Axis ELSS Tax Saver Fund vs Invesco India ESG Integration Strategy Fund
Axis vs Invesco· Portfolio Overlap Analysis
45.4%High Overlap
23 common stocksRank #15429 / 20,000
Investor takeaway: At 45.4% 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 Invesco India ESG Integration | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 6.54% | 7.68% | 6.54% |
ICICI Bank Limited Banks | 7.31% | 6.33% | 6.33% |
Bharti Airtel Limited Telecom - Services | 3.71% | 4.77% | 3.71% |
Infosys Limited IT - Software | 3.38% | 4.90% | 3.38% |
Bajaj Finance Limited Finance | 3.34% | 5.49% | 3.34% |
Eternal Limited Retailing | 2.15% | 2.65% | 2.15% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 2.30% | 1.96% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 1.92% | 1.92% |
Kotak Mahindra Bank Limited Banks | 1.92% | 3.26% | 1.92% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 1.78% | 1.78% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 1.91% | 1.67% |
Axis Bank Limited Banks | 1.65% | 3.89% | 1.65% |
Shriram Finance Limited Finance | 1.60% | 1.85% | 1.60% |
Titan Company Limited Consumer Durables | 1.34% | 3.63% | 1.34% |
TVS Motor Company Limited Automobiles | 1.17% | 1.57% | 1.17% |
Vishal Mega Mart Limited Retailing | 0.98% | 0.93% | 0.93% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.87% | 4.12% | 0.87% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 1.01% | 0.81% |
Nestle India Limited Food Products | 0.75% | 2.40% | 0.75% |
Power Grid Corporation of India Limited Power | 0.51% | 0.75% | 0.51% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.44% | 2.48% | 0.44% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 1.50% | 0.37% |
Tech Mahindra Limited IT - Software | 0.27% | 2.51% | 0.27% |
Unique to Axis ELSS Tax Saver
- State Bank of India2.99%
- Larsen & Toubro Limited2.97%
- Reliance Industries Limited2.82%
- Pidilite Industries Limited2.25%
Unique to Invesco India ESG Integration
- LTIMindtree Limited3.13%
Sector Overlap Breakdown
Banks16.4% (4)
Finance6.9% (3)
Telecom - Services3.7% (1)
IT - Software3.6% (2)
Retailing3.1% (2)
Automobiles3.0% (2)
Pharmaceuticals & Biotechnology2.4% (2)
Healthcare Services1.7% (2)
Electrical Equipment1.7% (1)
Consumer Durables1.3% (1)
Food Products0.8% (1)
Power0.5% (1)
Auto Components0.4% (1)
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More comparisons for Invesco India ESG Integration
- vs Invesco India Largecap57.8% · 26 stocks
- vs Axis Large Cap48.5% · 20 stocks
- vs Invesco India ELSS Tax Saver47.9% · 30 stocks
- vs ADITYA BIRLA SUN LIFE ESG INTE46.9% · 19 stocks
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.