Axis Large Cap Fund vs Invesco India Contra Fund

Axis vs Invesco· Portfolio Overlap Analysis

43.1%High Overlap
22 common stocksRank #18614 / 20,000

Investor takeaway: At 43.1% 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 (22)

StockWt% in Axis Large CapWt% in Invesco India ContraOverlap
HDFC Bank Limited
Banks
8.30%7.06%7.06%
ICICI Bank Limited
Banks
8.73%5.15%5.15%
Larsen & Toubro Limited
Construction
5.24%4.08%4.08%
Infosys Limited
IT - Software
4.04%3.80%3.80%
Mahindra & Mahindra Limited
Automobiles
3.57%3.79%3.57%
Reliance Industries Limited
Petroleum Products
6.06%3.41%3.41%
Apollo Hospitals Enterprise Limited
Healthcare Services
2.51%2.23%2.23%
Bharat Electronics Limited
Aerospace & Defense
1.64%1.96%1.64%
Kotak Mahindra Bank Limited
Banks
3.61%1.51%1.51%
Tata Motors Ltd
Agricultural, Commercial & Construction Vehicles
1.40%1.29%1.29%
Cholamandalam Investment and Finance Company Ltd
Finance
1.13%2.53%1.13%
Samvardhana Motherson International Limited
Auto Components
1.08%1.17%1.08%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
1.07%1.26%1.07%
TVS Motor Company Limited
Automobiles
0.99%1.69%0.99%
UltraTech Cement Limited
Cement & Cement Products
2.73%0.90%0.90%
Eternal Limited
Retailing
1.96%0.83%0.83%
Axis Bank Limited
Banks
0.80%3.61%0.80%
Shriram Finance Limited
Finance
1.69%0.79%0.79%
Tech Mahindra Limited
IT - Software
0.95%0.67%0.67%
Britannia Industries Limited
Food Products
0.50%0.43%0.43%
Varun Beverages Limited
Beverages
0.40%1.22%0.40%
SBI Life Insurance Company Limited
Insurance
0.32%0.87%0.32%

Unique to Axis Large Cap

  • Bharti Airtel Limited4.41%
  • State Bank of India4.22%
  • Bajaj Finance Limited3.91%

Unique to Invesco India Contra

  • The Federal Bank Limited2.03%

Sector Overlap Breakdown

Banks
14.5% (4)
Automobiles
4.6% (2)
IT - Software
4.5% (2)
Construction
4.1% (1)
Petroleum Products
3.4% (1)
Healthcare Services
2.2% (1)
Finance
1.9% (2)
Aerospace & Defense
1.6% (1)
Agricultural, Commercial & Construction Vehicles
1.3% (1)
Auto Components
1.1% (1)
Pharmaceuticals & Biotechnology
1.1% (1)
Cement & Cement Products
0.9% (1)
Retailing
0.8% (1)
Food Products
0.4% (1)
Beverages
0.4% (1)
Insurance
0.3% (1)

More comparisons for Axis Large Cap

More comparisons for Invesco India Contra

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