Axis Nifty 100 Index Fund vs LIC MF BALANCED ADVANTAGE FUND

Axis vs LIC· Portfolio Overlap Analysis

44.5%High Overlap
37 common stocksRank #16890 / 20,000

Investor takeaway: At 44.5% 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 (37)

StockWt% in Axis Nifty 100 IndexWt% in LIC MF BALANCED ADVANTAGEOverlap
HDFC Bank Limited
Banks
9.85%8.48%8.48%
ICICI Bank Limited
Banks
7.14%4.36%4.36%
State Bank of India
Banks
3.62%4.66%3.62%
Reliance Industries Limited
Petroleum Products
6.82%3.59%3.59%
Infosys Limited
IT - Software
3.30%2.16%2.16%
Larsen & Toubro Limited
Construction
3.64%2.04%2.04%
Tata Consultancy Services Limited
IT - Software
1.95%3.58%1.95%
Axis Bank Limited
Banks
2.87%1.48%1.48%
Kotak Mahindra Bank Limited
Banks
2.21%1.48%1.48%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.33%1.43%1.33%
NTPC Limited
Power
1.31%1.22%1.22%
Tata Steel Limited
Ferrous Metals
1.27%1.18%1.18%
UltraTech Cement Limited
Cement & Cement Products
1.09%1.25%1.09%
Mahindra & Mahindra Limited
Automobiles
2.20%1.04%1.04%
Bharti Airtel Limited
Telecom - Services
3.80%0.99%0.99%
Hindalco Industries Limited
Non - Ferrous Metals
0.97%1.08%0.97%
ITC Limited
Diversified FMCG
2.19%0.82%0.82%
InterGlobe Aviation Limited
Transport Services
0.79%0.73%0.73%
Tata Consumer Products Limited
Agricultural Food & other Products
0.54%1.11%0.54%
Tata Motors Passenger Vehicles Limited
Automobiles
0.58%0.49%0.49%
Tata Power Company Limited
Power
0.46%1.19%0.46%
Grasim Industries Limited
Cement & Cement Products
0.77%0.43%0.43%
Tech Mahindra Limited
IT - Software
0.63%0.43%0.43%
Power Finance Corporation Limited
Finance
0.43%1.50%0.43%
HDFC Life Insurance Company Limited
Insurance
0.56%0.40%0.40%
Titan Company Limited
Consumer Durables
1.29%0.38%0.38%
Power Grid Corporation of India Limited
Power
0.98%0.33%0.33%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.58%0.33%0.33%
ICICI Lombard General Insurance Company Limited
Insurance
0.33%1.30%0.33%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.33%0.40%0.33%
HCL Technologies Limited
IT - Software
1.06%0.27%0.27%
Cholamandalam Investment and Finance Company Ltd
Finance
0.53%0.20%0.20%
Lodha Developers Limited
Realty
0.20%0.73%0.20%
Maruti Suzuki India Limited
Automobiles
1.41%0.19%0.19%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.59%0.19%0.19%
Eicher Motors Limited
Automobiles
0.80%0.06%0.06%
Hindustan Aeronautics Limited
Aerospace & Defense
0.54%0.01%0.01%

Unique to Axis Nifty 100 Index

All top holdings are shared with the other fund.

Unique to LIC MF BALANCED ADVANTAGE

  • Garware Hi-Tech Films Ltd.1.52%

Sector Overlap Breakdown

Banks
19.4% (5)
IT - Software
4.8% (4)
Petroleum Products
3.6% (1)
Construction
2.0% (1)
Power
2.0% (3)
Pharmaceuticals & Biotechnology
1.9% (3)
Automobiles
1.8% (4)
Cement & Cement Products
1.5% (2)
Ferrous Metals
1.2% (1)
Telecom - Services
1.0% (1)
Non - Ferrous Metals
1.0% (1)
Diversified FMCG
0.8% (1)
Transport Services
0.7% (1)
Insurance
0.7% (2)
Finance
0.6% (2)
Agricultural Food & other Products
0.5% (1)
Consumer Durables
0.4% (1)
Healthcare Services
0.3% (1)
Realty
0.2% (1)
Aerospace & Defense
0.0% (1)

More comparisons for Axis Nifty 100 Index

More comparisons for LIC MF BALANCED ADVANTAGE

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