Axis Momentum Fund vs IB35-Groww Nifty 500 Momentum 50 ETF
Axis vs Groww· Portfolio Overlap Analysis
51.2%High Overlap
25 common stocksRank #8952 / 20,000
Investor takeaway: At 51.2% 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 (25)
| Stock | Wt% in Axis Momentum | Wt% in IB35-Groww Nifty 500 Momentum | Overlap |
|---|---|---|---|
Bharti Airtel Limited Telecom - Services | 6.39% | 4.43% | 4.43% |
Bajaj Finance Limited Finance | 3.95% | 4.94% | 3.95% |
Maruti Suzuki India Limited Automobiles | 3.95% | 4.43% | 3.95% |
Hero MotoCorp Limited Automobiles | 3.61% | 3.35% | 3.35% |
Asian Paints Limited Consumer Durables | 3.26% | 4.04% | 3.26% |
Multi Commodity Exchange of India Limited Capital Markets | 4.13% | 2.75% | 2.75% |
Eicher Motors Limited Automobiles | 2.74% | 5.35% | 2.74% |
Cummins India Limited Industrial Products | 2.87% | 2.55% | 2.55% |
TVS Motor Company Limited Automobiles | 2.51% | 3.74% | 2.51% |
Laurus Labs Limited Pharmaceuticals & Biotechnology | 4.44% | 2.44% | 2.44% |
Muthoot Finance Limited Finance | 2.43% | 2.43% | 2.43% |
L&T Finance Limited Finance | 3.22% | 1.89% | 1.89% |
One 97 Communications Limited Financial Technology (Fintech) | 3.16% | 1.74% | 1.74% |
AU Small Finance Bank Limited Banks | 1.68% | 2.51% | 1.68% |
FSN E-Commerce Ventures Limited Retailing | 3.51% | 1.61% | 1.61% |
Aditya Birla Capital Limited Finance | 3.59% | 1.60% | 1.60% |
GMR Airports Limited Transport Infrastructure | 3.39% | 1.36% | 1.36% |
UPL Limited Fertilizers & Agrochemicals | 1.45% | 1.27% | 1.27% |
GE Vernova T&D India Limited Electrical Equipment | 1.06% | 1.68% | 1.06% |
RBL Bank Limited Banks | 3.85% | 1.03% | 1.03% |
Navin Fluorine International Limited Chemicals & Petrochemicals | 2.89% | 1.02% | 1.02% |
Canara Bank Banks | 0.92% | 2.21% | 0.92% |
Indian Bank Banks | 0.79% | 1.65% | 0.79% |
Radico Khaitan Limited Beverages | 2.10% | 0.65% | 0.65% |
Syrma SGS Technology Limited Industrial Manufacturing | 3.46% | 0.22% | 0.22% |
Unique to Axis Momentum
- HDFC Bank Limited7.04%
- Bharat Electronics Limited4.77%
Unique to IB35-Groww Nifty 500 Momentum
- Shriram Finance Limited5.42%
- Mahindra & Mahindra Limited4.65%
- Hindalco Industries Limited4.57%
Sector Overlap Breakdown
Automobiles12.6% (4)
Finance9.9% (4)
Telecom - Services4.4% (1)
Banks4.4% (4)
Consumer Durables3.3% (1)
Capital Markets2.8% (1)
Industrial Products2.5% (1)
Pharmaceuticals & Biotechnology2.4% (1)
Financial Technology (Fintech)1.7% (1)
Retailing1.6% (1)
Transport Infrastructure1.4% (1)
Fertilizers & Agrochemicals1.3% (1)
Electrical Equipment1.1% (1)
Chemicals & Petrochemicals1.0% (1)
Beverages0.7% (1)
Industrial Manufacturing0.2% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.