ET vs Mahindra Manulife ELSS Tax Saver Fund

Canara Robeco vs Mahindra· Portfolio Overlap Analysis

49.0%High Overlap
25 common stocksRank #11275 / 20,000

Investor takeaway: At 49.0% 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 ETWt% in Mahindra Manulife ELSS Tax SavOverlap
HDFC Bank Ltd
Banks
7.19%7.46%7.19%
ICICI Bank Ltd
Banks
6.76%7.87%6.76%
Reliance Industries Ltd
Petroleum Products
3.98%5.17%3.98%
Infosys Ltd
IT - Software
3.22%3.91%3.22%
State Bank of India
Banks
3.78%3.12%3.12%
Larsen & Toubro Ltd
Construction
3.42%3.02%3.02%
Axis Bank Ltd
Banks
2.76%3.55%2.76%
Bajaj Finance Ltd
Finance
2.64%3.59%2.64%
Bharti Airtel Ltd
Telecom - Services
3.12%1.81%1.81%
Ultratech Cement Ltd
Cement & Cement Products
1.76%2.22%1.76%
TVS Motor Co Ltd
Automobiles
1.47%1.48%1.47%
NTPC Ltd
Power
1.38%1.22%1.22%
Titan Co Ltd
Consumer Durables
1.14%1.76%1.14%
Maruti Suzuki India Ltd
Automobiles
1.10%1.40%1.10%
Tata Power Co Ltd
Power
0.98%1.30%0.98%
CG Power and Industrial Solutions Ltd
Electrical Equipment
1.35%0.97%0.97%
Uno Minda Ltd
Auto Components
0.97%1.28%0.97%
Doms Industries Ltd
Household Products
0.96%0.88%0.88%
Tata Consultancy Services Ltd
IT - Software
0.86%3.00%0.86%
Tech Mahindra Ltd
IT - Software
0.70%1.35%0.70%
Info Edge (India) Ltd
Retailing
0.68%1.15%0.68%
Crompton Greaves Consumer Electricals Ltd
Consumer Durables
0.63%0.99%0.63%
Britannia Industries Ltd
Food Products
0.54%1.38%0.54%
Jubilant Foodworks Ltd
Leisure Services
0.50%0.91%0.50%
Mahindra & Mahindra Ltd
Automobiles
1.24%0.07%0.07%

Unique to ET

  • Ge Vernova T&D India Ltd2.31%

Unique to Mahindra Manulife ELSS Tax Sav

  • Hindustan Unilever Limited2.75%

Sector Overlap Breakdown

Banks
19.8% (4)
IT - Software
4.8% (3)
Petroleum Products
4.0% (1)
Construction
3.0% (1)
Finance
2.6% (1)
Automobiles
2.6% (3)
Power
2.2% (2)
Telecom - Services
1.8% (1)
Consumer Durables
1.8% (2)
Cement & Cement Products
1.8% (1)
Electrical Equipment
1.0% (1)
Auto Components
1.0% (1)
Household Products
0.9% (1)
Retailing
0.7% (1)
Food Products
0.5% (1)
Leisure Services
0.5% (1)

More comparisons for ET

More comparisons for Mahindra Manulife ELSS Tax Sav

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