	1.55%	2.21%	1.55%
Kotak Mahindra Bank Limited Banks	2.72%	1.51%	1.51%
GE Vernova T&D India Limited Electrical Equipment	2.16%	1.44%	1.44%
UltraTech Cement Limited Cement & Cement Products	2.91%	1.33%	1.33%
Sona BLW Precision Forgings Limited Auto Components	1.33%	1.33%	1.33%
HDFC Life Insurance Company Limited Insurance	1.70%	1.16%	1.16%
IndusInd Bank Limited Banks	1.73%	1.02%	1.02%
Jindal Steel Limited Ferrous Metals	1.13%	1.02%	1.02%
NTPC Limited Power	1.01%	2.62%	1.01%
Hyundai Motor India Ltd Automobiles	1.21%	0.98%	0.98%
City Union Bank Limited Banks	1.06%	0.94%	0.94%
RBL Bank Limited Banks	0.94%	1.16%	0.94%
Indus Towers Limited Telecom - Services	0.95%	0.91%	0.91%
Varun Beverages Limited Beverages	0.88%	0.90%	0.88%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	1.05%	0.87%	0.87%
Bajaj Finserv Limited Finance	1.04%	0.84%	0.84%
Ashok Leyland Limited Agricultural, Commercial & Construction Vehicles	1.16%	0.82%	0.82%
Bharat Heavy Electricals Limited Electrical Equipment	0.79%	0.88%	0.79%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.77%	1.84%	0.77%
Jyoti CNC Automation Ltd Industrial Manufacturing	1.39%	0.69%	0.69%
CG Power and Industrial Solutions Limited Electrical Equipment	1.32%	0.67%	0.67%
Tata Consultancy Services Limited IT - Software	0.86%	0.67%	0.67%
Solar Industries India Limited Chemicals & Petrochemicals	1.13%	0.57%	0.57%
ITC Limited Diversified FMCG	1.02%	0.53%	0.53%
Vijaya Diagnostic Centre Limited Healthcare Services	0.64%	0.53%	0.53%
Vishal Mega Mart Limited Retailing	1.34%	0.52%	0.52%
Gabriel India Limited Auto Components	0.55%	0.42%	0.42%
Healthcare Global Enterprises Limited Healthcare Services	0.50%	0.41%	0.41%
Tata Steel Limited Ferrous Metals	0.98%	0.39%	0.39%
Brigade Enterprises Limited Realty	0.80%	0.27%	0.27%
K.P.R. Mill Limited Textiles & Apparels	0.61%	0.22%	0.22%

Unique to Axis Business Cycles

Axis Bank Limited2.37%

Unique to Axis Value

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

17.4% (7)

Automobiles

3.2% (2)

Petroleum Products

3.0% (1)

Electrical Equipment

2.9% (3)

Telecom - Services

2.9% (2)

IT - Software

2.7% (2)

Construction

2.4% (1)

Finance

2.4% (2)

Auto Components

1.8% (2)

Pharmaceuticals & Biotechnology

1.6% (2)

Ferrous Metals

1.4% (2)

Cement & Cement Products

1.3% (1)

Insurance

1.2% (1)

Power

1.0% (1)

Healthcare Services

0.9% (2)

Beverages

0.9% (1)

Agricultural, Commercial & Construction Vehicles

0.8% (1)

Industrial Manufacturing

0.7% (1)

Chemicals & Petrochemicals

0.6% (1)

Diversified FMCG

0.5% (1)

Retailing

0.5% (1)

Realty

0.3% (1)

Textiles & Apparels

0.2% (1)

More comparisons for Axis Business Cycles

vs Axis ELSS Tax Saver53.6% · 41 stocks
vs CANARA ROBECO LARGE CAP49.2% · 29 stocks
vs CANARA ROBECO FLEXICAP47.8% · 32 stocks
vs Axis Multi Asset Allocation46.9% · 42 stocks
vs ET46.4% · 31 stocks

More comparisons for Axis Value

vs Axis Multicap64.1% · 71 stocks
vs Axis Large & Mid Cap56.8% · 55 stocks
vs Axis Retirement Fund - Dynamic55.2% · 50 stocks
vs Axis ELSS Tax Saver53.9% · 46 stocks
vs EDELWEISS ELSS TAX SAVER53.4% · 47 stocks

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