Axis India Manufacturing Fund vs HDFC Manufacturing Fund

Axis vs HDFC· Portfolio Overlap Analysis

44.5%High Overlap
39 common stocksRank #16934 / 20,000

Investor takeaway: At 44.5% 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 (39)

StockWt% in Axis India ManufacturingWt% in HDFC ManufacturingOverlap
Reliance Industries Limited
Petroleum Products
4.21%5.56%4.21%
Mahindra & Mahindra Limited
Automobiles
5.73%3.27%3.27%
Bharat Electronics Limited
Aerospace & Defense
4.69%2.73%2.73%
Maruti Suzuki India Limited
Automobiles
2.59%4.24%2.59%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
2.53%4.24%2.53%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
3.32%2.30%2.30%
Cummins India Limited
Industrial Products
2.29%2.20%2.20%
Hindalco Industries Limited
Non - Ferrous Metals
2.22%2.19%2.19%
Tata Steel Limited
Ferrous Metals
2.48%2.13%2.13%
Bharat Petroleum Corporation Limited
Petroleum Products
1.98%2.08%1.98%
Bajaj Auto Limited
Automobiles
1.79%2.50%1.79%
JSW Steel Limited
Ferrous Metals
1.53%3.66%1.53%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.31%1.37%1.31%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.25%2.02%1.25%
Tata Motors Ltd
Agricultural, Commercial & Construction Vehicles
1.22%3.30%1.22%
Hyundai Motor India Ltd
Automobiles
1.34%1.11%1.11%
Jindal Steel Limited
Ferrous Metals
1.02%1.06%1.02%
Hindustan Aeronautics Limited
Aerospace & Defense
0.96%2.19%0.96%
Bharat Forge Limited
Auto Components
0.94%2.35%0.94%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.89%2.22%0.89%
Schaeffler India Limited
Auto Components
1.28%0.82%0.82%
Craftsman Automation Limited
Auto Components
1.22%0.75%0.75%
Lupin Limited
Pharmaceuticals & Biotechnology
0.59%1.91%0.59%
Bosch Limited
Auto Components
0.53%1.46%0.53%
Timken India Limited
Industrial Products
0.51%1.13%0.51%
Gland Pharma Limited
Pharmaceuticals & Biotechnology
0.49%1.55%0.49%
Kaynes Technology India Limited
Industrial Manufacturing
0.42%1.44%0.42%
Carborundum Universal Limited
Industrial Products
0.50%0.41%0.41%
Siemens Limited
Electrical Equipment
0.38%1.15%0.38%
Sona BLW Precision Forgings Limited
Auto Components
1.44%0.37%0.37%
Samvardhana Motherson International Limited
Auto Components
1.53%0.30%0.30%
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
0.17%0.67%0.17%
Tata Motors Passenger Vehicles Limited
Automobiles
0.13%2.60%0.13%
RHI Magnesita India Limited
Industrial Products
0.12%0.25%0.12%
ABB India Limited
Electrical Equipment
0.11%0.40%0.11%
Aequs Limited
Aerospace & Defense
0.09%0.24%0.09%
Grindwell Norton Limited
Industrial Products
0.42%0.06%0.06%
Dixon Technologies (India) Limited
Consumer Durables
0.06%1.24%0.06%
Whirlpool of India Limited
Consumer Durables
0.05%0.26%0.05%

Unique to Axis India Manufacturing

  • TVS Motor Company Limited2.92%
  • GE Vernova T&D India Limited2.29%

Unique to HDFC Manufacturing

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Automobiles
8.9% (5)
Pharmaceuticals & Biotechnology
7.2% (5)
Petroleum Products
7.1% (3)
Ferrous Metals
4.7% (3)
Aerospace & Defense
3.8% (3)
Auto Components
3.7% (6)
Industrial Products
3.3% (5)
Non - Ferrous Metals
2.2% (1)
Electrical Equipment
1.8% (3)
Agricultural, Commercial & Construction Vehicles
1.2% (1)
Industrial Manufacturing
0.4% (1)
Chemicals & Petrochemicals
0.2% (1)
Consumer Durables
0.1% (2)

More comparisons for Axis India Manufacturing

More comparisons for HDFC Manufacturing

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