Axis Nifty 100 Index Fund vs HDFC Balanced Advantage Fund
Axis vs HDFC· Portfolio Overlap Analysis
48.5%High Overlap
58 common stocksRank #11662 / 20,000
Investor takeaway: At 48.5% 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 (58)
| Stock | Wt% in Axis Nifty 100 Index | Wt% in HDFC Balanced Advantage | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.14% | 4.77% | 4.77% |
HDFC Bank Limited Banks | 9.85% | 4.50% | 4.50% |
Reliance Industries Limited Petroleum Products | 6.82% | 3.75% | 3.75% |
State Bank of India Banks | 3.62% | 3.91% | 3.62% |
Bharti Airtel Limited Telecom - Services | 3.80% | 2.82% | 2.82% |
Larsen & Toubro Limited Construction | 3.64% | 2.62% | 2.62% |
Axis Bank Limited Banks | 2.87% | 2.55% | 2.55% |
Infosys Limited IT - Software | 3.30% | 1.97% | 1.97% |
Kotak Mahindra Bank Limited Banks | 2.21% | 1.47% | 1.47% |
Maruti Suzuki India Limited Automobiles | 1.41% | 1.57% | 1.41% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.33% | 1.35% | 1.33% |
NTPC Limited Power | 1.31% | 2.25% | 1.31% |
ITC Limited Diversified FMCG | 2.19% | 1.21% | 1.21% |
Tata Consultancy Services Limited IT - Software | 1.95% | 1.20% | 1.20% |
HCL Technologies Limited IT - Software | 1.06% | 1.30% | 1.06% |
Eternal Limited Retailing | 1.28% | 1.01% | 1.01% |
Mahindra & Mahindra Limited Automobiles | 2.20% | 0.90% | 0.90% |
InterGlobe Aviation Limited Transport Services | 0.79% | 1.09% | 0.79% |
Tata Steel Limited Ferrous Metals | 1.27% | 0.75% | 0.75% |
Coal India Limited Consumable Fuels | 0.71% | 1.87% | 0.71% |
SBI Life Insurance Company Limited Insurance | 0.66% | 0.80% | 0.66% |
Bharat Petroleum Corporation Limited Petroleum Products | 0.54% | 0.75% | 0.54% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 0.59% | 0.53% | 0.53% |
Cholamandalam Investment and Finance Company Ltd Finance | 0.53% | 0.43% | 0.43% |
Power Finance Corporation Limited Finance | 0.43% | 0.71% | 0.43% |
Bank of Baroda Banks | 0.43% | 0.90% | 0.43% |
Bajaj Auto Limited Automobiles | 0.80% | 0.36% | 0.36% |
Hindustan Aeronautics Limited Aerospace & Defense | 0.54% | 0.36% | 0.36% |
Oil & Natural Gas Corporation Limited Oil | 0.79% | 0.34% | 0.34% |
Jindal Steel Limited Ferrous Metals | 0.34% | 0.49% | 0.34% |
GAIL (India) Limited Gas | 0.33% | 0.77% | 0.33% |
REC Limited Finance | 0.32% | 0.55% | 0.32% |
Britannia Industries Limited Food Products | 0.51% | 0.31% | 0.31% |
United Spirits Limited Beverages | 0.29% | 0.27% | 0.27% |
Adani Energy Solutions Limited Power | 0.25% | 0.33% | 0.25% |
Hindustan Unilever Limited Diversified FMCG | 1.50% | 0.24% | 0.24% |
Hyundai Motor India Ltd Automobiles | 0.22% | 0.80% | 0.22% |
Ambuja Cements Limited Cement & Cement Products | 0.22% | 0.38% | 0.22% |
Bajaj Finserv Limited Finance | 0.83% | 0.19% | 0.19% |
Trent Limited Retailing | 0.63% | 0.19% | 0.19% |
Bosch Limited Auto Components | 0.25% | 0.19% | 0.19% |
HDFC Life Insurance Company Limited Insurance | 0.56% | 0.17% | 0.17% |
Tech Mahindra Limited IT - Software | 0.63% | 0.16% | 0.16% |
Shriram Finance Limited Finance | 1.10% | 0.14% | 0.14% |
Tata Motors Passenger Vehicles Limited Automobiles | 0.58% | 0.14% | 0.14% |
Life Insurance Corporation Of India Insurance | 0.14% | 0.17% | 0.14% |
Cipla Limited Pharmaceuticals & Biotechnology | 0.55% | 0.13% | 0.13% |
Jio Financial Services Limited Finance | 0.60% | 0.12% | 0.12% |
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology | 0.57% | 0.12% | 0.12% |
Asian Paints Limited Consumer Durables | 0.78% | 0.11% | 0.11% |
CG Power and Industrial Solutions Limited Electrical Equipment | 0.36% | 0.11% | 0.11% |
Avenue Supermarts Limited Retailing | 0.41% | 0.10% | 0.10% |
JSW Energy Limited Power | 0.19% | 0.09% | 0.09% |
Info Edge (India) Limited Retailing | 0.29% | 0.04% | 0.04% |
Adani Ports and Special Economic Zone Limited Transport Infrastructure | 0.81% | 0.03% | 0.03% |
Varun Beverages Limited Beverages | 0.45% | 0.02% | 0.02% |
Bajaj Housing Finance Limited Finance | 0.06% | 0.02% | 0.02% |
Tata Consumer Products Limited Agricultural Food & other Products | 0.54% | 0.00% | 0.00% |
Unique to Axis Nifty 100 Index
All top holdings are shared with the other fund.
Unique to HDFC Balanced Advantage
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks17.3% (6)
IT - Software4.4% (4)
Petroleum Products4.3% (2)
Automobiles3.0% (5)
Telecom - Services2.8% (1)
Construction2.6% (1)
Pharmaceuticals & Biotechnology2.1% (4)
Power1.6% (3)
Finance1.6% (7)
Diversified FMCG1.4% (2)
Retailing1.3% (4)
Ferrous Metals1.1% (2)
Insurance1.0% (3)
Transport Services0.8% (1)
Consumable Fuels0.7% (1)
Aerospace & Defense0.4% (1)
Oil0.3% (1)
Gas0.3% (1)
Food Products0.3% (1)
Beverages0.3% (2)
Cement & Cement Products0.2% (1)
Auto Components0.2% (1)
Consumer Durables0.1% (1)
Electrical Equipment0.1% (1)
Transport Infrastructure0.0% (1)
Agricultural Food & other Products0.0% (1)
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More comparisons for HDFC Balanced Advantage
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- vs Motilal Oswal Nifty 100 ETF48.5% · 58 stocks
- vs HDFC NIFTY 100 ETF48.5% · 58 stocks
- vs HDFC NIFTY 100 Index48.5% · 58 stocks
- vs ICICI Prudential Nifty 100 ETF48.5% · 58 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.