Axis Nifty 100 Index Fund vs ICICI Prudential Balanced Advantage Fund

Axis vs ICICI· Portfolio Overlap Analysis

46.7%High Overlap
59 common stocksRank #13662 / 20,000

Investor takeaway: At 46.7% 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 (59)

StockWt% in Axis Nifty 100 IndexWt% in ICICI Prudential Balanced AdvaOverlap
ICICI Bank Limited
Banks
7.14%4.30%4.30%
HDFC Bank Limited
Banks
9.85%3.85%3.85%
Infosys Limited
IT - Software
3.30%3.06%3.06%
Reliance Industries Limited
Petroleum Products
6.82%2.86%2.86%
Larsen & Toubro Limited
Construction
3.64%2.33%2.33%
State Bank of India
Banks
3.62%1.72%1.72%
Axis Bank Limited
Banks
2.87%1.68%1.68%
Maruti Suzuki India Limited
Automobiles
1.41%1.64%1.41%
Bharti Airtel Limited
Telecom - Services
3.80%1.37%1.37%
NTPC Limited
Power
1.31%1.31%1.31%
Titan Company Limited
Consumer Durables
1.29%1.38%1.29%
Eternal Limited
Retailing
1.28%1.57%1.28%
HCL Technologies Limited
IT - Software
1.06%1.38%1.06%
Kotak Mahindra Bank Limited
Banks
2.21%0.97%0.97%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.33%0.91%0.91%
UltraTech Cement Limited
Cement & Cement Products
1.09%0.85%0.85%
Vedanta Limited
Diversified Metals
0.88%0.79%0.79%
InterGlobe Aviation Limited
Transport Services
0.79%1.61%0.79%
Tata Consultancy Services Limited
IT - Software
1.95%0.78%0.78%
SBI Life Insurance Company Limited
Insurance
0.66%0.89%0.66%
TVS Motor Company Limited
Automobiles
0.66%5.69%0.66%
Trent Limited
Retailing
0.63%0.99%0.63%
Asian Paints Limited
Consumer Durables
0.78%0.62%0.62%
Mahindra & Mahindra Limited
Automobiles
2.20%0.57%0.57%
ITC Limited
Diversified FMCG
2.19%0.56%0.56%
Hindustan Unilever Limited
Diversified FMCG
1.50%0.55%0.55%
Oil & Natural Gas Corporation Limited
Oil
0.79%0.53%0.53%
Cholamandalam Investment and Finance Company Ltd
Finance
0.53%0.83%0.53%
Tech Mahindra Limited
IT - Software
0.63%0.51%0.51%
Britannia Industries Limited
Food Products
0.51%1.44%0.51%
Bajaj Finserv Limited
Finance
0.83%0.48%0.48%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.58%0.48%0.48%
Bajaj Finance Limited
Finance
1.92%0.44%0.44%
Dr. Reddy's Laboratories Limited
Pharmaceuticals & Biotechnology
0.57%0.44%0.44%
Samvardhana Motherson International Limited
Auto Components
0.43%1.31%0.43%
HDFC Life Insurance Company Limited
Insurance
0.56%0.42%0.42%
The Indian Hotels Company Limited
Leisure Services
0.42%0.50%0.42%
Avenue Supermarts Limited
Retailing
0.41%1.20%0.41%
Shriram Finance Limited
Finance
1.10%0.36%0.36%
Eicher Motors Limited
Automobiles
0.80%0.33%0.33%
Hindalco Industries Limited
Non - Ferrous Metals
0.97%0.30%0.30%
ICICI Lombard General Insurance Company Limited
Insurance
0.33%0.30%0.30%
Pidilite Industries Limited
Chemicals & Petrochemicals
0.33%0.29%0.29%
Tata Steel Limited
Ferrous Metals
1.27%0.28%0.28%
Hindustan Aeronautics Limited
Aerospace & Defense
0.54%0.27%0.27%
Info Edge (India) Limited
Retailing
0.29%0.24%0.24%
Power Grid Corporation of India Limited
Power
0.98%0.22%0.22%
Jindal Steel Limited
Ferrous Metals
0.34%0.22%0.22%
LTIMindtree Limited
IT - Software
0.30%0.22%0.22%
REC Limited
Finance
0.32%0.21%0.21%
Ambuja Cements Limited
Cement & Cement Products
0.22%0.21%0.21%
ABB India Limited
Electrical Equipment
0.23%0.18%0.18%
Grasim Industries Limited
Cement & Cement Products
0.77%0.16%0.16%
Shree Cement Limited
Cement & Cement Products
0.25%0.16%0.16%
Life Insurance Corporation Of India
Insurance
0.14%0.25%0.14%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.59%0.09%0.09%
Havells India Limited
Consumer Durables
0.26%0.09%0.09%
Power Finance Corporation Limited
Finance
0.43%0.01%0.01%
Bajaj Auto Limited
Automobiles
0.80%0.00%0.00%

Unique to Axis Nifty 100 Index

All top holdings are shared with the other fund.

Unique to ICICI Prudential Balanced Adva

  • EMBASSY OFFICE PARKS REIT2.88%

Sector Overlap Breakdown

Banks
12.5% (5)
IT - Software
5.6% (5)
Automobiles
3.0% (5)
Petroleum Products
2.9% (1)
Retailing
2.6% (4)
Construction
2.3% (1)
Finance
2.0% (6)
Consumer Durables
2.0% (3)
Power
1.5% (2)
Insurance
1.5% (4)
Pharmaceuticals & Biotechnology
1.4% (3)
Cement & Cement Products
1.4% (4)
Telecom - Services
1.4% (1)
Diversified FMCG
1.1% (2)
Diversified Metals
0.8% (1)
Transport Services
0.8% (1)
Oil
0.5% (1)
Food Products
0.5% (1)
Ferrous Metals
0.5% (2)
Healthcare Services
0.5% (1)
Auto Components
0.4% (1)
Leisure Services
0.4% (1)
Non - Ferrous Metals
0.3% (1)
Chemicals & Petrochemicals
0.3% (1)
Aerospace & Defense
0.3% (1)
Electrical Equipment
0.2% (1)

More comparisons for Axis Nifty 100 Index

More comparisons for ICICI Prudential Balanced Adva

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