Axis ELSS Tax Saver Fund vs Axis Multi Asset Allocation Fund

Axis vs Axis· Portfolio Overlap Analysis

46.1%High Overlap
41 common stocksRank #14440 / 20,000

Investor takeaway: At 46.1% overlap, a significant part of these portfolios is identical. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (41)

StockWt% in Axis ELSS Tax SaverWt% in Axis Multi Asset AllocationOverlap
HDFC Bank Limited
Banks
6.54%7.79%6.54%
ICICI Bank Limited
Banks
7.31%5.04%5.04%
State Bank of India
Banks
2.99%3.96%2.99%
Reliance Industries Limited
Petroleum Products
2.82%3.28%2.82%
Infosys Limited
IT - Software
3.38%2.00%2.00%
Larsen & Toubro Limited
Construction
2.97%1.81%1.81%
Bharti Airtel Limited
Telecom - Services
3.71%1.75%1.75%
Axis Bank Limited
Banks
1.65%1.87%1.65%
Kotak Mahindra Bank Limited
Banks
1.92%1.30%1.30%
Titan Company Limited
Consumer Durables
1.34%1.20%1.20%
Mahindra & Mahindra Limited
Automobiles
2.61%1.11%1.11%
Sona BLW Precision Forgings Limited
Auto Components
1.03%1.10%1.03%
Hindustan Unilever Limited
Diversified FMCG
1.02%1.04%1.02%
UltraTech Cement Limited
Cement & Cement Products
2.20%0.97%0.97%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
2.21%0.92%0.92%
Tata Steel Limited
Ferrous Metals
1.04%0.89%0.89%
PI Industries Limited
Fertilizers & Agrochemicals
1.62%0.88%0.88%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.23%0.82%0.82%
HDFC Life Insurance Company Limited
Insurance
1.22%0.78%0.78%
Tata Consultancy Services Limited
IT - Software
1.67%0.76%0.76%
The Federal Bank Limited
Banks
1.22%0.74%0.74%
Hyundai Motor India Ltd
Automobiles
0.99%0.69%0.69%
Nestle India Limited
Food Products
0.75%0.67%0.67%
Max Healthcare Institute Limited
Healthcare Services
0.81%0.61%0.61%
GE Vernova T&D India Limited
Electrical Equipment
0.83%0.60%0.60%
JB Chemicals & Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.67%0.57%0.57%
Jindal Steel Limited
Ferrous Metals
0.55%0.97%0.55%
Varun Beverages Limited
Beverages
0.73%0.53%0.53%
Trent Limited
Retailing
0.49%0.68%0.49%
The Indian Hotels Company Limited
Leisure Services
1.41%0.46%0.46%
Bharat Heavy Electricals Limited
Electrical Equipment
0.48%0.46%0.46%
Eternal Limited
Retailing
2.15%0.45%0.45%
Bajaj Finserv Limited
Finance
0.44%1.10%0.44%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.44%0.81%0.44%
Navin Fluorine International Limited
Chemicals & Petrochemicals
0.71%0.43%0.43%
Tenneco Clean Air India Limited
Auto Components
0.41%0.59%0.41%
Blue Star Limited
Consumer Durables
0.50%0.39%0.39%
LG Electronics India Ltd
Consumer Durables
0.36%0.43%0.36%
Godrej Consumer Products Limited
Personal Products
0.27%0.43%0.27%
ITC Limited
Diversified FMCG
0.24%1.49%0.24%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.20%0.01%

Unique to Axis ELSS Tax Saver

  • Bajaj Finance Limited3.34%
  • Pidilite Industries Limited2.25%

Unique to Axis Multi Asset Allocation

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
18.3% (6)
Petroleum Products
2.8% (1)
IT - Software
2.8% (2)
Pharmaceuticals & Biotechnology
2.8% (4)
Consumer Durables
2.0% (4)
Construction
1.8% (1)
Automobiles
1.8% (2)
Telecom - Services
1.8% (1)
Auto Components
1.4% (2)
Ferrous Metals
1.4% (2)
Diversified FMCG
1.3% (2)
Electrical Equipment
1.1% (2)
Cement & Cement Products
1.0% (1)
Retailing
0.9% (2)
Fertilizers & Agrochemicals
0.9% (1)
Insurance
0.8% (1)
Food Products
0.7% (1)
Healthcare Services
0.6% (1)
Beverages
0.5% (1)
Leisure Services
0.5% (1)
Finance
0.4% (1)
Chemicals & Petrochemicals
0.4% (1)
Personal Products
0.3% (1)

More comparisons for Axis ELSS Tax Saver

More comparisons for Axis Multi Asset Allocation

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