Axis ELSS Tax Saver Fund vs Franklin India Flexi Cap Fund ( Formerly known as Franklin India Equity Fund)
Axis vs Franklin· Portfolio Overlap Analysis
47.0%High Overlap
23 common stocksRank #13285 / 20,000
Investor takeaway: At 47.0% 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 (23)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in Franklin India Flexi Cap Fund | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 6.54% | 8.46% | 6.54% |
ICICI Bank Limited Banks | 7.31% | 6.26% | 6.26% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.48% | 3.48% |
Infosys Limited IT - Software | 3.38% | 3.00% | 3.00% |
State Bank of India Banks | 2.99% | 3.99% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 4.65% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 3.20% | 2.82% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 2.79% | 2.61% |
Eternal Limited Retailing | 2.15% | 2.36% | 2.15% |
Kotak Mahindra Bank Limited Banks | 1.92% | 3.15% | 1.92% |
Axis Bank Limited Banks | 1.65% | 5.63% | 1.65% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 1.58% | 1.58% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 1.51% | 1.51% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.78% | 1.16% |
Tata Steel Limited Ferrous Metals | 1.04% | 2.08% | 1.04% |
PI Industries Limited Fertilizers & Agrochemicals | 1.62% | 1.00% | 1.00% |
HDFC Life Insurance Company Limited Insurance | 1.22% | 0.92% | 0.92% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.87% | 2.36% | 0.87% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 1.30% | 0.72% |
Hyundai Motor India Ltd Automobiles | 0.99% | 0.65% | 0.65% |
Trent Limited Retailing | 0.49% | 1.20% | 0.49% |
Prestige Estates Projects Limited Realty | 0.40% | 0.69% | 0.40% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 0.28% | 0.28% |
Unique to Axis ELSS Tax Saver
- Bajaj Finance Limited3.34%
- Pidilite Industries Limited2.25%
Unique to Franklin India Flexi Cap Fund
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks19.4% (5)
Telecom - Services3.5% (1)
Automobiles3.3% (2)
IT - Software3.0% (1)
Construction3.0% (1)
Petroleum Products2.8% (1)
Retailing2.6% (2)
Finance1.6% (1)
Cement & Cement Products1.5% (1)
Transport Services1.2% (1)
Ferrous Metals1.0% (1)
Fertilizers & Agrochemicals1.0% (1)
Insurance0.9% (1)
Healthcare Services0.9% (1)
Financial Technology (Fintech)0.7% (1)
Realty0.4% (1)
Pharmaceuticals & Biotechnology0.3% (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 Franklin India Flexi Cap Fund
- vs Franklin India ELSS Tax Saver82.6% · 42 stocks
- vs CANARA ROBECO LARGE CAP58.0% · 26 stocks
- vs Franklin India Aggressive Hybr57.1% · 34 stocks
- vs HDFC NIFTY 50 ETF56.0% · 24 stocks
- vs HDFC Nifty 50 Index56.0% · 24 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.