Axis Nifty 500 Index Fund vs SBI Arbitrage Opportunities Fund

Axis vs SBI· Portfolio Overlap Analysis

51.3%High Overlap

186 common stocksRank #8847 / 20,000

Investor takeaway: At 51.3% 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 (186)

Stock	Wt% in Axis Nifty 500 Index	Wt% in SBI Arbitrage Opportunities	Overlap
HDFC Bank Limited Banks	6.95%	6.00%	6.00%
ICICI Bank Limited Banks	5.04%	4.08%	4.08%
Reliance Industries Limited Petroleum Products	4.82%	2.01%	2.01%
Axis Bank Limited Banks	2.03%	1.71%	1.71%
Tata Consultancy Services Limited IT - Software	1.38%	1.51%	1.38%
ITC Limited Diversified FMCG	1.54%	1.31%	1.31%
Bharti Airtel Limited Telecom - Services	2.68%	1.19%	1.19%
Kotak Mahindra Bank Limited Banks	1.56%	0.99%	0.99%
Larsen & Toubro Limited Construction	2.57%	0.88%	0.88%
Eternal Limited Retailing	0.91%	0.81%	0.81%
Bharat Electronics Limited Aerospace & Defense	0.81%	1.46%	0.81%
Mahindra & Mahindra Limited Automobiles	1.55%	0.80%	0.80%
State Bank of India Banks	2.55%	0.77%	0.77%
Shriram Finance Limited Finance	0.77%	1.10%	0.77%
Vedanta Limited Diversified Metals	0.62%	1.53%	0.62%
JSW Steel Limited Ferrous Metals	0.61%	1.65%	0.61%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.57%	0.69%	0.57%
Tata Steel Limited Ferrous Metals	0.90%	0.56%	0.56%
InterGlobe Aviation Limited Transport Services	0.56%	0.76%	0.56%
Grasim Industries Limited Cement & Cement Products	0.54%	0.87%	0.54%
Asian Paints Limited Consumer Durables	0.55%	0.52%	0.52%
Maruti Suzuki India Limited Automobiles	0.99%	0.46%	0.46%
TVS Motor Company Limited Automobiles	0.46%	0.49%	0.46%
Titan Company Limited Consumer Durables	0.91%	0.45%	0.45%
Coal India Limited Consumable Fuels	0.50%	0.43%	0.43%
Jio Financial Services Limited Finance	0.43%	0.99%	0.43%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.42%	0.48%	0.42%
Trent Limited Retailing	0.44%	0.40%	0.40%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.94%	0.39%	0.39%
Oil & Natural Gas Corporation Limited Oil	0.55%	0.39%	0.39%
Hindustan Aeronautics Limited Aerospace & Defense	0.38%	1.13%	0.38%
Hindalco Industries Limited Non - Ferrous Metals	0.69%	0.37%	0.37%
Cholamandalam Investment and Finance Company Ltd Finance	0.37%	0.36%	0.36%
Indian Oil Corporation Limited Petroleum Products	0.36%	0.44%	0.36%
Apollo Hospitals Enterprise Limited Healthcare Services	0.41%	0.35%	0.35%
Bajaj Finserv Limited Finance	0.58%	0.34%	0.34%
Bajaj Finance Limited Finance	1.35%	0.32%	0.32%
HDFC Life Insurance Company Limited Insurance	0.39%	0.32%	0.32%
Multi Commodity Exchange of India Limited Capital Markets	0.32%	0.36%	0.32%
NTPC Limited Power	0.93%	0.31%	0.31%
UltraTech Cement Limited Cement & Cement Products	0.77%	0.31%	0.31%
Power Grid Corporation of India Limited Power	0.69%	0.31%	0.31%
Varun Beverages Limited Beverages	0.31%	0.42%	0.31%
Power Finance Corporation Limited Finance	0.31%	1.05%	0.31%
Indus Towers Limited Telecom - Services	0.31%	0.83%	0.31%
Tech Mahindra Limited IT - Software	0.44%	0.30%	0.30%
Tata Consumer Products Limited Agricultural Food & other Products	0.38%	0.30%	0.30%
The Indian Hotels Company Limited Leisure Services	0.30%	0.30%	0.30%
Lupin Limited Pharmaceuticals & Biotechnology	0.29%	0.40%	0.29%
Samvardhana Motherson International Limited Auto Components	0.30%	0.28%	0.28%
Tata Motors Passenger Vehicles Limited Automobiles	0.41%	0.27%	0.27%
Canara Bank Banks	0.27%	0.27%	0.27%
Suzlon Energy Limited Electrical Equipment	0.26%	0.35%	0.26%
Bank of Baroda Banks	0.30%	0.25%	0.25%
Max Financial Services Limited Insurance	0.25%	0.45%	0.25%
Britannia Industries Limited Food Products	0.36%	0.24%	0.24%
PB Fintech Limited Financial Technology (Fintech)	0.26%	0.23%	0.23%
GAIL (India) Limited Gas	0.23%	0.30%	0.23%
Punjab National Bank Banks	0.23%	0.79%	0.23%
