Axis Nifty 500 Index Fund vs Kotak Arbitrage Fund

Axis vs Kotak· Portfolio Overlap Analysis

50.8%High Overlap

174 common stocksRank #9254 / 20,000

Investor takeaway: At 50.8% 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 (174)

Stock	Wt% in Axis Nifty 500 Index	Wt% in Kotak Arbitrage	Overlap
HDFC Bank Limited Banks	6.95%	6.93%	6.93%
ICICI Bank Limited Banks	5.04%	2.90%	2.90%
Reliance Industries Limited Petroleum Products	4.82%	2.50%	2.50%
Bharti Airtel Limited Telecom - Services	2.68%	1.80%	1.80%
Kotak Mahindra Bank Limited Banks	1.56%	1.58%	1.56%
Axis Bank Limited Banks	2.03%	1.47%	1.47%
ITC Limited Diversified FMCG	1.54%	1.29%	1.29%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.94%	0.97%	0.94%
NTPC Limited Power	0.93%	1.01%	0.93%
Eternal Limited Retailing	0.91%	1.51%	0.91%
Tata Steel Limited Ferrous Metals	0.90%	0.74%	0.74%
Larsen & Toubro Limited Construction	2.57%	0.73%	0.73%
Mahindra & Mahindra Limited Automobiles	1.55%	0.73%	0.73%
Maruti Suzuki India Limited Automobiles	0.99%	0.63%	0.63%
Vedanta Limited Diversified Metals	0.62%	0.97%	0.62%
JSW Steel Limited Ferrous Metals	0.61%	1.99%	0.61%
Bajaj Finserv Limited Finance	0.58%	0.71%	0.58%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.57%	0.60%	0.57%
Oil & Natural Gas Corporation Limited Oil	0.55%	0.74%	0.55%
Grasim Industries Limited Cement & Cement Products	0.54%	1.15%	0.54%
Power Grid Corporation of India Limited Power	0.69%	0.53%	0.53%
State Bank of India Banks	2.55%	0.49%	0.49%
TVS Motor Company Limited Automobiles	0.46%	0.70%	0.46%
SBI Life Insurance Company Limited Insurance	0.46%	0.45%	0.45%
Eicher Motors Limited Automobiles	0.56%	0.43%	0.43%
Jio Financial Services Limited Finance	0.43%	0.83%	0.43%
Titan Company Limited Consumer Durables	0.91%	0.41%	0.41%
Apollo Hospitals Enterprise Limited Healthcare Services	0.41%	0.81%	0.41%
Bajaj Finance Limited Finance	1.35%	0.40%	0.40%
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology	0.40%	0.44%	0.40%
Tech Mahindra Limited IT - Software	0.44%	0.39%	0.39%
HDFC Life Insurance Company Limited Insurance	0.39%	0.41%	0.39%
Tata Consumer Products Limited Agricultural Food & other Products	0.38%	0.48%	0.38%
Hindustan Aeronautics Limited Aerospace & Defense	0.38%	0.60%	0.38%
Hero MotoCorp Limited Automobiles	0.38%	0.39%	0.38%
Cholamandalam Investment and Finance Company Ltd Finance	0.37%	0.98%	0.37%
Britannia Industries Limited Food Products	0.36%	0.69%	0.36%
Nestle India Limited Food Products	0.47%	0.34%	0.34%
Cummins India Limited Industrial Products	0.34%	0.35%	0.34%
UltraTech Cement Limited Cement & Cement Products	0.77%	0.32%	0.32%
Hindalco Industries Limited Non - Ferrous Metals	0.69%	0.32%	0.32%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.42%	0.32%	0.32%
Indus Towers Limited Telecom - Services	0.31%	0.72%	0.31%
Coal India Limited Consumable Fuels	0.50%	0.29%	0.29%
Adani Enterprises Limited Metals & Minerals Trading	0.29%	0.57%	0.29%
Canara Bank Banks	0.27%	0.30%	0.27%
Tata Power Company Limited Power	0.32%	0.26%	0.26%
Suzlon Energy Limited Electrical Equipment	0.26%	0.29%	0.26%
PB Fintech Limited Financial Technology (Fintech)	0.26%	0.44%	0.26%
Max Financial Services Limited Insurance	0.25%	0.52%	0.25%
InterGlobe Aviation Limited Transport Services	0.56%	0.24%	0.24%
Fortis Healthcare Limited Healthcare Services	0.25%	0.23%	0.23%
GAIL (India) Limited Gas	0.23%	0.64%	0.23%
Punjab National Bank Banks	0.23%	0.41%	0.23%
Polycab India Limited Industrial Products	0.23%	0.23%	0.23%
One 97 Communications Limited Financial Technology (Fintech)	0.23%	0.50%	0.23%
