Axis India Manufacturing Fund vs TATA NIFTY500 MULTICAP INDIA MANUFACTURING 50-30-20 INDEX FUND
Axis vs Tata· Portfolio Overlap Analysis
48.2%High Overlap
39 common stocksRank #11975 / 20,000
Investor takeaway: At 48.2% 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 (39)
| Stock | Wt% in Axis India Manufacturing | Wt% in TATA NIFTY500 MULTICAP INDIA M | Overlap |
|---|---|---|---|
Mahindra & Mahindra Limited Automobiles | 5.73% | 6.56% | 5.73% |
Reliance Industries Limited Petroleum Products | 4.21% | 8.88% | 4.21% |
Bharat Electronics Limited Aerospace & Defense | 4.69% | 3.44% | 3.44% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 3.32% | 3.98% | 3.32% |
Maruti Suzuki India Limited Automobiles | 2.59% | 4.21% | 2.59% |
Tata Steel Limited Ferrous Metals | 2.48% | 3.79% | 2.48% |
Hindalco Industries Limited Non - Ferrous Metals | 2.22% | 2.89% | 2.22% |
Cummins India Limited Industrial Products | 2.29% | 2.11% | 2.11% |
Bajaj Auto Limited Automobiles | 1.79% | 2.39% | 1.79% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.53% | 1.76% | 1.76% |
JSW Steel Limited Ferrous Metals | 1.53% | 2.57% | 1.53% |
Ashok Leyland Limited Agricultural, Commercial & Construction Vehicles | 1.29% | 1.92% | 1.29% |
Eicher Motors Limited Automobiles | 1.20% | 2.38% | 1.20% |
Bharat Heavy Electricals Limited Electrical Equipment | 1.03% | 1.08% | 1.03% |
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 1.25% | 1.02% | 1.02% |
Hindustan Aeronautics Limited Aerospace & Defense | 0.96% | 1.60% | 0.96% |
Bharat Forge Limited Auto Components | 0.94% | 1.62% | 0.94% |
Hindustan Petroleum Corporation Limited Petroleum Products | 0.89% | 1.34% | 0.89% |
Laurus Labs Limited Pharmaceuticals & Biotechnology | 0.87% | 2.04% | 0.87% |
JB Chemicals & Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 1.27% | 0.82% | 0.82% |
Supreme Industries Limited Industrial Products | 0.81% | 0.82% | 0.81% |
Sona BLW Precision Forgings Limited Auto Components | 1.44% | 0.76% | 0.76% |
Voltas Limited Consumer Durables | 0.69% | 1.13% | 0.69% |
Lupin Limited Pharmaceuticals & Biotechnology | 0.59% | 1.78% | 0.59% |
PI Industries Limited Fertilizers & Agrochemicals | 0.54% | 0.80% | 0.54% |
Sai Life Sciences Limited Pharmaceuticals & Biotechnology | 0.52% | 0.67% | 0.52% |
Timken India Limited Industrial Products | 0.51% | 0.61% | 0.51% |
Gland Pharma Limited Pharmaceuticals & Biotechnology | 0.49% | 0.71% | 0.49% |
PG Electroplast Limited Consumer Durables | 0.48% | 0.49% | 0.48% |
Welspun Corp Limited Industrial Products | 0.47% | 0.53% | 0.47% |
Carborundum Universal Limited Industrial Products | 0.50% | 0.46% | 0.46% |
SRF Limited Chemicals & Petrochemicals | 0.46% | 1.18% | 0.46% |
Kaynes Technology India Limited Industrial Manufacturing | 0.42% | 0.59% | 0.42% |
Astral Limited Industrial Products | 0.33% | 0.65% | 0.33% |
Hero MotoCorp Limited Automobiles | 0.20% | 2.36% | 0.20% |
Tata Motors Passenger Vehicles Limited Automobiles | 0.13% | 1.73% | 0.13% |
Dixon Technologies (India) Limited Consumer Durables | 0.06% | 1.38% | 0.06% |
Whirlpool of India Limited Consumer Durables | 0.05% | 0.28% | 0.05% |
Exide Industries Limited Auto Components | 0.04% | 0.48% | 0.04% |
Unique to Axis India Manufacturing
- TVS Motor Company Limited2.92%
- GE Vernova T&D India Limited2.29%
Unique to TATA NIFTY500 MULTICAP INDIA M
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Automobiles11.6% (6)
Pharmaceuticals & Biotechnology9.4% (8)
Petroleum Products5.1% (2)
Industrial Products4.7% (6)
Aerospace & Defense4.4% (2)
Ferrous Metals4.0% (2)
Non - Ferrous Metals2.2% (1)
Auto Components1.7% (3)
Agricultural, Commercial & Construction Vehicles1.3% (1)
Consumer Durables1.3% (4)
Electrical Equipment1.0% (1)
Fertilizers & Agrochemicals0.5% (1)
Chemicals & Petrochemicals0.5% (1)
Industrial Manufacturing0.4% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.