Bajaj Finserv Nifty 50 Index Fund vs HDFC ELSS Tax saver

Bajaj vs HDFC· Portfolio Overlap Analysis

54.3%High Overlap
25 common stocksRank #7142 / 20,000

Investor takeaway: At 54.3% 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 (25)

StockWt% in Bajaj Finserv Nifty 50 IndexWt% in HDFC ELSS Tax saverOverlap
HDFC Bank Limited
Banks
11.82%8.87%8.87%
ICICI Bank Limited
Banks
8.58%9.13%8.58%
State Bank of India
Banks
4.34%5.06%4.34%
Bharti Airtel Limited
Telecom - Services
4.56%3.84%3.84%
Axis Bank Limited
Banks
3.45%7.38%3.45%
Reliance Industries Limited
Petroleum Products
8.19%2.79%2.79%
Kotak Mahindra Bank Limited
Banks
2.66%4.37%2.66%
Infosys Limited
IT - Software
3.96%1.96%1.96%
Maruti Suzuki India Limited
Automobiles
1.70%4.92%1.70%
Larsen & Toubro Limited
Construction
4.37%1.63%1.63%
Tata Steel Limited
Ferrous Metals
1.53%1.92%1.53%
HCL Technologies Limited
IT - Software
1.28%2.80%1.28%
Power Grid Corporation of India Limited
Power
1.18%1.98%1.18%
ITC Limited
Diversified FMCG
2.63%1.12%1.12%
JSW Steel Limited
Ferrous Metals
1.03%1.52%1.03%
Eternal Limited
Retailing
1.54%0.96%0.96%
Bajaj Auto Limited
Automobiles
0.96%2.85%0.96%
InterGlobe Aviation Limited
Transport Services
0.95%1.16%0.95%
Oil & Natural Gas Corporation Limited
Oil
0.95%1.18%0.95%
Eicher Motors Limited
Automobiles
0.96%0.87%0.87%
SBI Life Insurance Company Limited
Insurance
0.80%5.52%0.80%
Tech Mahindra Limited
IT - Software
0.75%0.82%0.75%
Mahindra & Mahindra Limited
Automobiles
2.64%0.72%0.72%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.70%1.29%0.70%
Cipla Limited
Pharmaceuticals & Biotechnology
0.66%1.00%0.66%

Unique to Bajaj Finserv Nifty 50 Index

All top holdings are shared with the other fund.

Unique to HDFC ELSS Tax saver

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
27.9% (5)
Automobiles
4.3% (4)
IT - Software
4.0% (3)
Telecom - Services
3.8% (1)
Petroleum Products
2.8% (1)
Ferrous Metals
2.6% (2)
Construction
1.6% (1)
Power
1.2% (1)
Diversified FMCG
1.1% (1)
Retailing
1.0% (1)
Transport Services
0.9% (1)
Oil
0.9% (1)
Insurance
0.8% (1)
Healthcare Services
0.7% (1)
Pharmaceuticals & Biotechnology
0.7% (1)

More comparisons for Bajaj Finserv Nifty 50 Index

More comparisons for HDFC ELSS Tax saver

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