Axis ELSS Tax Saver Fund vs EDELWEISS BALANCED ADVANTAGE FUND

Axis vs Edelweiss· Portfolio Overlap Analysis

47.7%High Overlap

46 common stocksRank #12498 / 20,000

Investor takeaway: At 47.7% 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 (46)

Stock	Wt% in Axis ELSS Tax Saver	Wt% in EDELWEISS BALANCED ADVANTAGE	Overlap
ICICI Bank Limited Banks	7.31%	4.86%	4.86%
HDFC Bank Limited Banks	6.54%	3.74%	3.74%
Larsen & Toubro Limited Construction	2.97%	3.08%	2.97%
Bharti Airtel Limited Telecom - Services	3.71%	2.86%	2.86%
State Bank of India Banks	2.99%	2.85%	2.85%
Reliance Industries Limited Petroleum Products	2.82%	4.27%	2.82%
Infosys Limited IT - Software	3.38%	2.48%	2.48%
Bajaj Finance Limited Finance	3.34%	1.83%	1.83%
Axis Bank Limited Banks	1.65%	1.58%	1.58%
Mahindra & Mahindra Limited Automobiles	2.61%	1.48%	1.48%
Tata Consultancy Services Limited IT - Software	1.67%	1.41%	1.41%
TVS Motor Company Limited Automobiles	1.17%	2.55%	1.17%
Cholamandalam Investment and Finance Company Ltd Finance	1.96%	1.10%	1.10%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.23%	1.10%	1.10%
Titan Company Limited Consumer Durables	1.34%	1.05%	1.05%
UltraTech Cement Limited Cement & Cement Products	2.20%	0.88%	0.88%
Apollo Hospitals Enterprise Limited Healthcare Services	0.87%	0.88%	0.87%
GE Vernova T&D India Limited Electrical Equipment	0.83%	1.17%	0.83%
Tata Steel Limited Ferrous Metals	1.04%	0.78%	0.78%
Pidilite Industries Limited Chemicals & Petrochemicals	2.25%	0.77%	0.77%
Hindustan Unilever Limited Diversified FMCG	1.02%	0.77%	0.77%
Eternal Limited Retailing	2.15%	0.70%	0.70%
Kotak Mahindra Bank Limited Banks	1.92%	0.62%	0.62%
Fortis Healthcare Limited Healthcare Services	0.74%	0.61%	0.61%
HDFC Life Insurance Company Limited Insurance	1.22%	0.56%	0.56%
InterGlobe Aviation Limited Transport Services	1.16%	0.50%	0.50%
Avenue Supermarts Limited Retailing	0.46%	0.70%	0.46%
Shriram Finance Limited Finance	1.60%	0.45%	0.45%
Bajaj Finserv Limited Finance	0.44%	0.59%	0.44%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.44%	0.44%	0.44%
Ather Energy Limited Automobiles	0.45%	0.43%	0.43%
CG Power and Industrial Solutions Limited Electrical Equipment	1.67%	0.42%	0.42%
Bharat Heavy Electricals Limited Electrical Equipment	0.48%	0.40%	0.40%
Schaeffler India Limited Auto Components	0.61%	0.39%	0.39%
Samvardhana Motherson International Limited Auto Components	0.37%	0.46%	0.37%
Premier Energies Limited Electrical Equipment	0.36%	0.69%	0.36%
Persistent Systems Limited IT - Software	0.36%	0.68%	0.36%
Jyoti CNC Automation Ltd Industrial Manufacturing	0.32%	0.50%	0.32%
Tech Mahindra Limited IT - Software	0.27%	1.16%	0.27%
Trent Limited Retailing	0.49%	0.26%	0.26%
Dixon Technologies (India) Limited Consumer Durables	0.26%	0.26%	0.26%
The Phoenix Mills Limited Realty	0.33%	0.24%	0.24%
ITC Limited Diversified FMCG	0.24%	1.52%	0.24%
Vishal Mega Mart Limited Retailing	0.98%	0.20%	0.20%
ICICI Prudential Asset Management Company Limited Capital Markets	0.23%	0.17%	0.17%
PI Industries Limited Fertilizers & Agrochemicals	1.62%	0.05%	0.05%

Unique to Axis ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to EDELWEISS BALANCED ADVANTAGE

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

13.7% (5)

IT - Software

4.5% (4)

Finance

3.8% (4)

Automobiles

3.1% (3)

Construction

3.0% (1)

Telecom - Services

2.9% (1)

Petroleum Products

2.8% (1)

Electrical Equipment

2.0% (4)

Retailing

1.6% (4)

Pharmaceuticals & Biotechnology

1.5% (2)

Healthcare Services

1.5% (2)

Consumer Durables

1.3% (2)

Diversified FMCG

1.0% (2)

Cement & Cement Products

0.9% (1)

Ferrous Metals

0.8% (1)

Chemicals & Petrochemicals

0.8% (1)

Auto Components

0.8% (2)

Insurance

0.6% (1)

Transport Services

0.5% (1)

Industrial Manufacturing

0.3% (1)

Realty

0.2% (1)

Capital Markets

0.2% (1)

Fertilizers & Agrochemicals

0.1% (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 EDELWEISS BALANCED ADVANTAGE

vs EDELWEISS LARGE CAP58.3% · 55 stocks
vs IB33-GROWW NIFTY 200 ETF57.5% · 78 stocks
vs ADITYA BIRLA SUN LIFE MSCI IND56.4% · 73 stocks
vs Kotak MSCI India ETF56.4% · 73 stocks
vs DSP MSCI India ETF56.2% · 73 stocks

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