Axis ELSS Tax Saver Fund vs CANARA ROBECO MULTI CAP FUND

Axis vs Canara Robeco· Portfolio Overlap Analysis

45.9%High Overlap
45 common stocksRank #14643 / 20,000

Investor takeaway: At 45.9% 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 (45)

StockWt% in Axis ELSS Tax SaverWt% in CANARA ROBECO MULTI CAPOverlap
HDFC Bank Limited
Banks
6.54%4.92%4.92%
ICICI Bank Limited
Banks
7.31%3.80%3.80%
Infosys Limited
IT - Software
3.38%2.15%2.15%
Larsen & Toubro Limited
Construction
2.97%2.03%2.03%
Reliance Industries Limited
Petroleum Products
2.82%1.99%1.99%
Bharti Airtel Limited
Telecom - Services
3.71%1.97%1.97%
State Bank of India
Banks
2.99%1.95%1.95%
Eternal Limited
Retailing
2.15%1.67%1.67%
Mahindra & Mahindra Limited
Automobiles
2.61%1.52%1.52%
Axis Bank Limited
Banks
1.65%1.43%1.43%
Shriram Finance Limited
Finance
1.60%1.26%1.26%
Bajaj Finance Limited
Finance
3.34%1.22%1.22%
The Federal Bank Limited
Banks
1.22%1.40%1.22%
TVS Motor Company Limited
Automobiles
1.17%1.32%1.17%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.23%1.13%1.13%
Cummins India Limited
Industrial Products
1.00%1.03%1.00%
Vishal Mega Mart Limited
Retailing
0.98%1.05%0.98%
Kotak Mahindra Bank Limited
Banks
1.92%0.97%0.97%
PI Industries Limited
Fertilizers & Agrochemicals
1.62%0.92%0.92%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.67%0.87%0.87%
GE Vernova T&D India Limited
Electrical Equipment
0.83%1.55%0.83%
The Indian Hotels Company Limited
Leisure Services
1.41%0.81%0.81%
Max Healthcare Institute Limited
Healthcare Services
0.81%1.15%0.81%
Cholamandalam Investment and Finance Company Ltd
Finance
1.96%0.77%0.77%
Karur Vysya Bank Limited
Banks
0.77%1.10%0.77%
Varun Beverages Limited
Beverages
0.73%1.10%0.73%
PB Fintech Limited
Financial Technology (Fintech)
0.72%1.07%0.72%
JB Chemicals & Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.67%1.48%0.67%
Solar Industries India Limited
Chemicals & Petrochemicals
0.59%0.73%0.59%
Schaeffler India Limited
Auto Components
0.61%0.57%0.57%
Trent Limited
Retailing
0.49%0.57%0.49%
Bharat Heavy Electricals Limited
Electrical Equipment
0.48%0.52%0.48%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.94%0.46%0.46%
UNO Minda Limited
Auto Components
0.43%1.20%0.43%
Tenneco Clean Air India Limited
Auto Components
0.41%0.54%0.41%
Blue Star Limited
Consumer Durables
0.50%0.36%0.36%
Persistent Systems Limited
IT - Software
0.36%0.46%0.36%
Tech Mahindra Limited
IT - Software
0.27%0.99%0.27%
Dixon Technologies (India) Limited
Consumer Durables
0.26%0.65%0.26%
ITC Limited
Diversified FMCG
0.24%0.72%0.24%
Torrent Power Limited
Power
2.12%0.23%0.23%
Info Edge (India) Limited
Retailing
0.23%0.40%0.23%
ICICI Prudential Asset Management Company Limited
Capital Markets
0.23%0.74%0.23%
Meesho Ltd
Retailing
0.04%0.31%0.04%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.96%0.01%

Unique to Axis ELSS Tax Saver

  • Pidilite Industries Limited2.25%

Unique to CANARA ROBECO MULTI CAP

  • Ajanta Pharma Ltd1.90%

Sector Overlap Breakdown

Banks
15.1% (7)
Retailing
3.4% (5)
Finance
3.3% (3)
IT - Software
2.8% (3)
Automobiles
2.7% (2)
Pharmaceuticals & Biotechnology
2.3% (3)
Electrical Equipment
2.2% (3)
Construction
2.0% (1)
Petroleum Products
2.0% (1)
Telecom - Services
2.0% (1)
Auto Components
1.4% (3)
Industrial Products
1.0% (1)
Fertilizers & Agrochemicals
0.9% (1)
Leisure Services
0.8% (1)
Healthcare Services
0.8% (1)
Beverages
0.7% (1)
Financial Technology (Fintech)
0.7% (1)
Consumer Durables
0.6% (3)
Chemicals & Petrochemicals
0.6% (1)
Diversified FMCG
0.2% (1)
Power
0.2% (1)
Capital Markets
0.2% (1)

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