Axis ELSS Tax Saver Fund vs NIPPON INDIA LARGE CAP FUND

Axis vs Nippon· Portfolio Overlap Analysis

53.7%High Overlap

36 common stocksRank #7402 / 20,000

Investor takeaway: At 53.7% 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 NIPPON INDIA LARGE CAP	Overlap
ICICI Bank Limited Banks	7.31%	7.02%	7.02%
HDFC Bank Limited Banks	6.54%	8.82%	6.54%
State Bank of India Banks	2.99%	3.99%	2.99%
Larsen & Toubro Limited Construction	2.97%	4.24%	2.97%
Infosys Limited IT - Software	3.38%	2.94%	2.94%
Reliance Industries Limited Petroleum Products	2.82%	5.30%	2.82%
Bajaj Finance Limited Finance	3.34%	2.80%	2.80%
Mahindra & Mahindra Limited Automobiles	2.61%	2.44%	2.44%
Kotak Mahindra Bank Limited Banks	1.92%	2.02%	1.92%
Tata Consultancy Services Limited IT - Software	1.67%	2.41%	1.67%
Axis Bank Limited Banks	1.65%	4.20%	1.65%
UltraTech Cement Limited Cement & Cement Products	2.20%	1.42%	1.42%
Eternal Limited Retailing	2.15%	1.10%	1.10%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	2.21%	1.07%	1.07%
InterGlobe Aviation Limited Transport Services	1.16%	1.07%	1.07%
Tata Steel Limited Ferrous Metals	1.04%	1.28%	1.04%
Hindustan Unilever Limited Diversified FMCG	1.02%	2.29%	1.02%
The Indian Hotels Company Limited Leisure Services	1.41%	0.97%	0.97%
Cholamandalam Investment and Finance Company Ltd Finance	1.96%	0.91%	0.91%
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles	0.91%	0.99%	0.91%
GE Vernova T&D India Limited Electrical Equipment	0.83%	2.82%	0.83%
HDFC Life Insurance Company Limited Insurance	1.22%	0.77%	0.77%
PB Fintech Limited Financial Technology (Fintech)	0.72%	0.72%	0.72%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.23%	0.71%	0.71%
Hyundai Motor India Ltd Automobiles	0.99%	0.71%	0.71%
Vishal Mega Mart Limited Retailing	0.98%	0.69%	0.69%
Mankind Pharma Limited Pharmaceuticals & Biotechnology	0.94%	0.64%	0.64%
ICICI Lombard General Insurance Company Limited Insurance	0.54%	0.74%	0.54%
Trent Limited Retailing	0.49%	0.90%	0.49%
Varun Beverages Limited Beverages	0.73%	0.46%	0.46%
Avenue Supermarts Limited Retailing	0.46%	1.90%	0.46%
Samvardhana Motherson International Limited Auto Components	0.37%	1.65%	0.37%
Godrej Consumer Products Limited Personal Products	0.27%	0.49%	0.27%
Tech Mahindra Limited IT - Software	0.27%	0.66%	0.27%
Dixon Technologies (India) Limited Consumer Durables	0.26%	0.36%	0.26%
ITC Limited Diversified FMCG	0.24%	2.61%	0.24%

Unique to Axis ELSS Tax Saver

Bharti Airtel Limited3.71%
Pidilite Industries Limited2.25%

Unique to NIPPON INDIA LARGE CAP

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

20.1% (5)

IT - Software

4.9% (3)

Finance

3.7% (2)

Automobiles

3.1% (2)

Construction

3.0% (1)

Petroleum Products

2.8% (1)

Retailing

2.7% (4)

Pharmaceuticals & Biotechnology

2.4% (3)

Cement & Cement Products

1.4% (1)

Insurance

1.3% (2)

Diversified FMCG

1.3% (2)

Transport Services

1.1% (1)

Ferrous Metals

1.0% (1)

Leisure Services

1.0% (1)

Agricultural, Commercial & Construction Vehicles

0.9% (1)

Electrical Equipment

0.8% (1)

Financial Technology (Fintech)

0.7% (1)

Beverages

0.5% (1)

Auto Components

0.4% (1)

Personal Products

0.3% (1)

Consumer Durables

0.3% (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 NIPPON INDIA LARGE CAP

vs CANARA ROBECO LARGE CAP66.2% · 35 stocks
vs Parag Parikh Large Cap65.6% · 46 stocks
vs Axis Nifty 100 Index65.6% · 46 stocks
vs HDFC NIFTY 100 ETF65.6% · 46 stocks
vs ICICI Prudential Nifty 100 ETF65.6% · 46 stocks

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