Axis Nifty 100 Index Fund vs LETAXP
Axis vs LIC· Portfolio Overlap Analysis
47.6%High Overlap
31 common stocksRank #12623 / 20,000
Investor takeaway: At 47.6% 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 (31)
| Stock | Wt% in Axis Nifty 100 Index | Wt% in LETAXP | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 9.85% | 7.79% | 7.79% |
ICICI Bank Limited Banks | 7.14% | 7.98% | 7.14% |
State Bank of India Banks | 3.62% | 3.69% | 3.62% |
Axis Bank Limited Banks | 2.87% | 4.54% | 2.87% |
Larsen & Toubro Limited Construction | 3.64% | 2.82% | 2.82% |
Mahindra & Mahindra Limited Automobiles | 2.20% | 2.12% | 2.12% |
Reliance Industries Limited Petroleum Products | 6.82% | 2.06% | 2.06% |
Infosys Limited IT - Software | 3.30% | 1.84% | 1.84% |
Tata Consultancy Services Limited IT - Software | 1.95% | 1.49% | 1.49% |
Maruti Suzuki India Limited Automobiles | 1.41% | 2.03% | 1.41% |
Hindustan Unilever Limited Diversified FMCG | 1.50% | 1.38% | 1.38% |
Eternal Limited Retailing | 1.28% | 1.45% | 1.28% |
ITC Limited Diversified FMCG | 2.19% | 1.23% | 1.23% |
HCL Technologies Limited IT - Software | 1.06% | 1.33% | 1.06% |
Kotak Mahindra Bank Limited Banks | 2.21% | 0.86% | 0.86% |
Bajaj Finserv Limited Finance | 0.83% | 1.59% | 0.83% |
Eicher Motors Limited Automobiles | 0.80% | 2.59% | 0.80% |
Grasim Industries Limited Cement & Cement Products | 0.77% | 2.16% | 0.77% |
UltraTech Cement Limited Cement & Cement Products | 1.09% | 0.70% | 0.70% |
TVS Motor Company Limited Automobiles | 0.66% | 0.74% | 0.66% |
Trent Limited Retailing | 0.63% | 1.63% | 0.63% |
Apollo Hospitals Enterprise Limited Healthcare Services | 0.58% | 0.93% | 0.58% |
Cipla Limited Pharmaceuticals & Biotechnology | 0.55% | 0.96% | 0.55% |
Cholamandalam Investment and Finance Company Ltd Finance | 0.53% | 3.49% | 0.53% |
Varun Beverages Limited Beverages | 0.45% | 1.40% | 0.45% |
Power Finance Corporation Limited Finance | 0.43% | 1.08% | 0.43% |
Avenue Supermarts Limited Retailing | 0.41% | 0.85% | 0.41% |
Bharat Petroleum Corporation Limited Petroleum Products | 0.54% | 0.33% | 0.33% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.33% | 1.45% | 0.33% |
REC Limited Finance | 0.32% | 0.93% | 0.32% |
LTIMindtree Limited IT - Software | 0.30% | 0.89% | 0.30% |
Unique to Axis Nifty 100 Index
- Bharti Airtel Limited3.80%
Unique to LETAXP
- Shakti Pumps (India) Ltd.3.84%
- Blue Star Ltd.2.44%
- Bharat Forge Ltd.2.44%
Sector Overlap Breakdown
Banks22.3% (5)
Automobiles5.0% (4)
IT - Software4.7% (4)
Construction2.8% (1)
Diversified FMCG2.6% (2)
Petroleum Products2.4% (2)
Retailing2.3% (3)
Finance2.1% (4)
Cement & Cement Products1.5% (2)
Pharmaceuticals & Biotechnology0.9% (2)
Healthcare Services0.6% (1)
Beverages0.5% (1)
More comparisons for Axis Nifty 100 Index
- vs HDFC NIFTY 100 ETF99.9% · 100 stocks
- vs ICICI Prudential Nifty 100 ETF99.9% · 100 stocks
- vs Nippon India ETF Nifty 10099.9% · 100 stocks
- vs HDFC NIFTY 100 Index99.8% · 100 stocks
- vs Motilal Oswal Nifty 100 ETF99.8% · 100 stocks
More comparisons for LETAXP
- vs LIC MF LARGE CAP49.1% · 25 stocks
- vs Parag Parikh Large Cap47.7% · 31 stocks
- vs HDFC NIFTY 100 ETF47.6% · 31 stocks
- vs ICICI Prudential Nifty 100 ETF47.6% · 31 stocks
- vs Motilal Oswal Nifty 100 ETF47.6% · 31 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.