Axis ELSS Tax Saver Fund vs ICICI Prudential Nifty 100 ETF

Axis vs ICICI· Portfolio Overlap Analysis

58.1%High Overlap

45 common stocksRank #5845 / 20,000

Investor takeaway: At 58.1% 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)

Stock	Wt% in Axis ELSS Tax Saver	Wt% in ICICI Prudential Nifty 100 ETF	Overlap
ICICI Bank Limited Banks	7.31%	7.14%	7.14%
HDFC Bank Limited Banks	6.54%	9.84%	6.54%
Bharti Airtel Limited Telecom - Services	3.71%	3.79%	3.71%
Infosys Limited IT - Software	3.38%	3.30%	3.30%
State Bank of India Banks	2.99%	3.61%	2.99%
Larsen & Toubro Limited Construction	2.97%	3.64%	2.97%
Reliance Industries Limited Petroleum Products	2.82%	6.82%	2.82%
Mahindra & Mahindra Limited Automobiles	2.61%	2.20%	2.20%
Bajaj Finance Limited Finance	3.34%	1.92%	1.92%
Kotak Mahindra Bank Limited Banks	1.92%	2.21%	1.92%
Tata Consultancy Services Limited IT - Software	1.67%	1.95%	1.67%
Axis Bank Limited Banks	1.65%	2.87%	1.65%
Titan Company Limited Consumer Durables	1.34%	1.29%	1.29%
Eternal Limited Retailing	2.15%	1.28%	1.28%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.23%	1.33%	1.23%
Shriram Finance Limited Finance	1.60%	1.10%	1.10%
UltraTech Cement Limited Cement & Cement Products	2.20%	1.09%	1.09%
Tata Steel Limited Ferrous Metals	1.04%	1.27%	1.04%
Hindustan Unilever Limited Diversified FMCG	1.02%	1.50%	1.02%
InterGlobe Aviation Limited Transport Services	1.16%	0.79%	0.79%
Nestle India Limited Food Products	0.75%	0.67%	0.67%
TVS Motor Company Limited Automobiles	1.17%	0.66%	0.66%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	2.21%	0.59%	0.59%
Max Healthcare Institute Limited Healthcare Services	0.81%	0.59%	0.59%
Apollo Hospitals Enterprise Limited Healthcare Services	0.87%	0.58%	0.58%
HDFC Life Insurance Company Limited Insurance	1.22%	0.56%	0.56%
Cholamandalam Investment and Finance Company Ltd Finance	1.96%	0.53%	0.53%
Power Grid Corporation of India Limited Power	0.51%	0.98%	0.51%
Trent Limited Retailing	0.49%	0.63%	0.49%
Varun Beverages Limited Beverages	0.73%	0.45%	0.45%
Bajaj Finserv Limited Finance	0.44%	0.83%	0.44%
The Indian Hotels Company Limited Leisure Services	1.41%	0.42%	0.42%
Avenue Supermarts Limited Retailing	0.46%	0.41%	0.41%
Samvardhana Motherson International Limited Auto Components	0.37%	0.43%	0.37%
CG Power and Industrial Solutions Limited Electrical Equipment	1.67%	0.36%	0.36%
Pidilite Industries Limited Chemicals & Petrochemicals	2.25%	0.34%	0.34%
Jindal Steel Limited Ferrous Metals	0.55%	0.34%	0.34%
ICICI Lombard General Insurance Company Limited Insurance	0.54%	0.33%	0.33%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.44%	0.33%	0.33%
Godrej Consumer Products Limited Personal Products	0.27%	0.35%	0.27%
Tech Mahindra Limited IT - Software	0.27%	0.62%	0.27%
Solar Industries India Limited Chemicals & Petrochemicals	0.59%	0.24%	0.24%
ITC Limited Diversified FMCG	0.24%	2.19%	0.24%
Info Edge (India) Limited Retailing	0.23%	0.29%	0.23%
Hyundai Motor India Ltd Automobiles	0.99%	0.22%	0.22%

Unique to Axis ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to ICICI Prudential Nifty 100 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

20.2% (5)

IT - Software

5.2% (3)

Finance

4.0% (4)

Telecom - Services

3.7% (1)

Automobiles

3.1% (3)

Construction

3.0% (1)

Petroleum Products

2.8% (1)

Retailing

2.4% (4)

Pharmaceuticals & Biotechnology

2.1% (3)

Ferrous Metals

1.4% (2)

Consumer Durables

1.3% (1)

Diversified FMCG

1.3% (2)

Healthcare Services

1.2% (2)

Cement & Cement Products

1.1% (1)

Insurance

0.9% (2)

Transport Services

0.8% (1)

Food Products

0.7% (1)

Chemicals & Petrochemicals

0.6% (2)

Power

0.5% (1)

Beverages

0.5% (1)

Leisure Services

0.4% (1)

Auto Components

0.4% (1)

Electrical Equipment

0.4% (1)

Personal Products

0.3% (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 ICICI Prudential Nifty 100 ETF

vs HDFC NIFTY 100 ETF100.0% · 100 stocks
vs Axis Nifty 100 Index99.9% · 100 stocks
vs Nippon India ETF Nifty 10099.9% · 100 stocks
vs HDFC NIFTY 100 Index99.9% · 100 stocks
vs Motilal Oswal Nifty 100 ETF99.9% · 100 stocks

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