REC Limited Finance	0.23%	0.72%	0.23%
Bharat Petroleum Corporation Limited Petroleum Products	0.38%	0.22%	0.22%
Power Finance Corporation Limited Finance	0.31%	0.22%	0.22%
Hindustan Petroleum Corporation Limited Petroleum Products	0.22%	0.24%	0.22%
Laurus Labs Limited Pharmaceuticals & Biotechnology	0.22%	0.52%	0.22%
Shriram Finance Limited Finance	0.77%	0.21%	0.21%
IDFC First Bank Limited Banks	0.25%	0.21%	0.21%
Coforge Limited IT - Software	0.20%	0.71%	0.20%
DLF Limited Realty	0.20%	0.24%	0.20%
GMR Airports Limited Transport Infrastructure	0.19%	0.22%	0.19%
FSN E-Commerce Ventures Limited Retailing	0.19%	0.31%	0.19%
Yes Bank Limited Banks	0.19%	0.32%	0.19%
Muthoot Finance Limited Finance	0.19%	0.30%	0.19%
UPL Limited Fertilizers & Agrochemicals	0.18%	0.27%	0.18%
Adani Energy Solutions Limited Power	0.18%	0.52%	0.18%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.18%	0.48%	0.18%
Bharat Heavy Electricals Limited Electrical Equipment	0.18%	0.61%	0.18%
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.17%	0.25%	0.17%
Bharat Electronics Limited Aerospace & Defense	0.81%	0.16%	0.16%
Persistent Systems Limited IT - Software	0.26%	0.16%	0.16%
ABB India Limited Electrical Equipment	0.16%	0.19%	0.16%
National Aluminium Company Limited Non - Ferrous Metals	0.16%	0.36%	0.16%
Bosch Limited Auto Components	0.16%	0.20%	0.16%
The Phoenix Mills Limited Realty	0.16%	0.19%	0.16%
Ambuja Cements Limited Cement & Cement Products	0.16%	0.45%	0.16%
Dabur India Limited Personal Products	0.16%	0.23%	0.16%
Varun Beverages Limited Beverages	0.31%	0.15%	0.15%
Havells India Limited Consumer Durables	0.18%	0.15%	0.15%
Adani Green Energy Limited Power	0.15%	0.35%	0.15%
Vodafone Idea Limited Telecom - Services	0.15%	1.51%	0.15%
NMDC Limited Minerals & Mining	0.15%	0.27%	0.15%
Lupin Limited Pharmaceuticals & Biotechnology	0.29%	0.13%	0.13%
SRF Limited Chemicals & Petrochemicals	0.19%	0.13%	0.13%
Hindustan Zinc Limited Non - Ferrous Metals	0.13%	0.65%	0.13%
ICICI Prudential Life Insurance Company Limited Insurance	0.13%	0.38%	0.13%
Bank of Baroda Banks	0.30%	0.12%	0.12%
HDFC Asset Management Company Limited Capital Markets	0.28%	0.12%	0.12%
Solar Industries India Limited Chemicals & Petrochemicals	0.17%	0.12%	0.12%
Biocon Limited Pharmaceuticals & Biotechnology	0.14%	0.12%	0.12%
Steel Authority of India Limited Ferrous Metals	0.12%	0.44%	0.12%
NHPC Limited Power	0.12%	0.27%	0.12%
Prestige Estates Projects Limited Realty	0.12%	0.16%	0.12%
Delhivery Limited Transport Services	0.12%	0.40%	0.12%
Max Healthcare Institute Limited Healthcare Services	0.41%	0.11%	0.11%
Info Edge (India) Limited Retailing	0.20%	0.11%	0.11%
Lodha Developers Limited Realty	0.14%	0.11%	0.11%
UNO Minda Limited Auto Components	0.11%	0.34%	0.11%
Bajaj Holdings & Investment Limited Finance	0.24%	0.10%	0.10%
APL Apollo Tubes Limited Industrial Products	0.21%	0.10%	0.10%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.17%	0.10%	0.10%
Mphasis Limited IT - Software	0.13%	0.10%	0.10%
Waaree Energies Limited Electrical Equipment	0.13%	0.10%	0.10%
Life Insurance Corporation Of India Insurance	0.10%	0.12%	0.10%
Tata Motors Passenger Vehicles Limited Automobiles	0.41%	0.09%	0.09%
The Indian Hotels Company Limited Leisure Services	0.30%	0.09%	0.09%
Dixon Technologies (India) Limited Consumer Durables	0.22%	0.09%	0.09%
Sona BLW Precision Forgings Limited Auto Components	0.12%	0.09%	0.09%
Container Corporation of India Limited Transport Services	0.09%	0.21%	0.09%
Patanjali Foods Limited Agricultural Food & other Products	0.09%	0.16%	0.09%