One 97 Communications Limited Financial Technology (Fintech)	0.23%	0.27%	0.23%
REC Limited Finance	0.23%	0.73%	0.23%
Bharat Petroleum Corporation Limited Petroleum Products	0.38%	0.22%	0.22%
Hindustan Petroleum Corporation Limited Petroleum Products	0.22%	0.35%	0.22%
Laurus Labs Limited Pharmaceuticals & Biotechnology	0.22%	0.42%	0.22%
Marico Limited Agricultural Food & other Products	0.22%	0.29%	0.22%
APL Apollo Tubes Limited Industrial Products	0.21%	0.26%	0.21%
DLF Limited Realty	0.20%	0.57%	0.20%
Tata Power Company Limited Power	0.32%	0.19%	0.19%
Coforge Limited IT - Software	0.20%	0.19%	0.19%
GMR Airports Limited Transport Infrastructure	0.19%	0.71%	0.19%
Infosys Limited IT - Software	2.33%	0.18%	0.18%
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology	0.40%	0.18%	0.18%
Havells India Limited Consumer Durables	0.18%	0.18%	0.18%
Adani Energy Solutions Limited Power	0.18%	0.45%	0.18%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.18%	0.62%	0.18%
Bharat Heavy Electricals Limited Electrical Equipment	0.18%	0.78%	0.18%
SRF Limited Chemicals & Petrochemicals	0.19%	0.17%	0.17%
Solar Industries India Limited Chemicals & Petrochemicals	0.17%	0.38%	0.17%
Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.17%	0.66%	0.17%
National Aluminium Company Limited Non - Ferrous Metals	0.16%	0.53%	0.16%
The Phoenix Mills Limited Realty	0.16%	0.26%	0.16%
Ambuja Cements Limited Cement & Cement Products	0.16%	0.45%	0.16%
Dabur India Limited Personal Products	0.16%	0.25%	0.16%
BSE Limited Capital Markets	0.57%	0.15%	0.15%
IDFC First Bank Limited Banks	0.25%	0.15%	0.15%
Dixon Technologies (India) Limited Consumer Durables	0.22%	0.15%	0.15%
Adani Green Energy Limited Power	0.15%	0.60%	0.15%
Vodafone Idea Limited Telecom - Services	0.15%	1.21%	0.15%
NMDC Limited Minerals & Mining	0.15%	0.61%	0.15%
Fortis Healthcare Limited Healthcare Services	0.25%	0.14%	0.14%
Lodha Developers Limited Realty	0.14%	0.17%	0.14%
Biocon Limited Pharmaceuticals & Biotechnology	0.14%	0.17%	0.14%
Nestle India Limited Food Products	0.47%	0.13%	0.13%
Bosch Limited Auto Components	0.16%	0.13%	0.13%
JSW Energy Limited Power	0.13%	0.35%	0.13%
Aditya Birla Capital Limited Finance	0.13%	0.42%	0.13%
Hindustan Zinc Limited Non - Ferrous Metals	0.13%	0.38%	0.13%
ICICI Prudential Life Insurance Company Limited Insurance	0.13%	0.29%	0.13%
Petronet LNG Limited Gas	0.13%	0.23%	0.13%
SBI Life Insurance Company Limited Insurance	0.46%	0.12%	0.12%
AU Small Finance Bank Limited Banks	0.28%	0.12%	0.12%
United Spirits Limited Beverages	0.21%	0.12%	0.12%
FSN E-Commerce Ventures Limited Retailing	0.19%	0.12%	0.12%
Sona BLW Precision Forgings Limited Auto Components	0.12%	0.19%	0.12%
Steel Authority of India Limited Ferrous Metals	0.12%	0.63%	0.12%
Max Healthcare Institute Limited Healthcare Services	0.41%	0.11%	0.11%
Bank of India Banks	0.11%	0.15%	0.11%
UNO Minda Limited Auto Components	0.11%	0.17%	0.11%
Cipla Limited Pharmaceuticals & Biotechnology	0.39%	0.10%	0.10%
Godrej Consumer Products Limited Personal Products	0.25%	0.10%	0.10%
UPL Limited Fertilizers & Agrochemicals	0.18%	0.10%	0.10%
Delhivery Limited Transport Services	0.12%	0.10%	0.10%
RBL Bank Limited Banks	0.10%	0.26%	0.10%
Life Insurance Corporation Of India Insurance	0.10%	0.11%	0.10%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.12%	0.09%	0.09%
Container Corporation of India Limited Transport Services	0.09%	0.22%	0.09%
Patanjali Foods Limited Agricultural Food & other Products	0.09%	0.32%	0.09%
Crompton Greaves Consumer Electricals Limited Consumer Durables	0.09%	0.32%	0.09%
Mazagon Dock Shipbuilders Limited Industrial Manufacturing	0.09%	0.09%	0.09%
HDFC Asset Management Company Limited Capital Markets	0.28%	0.08%	0.08%
Polycab India Limited Industrial Products	0.23%	0.08%	0.08%
