Axis Business Cycles Fund vs NIPPON INDIA LARGE CAP FUND

Axis vs Nippon· Portfolio Overlap Analysis

44.6%High Overlap
25 common stocksRank #16809 / 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 (25)

StockWt% in Axis Business CyclesWt% in NIPPON INDIA LARGE CAPOverlap
ICICI Bank Limited
Banks
7.32%7.02%7.02%
Larsen & Toubro Limited
Construction
3.65%4.24%3.65%
HDFC Bank Limited
Banks
3.58%8.82%3.58%
State Bank of India
Banks
3.26%3.99%3.26%
Reliance Industries Limited
Petroleum Products
2.98%5.30%2.98%
Axis Bank Limited
Banks
2.37%4.20%2.37%
Mahindra & Mahindra Limited
Automobiles
2.33%2.44%2.33%
GE Vernova T&D India Limited
Electrical Equipment
2.16%2.82%2.16%
Infosys Limited
IT - Software
2.05%2.94%2.05%
Kotak Mahindra Bank Limited
Banks
2.72%2.02%2.02%
Hindustan Unilever Limited
Diversified FMCG
1.84%2.29%1.84%
UltraTech Cement Limited
Cement & Cement Products
2.91%1.42%1.42%
ITC Limited
Diversified FMCG
1.02%2.61%1.02%
NTPC Limited
Power
1.01%2.48%1.01%
Tata Steel Limited
Ferrous Metals
0.98%1.28%0.98%
Tata Consultancy Services Limited
IT - Software
0.86%2.41%0.86%
Trent Limited
Retailing
0.83%0.90%0.83%
HDFC Life Insurance Company Limited
Insurance
1.70%0.77%0.77%
Hyundai Motor India Ltd
Automobiles
1.21%0.71%0.71%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.77%0.71%0.71%
Vishal Mega Mart Limited
Retailing
1.34%0.69%0.69%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
1.32%0.64%0.64%
Eternal Limited
Retailing
0.61%1.10%0.61%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.60%1.07%0.60%
Varun Beverages Limited
Beverages
0.88%0.46%0.46%

Unique to Axis Business Cycles

All top holdings are shared with the other fund.

Unique to NIPPON INDIA LARGE CAP

  • Bajaj Finance Limited2.80%

Sector Overlap Breakdown

Banks
18.3% (5)
Construction
3.6% (1)
Automobiles
3.0% (2)
Petroleum Products
3.0% (1)
IT - Software
2.9% (2)
Diversified FMCG
2.9% (2)
Electrical Equipment
2.2% (1)
Retailing
2.1% (3)
Pharmaceuticals & Biotechnology
1.9% (3)
Cement & Cement Products
1.4% (1)
Power
1.0% (1)
Ferrous Metals
1.0% (1)
Insurance
0.8% (1)
Beverages
0.5% (1)

More comparisons for Axis Business Cycles

More comparisons for NIPPON INDIA LARGE CAP

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