Axis ELSS Tax Saver Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME
Axis vs Nippon· Portfolio Overlap Analysis
50.4%High Overlap
31 common stocksRank #9555 / 20,000
Investor takeaway: At 50.4% 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 (31)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in NIPPON INDIA RETIREMENT FUND - | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 7.59% | 7.31% |
HDFC Bank Limited Banks | 6.54% | 7.08% | 6.54% |
State Bank of India Banks | 2.99% | 3.99% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 3.62% | 2.97% |
Infosys Limited IT - Software | 3.38% | 2.86% | 2.86% |
Bajaj Finance Limited Finance | 3.34% | 2.86% | 2.86% |
Reliance Industries Limited Petroleum Products | 2.82% | 4.56% | 2.82% |
Bharti Airtel Limited Telecom - Services | 3.71% | 2.69% | 2.69% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 2.54% | 2.54% |
Axis Bank Limited Banks | 1.65% | 3.20% | 1.65% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 1.62% | 1.62% |
Eternal Limited Retailing | 2.15% | 1.34% | 1.34% |
Titan Company Limited Consumer Durables | 1.34% | 1.38% | 1.34% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.54% | 1.16% |
Cummins India Limited Industrial Products | 1.00% | 1.56% | 1.00% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 0.96% | 0.96% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.87% | 0.87% | 0.87% |
TVS Motor Company Limited Automobiles | 1.17% | 0.86% | 0.86% |
Shriram Finance Limited Finance | 1.60% | 0.78% | 0.78% |
Nestle India Limited Food Products | 0.75% | 1.11% | 0.75% |
Varun Beverages Limited Beverages | 0.73% | 1.15% | 0.73% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 0.76% | 0.72% |
The Indian Hotels Company Limited Leisure Services | 1.41% | 0.57% | 0.57% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 0.94% | 0.53% | 0.53% |
Blue Star Limited Consumer Durables | 0.50% | 1.24% | 0.50% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 1.89% | 0.37% |
Delhivery Limited Transport Services | 0.34% | 0.80% | 0.34% |
Tech Mahindra Limited IT - Software | 0.27% | 1.84% | 0.27% |
Dixon Technologies (India) Limited Consumer Durables | 0.26% | 0.97% | 0.26% |
Info Edge (India) Limited Retailing | 0.23% | 0.52% | 0.23% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.01% | 1.15% | 0.01% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to NIPPON INDIA RETIREMENT FUND -
- NTPC Limited2.93%
Sector Overlap Breakdown
Banks18.5% (4)
Finance4.6% (3)
Automobiles3.4% (2)
IT - Software3.1% (2)
Construction3.0% (1)
Petroleum Products2.8% (1)
Telecom - Services2.7% (1)
Consumer Durables2.1% (4)
Cement & Cement Products1.6% (1)
Retailing1.6% (2)
Transport Services1.5% (2)
Industrial Products1.0% (1)
Healthcare Services0.9% (1)
Food Products0.8% (1)
Beverages0.7% (1)
Financial Technology (Fintech)0.7% (1)
Leisure Services0.6% (1)
Pharmaceuticals & Biotechnology0.5% (1)
Auto Components0.4% (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 RETIREMENT FUND -
- vs CANARA ROBECO LARGE CAP62.5% · 35 stocks
- vs ADITYA BIRLA SUN LIFE LARGE CA59.5% · 36 stocks
- vs CANARA ROBECO FLEXICAP58.5% · 36 stocks
- vs Kotak Large Cap57.6% · 25 stocks
- vs Nippon India Flexi Cap57.1% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.