Axis Business Cycles Fund vs Parag Parikh Large Cap Fund

Axis vs PPFAS· Portfolio Overlap Analysis

45.8%High Overlap
32 common stocksRank #14829 / 20,000

Investor takeaway: At 45.8% 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 (32)

StockWt% in Axis Business CyclesWt% in Parag Parikh Large CapOverlap
ICICI Bank Limited
Banks
7.32%7.17%7.17%
Larsen & Toubro Limited
Construction
3.65%3.64%3.64%
HDFC Bank Limited
Banks
3.58%9.77%3.58%
State Bank of India
Banks
3.26%3.61%3.26%
Reliance Industries Limited
Petroleum Products
2.98%6.82%2.98%
Axis Bank Limited
Banks
2.37%2.91%2.37%
Kotak Mahindra Bank Limited
Banks
2.72%2.25%2.25%
Mahindra & Mahindra Limited
Automobiles
2.33%2.20%2.20%
Infosys Limited
IT - Software
2.05%3.30%2.05%
Bharti Airtel Limited
Telecom - Services
1.95%3.79%1.95%
Hindustan Unilever Limited
Diversified FMCG
1.84%1.50%1.50%
Shriram Finance Limited
Finance
1.55%1.10%1.10%
UltraTech Cement Limited
Cement & Cement Products
2.91%1.09%1.09%
ITC Limited
Diversified FMCG
1.02%2.19%1.02%
NTPC Limited
Power
1.01%1.31%1.01%
Tata Steel Limited
Ferrous Metals
0.98%1.27%0.98%
Tata Consultancy Services Limited
IT - Software
0.86%1.95%0.86%
Bajaj Finserv Limited
Finance
1.04%0.83%0.83%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.77%1.33%0.77%
Trent Limited
Retailing
0.83%0.63%0.63%
Eternal Limited
Retailing
0.61%1.28%0.61%
Max Healthcare Institute Limited
Healthcare Services
1.20%0.59%0.59%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.60%0.59%0.59%
HDFC Life Insurance Company Limited
Insurance
1.70%0.56%0.56%
Varun Beverages Limited
Beverages
0.88%0.45%0.45%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.32%0.36%0.36%
Jindal Steel Limited
Ferrous Metals
1.13%0.34%0.34%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.05%0.33%0.33%
Solar Industries India Limited
Chemicals & Petrochemicals
1.13%0.24%0.24%
Hyundai Motor India Ltd
Automobiles
1.21%0.23%0.23%
Hindustan Zinc Limited
Non - Ferrous Metals
0.43%0.19%0.19%
Ambuja Cements Limited
Cement & Cement Products
0.94%0.09%0.09%

Unique to Axis Business Cycles

  • GE Vernova T&D India Limited2.16%

Unique to Parag Parikh Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
18.6% (5)
Construction
3.6% (1)
Petroleum Products
3.0% (1)
IT - Software
2.9% (2)
Diversified FMCG
2.5% (2)
Automobiles
2.4% (2)
Telecom - Services
1.9% (1)
Finance
1.9% (2)
Pharmaceuticals & Biotechnology
1.7% (3)
Ferrous Metals
1.3% (2)
Retailing
1.2% (2)
Cement & Cement Products
1.2% (2)
Power
1.0% (1)
Healthcare Services
0.6% (1)
Insurance
0.6% (1)
Beverages
0.5% (1)
Electrical Equipment
0.4% (1)
Chemicals & Petrochemicals
0.2% (1)
Non - Ferrous Metals
0.2% (1)

More comparisons for Axis Business Cycles

More comparisons for Parag Parikh Large Cap

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