Axis ELSS Tax Saver Fund vs ET
Axis vs Canara Robeco· Portfolio Overlap Analysis
57.0%High Overlap
41 common stocksRank #6050 / 20,000
Investor takeaway: At 57.0% 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 (41)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in ET | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 6.76% | 6.76% |
HDFC Bank Limited Banks | 6.54% | 7.19% | 6.54% |
Infosys Limited IT - Software | 3.38% | 3.22% | 3.22% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.12% | 3.12% |
State Bank of India Banks | 2.99% | 3.78% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 3.42% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 3.98% | 2.82% |
Bajaj Finance Limited Finance | 3.34% | 2.64% | 2.64% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 1.82% | 1.82% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 1.76% | 1.76% |
Axis Bank Limited Banks | 1.65% | 2.76% | 1.65% |
Eternal Limited Retailing | 2.15% | 1.63% | 1.63% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 1.35% | 1.35% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 1.24% | 1.24% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 1.18% | 1.18% |
TVS Motor Company Limited Automobiles | 1.17% | 1.47% | 1.17% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.44% | 1.16% |
Titan Company Limited Consumer Durables | 1.34% | 1.14% | 1.14% |
Cummins India Limited Industrial Products | 1.00% | 1.09% | 1.00% |
Tata Consultancy Services Limited IT - Software | 1.67% | 0.86% | 0.86% |
HDFC Life Insurance Company Limited Insurance | 1.22% | 0.85% | 0.85% |
GE Vernova T&D India Limited Electrical Equipment | 0.83% | 2.31% | 0.83% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 0.75% | 0.75% |
Varun Beverages Limited Beverages | 0.73% | 1.09% | 0.73% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 0.70% | 0.70% |
JB Chemicals & Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.67% | 1.34% | 0.67% |
Vishal Mega Mart Limited Retailing | 0.98% | 0.62% | 0.62% |
Schaeffler India Limited Auto Components | 0.61% | 1.13% | 0.61% |
Solar Industries India Limited Chemicals & Petrochemicals | 0.59% | 0.70% | 0.59% |
Karur Vysya Bank Limited Banks | 0.77% | 0.53% | 0.53% |
Trent Limited Retailing | 0.49% | 0.48% | 0.48% |
UNO Minda Limited Auto Components | 0.43% | 0.97% | 0.43% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 1.82% | 0.37% |
The Phoenix Mills Limited Realty | 0.33% | 0.90% | 0.33% |
The Indian Hotels Company Limited Leisure Services | 1.41% | 0.27% | 0.27% |
Godrej Consumer Products Limited Personal Products | 0.27% | 0.94% | 0.27% |
Tech Mahindra Limited IT - Software | 0.27% | 0.70% | 0.27% |
ITC Limited Diversified FMCG | 0.24% | 1.11% | 0.24% |
Info Edge (India) Limited Retailing | 0.23% | 0.68% | 0.23% |
ICICI Prudential Asset Management Company Limited Capital Markets | 0.23% | 0.61% | 0.23% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.01% | 0.63% | 0.01% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to ET
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks18.5% (5)
IT - Software4.3% (3)
Pharmaceuticals & Biotechnology3.7% (3)
Finance3.4% (2)
Telecom - Services3.1% (1)
Construction3.0% (1)
Retailing3.0% (4)
Petroleum Products2.8% (1)
Automobiles2.4% (2)
Electrical Equipment2.2% (2)
Cement & Cement Products1.8% (1)
Auto Components1.4% (3)
Transport Services1.2% (1)
Consumer Durables1.1% (2)
Industrial Products1.0% (1)
Insurance0.8% (1)
Beverages0.7% (1)
Healthcare Services0.7% (1)
Chemicals & Petrochemicals0.6% (1)
Realty0.3% (1)
Leisure Services0.3% (1)
Personal Products0.3% (1)
Diversified FMCG0.2% (1)
Capital Markets0.2% (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 ET
- vs CANARA ROBECO FLEXICAP73.8% · 52 stocks
- vs CANARA ROBECO LARGE CAP65.4% · 41 stocks
- vs HDFC NIFTY 100 ETF59.1% · 42 stocks
- vs Axis Nifty 100 Index59.1% · 42 stocks
- vs ICICI Prudential Nifty 100 ETF59.1% · 42 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.