Axis ELSS Tax Saver Fund vs NIPPON INDIA BALANCED ADVANTAGE FUND

Axis vs Nippon· Portfolio Overlap Analysis

44.8%High Overlap
40 common stocksRank #16442 / 20,000

Investor takeaway: At 44.8% 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 (40)

StockWt% in Axis ELSS Tax SaverWt% in NIPPON INDIA BALANCED ADVANTAGOverlap
ICICI Bank Limited
Banks
7.31%5.35%5.35%
HDFC Bank Limited
Banks
6.54%3.91%3.91%
State Bank of India
Banks
2.99%3.43%2.99%
Reliance Industries Limited
Petroleum Products
2.82%2.66%2.66%
Infosys Limited
IT - Software
3.38%2.54%2.54%
Bharti Airtel Limited
Telecom - Services
3.71%2.33%2.33%
Mahindra & Mahindra Limited
Automobiles
2.61%2.30%2.30%
Larsen & Toubro Limited
Construction
2.97%2.00%2.00%
Bajaj Finance Limited
Finance
3.34%1.90%1.90%
Axis Bank Limited
Banks
1.65%2.41%1.65%
TVS Motor Company Limited
Automobiles
1.17%1.10%1.10%
Kotak Mahindra Bank Limited
Banks
1.92%1.07%1.07%
Eternal Limited
Retailing
2.15%1.02%1.02%
Cholamandalam Investment and Finance Company Ltd
Finance
1.96%0.96%0.96%
Hindustan Unilever Limited
Diversified FMCG
1.02%0.90%0.90%
GE Vernova T&D India Limited
Electrical Equipment
0.83%1.08%0.83%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.67%0.79%0.79%
InterGlobe Aviation Limited
Transport Services
1.16%0.75%0.75%
Tata Steel Limited
Ferrous Metals
1.04%0.72%0.72%
HDFC Life Insurance Company Limited
Insurance
1.22%0.69%0.69%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.87%0.69%0.69%
Cummins India Limited
Industrial Products
1.00%0.66%0.66%
PB Fintech Limited
Financial Technology (Fintech)
0.72%0.64%0.64%
Varun Beverages Limited
Beverages
0.73%0.61%0.61%
Jindal Steel Limited
Ferrous Metals
0.55%0.60%0.55%
Bharat Heavy Electricals Limited
Electrical Equipment
0.48%0.55%0.48%
Titan Company Limited
Consumer Durables
1.34%0.46%0.46%
Avenue Supermarts Limited
Retailing
0.46%0.79%0.46%
The Indian Hotels Company Limited
Leisure Services
1.41%0.45%0.45%
Prestige Estates Projects Limited
Realty
0.40%0.50%0.40%
Samvardhana Motherson International Limited
Auto Components
0.37%1.05%0.37%
LG Electronics India Ltd
Consumer Durables
0.36%0.59%0.36%
ICICI Lombard General Insurance Company Limited
Insurance
0.54%0.35%0.35%
Delhivery Limited
Transport Services
0.34%0.57%0.34%
Godrej Consumer Products Limited
Personal Products
0.27%1.13%0.27%
Tech Mahindra Limited
IT - Software
0.27%0.63%0.27%
Dixon Technologies (India) Limited
Consumer Durables
0.26%0.48%0.26%
Blue Star Limited
Consumer Durables
0.50%0.25%0.25%
ITC Limited
Diversified FMCG
0.24%1.16%0.24%
Pidilite Industries Limited
Chemicals & Petrochemicals
2.25%0.23%0.23%

Unique to Axis ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to NIPPON INDIA BALANCED ADVANTAG

  • NTPC Limited2.27%

Sector Overlap Breakdown

Banks
15.0% (5)
Automobiles
3.4% (2)
Finance
2.9% (2)
IT - Software
2.8% (2)
Petroleum Products
2.7% (1)
Telecom - Services
2.3% (1)
Electrical Equipment
2.1% (3)
Construction
2.0% (1)
Retailing
1.5% (2)
Consumer Durables
1.3% (4)
Ferrous Metals
1.3% (2)
Diversified FMCG
1.1% (2)
Transport Services
1.1% (2)
Insurance
1.0% (2)
Healthcare Services
0.7% (1)
Industrial Products
0.7% (1)
Financial Technology (Fintech)
0.6% (1)
Beverages
0.6% (1)
Leisure Services
0.5% (1)
Realty
0.4% (1)
Auto Components
0.4% (1)
Personal Products
0.3% (1)
Chemicals & Petrochemicals
0.2% (1)

More comparisons for Axis ELSS Tax Saver

More comparisons for NIPPON INDIA BALANCED ADVANTAG

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