Info Edge (India) Limited Retailing	0.20%	0.08%	0.08%
Mphasis Limited IT - Software	0.13%	0.08%	0.08%
LIC Housing Finance Limited Finance	0.08%	0.40%	0.08%
Kalyan Jewellers India Limited Consumer Durables	0.08%	0.26%	0.08%
Manappuram Finance Limited Finance	0.08%	0.34%	0.08%
Bandhan Bank Limited Banks	0.08%	0.28%	0.08%
Exide Industries Limited Auto Components	0.08%	0.23%	0.08%
PNB Housing Finance Limited Finance	0.08%	0.25%	0.08%
Colgate Palmolive (India) Limited Personal Products	0.15%	0.07%	0.07%
Central Depository Services (India) Limited Capital Markets	0.12%	0.07%	0.07%
Hero MotoCorp Limited Automobiles	0.38%	0.06%	0.06%
Hitachi Energy India Limited Electrical Equipment	0.17%	0.06%	0.06%
NHPC Limited Power	0.12%	0.06%	0.06%
Angel One Limited Capital Markets	0.08%	0.06%	0.06%
Kaynes Technology India Limited Industrial Manufacturing	0.06%	0.06%	0.06%
Sammaan Capital Limited Finance	0.06%	0.31%	0.06%
The Federal Bank Limited Banks	0.38%	0.05%	0.05%
360 One WAM Limited Capital Markets	0.14%	0.05%	0.05%
Godrej Properties Limited Realty	0.13%	0.05%	0.05%
Oracle Financial Services Software Limited IT - Software	0.08%	0.05%	0.05%
Tata Technologies Limited IT - Services	0.05%	0.05%	0.05%
NBCC (India) Limited Construction	0.05%	0.10%	0.05%
Inox Wind Limited Electrical Equipment	0.05%	0.13%	0.05%
HCL Technologies Limited IT - Software	0.75%	0.04%	0.04%
Bajaj Holdings & Investment Limited Finance	0.24%	0.04%	0.04%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.17%	0.04%	0.04%
Prestige Estates Projects Limited Realty	0.12%	0.04%	0.04%
Premier Energies Limited Electrical Equipment	0.04%	0.09%	0.04%
Syngene International Limited Healthcare Services	0.04%	0.10%	0.04%
Hindustan Unilever Limited Diversified FMCG	1.06%	0.03%	0.03%
Cummins India Limited Industrial Products	0.34%	0.03%	0.03%
IndusInd Bank Limited Banks	0.32%	0.03%	0.03%
Waaree Energies Limited Electrical Equipment	0.13%	0.03%	0.03%
Blue Star Limited Consumer Durables	0.13%	0.03%	0.03%
L&T Finance Limited Finance	0.12%	0.03%	0.03%
Computer Age Management Services Limited Capital Markets	0.08%	0.03%	0.03%
Eicher Motors Limited Automobiles	0.56%	0.02%	0.02%
Wipro Limited IT - Software	0.29%	0.02%	0.02%
Adani Enterprises Limited Metals & Minerals Trading	0.29%	0.02%	0.02%
Persistent Systems Limited IT - Software	0.26%	0.02%	0.02%
CG Power and Industrial Solutions Limited Electrical Equipment	0.25%	0.02%	0.02%
Voltas Limited Consumer Durables	0.18%	0.02%	0.02%
Indian Bank Banks	0.18%	0.02%	0.02%
Siemens Limited Electrical Equipment	0.16%	0.02%	0.02%
Torrent Power Limited Power	0.15%	0.02%	0.02%
Oil India Limited Oil	0.14%	0.02%	0.02%
Amber Enterprises India Limited Consumer Durables	0.08%	0.02%	0.02%
Indian Energy Exchange Limited Capital Markets	0.05%	0.02%	0.02%
Housing & Urban Development Corporation Limited Finance	0.05%	0.02%	0.02%
Bharat Forge Limited Auto Components	0.26%	0.01%	0.01%
Pidilite Industries Limited Chemicals & Petrochemicals	0.24%	0.01%	0.01%
LTIMindtree Limited IT - Software	0.21%	0.01%	0.01%
Muthoot Finance Limited Finance	0.19%	0.01%	0.01%
ABB India Limited Electrical Equipment	0.16%	0.01%	0.01%
Dalmia Bharat Limited Cement & Cement Products	0.08%	0.01%	0.01%
Tata Elxsi Limited IT - Software	0.08%	0.01%	0.01%
PG Electroplast Limited Consumer Durables	0.05%	0.01%	0.01%
Nuvama Wealth Management Limited Capital Markets	0.05%	0.01%	0.01%
Bajaj Auto Limited Automobiles	0.56%	0.00%	0.00%
Avenue Supermarts Limited Retailing	0.29%	0.00%	0.00%
Jindal Steel Limited Ferrous Metals	0.24%	0.00%	0.00%
Union Bank of India Banks	0.20%	0.00%	0.00%
Mankind Pharma Limited Pharmaceuticals & Biotechnology	0.13%	0.00%	0.00%
KFin Technologies Limited Capital Markets	0.06%	0.00%	0.00%
KPIT Technologies Limited IT - Software	0.06%	0.00%	0.00%

