Axis Multi Asset Allocation Fund vs IB33-GROWW NIFTY 200 ETF

Axis vs Groww· Portfolio Overlap Analysis

45.1%High Overlap

46 common stocksRank #15876 / 20,000

Investor takeaway: At 45.1% 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 (46)

Stock	Wt% in Axis Multi Asset Allocation	Wt% in IB33-GROWW NIFTY 200 ETF	Overlap
HDFC Bank Limited Banks	7.79%	8.03%	7.79%
ICICI Bank Limited Banks	5.04%	5.82%	5.04%
Reliance Industries Limited Petroleum Products	3.28%	5.56%	3.28%
State Bank of India Banks	3.96%	2.95%	2.95%
Infosys Limited IT - Software	2.00%	2.69%	2.00%
Axis Bank Limited Banks	1.87%	2.34%	1.87%
Larsen & Toubro Limited Construction	1.81%	2.97%	1.81%
Bharti Airtel Limited Telecom - Services	1.75%	3.09%	1.75%
ITC Limited Diversified FMCG	1.49%	1.79%	1.49%
Kotak Mahindra Bank Limited Banks	1.30%	1.80%	1.30%
Mahindra & Mahindra Limited Automobiles	1.11%	1.79%	1.11%
Titan Company Limited Consumer Durables	1.20%	1.06%	1.06%
Hindustan Unilever Limited Diversified FMCG	1.04%	1.23%	1.04%
Tata Steel Limited Ferrous Metals	0.89%	1.04%	0.89%
UltraTech Cement Limited Cement & Cement Products	0.97%	0.88%	0.88%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.82%	1.09%	0.82%
Tata Consultancy Services Limited IT - Software	0.76%	1.59%	0.76%
Bajaj Finserv Limited Finance	1.10%	0.67%	0.67%
Nestle India Limited Food Products	0.67%	0.55%	0.55%
Trent Limited Retailing	0.68%	0.51%	0.51%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.92%	0.48%	0.48%
Max Healthcare Institute Limited Healthcare Services	0.61%	0.48%	0.48%
HDFC Life Insurance Company Limited Insurance	0.78%	0.45%	0.45%
Eternal Limited Retailing	0.45%	1.05%	0.45%
The Federal Bank Limited Banks	0.74%	0.44%	0.44%
Varun Beverages Limited Beverages	0.53%	0.37%	0.37%
Ashok Leyland Limited Agricultural, Commercial & Construction Vehicles	0.82%	0.36%	0.36%
Indus Towers Limited Telecom - Services	0.50%	0.35%	0.35%
The Indian Hotels Company Limited Leisure Services	0.46%	0.35%	0.35%
Tata Consumer Products Limited Agricultural Food & other Products	0.33%	0.44%	0.33%
SBI Life Insurance Company Limited Insurance	0.31%	0.54%	0.31%
Bharat Forge Limited Auto Components	0.84%	0.30%	0.30%
Godrej Consumer Products Limited Personal Products	0.43%	0.29%	0.29%
Jindal Steel Limited Ferrous Metals	0.97%	0.27%	0.27%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.81%	0.27%	0.27%
One 97 Communications Limited Financial Technology (Fintech)	0.80%	0.26%	0.26%
REC Limited Finance	0.61%	0.26%	0.26%
Swiggy Limited Retailing	0.55%	0.24%	0.24%
Bharat Heavy Electricals Limited Electrical Equipment	0.46%	0.23%	0.23%
Bharat Petroleum Corporation Limited Petroleum Products	0.20%	0.44%	0.20%
Hyundai Motor India Ltd Automobiles	0.69%	0.18%	0.18%
Supreme Industries Limited Industrial Products	0.92%	0.15%	0.15%
PI Industries Limited Fertilizers & Agrochemicals	0.88%	0.15%	0.15%
Blue Star Limited Consumer Durables	0.39%	0.15%	0.15%
Sona BLW Precision Forgings Limited Auto Components	1.10%	0.14%	0.14%
Jubilant Foodworks Limited Leisure Services	1.05%	0.12%	0.12%

Unique to Axis Multi Asset Allocation

All top holdings are shared with the other fund.

Unique to IB33-GROWW NIFTY 200 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

19.4% (6)

Petroleum Products

3.5% (2)

IT - Software

2.8% (2)

Diversified FMCG

2.5% (2)

Telecom - Services

2.1% (2)

Construction

1.8% (1)

Pharmaceuticals & Biotechnology

1.6% (3)

Automobiles

1.3% (2)

Consumer Durables

1.2% (2)

Retailing

1.2% (3)

Ferrous Metals

1.2% (2)

Finance

0.9% (2)

Cement & Cement Products

0.9% (1)

Insurance

0.8% (2)

Food Products

0.6% (1)

Healthcare Services

0.5% (1)

Leisure Services

0.5% (2)

Auto Components

0.4% (2)

Beverages

0.4% (1)

Agricultural, Commercial & Construction Vehicles

0.4% (1)

Agricultural Food & other Products

0.3% (1)

Personal Products

0.3% (1)

Financial Technology (Fintech)

0.3% (1)

Electrical Equipment

0.2% (1)

Industrial Products

0.1% (1)

Fertilizers & Agrochemicals

0.1% (1)

More comparisons for Axis Multi Asset Allocation

vs Axis Business Cycles46.9% · 42 stocks
vs Axis ELSS Tax Saver46.1% · 41 stocks
vs Axis Nifty 100 Index44.3% · 34 stocks
vs HDFC NIFTY 100 ETF44.3% · 34 stocks
vs Parag Parikh Large Cap44.3% · 34 stocks

More comparisons for IB33-GROWW NIFTY 200 ETF

vs ADITYA BIRLA SUN LIFE MSCI IND87.7% · 157 stocks
vs Kotak MSCI India ETF87.6% · 157 stocks
vs DSP MSCI India ETF87.4% · 157 stocks
vs HDFC BSE 500 INDEX87.1% · 199 stocks
vs HDFC BSE 500 ETF87.0% · 199 stocks

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