Axis Multicap Fund vs EDELWEISS ELSS TAX SAVER FUND

Axis vs Edelweiss· Portfolio Overlap Analysis

47.0%High Overlap
54 common stocksRank #13259 / 20,000

Investor takeaway: At 47.0% 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 (54)

StockWt% in Axis MulticapWt% in EDELWEISS ELSS TAX SAVEROverlap
HDFC Bank Limited
Banks
4.94%5.05%4.94%
ICICI Bank Limited
Banks
4.04%3.21%3.21%
State Bank of India
Banks
2.76%3.05%2.76%
Reliance Industries Limited
Petroleum Products
2.24%4.91%2.24%
Bharti Airtel Limited
Telecom - Services
1.91%3.59%1.91%
Mahindra & Mahindra Limited
Automobiles
1.75%1.88%1.75%
Larsen & Toubro Limited
Construction
1.72%3.26%1.72%
Multi Commodity Exchange of India Limited
Capital Markets
1.65%2.38%1.65%
Shriram Finance Limited
Finance
2.25%1.45%1.45%
Karur Vysya Bank Limited
Banks
1.34%1.78%1.34%
Infosys Limited
IT - Software
1.32%1.63%1.32%
Bharat Electronics Limited
Aerospace & Defense
1.23%2.23%1.23%
NTPC Limited
Power
1.10%2.12%1.10%
Kotak Mahindra Bank Limited
Banks
1.05%1.22%1.05%
UltraTech Cement Limited
Cement & Cement Products
1.00%1.25%1.00%
TVS Motor Company Limited
Automobiles
1.06%0.92%0.92%
The Federal Bank Limited
Banks
1.00%0.90%0.90%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.83%1.56%0.83%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
1.24%0.76%0.76%
City Union Bank Limited
Banks
0.71%1.33%0.71%
Indian Bank
Banks
1.04%0.65%0.65%
Craftsman Automation Limited
Auto Components
1.01%0.65%0.65%
Mphasis Limited
IT - Software
0.63%0.63%0.63%
Cholamandalam Investment and Finance Company Ltd
Finance
0.63%1.16%0.63%
Jindal Steel Limited
Ferrous Metals
0.60%0.70%0.60%
KEI Industries Limited
Industrial Products
0.58%0.79%0.58%
Bharat Heavy Electricals Limited
Electrical Equipment
0.57%0.76%0.57%
Ather Energy Limited
Automobiles
0.56%1.30%0.56%
Titan Company Limited
Consumer Durables
0.56%0.93%0.56%
Bajaj Finance Limited
Finance
1.20%0.53%0.53%
Gabriel India Limited
Auto Components
0.52%1.34%0.52%
Coforge Limited
IT - Software
0.52%0.64%0.52%
Blue Star Limited
Consumer Durables
1.27%0.49%0.49%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.49%1.44%0.49%
Hindalco Industries Limited
Non - Ferrous Metals
0.61%0.48%0.48%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.89%0.47%0.47%
Krishna Institute Of Medical Sciences Limited
Healthcare Services
0.47%0.51%0.47%
Lupin Limited
Pharmaceuticals & Biotechnology
0.44%0.92%0.44%
Hindustan Unilever Limited
Diversified FMCG
0.41%0.84%0.41%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.63%0.39%0.39%
Samvardhana Motherson International Limited
Auto Components
0.38%1.29%0.38%
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
0.33%0.36%0.33%
Brigade Enterprises Limited
Realty
0.33%0.36%0.33%
The Phoenix Mills Limited
Realty
0.52%0.32%0.32%
KFin Technologies Limited
Capital Markets
0.32%0.66%0.32%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.31%0.50%0.31%
Maruti Suzuki India Limited
Automobiles
0.30%0.85%0.30%
Jyoti CNC Automation Ltd
Industrial Manufacturing
0.90%0.28%0.28%
Tech Mahindra Limited
IT - Software
0.25%1.04%0.25%
PB Fintech Limited
Financial Technology (Fintech)
0.23%0.89%0.23%
Swiggy Limited
Retailing
0.21%0.34%0.21%
LG Electronics India Ltd
Consumer Durables
0.25%0.19%0.19%
Persistent Systems Limited
IT - Software
0.09%0.88%0.09%
Dixon Technologies (India) Limited
Consumer Durables
0.07%0.20%0.07%

Unique to Axis Multicap

  • Fortis Healthcare Limited2.11%
  • Minda Corporation Limited1.70%

Unique to EDELWEISS ELSS TAX SAVER

  • Muthoot Finance Ltd.2.17%
  • BSE Ltd.2.15%

Sector Overlap Breakdown

Banks
15.6% (8)
Automobiles
3.5% (4)
IT - Software
2.8% (5)
Finance
2.6% (3)
Petroleum Products
2.5% (2)
Pharmaceuticals & Biotechnology
2.2% (4)
Capital Markets
2.0% (2)
Telecom - Services
1.9% (1)
Construction
1.7% (1)
Auto Components
1.6% (3)
Consumer Durables
1.3% (4)
Aerospace & Defense
1.2% (1)
Power
1.1% (1)
Cement & Cement Products
1.0% (1)
Electrical Equipment
1.0% (2)
Agricultural, Commercial & Construction Vehicles
0.8% (1)
Realty
0.7% (2)
Ferrous Metals
0.6% (1)
Industrial Products
0.6% (1)
Non - Ferrous Metals
0.5% (1)
Healthcare Services
0.5% (1)
Diversified FMCG
0.4% (1)
Chemicals & Petrochemicals
0.3% (1)
Industrial Manufacturing
0.3% (1)
Financial Technology (Fintech)
0.2% (1)
Retailing
0.2% (1)

More comparisons for Axis Multicap

More comparisons for EDELWEISS ELSS TAX SAVER

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