Axis ELSS Tax Saver Fund vs Mirae Asset Large Cap Fund

Axis vs Mirae· Portfolio Overlap Analysis

51.5%High Overlap

36 common stocksRank #8677 / 20,000

Investor takeaway: At 51.5% 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 (36)

Stock	Wt% in Axis ELSS Tax Saver	Wt% in Mirae Asset Large Cap	Overlap
ICICI Bank Limited Banks	7.31%	8.49%	7.31%
HDFC Bank Limited Banks	6.54%	9.54%	6.54%
Bharti Airtel Limited Telecom - Services	3.71%	4.55%	3.71%
Infosys Limited IT - Software	3.38%	4.28%	3.38%
State Bank of India Banks	2.99%	3.66%	2.99%
Larsen & Toubro Limited Construction	2.97%	3.99%	2.97%
Reliance Industries Limited Petroleum Products	2.82%	4.99%	2.82%
Eternal Limited Retailing	2.15%	2.47%	2.15%
Mahindra & Mahindra Limited Automobiles	2.61%	2.05%	2.05%
Kotak Mahindra Bank Limited Banks	1.92%	1.75%	1.75%
Tata Consultancy Services Limited IT - Software	1.67%	2.94%	1.67%
Axis Bank Limited Banks	1.65%	3.62%	1.65%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.23%	1.37%	1.23%
Titan Company Limited Consumer Durables	1.34%	0.99%	0.99%
Hindustan Unilever Limited Diversified FMCG	1.02%	0.92%	0.92%
Apollo Hospitals Enterprise Limited Healthcare Services	0.87%	1.45%	0.87%
Bajaj Finance Limited Finance	3.34%	0.84%	0.84%
Shriram Finance Limited Finance	1.60%	0.77%	0.77%
The Indian Hotels Company Limited Leisure Services	1.41%	0.77%	0.77%
Sona BLW Precision Forgings Limited Auto Components	1.03%	0.77%	0.77%
Varun Beverages Limited Beverages	0.73%	1.37%	0.73%
Pidilite Industries Limited Chemicals & Petrochemicals	2.25%	0.60%	0.60%
Solar Industries India Limited Chemicals & Petrochemicals	0.59%	0.70%	0.59%
Jindal Steel Limited Ferrous Metals	0.55%	0.56%	0.55%
InterGlobe Aviation Limited Transport Services	1.16%	0.50%	0.50%
Trent Limited Retailing	0.49%	0.86%	0.49%
Avenue Supermarts Limited Retailing	0.46%	0.50%	0.46%
LG Electronics India Ltd Consumer Durables	0.36%	0.37%	0.36%
Godrej Consumer Products Limited Personal Products	0.27%	1.23%	0.27%
UltraTech Cement Limited Cement & Cement Products	2.20%	0.26%	0.26%
ITC Limited Diversified FMCG	0.24%	3.12%	0.24%
Tata Steel Limited Ferrous Metals	1.04%	0.19%	0.19%
ICICI Prudential Asset Management Company Limited Capital Markets	0.23%	0.09%	0.09%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	2.21%	0.01%	0.01%
Crompton Greaves Consumer Electricals Limited Consumer Durables	0.01%	0.40%	0.01%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.44%	0.00%	0.00%

Unique to Axis ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to Mirae Asset Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

20.2% (5)

IT - Software

5.0% (2)

Telecom - Services

3.7% (1)

Retailing

3.1% (3)

Construction

3.0% (1)

Petroleum Products

2.8% (1)

Automobiles

2.0% (1)

Finance

1.6% (2)

Consumer Durables

1.4% (3)

Pharmaceuticals & Biotechnology

1.2% (3)

Chemicals & Petrochemicals

1.2% (2)

Diversified FMCG

1.2% (2)

Healthcare Services

0.9% (1)

Leisure Services

0.8% (1)

Auto Components

0.8% (1)

Ferrous Metals

0.7% (2)

Beverages

0.7% (1)

Transport Services

0.5% (1)

Personal Products

0.3% (1)

Cement & Cement Products

0.3% (1)

Capital Markets

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 Large Cap

vs HDFC NIFTY 50 ETF68.5% · 33 stocks
vs HDFC Nifty 50 Index68.5% · 33 stocks
vs ICICI Prudential Nifty 50 ETF68.5% · 33 stocks
vs Mirae Asset Nifty 50 ETF68.5% · 33 stocks
vs SBI Nifty Index68.5% · 33 stocks

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