Axis Midcap Fund vs Nippon India Growth Mid Cap Fund

Axis vs Nippon· Portfolio Overlap Analysis

45.6%High Overlap
55 common stocksRank #15120 / 20,000

Investor takeaway: At 45.6% 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 (55)

StockWt% in Axis MidcapWt% in Nippon India Growth Mid CapOverlap
Fortis Healthcare Limited
Healthcare Services
3.85%2.90%2.90%
The Federal Bank Limited
Banks
3.98%2.80%2.80%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
1.77%2.11%1.77%
GE Vernova T&D India Limited
Electrical Equipment
2.39%1.68%1.68%
Indian Bank
Banks
1.48%1.80%1.48%
Bharat Forge Limited
Auto Components
1.46%2.37%1.46%
Cummins India Limited
Industrial Products
1.80%1.45%1.45%
Torrent Power Limited
Power
1.51%1.25%1.25%
Bharat Heavy Electricals Limited
Electrical Equipment
1.20%1.26%1.20%
ICICI Lombard General Insurance Company Limited
Insurance
1.15%1.17%1.15%
Supreme Industries Limited
Industrial Products
1.27%1.10%1.10%
IPCA Laboratories Limited
Pharmaceuticals & Biotechnology
1.63%1.08%1.08%
Persistent Systems Limited
IT - Software
1.07%1.77%1.07%
Lupin Limited
Pharmaceuticals & Biotechnology
1.05%1.34%1.05%
Bharat Electronics Limited
Aerospace & Defense
1.05%1.01%1.01%
AU Small Finance Bank Limited
Banks
0.98%2.40%0.98%
Vishal Mega Mart Limited
Retailing
1.30%0.93%0.93%
The Indian Hotels Company Limited
Leisure Services
2.26%0.91%0.91%
Schaeffler India Limited
Auto Components
2.30%0.89%0.89%
Sundaram Finance Limited
Finance
0.87%1.22%0.87%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.97%0.86%0.86%
HDFC Asset Management Company Limited
Capital Markets
0.86%0.89%0.86%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.02%0.84%0.84%
Cholamandalam Financial Holdings Limited
Finance
0.81%1.98%0.81%
Blue Star Limited
Consumer Durables
1.26%0.80%0.80%
ICICI Bank Limited
Banks
0.75%0.97%0.75%
Eternal Limited
Retailing
0.75%1.06%0.75%
Alkem Laboratories Limited
Pharmaceuticals & Biotechnology
0.72%1.49%0.72%
Info Edge (India) Limited
Retailing
0.71%1.08%0.71%
Trent Limited
Retailing
0.71%0.71%0.71%
Voltas Limited
Consumer Durables
0.67%2.45%0.67%
Coromandel International Limited
Fertilizers & Agrochemicals
1.87%0.61%0.61%
Tube Investments of India Limited
Auto Components
0.60%1.57%0.60%
ZF Commercial Vehicle Control Systems India Limited
Auto Components
0.59%1.17%0.59%
Jubilant Foodworks Limited
Leisure Services
0.59%0.79%0.59%
Prestige Estates Projects Limited
Realty
0.58%1.18%0.58%
Mphasis Limited
IT - Software
0.75%0.57%0.57%
ITC Hotels Limited
Leisure Services
0.58%0.56%0.56%
Indus Towers Limited
Telecom - Services
0.56%1.86%0.56%
FSN E-Commerce Ventures Limited
Retailing
0.52%1.01%0.52%
3M India Limited
Diversified
0.66%0.51%0.51%
Swiggy Limited
Retailing
0.73%0.48%0.48%
Balkrishna Industries Limited
Auto Components
0.47%0.60%0.47%
Endurance Technologies Limited
Auto Components
0.46%0.79%0.46%
BSE Limited
Capital Markets
0.45%3.26%0.45%
LG Electronics India Ltd
Consumer Durables
0.45%0.47%0.45%
JK Cement Limited
Cement & Cement Products
1.57%0.39%0.39%
Astral Limited
Industrial Products
0.33%0.76%0.33%
Dixon Technologies (India) Limited
Consumer Durables
0.29%1.08%0.29%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.24%0.76%0.24%
Page Industries Limited
Textiles & Apparels
0.23%0.70%0.23%
Apar Industries Limited
Electrical Equipment
1.61%0.22%0.22%
Tata Communications Limited
Telecom - Services
0.21%0.21%0.21%
Container Corporation of India Limited
Transport Services
0.13%0.59%0.13%
HDB Financial Services Limited
Finance
0.06%1.13%0.06%

Unique to Axis Midcap

  • Multi Commodity Exchange of India Limited2.73%
  • The Phoenix Mills Limited1.92%
  • TVS Motor Company Limited1.81%

Unique to Nippon India Growth Mid Cap

  • Max Financial Services Limited2.10%
  • Power Finance Corporation Limited2.09%

Sector Overlap Breakdown

Banks
6.0% (4)
Auto Components
4.5% (6)
Retailing
4.1% (6)
Electrical Equipment
3.9% (4)
Pharmaceuticals & Biotechnology
3.1% (4)
Healthcare Services
2.9% (1)
Industrial Products
2.9% (3)
Consumer Durables
2.2% (4)
Leisure Services
2.1% (3)
Agricultural, Commercial & Construction Vehicles
1.8% (1)
Finance
1.7% (3)
IT - Software
1.6% (2)
Capital Markets
1.3% (2)
Power
1.3% (1)
Insurance
1.1% (1)
Aerospace & Defense
1.0% (1)
Petroleum Products
0.9% (1)
Telecom - Services
0.8% (2)
Fertilizers & Agrochemicals
0.6% (1)
Realty
0.6% (1)
Diversified
0.5% (1)
Cement & Cement Products
0.4% (1)
Textiles & Apparels
0.2% (1)
Transport Services
0.1% (1)

More comparisons for Axis Midcap

More comparisons for Nippon India Growth Mid Cap

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