Axis Nifty 100 Index Fund vs Shriram Multi Asset Allocation Fund

Axis vs Shriram· Portfolio Overlap Analysis

50.6%High Overlap

37 common stocksRank #9446 / 20,000

Investor takeaway: At 50.6% 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 (37)

Stock	Wt% in Axis Nifty 100 Index	Wt% in Shriram Multi Asset Allocation	Overlap
Reliance Industries Limited Petroleum Products	6.82%	5.00%	5.00%
HDFC Bank Limited Banks	9.85%	4.63%	4.63%
ICICI Bank Limited Banks	7.14%	3.97%	3.97%
State Bank of India Banks	3.62%	3.35%	3.35%
Bharti Airtel Limited Telecom - Services	3.80%	3.31%	3.31%
Axis Bank Limited Banks	2.87%	2.72%	2.72%
Infosys Limited IT - Software	3.30%	2.59%	2.59%
Kotak Mahindra Bank Limited Banks	2.21%	2.22%	2.21%
Mahindra & Mahindra Limited Automobiles	2.20%	2.02%	2.02%
Bajaj Finance Limited Finance	1.92%	2.18%	1.92%
ITC Limited Diversified FMCG	2.19%	1.54%	1.54%
Tata Consultancy Services Limited IT - Software	1.95%	1.54%	1.54%
Larsen & Toubro Limited Construction	3.64%	1.40%	1.40%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.33%	2.43%	1.33%
NTPC Limited Power	1.31%	1.15%	1.15%
HCL Technologies Limited IT - Software	1.06%	1.45%	1.06%
Tata Steel Limited Ferrous Metals	1.27%	0.98%	0.98%
Eternal Limited Retailing	1.28%	0.81%	0.81%
InterGlobe Aviation Limited Transport Services	0.79%	1.14%	0.79%
Maruti Suzuki India Limited Automobiles	1.41%	0.73%	0.73%
Coal India Limited Consumable Fuels	0.71%	0.79%	0.71%
TVS Motor Company Limited Automobiles	0.66%	1.15%	0.66%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.59%	0.93%	0.59%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.81%	0.56%	0.56%
HDFC Life Insurance Company Limited Insurance	0.56%	0.88%	0.56%
Cipla Limited Pharmaceuticals & Biotechnology	0.55%	0.61%	0.55%
Bharat Petroleum Corporation Limited Petroleum Products	0.54%	1.29%	0.54%
Varun Beverages Limited Beverages	0.45%	0.99%	0.45%
Bharat Electronics Limited Aerospace & Defense	1.15%	0.44%	0.44%
Hindustan Aeronautics Limited Aerospace & Defense	0.54%	0.42%	0.42%
Power Grid Corporation of India Limited Power	0.98%	0.37%	0.37%
SBI Life Insurance Company Limited Insurance	0.66%	0.35%	0.35%
REC Limited Finance	0.32%	0.60%	0.32%
Oil & Natural Gas Corporation Limited Oil	0.79%	0.31%	0.31%
Bank of Baroda Banks	0.43%	0.25%	0.25%
Hyundai Motor India Ltd Automobiles	0.22%	0.66%	0.22%
Ambuja Cements Limited Cement & Cement Products	0.22%	0.63%	0.22%

Unique to Axis Nifty 100 Index

All top holdings are shared with the other fund.

Unique to Shriram Multi Asset Allocation

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

17.1% (6)

Petroleum Products

5.5% (2)

IT - Software

5.2% (3)

Automobiles

3.6% (4)

Telecom - Services

3.3% (1)

Pharmaceuticals & Biotechnology

2.5% (3)

Finance

2.2% (2)

Diversified FMCG

1.5% (1)

Power

1.5% (2)

Construction

1.4% (1)

Ferrous Metals

1.0% (1)

Insurance

0.9% (2)

Aerospace & Defense

0.9% (2)

Retailing

0.8% (1)

Transport Services

0.8% (1)

Consumable Fuels

0.7% (1)

Transport Infrastructure

0.6% (1)

Beverages

0.5% (1)

Oil

0.3% (1)

Cement & Cement Products

0.2% (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 Shriram Multi Asset Allocation

vs Shriram Balanced Advantage56.7% · 51 stocks
vs Shriram Aggressive Hybrid53.3% · 53 stocks
vs HDFC NIFTY 100 ETF50.6% · 37 stocks
vs ICICI Prudential Nifty 100 ETF50.6% · 37 stocks
vs LIC MF NIFTY 100 ETF50.6% · 37 stocks

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