Axis Large Cap Fund vs Mahindra Manulife ELSS Tax Saver Fund
Axis vs Mahindra· Portfolio Overlap Analysis
50.4%High Overlap
25 common stocksRank #9766 / 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 (25)
| Stock | Wt% in Axis Large Cap | Wt% in Mahindra Manulife ELSS Tax Sav | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 8.73% | 7.87% | 7.87% |
HDFC Bank Limited Banks | 8.30% | 7.46% | 7.46% |
Reliance Industries Limited Petroleum Products | 6.06% | 5.17% | 5.17% |
Infosys Limited IT - Software | 4.04% | 3.91% | 3.91% |
Bajaj Finance Limited Finance | 3.91% | 3.59% | 3.59% |
State Bank of India Banks | 4.22% | 3.12% | 3.12% |
Larsen & Toubro Limited Construction | 5.24% | 3.02% | 3.02% |
UltraTech Cement Limited Cement & Cement Products | 2.73% | 2.22% | 2.22% |
Bharti Airtel Limited Telecom - Services | 4.41% | 1.81% | 1.81% |
Titan Company Limited Consumer Durables | 1.94% | 1.76% | 1.76% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 1.40% | 1.47% | 1.40% |
NTPC Limited Power | 1.19% | 1.22% | 1.19% |
TVS Motor Company Limited Automobiles | 0.99% | 1.48% | 0.99% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.18% | 0.97% | 0.97% |
Tech Mahindra Limited IT - Software | 0.95% | 1.35% | 0.95% |
Tata Consultancy Services Limited IT - Software | 0.83% | 3.00% | 0.83% |
Axis Bank Limited Banks | 0.80% | 3.55% | 0.80% |
Maruti Suzuki India Limited Automobiles | 0.77% | 1.40% | 0.77% |
LG Electronics India Ltd Consumer Durables | 0.50% | 0.88% | 0.50% |
Britannia Industries Limited Food Products | 0.50% | 1.38% | 0.50% |
Avenue Supermarts Limited Retailing | 0.45% | 1.52% | 0.45% |
Hindustan Unilever Limited Diversified FMCG | 0.44% | 2.75% | 0.44% |
Dixon Technologies (India) Limited Consumer Durables | 0.30% | 0.92% | 0.30% |
Tata Power Company Limited Power | 0.27% | 1.30% | 0.27% |
Mahindra & Mahindra Limited Automobiles | 3.57% | 0.07% | 0.07% |
Unique to Axis Large Cap
- Kotak Mahindra Bank Limited3.61%
Unique to Mahindra Manulife ELSS Tax Sav
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks19.3% (4)
IT - Software5.7% (3)
Petroleum Products5.2% (1)
Finance3.6% (1)
Construction3.0% (1)
Consumer Durables2.6% (3)
Cement & Cement Products2.2% (1)
Automobiles1.8% (3)
Telecom - Services1.8% (1)
Power1.5% (2)
Agricultural, Commercial & Construction Vehicles1.4% (1)
Electrical Equipment1.0% (1)
Food Products0.5% (1)
Retailing0.5% (1)
Diversified FMCG0.4% (1)
More comparisons for Axis Large Cap
- vs CANARA ROBECO LARGE CAP73.0% · 39 stocks
- vs PGIM INDIA LARGE CAP65.5% · 35 stocks
- vs HDFC NIFTY 50 ETF65.1% · 29 stocks
- vs HDFC Nifty 50 Index65.1% · 29 stocks
- vs ICICI Prudential Nifty 50 ETF65.1% · 29 stocks
More comparisons for Mahindra Manulife ELSS Tax Sav
- vs Mahindra Manulife Flexi Cap90.2% · 60 stocks
- vs Mahindra Manulife Large Cap62.9% · 29 stocks
- vs Mahindra Manulife Aggressive H59.9% · 50 stocks
- vs CANARA ROBECO LARGE CAP54.8% · 28 stocks
- vs NIPPON INDIA LARGE CAP54.1% · 27 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.