EDELWEISS ELSS TAX SAVER FUND vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME

Edelweiss vs Nippon· Portfolio Overlap Analysis

44.9%High Overlap
33 common stocksRank #16281 / 20,000

Investor takeaway: At 44.9% 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 (33)

StockWt% in EDELWEISS ELSS TAX SAVERWt% in NIPPON INDIA RETIREMENT FUND -Overlap
HDFC Bank Ltd.
Banks
5.05%7.08%5.05%
Reliance Industries Ltd.
Petroleum Products
4.91%4.56%4.56%
Larsen & Toubro Ltd.
Construction
3.26%3.62%3.26%
ICICI Bank Ltd.
Banks
3.21%7.59%3.21%
State Bank of India
Banks
3.05%3.99%3.05%
Bharti Airtel Ltd.
Telecom - Services
3.59%2.69%2.69%
NTPC Ltd.
Power
2.12%2.93%2.12%
Mahindra & Mahindra Ltd.
Automobiles
1.88%2.54%1.88%
Infosys Ltd.
IT - Software
1.63%2.86%1.63%
Axis Bank Ltd.
Banks
1.32%3.20%1.32%
Samvardhana Motherson International Ltd.
Auto Components
1.29%1.89%1.29%
Ultratech Cement Ltd.
Cement & Cement Products
1.25%1.62%1.25%
SBI Life Insurance Company Ltd.
Insurance
1.20%1.95%1.20%
Tech Mahindra Ltd.
IT - Software
1.04%1.84%1.04%
L&T Finance Ltd.
Finance
1.10%1.00%1.00%
Cholamandalam Investment & Finance Company Ltd.
Finance
1.16%0.96%0.96%
Titan Company Ltd.
Consumer Durables
0.93%1.38%0.93%
Lupin Ltd.
Pharmaceuticals & Biotechnology
0.92%1.32%0.92%
TVS Motor Company Ltd.
Automobiles
0.92%0.86%0.86%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.84%1.23%0.84%
Shriram Finance Ltd.
Finance
1.45%0.78%0.78%
PB Fintech Ltd.
Financial Technology (Fintech)
0.89%0.76%0.76%
JSW Steel Ltd.
Ferrous Metals
0.59%0.81%0.59%
IPCA Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.89%0.55%0.55%
Bajaj Finance Ltd.
Finance
0.53%2.86%0.53%
Blue Star Ltd.
Consumer Durables
0.49%1.24%0.49%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.48%0.44%0.44%
SRF Ltd.
Chemicals & Petrochemicals
0.43%0.61%0.43%
JSW Energy Ltd.
Power
0.37%1.40%0.37%
Coforge Ltd.
IT - Software
0.64%0.34%0.34%
Swiggy Ltd.
Retailing
0.34%0.50%0.34%
Dixon Technologies (India) Ltd.
Consumer Durables
0.20%0.97%0.20%
KWALITY WALL'S INDIA LTD
Food Products
0.01%0.02%0.01%

Unique to EDELWEISS ELSS TAX SAVER

  • Multi Commodity Exchange Of India Ltd.2.38%
  • Bharat Electronics Ltd.2.23%
  • Muthoot Finance Ltd.2.17%
  • BSE Ltd.2.15%

Unique to NIPPON INDIA RETIREMENT FUND -

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
12.6% (4)
Petroleum Products
5.4% (2)
Finance
3.3% (4)
Construction
3.3% (1)
IT - Software
3.0% (3)
Automobiles
2.7% (2)
Telecom - Services
2.7% (1)
Power
2.5% (2)
Consumer Durables
1.6% (3)
Pharmaceuticals & Biotechnology
1.5% (2)
Auto Components
1.3% (1)
Cement & Cement Products
1.3% (1)
Insurance
1.2% (1)
Financial Technology (Fintech)
0.8% (1)
Ferrous Metals
0.6% (1)
Non - Ferrous Metals
0.4% (1)
Chemicals & Petrochemicals
0.4% (1)
Retailing
0.3% (1)
Food Products
0.0% (1)

More comparisons for EDELWEISS ELSS TAX SAVER

More comparisons for NIPPON INDIA RETIREMENT FUND -

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