Axis ELSS Tax Saver Fund vs Nippon India Flexi Cap Fund

Axis vs Nippon· Portfolio Overlap Analysis

47.2%High Overlap
38 common stocksRank #13098 / 20,000

Investor takeaway: At 47.2% 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 (38)

StockWt% in Axis ELSS Tax SaverWt% in Nippon India Flexi CapOverlap
HDFC Bank Limited
Banks
6.54%6.34%6.34%
ICICI Bank Limited
Banks
7.31%5.29%5.29%
Infosys Limited
IT - Software
3.38%3.06%3.06%
Larsen & Toubro Limited
Construction
2.97%2.97%2.97%
Reliance Industries Limited
Petroleum Products
2.82%3.68%2.82%
Bajaj Finance Limited
Finance
3.34%2.75%2.75%
Mahindra & Mahindra Limited
Automobiles
2.61%2.56%2.56%
State Bank of India
Banks
2.99%2.08%2.08%
Bharti Airtel Limited
Telecom - Services
3.71%2.02%2.02%
Axis Bank Limited
Banks
1.65%4.37%1.65%
Eternal Limited
Retailing
2.15%1.21%1.21%
Kotak Mahindra Bank Limited
Banks
1.92%1.17%1.17%
UltraTech Cement Limited
Cement & Cement Products
2.20%1.16%1.16%
InterGlobe Aviation Limited
Transport Services
1.16%1.34%1.16%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.94%1.66%0.94%
Tata Motors Ltd
Agricultural, Commercial & Construction Vehicles
0.91%1.27%0.91%
Vishal Mega Mart Limited
Retailing
0.98%0.86%0.86%
Varun Beverages Limited
Beverages
0.73%1.48%0.73%
JB Chemicals & Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.67%1.17%0.67%
Cholamandalam Investment and Finance Company Ltd
Finance
1.96%0.55%0.55%
Jindal Steel Limited
Ferrous Metals
0.55%1.48%0.55%
The Indian Hotels Company Limited
Leisure Services
1.41%0.52%0.52%
PB Fintech Limited
Financial Technology (Fintech)
0.72%0.52%0.52%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.87%0.50%0.50%
Trent Limited
Retailing
0.49%0.80%0.49%
Bharat Heavy Electricals Limited
Electrical Equipment
0.48%1.14%0.48%
The Federal Bank Limited
Banks
1.22%0.47%0.47%
Avenue Supermarts Limited
Retailing
0.46%1.15%0.46%
Samvardhana Motherson International Limited
Auto Components
0.37%1.85%0.37%
Delhivery Limited
Transport Services
0.34%0.72%0.34%
Godrej Consumer Products Limited
Personal Products
0.27%1.06%0.27%
Tech Mahindra Limited
IT - Software
0.27%1.00%0.27%
Dixon Technologies (India) Limited
Consumer Durables
0.26%0.56%0.26%
ITC Limited
Diversified FMCG
0.24%1.23%0.24%
Info Edge (India) Limited
Retailing
0.23%0.53%0.23%
LG Electronics India Ltd
Consumer Durables
0.36%0.21%0.21%
ICICI Prudential Asset Management Company Limited
Capital Markets
0.23%0.07%0.07%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.01%0.75%0.01%

Unique to Axis ELSS Tax Saver

  • Pidilite Industries Limited2.25%

Unique to Nippon India Flexi Cap

  • Maruti Suzuki India Limited2.26%
  • Vedanta Limited2.23%

Sector Overlap Breakdown

Banks
17.0% (6)
IT - Software
3.3% (2)
Finance
3.3% (2)
Retailing
3.3% (5)
Construction
3.0% (1)
Petroleum Products
2.8% (1)
Automobiles
2.6% (1)
Telecom - Services
2.0% (1)
Pharmaceuticals & Biotechnology
1.6% (2)
Transport Services
1.5% (2)
Cement & Cement Products
1.2% (1)
Agricultural, Commercial & Construction Vehicles
0.9% (1)
Beverages
0.7% (1)
Ferrous Metals
0.6% (1)
Leisure Services
0.5% (1)
Financial Technology (Fintech)
0.5% (1)
Healthcare Services
0.5% (1)
Electrical Equipment
0.5% (1)
Consumer Durables
0.5% (3)
Auto Components
0.4% (1)
Personal Products
0.3% (1)
Diversified FMCG
0.2% (1)
Capital Markets
0.1% (1)

More comparisons for Axis ELSS Tax Saver

More comparisons for Nippon India Flexi Cap

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