Axis ELSS Tax Saver Fund vs IB11-Groww ELSS Tax Saver Fund
Axis vs Groww· Portfolio Overlap Analysis
53.7%High Overlap
34 common stocksRank #7427 / 20,000
Investor takeaway: At 53.7% 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 (34)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in IB11-Groww ELSS Tax Saver | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 6.54% | 8.05% | 6.54% |
ICICI Bank Limited Banks | 7.31% | 5.75% | 5.75% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.23% | 3.23% |
State Bank of India Banks | 2.99% | 3.53% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 3.35% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 5.46% | 2.82% |
Infosys Limited IT - Software | 3.38% | 2.49% | 2.49% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 2.35% | 2.35% |
Kotak Mahindra Bank Limited Banks | 1.92% | 2.23% | 1.92% |
Bajaj Finance Limited Finance | 3.34% | 1.67% | 1.67% |
Axis Bank Limited Banks | 1.65% | 2.60% | 1.65% |
Shriram Finance Limited Finance | 1.60% | 1.36% | 1.36% |
Titan Company Limited Consumer Durables | 1.34% | 1.27% | 1.27% |
The Federal Bank Limited Banks | 1.22% | 2.11% | 1.22% |
TVS Motor Company Limited Automobiles | 1.17% | 1.36% | 1.17% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.50% | 1.16% |
Eternal Limited Retailing | 2.15% | 1.15% | 1.15% |
Tata Consultancy Services Limited IT - Software | 1.67% | 1.08% | 1.08% |
The Indian Hotels Company Limited Leisure Services | 1.41% | 1.06% | 1.06% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 1.04% | 1.04% |
Tata Steel Limited Ferrous Metals | 1.04% | 1.56% | 1.04% |
Hindustan Unilever Limited Diversified FMCG | 1.02% | 1.29% | 1.02% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 1.00% | 1.00% |
Karur Vysya Bank Limited Banks | 0.77% | 1.76% | 0.77% |
Fortis Healthcare Limited Healthcare Services | 0.74% | 1.22% | 0.74% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 0.82% | 0.72% |
Navin Fluorine International Limited Chemicals & Petrochemicals | 0.71% | 0.78% | 0.71% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 0.68% | 0.68% |
ICICI Lombard General Insurance Company Limited Insurance | 0.54% | 1.03% | 0.54% |
Prestige Estates Projects Limited Realty | 0.40% | 0.84% | 0.40% |
Persistent Systems Limited IT - Software | 0.36% | 0.52% | 0.36% |
The Phoenix Mills Limited Realty | 0.33% | 0.34% | 0.33% |
ITC Limited Diversified FMCG | 0.24% | 1.54% | 0.24% |
Info Edge (India) Limited Retailing | 0.23% | 0.86% | 0.23% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to IB11-Groww ELSS Tax Saver
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks20.8% (7)
IT - Software3.9% (3)
Automobiles3.5% (2)
Telecom - Services3.2% (1)
Finance3.0% (2)
Construction3.0% (1)
Petroleum Products2.8% (1)
Healthcare Services1.4% (2)
Retailing1.4% (2)
Consumer Durables1.3% (1)
Diversified FMCG1.3% (2)
Transport Services1.2% (1)
Leisure Services1.1% (1)
Pharmaceuticals & Biotechnology1.0% (1)
Ferrous Metals1.0% (1)
Cement & Cement Products1.0% (1)
Realty0.7% (2)
Financial Technology (Fintech)0.7% (1)
Chemicals & Petrochemicals0.7% (1)
Insurance0.5% (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 IB11-Groww ELSS Tax Saver
- vs SBI BSE 100 ETF64.0% · 42 stocks
- vs IB33-GROWW NIFTY 200 ETF61.9% · 54 stocks
- vs Parag Parikh Large Cap61.9% · 35 stocks
- vs Axis Nifty 100 Index61.8% · 35 stocks
- vs HDFC NIFTY 100 ETF61.8% · 35 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.