Axis Retirement Fund - Dynamic Plan vs CANARA ROBECO BALANCED ADVANTAGE FUND

Axis vs Canara Robeco· Portfolio Overlap Analysis

46.6%High Overlap
37 common stocksRank #13834 / 20,000

Investor takeaway: At 46.6% 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)

StockWt% in Axis Retirement Fund - DynamicWt% in CANARA ROBECO BALANCED ADVANTAOverlap
HDFC Bank Limited
Banks
6.08%7.39%6.08%
Reliance Industries Limited
Petroleum Products
5.55%5.30%5.30%
ICICI Bank Limited
Banks
5.97%4.32%4.32%
State Bank of India
Banks
3.69%3.43%3.43%
Larsen & Toubro Limited
Construction
3.26%3.56%3.26%
Bharti Airtel Limited
Telecom - Services
2.81%2.96%2.81%
Infosys Limited
IT - Software
3.50%2.20%2.20%
Mahindra & Mahindra Limited
Automobiles
2.26%1.87%1.87%
Bajaj Finance Limited
Finance
1.96%1.36%1.36%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
1.30%1.06%1.06%
Samvardhana Motherson International Limited
Auto Components
0.91%1.21%0.91%
Shriram Finance Limited
Finance
0.85%1.19%0.85%
Varun Beverages Limited
Beverages
0.84%1.03%0.84%
United Spirits Limited
Beverages
0.78%0.79%0.78%
Eternal Limited
Retailing
0.75%1.42%0.75%
Tata Consultancy Services Limited
IT - Software
0.79%0.74%0.74%
Britannia Industries Limited
Food Products
0.80%0.72%0.72%
Bharat Electronics Limited
Aerospace & Defense
0.69%1.09%0.69%
SBI Life Insurance Company Limited
Insurance
0.67%1.52%0.67%
CG Power and Industrial Solutions Limited
Electrical Equipment
1.00%0.66%0.66%
Tata Power Company Limited
Power
0.65%1.09%0.65%
InterGlobe Aviation Limited
Transport Services
0.64%0.84%0.64%
JK Cement Limited
Cement & Cement Products
0.87%0.63%0.63%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.76%0.63%0.63%
PNB Housing Finance Limited
Finance
0.92%0.57%0.57%
Arvind Fashions Limited
Retailing
0.64%0.54%0.54%
Hindustan Aeronautics Limited
Aerospace & Defense
0.48%0.63%0.48%
Awfis Space Solutions Limited
Commercial Services & Supplies
0.47%0.49%0.47%
NTPC Limited
Power
1.30%0.44%0.44%
Brigade Enterprises Limited
Realty
0.41%0.59%0.41%
Bharat Petroleum Corporation Limited
Petroleum Products
0.40%0.53%0.40%
ITC Limited
Diversified FMCG
0.37%1.12%0.37%
Jyothy Labs Limited
Household Products
0.34%0.41%0.34%
Jubilant Foodworks Limited
Leisure Services
0.25%0.55%0.25%
Hindalco Industries Limited
Non - Ferrous Metals
0.21%0.55%0.21%
Axis Bank Limited
Banks
0.19%2.58%0.19%
Coal India Limited
Consumable Fuels
0.08%1.44%0.08%

Unique to Axis Retirement Fund - Dynamic

  • Pidilite Industries Limited2.30%

Unique to CANARA ROBECO BALANCED ADVANTA

  • Power Finance Corporation Ltd2.32%

Sector Overlap Breakdown

Banks
14.0% (4)
Petroleum Products
5.7% (2)
Construction
3.3% (1)
IT - Software
2.9% (2)
Telecom - Services
2.8% (1)
Finance
2.8% (3)
Automobiles
1.9% (1)
Pharmaceuticals & Biotechnology
1.7% (2)
Beverages
1.6% (2)
Retailing
1.3% (2)
Aerospace & Defense
1.2% (2)
Power
1.1% (2)
Auto Components
0.9% (1)
Food Products
0.7% (1)
Insurance
0.7% (1)
Electrical Equipment
0.7% (1)
Transport Services
0.6% (1)
Cement & Cement Products
0.6% (1)
Commercial Services & Supplies
0.5% (1)
Realty
0.4% (1)
Diversified FMCG
0.4% (1)
Household Products
0.3% (1)
Leisure Services
0.3% (1)
Non - Ferrous Metals
0.2% (1)
Consumable Fuels
0.1% (1)

More comparisons for Axis Retirement Fund - Dynamic

More comparisons for CANARA ROBECO BALANCED ADVANTA

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