Axis ELSS Tax Saver Fund vs Mirae Asset Flexi Cap Fund

Axis vs Mirae· Portfolio Overlap Analysis

48.4%High Overlap

37 common stocksRank #11820 / 20,000

Investor takeaway: At 48.4% 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 (37)

Stock	Wt% in Axis ELSS Tax Saver	Wt% in Mirae Asset Flexi Cap	Overlap
HDFC Bank Limited Banks	6.54%	6.63%	6.54%
ICICI Bank Limited Banks	7.31%	4.82%	4.82%
State Bank of India Banks	2.99%	3.74%	2.99%
Reliance Industries Limited Petroleum Products	2.82%	4.26%	2.82%
Bharti Airtel Limited Telecom - Services	3.71%	2.57%	2.57%
Larsen & Toubro Limited Construction	2.97%	2.42%	2.42%
Infosys Limited IT - Software	3.38%	2.32%	2.32%
Mahindra & Mahindra Limited Automobiles	2.61%	1.71%	1.71%
Axis Bank Limited Banks	1.65%	1.99%	1.65%
CG Power and Industrial Solutions Limited Electrical Equipment	1.67%	1.51%	1.51%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	2.21%	1.47%	1.47%
Tata Consultancy Services Limited IT - Software	1.67%	1.36%	1.36%
UltraTech Cement Limited Cement & Cement Products	2.20%	1.35%	1.35%
TVS Motor Company Limited Automobiles	1.17%	1.44%	1.17%
Titan Company Limited Consumer Durables	1.34%	1.16%	1.16%
Cummins India Limited Industrial Products	1.00%	1.37%	1.00%
Hyundai Motor India Ltd Automobiles	0.99%	0.96%	0.96%
The Federal Bank Limited Banks	1.22%	0.95%	0.95%
Mankind Pharma Limited Pharmaceuticals & Biotechnology	0.94%	1.23%	0.94%
Bajaj Finance Limited Finance	3.34%	0.92%	0.92%
Eternal Limited Retailing	2.15%	0.79%	0.79%
The Indian Hotels Company Limited Leisure Services	1.41%	0.78%	0.78%
Shriram Finance Limited Finance	1.60%	0.72%	0.72%
Schaeffler India Limited Auto Components	0.61%	1.10%	0.61%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.23%	0.56%	0.56%
Jindal Steel Limited Ferrous Metals	0.55%	0.78%	0.55%
Sundaram Finance Limited Finance	0.55%	0.78%	0.55%
InterGlobe Aviation Limited Transport Services	1.16%	0.51%	0.51%
Kotak Mahindra Bank Limited Banks	1.92%	0.48%	0.48%
Tenneco Clean Air India Limited Auto Components	0.41%	0.41%	0.41%
LG Electronics India Ltd Consumer Durables	0.36%	1.11%	0.36%
The Phoenix Mills Limited Realty	0.33%	1.25%	0.33%
Anthem Biosciences Limited Pharmaceuticals & Biotechnology	0.32%	0.64%	0.32%
Tech Mahindra Limited IT - Software	0.27%	0.94%	0.27%
ITC Limited Diversified FMCG	0.24%	1.06%	0.24%
ICICI Prudential Asset Management Company Limited Capital Markets	0.23%	1.11%	0.23%
PB Fintech Limited Financial Technology (Fintech)	0.72%	0.05%	0.05%

Unique to Axis ELSS Tax Saver

Pidilite Industries Limited2.25%

Unique to Mirae Asset Flexi Cap

L&T Finance Ltd.1.79%

Sector Overlap Breakdown

Banks

17.4% (6)

IT - Software

4.0% (3)

Automobiles

3.8% (3)

Pharmaceuticals & Biotechnology

3.3% (4)

Petroleum Products

2.8% (1)

Telecom - Services

2.6% (1)

Construction

2.4% (1)

Finance

2.2% (3)

Consumer Durables

1.5% (2)

Electrical Equipment

1.5% (1)

Cement & Cement Products

1.4% (1)

Auto Components

1.0% (2)

Industrial Products

1.0% (1)

Retailing

0.8% (1)

Leisure Services

0.8% (1)

Ferrous Metals

0.6% (1)

Transport Services

0.5% (1)

Realty

0.3% (1)

Diversified FMCG

0.2% (1)

Capital Markets

0.2% (1)

Financial Technology (Fintech)

0.1% (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 Mirae Asset Flexi Cap

vs CANARA ROBECO LARGE CAP51.6% · 35 stocks
vs SBI BSE 100 ETF51.6% · 44 stocks
vs CANARA ROBECO FLEXICAP51.1% · 33 stocks
vs Axis Nifty 100 Index50.9% · 42 stocks
vs Parag Parikh Large Cap50.9% · 42 stocks

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