Axis Nifty 100 Index Fund vs HDFC Multi-Asset Allocation Fund
Axis vs HDFC· Portfolio Overlap Analysis
48.2%High Overlap
47 common stocksRank #11990 / 20,000
Investor takeaway: At 48.2% 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 (47)
| Stock | Wt% in Axis Nifty 100 Index | Wt% in HDFC Multi-Asset Allocation | Overlap |
|---|---|---|---|
Reliance Industries Limited Petroleum Products | 6.82% | 4.90% | 4.90% |
ICICI Bank Limited Banks | 7.14% | 4.21% | 4.21% |
HDFC Bank Limited Banks | 9.85% | 4.14% | 4.14% |
State Bank of India Banks | 3.62% | 2.37% | 2.37% |
Bharti Airtel Limited Telecom - Services | 3.80% | 2.34% | 2.34% |
Axis Bank Limited Banks | 2.87% | 1.88% | 1.88% |
Kotak Mahindra Bank Limited Banks | 2.21% | 1.76% | 1.76% |
Larsen & Toubro Limited Construction | 3.64% | 1.69% | 1.69% |
Infosys Limited IT - Software | 3.30% | 1.44% | 1.44% |
Maruti Suzuki India Limited Automobiles | 1.41% | 1.61% | 1.41% |
Tata Consultancy Services Limited IT - Software | 1.95% | 1.34% | 1.34% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.33% | 1.61% | 1.33% |
NTPC Limited Power | 1.31% | 2.34% | 1.31% |
Titan Company Limited Consumer Durables | 1.29% | 0.98% | 0.98% |
Power Grid Corporation of India Limited Power | 0.98% | 1.50% | 0.98% |
Hindalco Industries Limited Non - Ferrous Metals | 0.97% | 1.23% | 0.97% |
Mahindra & Mahindra Limited Automobiles | 2.20% | 0.96% | 0.96% |
Bajaj Finance Limited Finance | 1.92% | 0.96% | 0.96% |
HCL Technologies Limited IT - Software | 1.06% | 0.94% | 0.94% |
Bajaj Finserv Limited Finance | 0.83% | 1.23% | 0.83% |
ITC Limited Diversified FMCG | 2.19% | 0.80% | 0.80% |
Bajaj Auto Limited Automobiles | 0.80% | 0.85% | 0.80% |
Oil & Natural Gas Corporation Limited Oil | 0.79% | 1.66% | 0.79% |
Tata Steel Limited Ferrous Metals | 1.27% | 0.76% | 0.76% |
Eicher Motors Limited Automobiles | 0.80% | 0.72% | 0.72% |
SBI Life Insurance Company Limited Insurance | 0.66% | 0.69% | 0.66% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 0.59% | 0.82% | 0.59% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.58% | 0.62% | 0.58% |
Eternal Limited Retailing | 1.28% | 0.57% | 0.57% |
HDFC Life Insurance Company Limited Insurance | 0.56% | 0.73% | 0.56% |
Cipla Limited Pharmaceuticals & Biotechnology | 0.55% | 0.84% | 0.55% |
Hindustan Unilever Limited Diversified FMCG | 1.50% | 0.52% | 0.52% |
Tech Mahindra Limited IT - Software | 0.63% | 0.46% | 0.46% |
Bharat Petroleum Corporation Limited Petroleum Products | 0.54% | 0.39% | 0.39% |
InterGlobe Aviation Limited Transport Services | 0.79% | 0.33% | 0.33% |
ICICI Lombard General Insurance Company Limited Insurance | 0.33% | 0.65% | 0.33% |
Jindal Steel Limited Ferrous Metals | 0.34% | 0.32% | 0.32% |
Godrej Consumer Products Limited Personal Products | 0.35% | 0.31% | 0.31% |
United Spirits Limited Beverages | 0.29% | 1.16% | 0.29% |
Havells India Limited Consumer Durables | 0.26% | 0.59% | 0.26% |
Hyundai Motor India Ltd Automobiles | 0.22% | 1.10% | 0.22% |
Ambuja Cements Limited Cement & Cement Products | 0.22% | 0.53% | 0.22% |
Tata Power Company Limited Power | 0.46% | 0.12% | 0.12% |
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology | 0.57% | 0.10% | 0.10% |
Wipro Limited IT - Software | 0.42% | 0.10% | 0.10% |
UltraTech Cement Limited Cement & Cement Products | 1.09% | 0.08% | 0.08% |
Asian Paints Limited Consumer Durables | 0.78% | 0.02% | 0.02% |
Unique to Axis Nifty 100 Index
All top holdings are shared with the other fund.
Unique to HDFC Multi-Asset Allocation
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks14.4% (5)
Petroleum Products5.3% (2)
IT - Software4.3% (5)
Automobiles4.1% (5)
Pharmaceuticals & Biotechnology2.6% (4)
Power2.4% (3)
Telecom - Services2.3% (1)
Finance1.8% (2)
Construction1.7% (1)
Insurance1.6% (3)
Diversified FMCG1.3% (2)
Consumer Durables1.3% (3)
Ferrous Metals1.1% (2)
Non - Ferrous Metals1.0% (1)
Oil0.8% (1)
Healthcare Services0.6% (1)
Retailing0.6% (1)
Transport Services0.3% (1)
Personal Products0.3% (1)
Cement & Cement Products0.3% (2)
Beverages0.3% (1)
More comparisons for Axis Nifty 100 Index
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- vs ICICI Prudential Nifty 100 ETF99.9% · 100 stocks
- vs Nippon India ETF Nifty 10099.9% · 100 stocks
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- vs Motilal Oswal Nifty 100 ETF99.8% · 100 stocks
More comparisons for HDFC Multi-Asset Allocation
- vs Motilal Oswal Nifty 100 ETF48.2% · 47 stocks
- vs HDFC NIFTY 100 ETF48.2% · 47 stocks
- vs ICICI Prudential Nifty 100 ETF48.2% · 47 stocks
- vs LIC MF NIFTY 100 ETF48.2% · 47 stocks
- vs Nippon India ETF Nifty 10048.2% · 47 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.