Unique to Axis Nifty 500 Index

All top holdings are shared with the other fund.

Unique to SBI Arbitrage Opportunities

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

15.0% (17)

Finance

3.3% (16)

Petroleum Products

2.8% (4)

IT - Software

2.3% (12)

Pharmaceuticals & Biotechnology

2.2% (12)

Automobiles

2.1% (7)

Telecom - Services

1.6% (3)

Consumer Durables

1.6% (10)

Retailing

1.4% (5)

Power

1.4% (8)

Diversified FMCG

1.3% (2)

Ferrous Metals

1.3% (4)

Aerospace & Defense

1.2% (2)

Cement & Cement Products

1.0% (4)

Construction

0.9% (2)

Insurance

0.9% (5)

Capital Markets

0.8% (10)

Transport Infrastructure

0.8% (2)

Transport Services

0.8% (3)

Auto Components

0.7% (6)

Electrical Equipment

0.7% (9)

Non - Ferrous Metals

0.7% (3)

Healthcare Services

0.6% (4)

Diversified Metals

0.6% (1)

Agricultural Food & other Products

0.6% (3)

Realty

0.6% (5)

Financial Technology (Fintech)

0.5% (2)

Consumable Fuels

0.4% (1)

Beverages

0.4% (2)

Oil

0.4% (2)

Food Products

0.4% (2)

Gas

0.4% (2)

Chemicals & Petrochemicals

0.3% (3)

Personal Products

0.3% (3)

Industrial Products

0.3% (3)

Leisure Services

0.3% (1)

Minerals & Mining

0.1% (1)

Industrial Manufacturing

0.1% (2)

Fertilizers & Agrochemicals

0.1% (1)

IT - Services

0.1% (1)

Metals & Minerals Trading

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 SBI Arbitrage Opportunities

vs IB33-GROWW NIFTY 200 ETF51.6% · 161 stocks
vs SBI Nifty 500 Index51.3% · 186 stocks
vs Motilal Oswal Nifty 500 Index51.3% · 186 stocks
vs Motilal Oswal Nifty 500 ETF51.3% · 186 stocks
vs HDFC BSE 500 INDEX51.2% · 184 stocks

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