Axis Retirement Fund - Dynamic Plan vs Parag Parikh Large Cap Fund

Axis vs PPFAS· Portfolio Overlap Analysis

53.4%High Overlap

48 common stocksRank #7527 / 20,000

Investor takeaway: At 53.4% 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 (48)

Stock	Wt% in Axis Retirement Fund - Dynamic	Wt% in Parag Parikh Large Cap	Overlap
HDFC Bank Limited Banks	6.08%	9.77%	6.08%
ICICI Bank Limited Banks	5.97%	7.17%	5.97%
Reliance Industries Limited Petroleum Products	5.55%	6.82%	5.55%
State Bank of India Banks	3.69%	3.61%	3.61%
Infosys Limited IT - Software	3.50%	3.30%	3.30%
Larsen & Toubro Limited Construction	3.26%	3.64%	3.26%
Bharti Airtel Limited Telecom - Services	2.81%	3.79%	2.81%
Mahindra & Mahindra Limited Automobiles	2.26%	2.20%	2.20%
Bajaj Finance Limited Finance	1.96%	1.92%	1.92%
Kotak Mahindra Bank Limited Banks	1.34%	2.25%	1.34%
NTPC Limited Power	1.30%	1.31%	1.30%
Titan Company Limited Consumer Durables	0.87%	1.29%	0.87%
Shriram Finance Limited Finance	0.85%	1.10%	0.85%
Tata Consultancy Services Limited IT - Software	0.79%	1.95%	0.79%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	0.76%	1.33%	0.76%
Eternal Limited Retailing	0.75%	1.28%	0.75%
Bharat Electronics Limited Aerospace & Defense	0.69%	1.15%	0.69%
SBI Life Insurance Company Limited Insurance	0.67%	0.66%	0.66%
InterGlobe Aviation Limited Transport Services	0.64%	0.79%	0.64%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	1.30%	0.59%	0.59%
Apollo Hospitals Enterprise Limited Healthcare Services	1.08%	0.58%	0.58%
HDFC Life Insurance Company Limited Insurance	1.00%	0.56%	0.56%
Cipla Limited Pharmaceuticals & Biotechnology	0.52%	0.55%	0.52%
Britannia Industries Limited Food Products	0.80%	0.51%	0.51%
Hindustan Unilever Limited Diversified FMCG	0.51%	1.50%	0.51%
Tata Steel Limited Ferrous Metals	0.48%	1.27%	0.48%
Hindustan Aeronautics Limited Aerospace & Defense	0.48%	0.54%	0.48%
Cholamandalam Investment and Finance Company Ltd Finance	0.47%	0.53%	0.47%
Tata Power Company Limited Power	0.65%	0.46%	0.46%
Varun Beverages Limited Beverages	0.84%	0.45%	0.45%
Samvardhana Motherson International Limited Auto Components	0.91%	0.43%	0.43%
Bharat Petroleum Corporation Limited Petroleum Products	0.40%	0.54%	0.40%
ITC Limited Diversified FMCG	0.37%	2.19%	0.37%
Avenue Supermarts Limited Retailing	0.37%	0.41%	0.37%
CG Power and Industrial Solutions Limited Electrical Equipment	1.00%	0.36%	0.36%
Bank of Baroda Banks	0.35%	0.43%	0.35%
Pidilite Industries Limited Chemicals & Petrochemicals	2.30%	0.34%	0.34%
REC Limited Finance	0.47%	0.32%	0.32%
United Spirits Limited Beverages	0.78%	0.30%	0.30%
Hindalco Industries Limited Non - Ferrous Metals	0.21%	0.97%	0.21%
Hyundai Motor India Ltd Automobiles	0.21%	0.23%	0.21%
Axis Bank Limited Banks	0.19%	2.91%	0.19%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.23%	0.17%	0.17%
Oil & Natural Gas Corporation Limited Oil	0.12%	0.79%	0.12%
HCL Technologies Limited IT - Software	0.12%	1.06%	0.12%
Coal India Limited Consumable Fuels	0.08%	0.71%	0.08%
Nestle India Limited Food Products	0.05%	0.67%	0.05%
Power Grid Corporation of India Limited Power	0.01%	0.98%	0.01%

Unique to Axis Retirement Fund - Dynamic

All top holdings are shared with the other fund.

Unique to Parag Parikh Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

17.5% (6)

Petroleum Products

6.0% (2)

IT - Software

4.2% (3)

Finance

3.6% (4)

Construction

3.3% (1)

Telecom - Services

2.8% (1)

Automobiles

2.4% (2)

Pharmaceuticals & Biotechnology

2.0% (4)

Power

1.8% (3)

Insurance

1.2% (2)

Aerospace & Defense

1.2% (2)

Retailing

1.1% (2)

Diversified FMCG

0.9% (2)

Consumer Durables

0.9% (1)

Beverages

0.8% (2)

Transport Services

0.6% (1)

Healthcare Services

0.6% (1)

Food Products

0.6% (2)

Ferrous Metals

0.5% (1)

Auto Components

0.4% (1)

Electrical Equipment

0.4% (1)

Chemicals & Petrochemicals

0.3% (1)

Non - Ferrous Metals

0.2% (1)

Oil

0.1% (1)

Consumable Fuels

0.1% (1)

More comparisons for Axis Retirement Fund - Dynamic

vs Axis Retirement Fund - Aggress71.5% · 77 stocks
vs Axis Aggressive Hybrid64.7% · 72 stocks
vs Axis Children’s63.5% · 74 stocks
vs Axis Balanced Advantage56.4% · 67 stocks
vs Axis ELSS Tax Saver55.5% · 46 stocks

More comparisons for Parag Parikh Large Cap

vs HDFC NIFTY 100 ETF99.8% · 100 stocks
vs ICICI Prudential Nifty 100 ETF99.8% · 100 stocks
vs Axis Nifty 100 Index99.7% · 100 stocks
vs Nippon India ETF Nifty 10099.7% · 100 stocks
vs HDFC NIFTY 100 Index99.7% · 100 stocks

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