Axis ELSS Tax Saver Fund vs CANARA ROBECO MULTI ASSET ALLOCATION FUND
Axis vs Canara Robeco· Portfolio Overlap Analysis
44.2%High Overlap
27 common stocksRank #17314 / 20,000
Investor takeaway: At 44.2% 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 (27)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in CANARA ROBECO MULTI ASSET ALLO | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 6.54% | 5.35% | 5.35% |
ICICI Bank Limited Banks | 7.31% | 4.93% | 4.93% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.90% | 3.71% |
Larsen & Toubro Limited Construction | 2.97% | 3.76% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 4.19% | 2.82% |
Bajaj Finance Limited Finance | 3.34% | 2.05% | 2.05% |
State Bank of India Banks | 2.99% | 2.01% | 2.01% |
Infosys Limited IT - Software | 3.38% | 1.75% | 1.75% |
Axis Bank Limited Banks | 1.65% | 1.99% | 1.65% |
Eternal Limited Retailing | 2.15% | 1.62% | 1.62% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 1.52% | 1.52% |
Kotak Mahindra Bank Limited Banks | 1.92% | 1.37% | 1.37% |
The Indian Hotels Company Limited Leisure Services | 1.41% | 1.32% | 1.32% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 1.28% | 1.28% |
Titan Company Limited Consumer Durables | 1.34% | 1.26% | 1.26% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 1.20% | 1.20% |
TVS Motor Company Limited Automobiles | 1.17% | 1.31% | 1.17% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.25% | 1.16% |
Vishal Mega Mart Limited Retailing | 0.98% | 1.73% | 0.98% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 1.87% | 0.81% |
Varun Beverages Limited Beverages | 0.73% | 1.64% | 0.73% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 1.46% | 0.72% |
Trent Limited Retailing | 0.49% | 0.91% | 0.49% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.44% | 1.32% | 0.44% |
Persistent Systems Limited IT - Software | 0.36% | 0.40% | 0.36% |
Dixon Technologies (India) Limited Consumer Durables | 0.26% | 0.51% | 0.26% |
Info Edge (India) Limited Retailing | 0.23% | 0.97% | 0.23% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to CANARA ROBECO MULTI ASSET ALLO
- Max Financial Services Ltd1.85%
Sector Overlap Breakdown
Banks15.3% (5)
Telecom - Services3.7% (1)
Retailing3.3% (4)
Construction3.0% (1)
Petroleum Products2.8% (1)
Automobiles2.7% (2)
IT - Software2.1% (2)
Finance2.0% (1)
Pharmaceuticals & Biotechnology1.6% (2)
Consumer Durables1.5% (2)
Leisure Services1.3% (1)
Cement & Cement Products1.3% (1)
Transport Services1.2% (1)
Healthcare Services0.8% (1)
Beverages0.7% (1)
Financial Technology (Fintech)0.7% (1)
More comparisons for Axis ELSS Tax Saver
- vs CANARA ROBECO LARGE CAP63.5% · 40 stocks
- vs Axis Large Cap63.3% · 40 stocks
- vs CANARA ROBECO FLEXICAP60.7% · 43 stocks
- vs Parag Parikh Large Cap58.1% · 45 stocks
- vs HDFC NIFTY 100 ETF58.1% · 45 stocks
More comparisons for CANARA ROBECO MULTI ASSET ALLO
- vs CANARA ROBECO FLEXICAP52.6% · 32 stocks
- vs CANARA ROBECO LARGE CAP51.5% · 29 stocks
- vs CANARA ROBECO FOCUSED50.1% · 24 stocks
- vs ET47.4% · 28 stocks
- vs PGIM INDIA LARGE CAP45.4% · 24 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.