Axis ELSS Tax Saver Fund vs Mahindra Manulife ELSS Tax Saver Fund
Axis vs Mahindra· Portfolio Overlap Analysis
47.5%High Overlap
29 common stocksRank #12666 / 20,000
Investor takeaway: At 47.5% 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 Mahindra Manulife ELSS Tax Sav | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 7.87% | 7.31% |
HDFC Bank Limited Banks | 6.54% | 7.46% | 6.54% |
Infosys Limited IT - Software | 3.38% | 3.91% | 3.38% |
Bajaj Finance Limited Finance | 3.34% | 3.59% | 3.34% |
State Bank of India Banks | 2.99% | 3.12% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 3.02% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 5.17% | 2.82% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 2.22% | 2.20% |
Bharti Airtel Limited Telecom - Services | 3.71% | 1.81% | 1.81% |
Tata Consultancy Services Limited IT - Software | 1.67% | 3.00% | 1.67% |
Axis Bank Limited Banks | 1.65% | 3.55% | 1.65% |
Titan Company Limited Consumer Durables | 1.34% | 1.76% | 1.34% |
TVS Motor Company Limited Automobiles | 1.17% | 1.48% | 1.17% |
Hindustan Unilever Limited Diversified FMCG | 1.02% | 2.75% | 1.02% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 0.97% | 0.97% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 0.94% | 1.12% | 0.94% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 0.91% | 1.47% | 0.91% |
Tata Steel Limited Ferrous Metals | 1.04% | 0.83% | 0.83% |
Navin Fluorine International Limited Chemicals & Petrochemicals | 0.71% | 0.80% | 0.71% |
ICICI Lombard General Insurance Company Limited Insurance | 0.54% | 0.78% | 0.54% |
Avenue Supermarts Limited Retailing | 0.46% | 1.52% | 0.46% |
UNO Minda Limited Auto Components | 0.43% | 1.28% | 0.43% |
LG Electronics India Ltd Consumer Durables | 0.36% | 0.88% | 0.36% |
Jyoti CNC Automation Ltd Industrial Manufacturing | 0.32% | 0.89% | 0.32% |
Tech Mahindra Limited IT - Software | 0.27% | 1.35% | 0.27% |
Dixon Technologies (India) Limited Consumer Durables | 0.26% | 0.92% | 0.26% |
Info Edge (India) Limited Retailing | 0.23% | 1.15% | 0.23% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 0.07% | 0.07% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.01% | 0.99% | 0.01% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to Mahindra Manulife ELSS Tax Sav
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks18.5% (4)
IT - Software5.3% (3)
Finance3.3% (1)
Construction3.0% (1)
Petroleum Products2.8% (1)
Cement & Cement Products2.2% (1)
Consumer Durables2.0% (4)
Telecom - Services1.8% (1)
Automobiles1.2% (2)
Diversified FMCG1.0% (1)
Electrical Equipment1.0% (1)
Pharmaceuticals & Biotechnology0.9% (1)
Agricultural, Commercial & Construction Vehicles0.9% (1)
Ferrous Metals0.8% (1)
Chemicals & Petrochemicals0.7% (1)
Retailing0.7% (2)
Insurance0.5% (1)
Auto Components0.4% (1)
Industrial Manufacturing0.3% (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 Mahindra Manulife ELSS Tax Sav
- vs Mahindra Manulife Flexi Cap90.2% · 60 stocks
- vs Mahindra Manulife Large Cap62.9% · 29 stocks
- vs Mahindra Manulife Aggressive H59.9% · 50 stocks
- vs CANARA ROBECO LARGE CAP54.8% · 28 stocks
- vs NIPPON INDIA LARGE CAP54.1% · 27 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.