Axis Business Cycles Fund vs EDELWEISS ELSS TAX SAVER FUND

Axis vs Edelweiss· Portfolio Overlap Analysis

44.6%High Overlap

36 common stocksRank #16763 / 20,000

Investor takeaway: At 44.6% 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 (36)

Stock	Wt% in Axis Business Cycles	Wt% in EDELWEISS ELSS TAX SAVER	Overlap
HDFC Bank Limited Banks	3.58%	5.05%	3.58%
Larsen & Toubro Limited Construction	3.65%	3.26%	3.26%
ICICI Bank Limited Banks	7.32%	3.21%	3.21%
State Bank of India Banks	3.26%	3.05%	3.05%
Reliance Industries Limited Petroleum Products	2.98%	4.91%	2.98%
Bharti Airtel Limited Telecom - Services	1.95%	3.59%	1.95%
Mahindra & Mahindra Limited Automobiles	2.33%	1.88%	1.88%
Infosys Limited IT - Software	2.05%	1.63%	1.63%
Shriram Finance Limited Finance	1.55%	1.45%	1.45%
BSE Limited Capital Markets	1.42%	2.15%	1.42%
Axis Bank Limited Banks	2.37%	1.32%	1.32%
UltraTech Cement Limited Cement & Cement Products	2.91%	1.25%	1.25%
Kotak Mahindra Bank Limited Banks	2.72%	1.22%	1.22%
CreditAccess Grameen Limited Finance	1.39%	1.21%	1.21%
City Union Bank Limited Banks	1.06%	1.33%	1.06%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	1.05%	1.44%	1.05%
Max Healthcare Institute Limited Healthcare Services	1.20%	1.01%	1.01%
NTPC Limited Power	1.01%	2.12%	1.01%
ITC Limited Diversified FMCG	1.02%	0.89%	0.89%
Tata Consultancy Services Limited IT - Software	0.86%	0.90%	0.86%
Hindustan Unilever Limited Diversified FMCG	1.84%	0.84%	0.84%
Trent Limited Retailing	0.83%	1.35%	0.83%
L&T Finance Limited Finance	0.81%	1.10%	0.81%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.77%	1.56%	0.77%
Ashok Leyland Limited Agricultural, Commercial & Construction Vehicles	1.16%	0.76%	0.76%
Bharat Heavy Electricals Limited Electrical Equipment	0.79%	0.76%	0.76%
Tata Steel Limited Ferrous Metals	0.98%	0.75%	0.75%
Jindal Steel Limited Ferrous Metals	1.13%	0.70%	0.70%
Endurance Technologies Limited Auto Components	1.21%	0.59%	0.59%
Gabriel India Limited Auto Components	0.55%	1.34%	0.55%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.60%	0.47%	0.47%
CG Power and Industrial Solutions Limited Electrical Equipment	1.32%	0.39%	0.39%
Brigade Enterprises Limited Realty	0.80%	0.36%	0.36%
Jubilant Ingrevia Limited Chemicals & Petrochemicals	0.68%	0.36%	0.36%
Jyoti CNC Automation Ltd Industrial Manufacturing	1.39%	0.28%	0.28%
Pine Labs Limited Financial Technology (Fintech)	0.55%	0.10%	0.10%

Unique to Axis Business Cycles

GE Vernova T&D India Limited2.16%

Unique to EDELWEISS ELSS TAX SAVER

Multi Commodity Exchange Of India Ltd.2.38%
Bharat Electronics Ltd.2.23%
Muthoot Finance Ltd.2.17%

Sector Overlap Breakdown

Banks

13.4% (6)

Finance

3.5% (3)

Construction

3.3% (1)

Petroleum Products

3.0% (1)

IT - Software

2.5% (2)

Pharmaceuticals & Biotechnology

2.3% (3)

Telecom - Services

1.9% (1)

Automobiles

1.9% (1)

Diversified FMCG

1.7% (2)

Ferrous Metals

1.4% (2)

Capital Markets

1.4% (1)

Cement & Cement Products

1.3% (1)

Electrical Equipment

1.1% (2)

Auto Components

1.1% (2)

Healthcare Services

1.0% (1)

Power

1.0% (1)

Retailing

0.8% (1)

Agricultural, Commercial & Construction Vehicles

0.8% (1)

Realty

0.4% (1)

Chemicals & Petrochemicals

0.4% (1)

Industrial Manufacturing

0.3% (1)

Financial Technology (Fintech)

0.1% (1)

More comparisons for Axis Business Cycles

vs Axis ELSS Tax Saver53.6% · 41 stocks
vs Axis Value50.6% · 39 stocks
vs CANARA ROBECO LARGE CAP49.2% · 29 stocks
vs CANARA ROBECO FLEXICAP47.8% · 32 stocks
vs Axis Multi Asset Allocation46.9% · 42 stocks

More comparisons for EDELWEISS ELSS TAX SAVER

vs EDELWEISS FLEXI-CAP60.3% · 57 stocks
vs EDELWEISS MULTI CAP57.6% · 67 stocks
vs EDELWEISS LARGE & MID CAP54.5% · 58 stocks
vs Axis Value53.4% · 47 stocks
vs IB33-GROWW NIFTY 200 ETF53.1% · 66 stocks

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