Axis ELSS Tax Saver Fund vs Invesco India Largecap Fund
Axis vs Invesco· Portfolio Overlap Analysis
49.5%High Overlap
29 common stocksRank #10669 / 20,000
Investor takeaway: At 49.5% 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 (29)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in Invesco India Largecap | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 7.86% | 7.31% |
HDFC Bank Limited Banks | 6.54% | 7.22% | 6.54% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.54% | 3.54% |
Infosys Limited IT - Software | 3.38% | 4.68% | 3.38% |
Bajaj Finance Limited Finance | 3.34% | 3.93% | 3.34% |
Larsen & Toubro Limited Construction | 2.97% | 4.36% | 2.97% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 2.28% | 2.20% |
Eternal Limited Retailing | 2.15% | 3.07% | 2.15% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 2.27% | 1.96% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 1.75% | 1.67% |
Axis Bank Limited Banks | 1.65% | 2.27% | 1.65% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 1.56% | 1.56% |
Titan Company Limited Consumer Durables | 1.34% | 2.55% | 1.34% |
InterGlobe Aviation Limited Transport Services | 1.16% | 3.22% | 1.16% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 1.13% | 1.13% |
Shriram Finance Limited Finance | 1.60% | 1.09% | 1.09% |
Vishal Mega Mart Limited Retailing | 0.98% | 1.04% | 0.98% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.87% | 1.12% | 0.87% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 2.07% | 0.81% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 0.89% | 0.72% |
Trent Limited Retailing | 0.49% | 0.49% | 0.49% |
Ather Energy Limited Automobiles | 0.45% | 1.88% | 0.45% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.44% | 2.95% | 0.44% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 1.18% | 0.37% |
Delhivery Limited Transport Services | 0.34% | 0.76% | 0.34% |
Jyoti CNC Automation Ltd Industrial Manufacturing | 0.32% | 0.37% | 0.32% |
Tech Mahindra Limited IT - Software | 0.27% | 2.51% | 0.27% |
Dixon Technologies (India) Limited Consumer Durables | 0.26% | 0.54% | 0.26% |
ICICI Prudential Asset Management Company Limited Capital Markets | 0.23% | 5.88% | 0.23% |
Unique to Axis ELSS Tax Saver
- State Bank of India2.99%
- Reliance Industries Limited2.82%
- Pidilite Industries Limited2.25%
Unique to Invesco India Largecap
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks15.5% (3)
Finance6.4% (3)
IT - Software3.6% (2)
Retailing3.6% (3)
Telecom - Services3.5% (1)
Construction3.0% (1)
Cement & Cement Products2.2% (1)
Automobiles2.0% (2)
Healthcare Services1.7% (2)
Electrical Equipment1.7% (1)
Consumer Durables1.6% (2)
Pharmaceuticals & Biotechnology1.6% (2)
Transport Services1.5% (2)
Financial Technology (Fintech)0.7% (1)
Auto Components0.4% (1)
Industrial Manufacturing0.3% (1)
Capital Markets0.2% (1)
More comparisons for Axis ELSS Tax Saver
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More comparisons for Invesco India Largecap
- vs Invesco India ESG Integration 57.8% · 26 stocks
- vs CANARA ROBECO LARGE CAP54.7% · 31 stocks
- vs Axis Large Cap53.3% · 26 stocks
- vs CANARA ROBECO FOCUSED51.8% · 18 stocks
- vs IB01-Groww Large Cap51.1% · 22 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.