Axis ELSS Tax Saver Fund vs Bajaj Finserv Balanced Advantage Fund
Axis vs Bajaj· Portfolio Overlap Analysis
44.5%High Overlap
30 common stocksRank #16855 / 20,000
Investor takeaway: At 44.5% 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 (30)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in Bajaj Finserv Balanced Advanta | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 6.54% | 7.92% | 6.54% |
ICICI Bank Limited Banks | 7.31% | 4.55% | 4.55% |
State Bank of India Banks | 2.99% | 4.25% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 3.48% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 3.48% | 2.82% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 3.39% | 2.21% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 3.01% | 2.20% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 2.00% | 2.00% |
Axis Bank Limited Banks | 1.65% | 2.77% | 1.65% |
Eternal Limited Retailing | 2.15% | 1.50% | 1.50% |
Bharti Airtel Limited Telecom - Services | 3.71% | 1.44% | 1.44% |
Titan Company Limited Consumer Durables | 1.34% | 1.39% | 1.34% |
Shriram Finance Limited Finance | 1.60% | 1.30% | 1.30% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 1.87% | 1.23% |
The Federal Bank Limited Banks | 1.22% | 1.15% | 1.15% |
Bajaj Finance Limited Finance | 3.34% | 1.08% | 1.08% |
Tata Steel Limited Ferrous Metals | 1.04% | 2.02% | 1.04% |
Hindustan Unilever Limited Diversified FMCG | 1.02% | 3.10% | 1.02% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.87% | 2.57% | 0.87% |
Infosys Limited IT - Software | 3.38% | 0.86% | 0.86% |
Nestle India Limited Food Products | 0.75% | 0.71% | 0.71% |
Schaeffler India Limited Auto Components | 0.61% | 1.80% | 0.61% |
Power Grid Corporation of India Limited Power | 0.51% | 0.84% | 0.51% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 0.43% | 0.43% |
Cummins India Limited Industrial Products | 1.00% | 0.27% | 0.27% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.44% | 0.27% | 0.27% |
Kotak Mahindra Bank Limited Banks | 1.92% | 0.26% | 0.26% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 0.26% | 0.26% |
ITC Limited Diversified FMCG | 0.24% | 1.37% | 0.24% |
Trent Limited Retailing | 0.49% | 0.23% | 0.23% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to Bajaj Finserv Balanced Advanta
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks17.1% (6)
Pharmaceuticals & Biotechnology3.7% (3)
Construction3.0% (1)
Petroleum Products2.8% (1)
Finance2.4% (2)
Cement & Cement Products2.2% (1)
Automobiles2.0% (1)
Retailing1.7% (2)
Telecom - Services1.4% (1)
Consumer Durables1.3% (1)
Diversified FMCG1.3% (2)
Ferrous Metals1.0% (1)
Healthcare Services0.9% (1)
Auto Components0.9% (2)
IT - Software0.9% (1)
Food Products0.7% (1)
Power0.5% (1)
Electrical Equipment0.4% (1)
Industrial Products0.3% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.