Crompton Greaves Consumer Electricals Limited Consumer Durables	0.09%	0.22%	0.09%
Asian Paints Limited Consumer Durables	0.55%	0.08%	0.08%
Trent Limited Retailing	0.44%	0.08%	0.08%
LIC Housing Finance Limited Finance	0.08%	0.27%	0.08%
Dalmia Bharat Limited Cement & Cement Products	0.08%	0.08%	0.08%
Manappuram Finance Limited Finance	0.08%	0.25%	0.08%
Bandhan Bank Limited Banks	0.08%	0.31%	0.08%
Exide Industries Limited Auto Components	0.08%	0.15%	0.08%
CG Power and Industrial Solutions Limited Electrical Equipment	0.25%	0.07%	0.07%
Jindal Steel Limited Ferrous Metals	0.24%	0.07%	0.07%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.12%	0.07%	0.07%
Kalyan Jewellers India Limited Consumer Durables	0.08%	0.07%	0.07%
PNB Housing Finance Limited Finance	0.08%	0.07%	0.07%
Indian Oil Corporation Limited Petroleum Products	0.36%	0.06%	0.06%
Godrej Consumer Products Limited Personal Products	0.25%	0.06%	0.06%
Marico Limited Agricultural Food & other Products	0.22%	0.06%	0.06%
Kaynes Technology India Limited Industrial Manufacturing	0.06%	0.09%	0.06%
Sammaan Capital Limited Finance	0.06%	0.21%	0.06%
Samvardhana Motherson International Limited Auto Components	0.30%	0.05%	0.05%
Indian Bank Banks	0.18%	0.05%	0.05%
Oil India Limited Oil	0.14%	0.05%	0.05%
Godrej Properties Limited Realty	0.13%	0.05%	0.05%
Blue Star Limited Consumer Durables	0.13%	0.05%	0.05%
Computer Age Management Services Limited Capital Markets	0.08%	0.05%	0.05%
PG Electroplast Limited Consumer Durables	0.05%	0.05%	0.05%
Indian Energy Exchange Limited Capital Markets	0.05%	0.10%	0.05%
Inox Wind Limited Electrical Equipment	0.05%	0.09%	0.05%
Bharat Forge Limited Auto Components	0.26%	0.04%	0.04%
United Spirits Limited Beverages	0.21%	0.04%	0.04%
Bank of India Banks	0.11%	0.04%	0.04%
KPIT Technologies Limited IT - Software	0.06%	0.04%	0.04%
NBCC (India) Limited Construction	0.05%	0.04%	0.04%
Syngene International Limited Healthcare Services	0.04%	0.09%	0.04%
IndusInd Bank Limited Banks	0.32%	0.03%	0.03%
Siemens Limited Electrical Equipment	0.16%	0.03%	0.03%
JSW Energy Limited Power	0.13%	0.03%	0.03%
Angel One Limited Capital Markets	0.08%	0.03%	0.03%
Hindustan Unilever Limited Diversified FMCG	1.06%	0.02%	0.02%
Cipla Limited Pharmaceuticals & Biotechnology	0.39%	0.02%	0.02%
ICICI Lombard General Insurance Company Limited Insurance	0.23%	0.02%	0.02%
Hitachi Energy India Limited Electrical Equipment	0.17%	0.02%	0.02%
360 One WAM Limited Capital Markets	0.14%	0.02%	0.02%
RBL Bank Limited Banks	0.10%	0.02%	0.02%
Mazagon Dock Shipbuilders Limited Industrial Manufacturing	0.09%	0.02%	0.02%
Infosys Limited IT - Software	2.33%	0.01%	0.01%
BSE Limited Capital Markets	0.57%	0.01%	0.01%
Petronet LNG Limited Gas	0.13%	0.01%	0.01%
Page Industries Limited Textiles & Apparels	0.10%	0.01%	0.01%
Tata Technologies Limited IT - Services	0.05%	0.01%	0.01%
Nuvama Wealth Management Limited Capital Markets	0.05%	0.01%	0.01%
Tata Consultancy Services Limited IT - Software	1.38%	0.00%	0.00%
Pidilite Industries Limited Chemicals & Petrochemicals	0.24%	0.00%	0.00%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.23%	0.00%	0.00%
Tube Investments of India Limited Auto Components	0.15%	0.00%	0.00%
Aditya Birla Capital Limited Finance	0.13%	0.00%	0.00%
Mankind Pharma Limited Pharmaceuticals & Biotechnology	0.13%	0.00%	0.00%
PI Industries Limited Fertilizers & Agrochemicals	0.13%	0.00%	0.00%
Piramal Pharma Limited Pharmaceuticals & Biotechnology	0.05%	0.00%	0.00%
Premier Energies Limited Electrical Equipment	0.04%	0.00%	0.00%

