Axis Nifty 100 Index Fund vs Mirae Asset Flexi Cap Fund

Axis vs Mirae· Portfolio Overlap Analysis

50.9%High Overlap
42 common stocksRank #9182 / 20,000

Investor takeaway: At 50.9% 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 (42)

StockWt% in Axis Nifty 100 IndexWt% in Mirae Asset Flexi CapOverlap
HDFC Bank Limited
Banks
9.85%6.63%6.63%
ICICI Bank Limited
Banks
7.14%4.82%4.82%
Reliance Industries Limited
Petroleum Products
6.82%4.26%4.26%
State Bank of India
Banks
3.62%3.74%3.62%
Bharti Airtel Limited
Telecom - Services
3.80%2.57%2.57%
Larsen & Toubro Limited
Construction
3.64%2.42%2.42%
Infosys Limited
IT - Software
3.30%2.32%2.32%
Axis Bank Limited
Banks
2.87%1.99%1.99%
Mahindra & Mahindra Limited
Automobiles
2.20%1.71%1.71%
Tata Consultancy Services Limited
IT - Software
1.95%1.36%1.36%
Titan Company Limited
Consumer Durables
1.29%1.16%1.16%
Bharat Electronics Limited
Aerospace & Defense
1.15%1.13%1.13%
UltraTech Cement Limited
Cement & Cement Products
1.09%1.35%1.09%
ITC Limited
Diversified FMCG
2.19%1.06%1.06%
Bajaj Finance Limited
Finance
1.92%0.92%0.92%
NTPC Limited
Power
1.31%0.89%0.89%
Vedanta Limited
Diversified Metals
0.88%1.20%0.88%
Eternal Limited
Retailing
1.28%0.79%0.79%
Oil & Natural Gas Corporation Limited
Oil
0.79%0.78%0.78%
Shriram Finance Limited
Finance
1.10%0.72%0.72%
SBI Life Insurance Company Limited
Insurance
0.66%1.20%0.66%
TVS Motor Company Limited
Automobiles
0.66%1.44%0.66%
Tech Mahindra Limited
IT - Software
0.63%0.94%0.63%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
0.59%1.47%0.59%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.33%0.56%0.56%
Dr. Reddy's Laboratories Limited
Pharmaceuticals & Biotechnology
0.57%0.56%0.56%
Bharat Petroleum Corporation Limited
Petroleum Products
0.54%1.02%0.54%
Hindustan Aeronautics Limited
Aerospace & Defense
0.54%1.05%0.54%
InterGlobe Aviation Limited
Transport Services
0.79%0.51%0.51%
Britannia Industries Limited
Food Products
0.51%1.05%0.51%
Kotak Mahindra Bank Limited
Banks
2.21%0.48%0.48%
Hindalco Industries Limited
Non - Ferrous Metals
0.97%0.46%0.46%
Bank of Baroda
Banks
0.43%1.01%0.43%
The Indian Hotels Company Limited
Leisure Services
0.42%0.78%0.42%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.36%1.51%0.36%
Jindal Steel Limited
Ferrous Metals
0.34%0.78%0.34%
LTIMindtree Limited
IT - Software
0.30%0.87%0.30%
DLF Limited
Realty
0.28%0.61%0.28%
Havells India Limited
Consumer Durables
0.26%1.07%0.26%
Tata Motors Passenger Vehicles Limited
Automobiles
0.58%0.24%0.24%
Hyundai Motor India Ltd
Automobiles
0.22%0.96%0.22%
JSW Energy Limited
Power
0.19%1.04%0.19%

Unique to Axis Nifty 100 Index

All top holdings are shared with the other fund.

Unique to Mirae Asset Flexi Cap

  • L&T Finance Ltd.1.79%

Sector Overlap Breakdown

Banks
18.0% (6)
Petroleum Products
4.8% (2)
IT - Software
4.6% (4)
Automobiles
2.8% (4)
Telecom - Services
2.6% (1)
Construction
2.4% (1)
Pharmaceuticals & Biotechnology
1.7% (3)
Aerospace & Defense
1.7% (2)
Finance
1.6% (2)
Consumer Durables
1.4% (2)
Cement & Cement Products
1.1% (1)
Power
1.1% (2)
Diversified FMCG
1.1% (1)
Diversified Metals
0.9% (1)
Retailing
0.8% (1)
Oil
0.8% (1)
Insurance
0.7% (1)
Transport Services
0.5% (1)
Food Products
0.5% (1)
Non - Ferrous Metals
0.5% (1)
Leisure Services
0.4% (1)
Electrical Equipment
0.4% (1)
Ferrous Metals
0.3% (1)
Realty
0.3% (1)

More comparisons for Axis Nifty 100 Index

More comparisons for Mirae Asset Flexi Cap

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