Axis ELSS Tax Saver Fund vs PGIM INDIA BALANCED ADVANTAGE FUND

Axis vs PGIM· Portfolio Overlap Analysis

45.7%High Overlap

45 common stocksRank #15018 / 20,000

Investor takeaway: At 45.7% 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 (45)

Stock	Wt% in Axis ELSS Tax Saver	Wt% in PGIM INDIA BALANCED ADVANTAGE	Overlap
HDFC Bank Limited Banks	6.54%	6.06%	6.06%
ICICI Bank Limited Banks	7.31%	4.42%	4.42%
Reliance Industries Limited Petroleum Products	2.82%	4.42%	2.82%
State Bank of India Banks	2.99%	2.40%	2.40%
Bharti Airtel Limited Telecom - Services	3.71%	2.28%	2.28%
Larsen & Toubro Limited Construction	2.97%	1.79%	1.79%
Bajaj Finance Limited Finance	3.34%	1.76%	1.76%
Infosys Limited IT - Software	3.38%	1.52%	1.52%
Titan Company Limited Consumer Durables	1.34%	1.23%	1.23%
Axis Bank Limited Banks	1.65%	1.21%	1.21%
Mahindra & Mahindra Limited Automobiles	2.61%	1.20%	1.20%
TVS Motor Company Limited Automobiles	1.17%	1.09%	1.09%
Eternal Limited Retailing	2.15%	1.08%	1.08%
Torrent Power Limited Power	2.12%	1.00%	1.00%
Tata Consultancy Services Limited IT - Software	1.67%	0.89%	0.89%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	2.21%	0.81%	0.81%
Kotak Mahindra Bank Limited Banks	1.92%	0.76%	0.76%
UltraTech Cement Limited Cement & Cement Products	2.20%	0.75%	0.75%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.23%	0.73%	0.73%
Varun Beverages Limited Beverages	0.73%	1.29%	0.73%
Max Healthcare Institute Limited Healthcare Services	0.81%	0.72%	0.72%
Mankind Pharma Limited Pharmaceuticals & Biotechnology	0.94%	0.70%	0.70%
JB Chemicals & Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.67%	0.75%	0.67%
CG Power and Industrial Solutions Limited Electrical Equipment	1.67%	0.64%	0.64%
Cummins India Limited Industrial Products	1.00%	0.61%	0.61%
Solar Industries India Limited Chemicals & Petrochemicals	0.59%	0.64%	0.59%
Vishal Mega Mart Limited Retailing	0.98%	0.58%	0.58%
Jindal Steel Limited Ferrous Metals	0.55%	0.59%	0.55%
ICICI Lombard General Insurance Company Limited Insurance	0.54%	0.52%	0.52%
HDFC Life Insurance Company Limited Insurance	1.22%	0.49%	0.49%
Navin Fluorine International Limited Chemicals & Petrochemicals	0.71%	0.49%	0.49%
PB Fintech Limited Financial Technology (Fintech)	0.72%	0.43%	0.43%
UNO Minda Limited Auto Components	0.43%	0.71%	0.43%
Prestige Estates Projects Limited Realty	0.40%	0.50%	0.40%
Blue Star Limited Consumer Durables	0.50%	0.37%	0.37%
LG Electronics India Ltd Consumer Durables	0.36%	0.37%	0.36%
Persistent Systems Limited IT - Software	0.36%	0.65%	0.36%
Shriram Finance Limited Finance	1.60%	0.35%	0.35%
The Federal Bank Limited Banks	1.22%	0.35%	0.35%
Nestle India Limited Food Products	0.75%	0.33%	0.33%
Tech Mahindra Limited IT - Software	0.27%	0.51%	0.27%
Dixon Technologies (India) Limited Consumer Durables	0.26%	0.53%	0.26%
ITC Limited Diversified FMCG	0.24%	0.33%	0.24%
GE Vernova T&D India Limited Electrical Equipment	0.83%	0.23%	0.23%
Info Edge (India) Limited Retailing	0.23%	0.37%	0.23%

Unique to Axis ELSS Tax Saver

Pidilite Industries Limited2.25%

Unique to PGIM INDIA BALANCED ADVANTAGE

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

15.2% (6)

IT - Software

3.0% (4)

Pharmaceuticals & Biotechnology

2.9% (4)

Petroleum Products

2.8% (1)

Automobiles

2.3% (2)

Telecom - Services

2.3% (1)

Consumer Durables

2.2% (4)

Finance

2.1% (2)

Retailing

1.9% (3)

Construction

1.8% (1)

Chemicals & Petrochemicals

1.1% (2)

Insurance

1.0% (2)

Power

1.0% (1)

Electrical Equipment

0.9% (2)

Cement & Cement Products

0.8% (1)

Beverages

0.7% (1)

Healthcare Services

0.7% (1)

Industrial Products

0.6% (1)

Ferrous Metals

0.6% (1)

Financial Technology (Fintech)

0.4% (1)

Auto Components

0.4% (1)

Realty

0.4% (1)

Food Products

0.3% (1)

Diversified FMCG

0.2% (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 PGIM INDIA BALANCED ADVANTAGE

vs PGIM INDIA LARGE CAP51.4% · 46 stocks
vs PGIM INDIA FLEXI CAP50.4% · 48 stocks
vs ADITYA BIRLA SUN LIFE MSCI IND47.9% · 58 stocks
vs Kotak MSCI India ETF47.9% · 58 stocks
vs DSP MSCI India ETF47.8% · 58 stocks

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