Unique to Axis Nifty 500 Index

All top holdings are shared with the other fund.

Unique to Kotak Arbitrage

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

14.6% (15)

Finance

3.0% (14)

Petroleum Products

3.0% (4)

Automobiles

2.7% (6)

Pharmaceuticals & Biotechnology

2.7% (14)

Telecom - Services

2.3% (3)

Power

2.2% (7)

Ferrous Metals

1.5% (4)

Insurance

1.3% (6)

Diversified FMCG

1.3% (2)

Retailing

1.3% (4)

Cement & Cement Products

1.1% (4)

Consumer Durables

1.0% (8)

IT - Software

0.9% (7)

Electrical Equipment

0.9% (9)

Healthcare Services

0.8% (4)

Construction

0.8% (2)

Transport Infrastructure

0.8% (2)

Food Products

0.7% (2)

Industrial Products

0.7% (3)

Realty

0.6% (5)

Diversified Metals

0.6% (1)

Non - Ferrous Metals

0.6% (3)

Oil

0.6% (2)

Aerospace & Defense

0.5% (2)

Agricultural Food & other Products

0.5% (3)

Auto Components

0.5% (7)

Financial Technology (Fintech)

0.5% (2)

Transport Services

0.5% (3)

Consumable Fuels

0.3% (1)

Metals & Minerals Trading

0.3% (1)

Capital Markets

0.3% (7)

Chemicals & Petrochemicals

0.3% (3)

Gas

0.2% (2)

Personal Products

0.2% (2)

Beverages

0.2% (2)

Fertilizers & Agrochemicals

0.2% (2)

Minerals & Mining

0.1% (1)

Leisure Services

0.1% (1)

Industrial Manufacturing

0.1% (2)

Textiles & Apparels

0.0% (1)

IT - Services

0.0% (1)

More comparisons for Axis Nifty 500 Index

vs SBI Nifty 500 Index99.3% · 500 stocks
vs Motilal Oswal Nifty 500 Index99.3% · 500 stocks
vs Motilal Oswal Nifty 500 ETF99.3% · 500 stocks
vs HDFC BSE 500 INDEX98.0% · 477 stocks
vs ICICI Prudential BSE 500 ETF98.0% · 477 stocks

More comparisons for Kotak Arbitrage

vs IB33-GROWW NIFTY 200 ETF51.6% · 152 stocks
vs HDFC BSE 500 INDEX51.0% · 173 stocks
vs HDFC BSE 500 ETF51.0% · 173 stocks
vs ICICI Prudential BSE 500 ETF51.0% · 173 stocks
vs SBI Nifty 500 Index50.8% · 174 stocks

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