Axis Business Cycles Fund vs ET

Axis vs Canara Robeco· Portfolio Overlap Analysis

46.4%High Overlap
31 common stocksRank #14008 / 20,000

Investor takeaway: At 46.4% 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 (31)

StockWt% in Axis Business CyclesWt% in ETOverlap
ICICI Bank Limited
Banks
7.32%6.76%6.76%
HDFC Bank Limited
Banks
3.58%7.19%3.58%
Larsen & Toubro Limited
Construction
3.65%3.42%3.42%
State Bank of India
Banks
3.26%3.78%3.26%
Reliance Industries Limited
Petroleum Products
2.98%3.98%2.98%
Axis Bank Limited
Banks
2.37%2.76%2.37%
GE Vernova T&D India Limited
Electrical Equipment
2.16%2.31%2.16%
Infosys Limited
IT - Software
2.05%3.22%2.05%
Bharti Airtel Limited
Telecom - Services
1.95%3.12%1.95%
UltraTech Cement Limited
Cement & Cement Products
2.91%1.76%1.76%
BSE Limited
Capital Markets
1.42%1.35%1.35%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.32%1.35%1.32%
Mahindra & Mahindra Limited
Automobiles
2.33%1.24%1.24%
Cummins India Limited
Industrial Products
1.60%1.09%1.09%
ITC Limited
Diversified FMCG
1.02%1.11%1.02%
NTPC Limited
Power
1.01%1.38%1.01%
Varun Beverages Limited
Beverages
0.88%1.09%0.88%
Tata Consultancy Services Limited
IT - Software
0.86%0.86%0.86%
HDFC Life Insurance Company Limited
Insurance
1.70%0.85%0.85%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.77%1.18%0.77%
Max Healthcare Institute Limited
Healthcare Services
1.20%0.70%0.70%
Solar Industries India Limited
Chemicals & Petrochemicals
1.13%0.70%0.70%
Vishal Mega Mart Limited
Retailing
1.34%0.62%0.62%
Eternal Limited
Retailing
0.61%1.63%0.61%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.60%1.82%0.60%
JK Cement Limited
Cement & Cement Products
0.56%0.98%0.56%
K.P.R. Mill Limited
Textiles & Apparels
0.61%0.53%0.53%
Jubilant Foodworks Limited
Leisure Services
0.82%0.50%0.50%
Trent Limited
Retailing
0.83%0.48%0.48%
Jyothy Labs Limited
Household Products
0.32%0.55%0.32%
ICICI Prudential Asset Management Company Limited
Capital Markets
0.14%0.61%0.14%

Unique to Axis Business Cycles

  • Kotak Mahindra Bank Limited2.72%

Unique to ET

  • Bajaj Finance Ltd2.64%

Sector Overlap Breakdown

Banks
16.0% (4)
Electrical Equipment
3.5% (2)
Construction
3.4% (1)
Petroleum Products
3.0% (1)
IT - Software
2.9% (2)
Cement & Cement Products
2.3% (2)
Telecom - Services
1.9% (1)
Retailing
1.7% (3)
Capital Markets
1.5% (2)
Pharmaceuticals & Biotechnology
1.4% (2)
Automobiles
1.2% (1)
Industrial Products
1.1% (1)
Diversified FMCG
1.0% (1)
Power
1.0% (1)
Beverages
0.9% (1)
Insurance
0.8% (1)
Healthcare Services
0.7% (1)
Chemicals & Petrochemicals
0.7% (1)
Textiles & Apparels
0.5% (1)
Leisure Services
0.5% (1)
Household Products
0.3% (1)

More comparisons for Axis Business Cycles

More comparisons for ET

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