Franklin India Balanced Advantage Fund vs Parag Parikh Large Cap Fund

Franklin vs PPFAS· Portfolio Overlap Analysis

45.6%High Overlap
29 common stocksRank #15131 / 20,000

Investor takeaway: At 45.6% 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 (29)

StockWt% in Franklin India Balanced AdvantWt% in Parag Parikh Large CapOverlap
HDFC Bank Ltd
Banks
6.52%9.77%6.52%
ICICI Bank Ltd
Banks
4.70%7.17%4.70%
Bharti Airtel Ltd
Telecom - Services
4.10%3.79%3.79%
Reliance Industries Ltd
Petroleum Products
3.54%6.82%3.54%
Larsen & Toubro Ltd
Construction
3.49%3.64%3.49%
State Bank of India
Banks
3.34%3.61%3.34%
Axis Bank Ltd
Banks
2.90%2.91%2.90%
Infosys Ltd
IT - Software
1.78%3.30%1.78%
Mahindra & Mahindra Ltd
Automobiles
1.35%2.20%1.35%
NTPC Ltd
Power
1.92%1.31%1.31%
Eternal Ltd
Retailing
1.40%1.28%1.28%
Tata Steel Ltd
Ferrous Metals
2.01%1.27%1.27%
Sun Pharmaceutical Industries Ltd
Pharmaceuticals & Biotechnology
1.18%1.33%1.18%
Bharat Electronics Ltd
Aerospace & Defense
1.21%1.15%1.15%
Ultratech Cement Ltd
Cement & Cement Products
2.04%1.09%1.09%
HCL Technologies Ltd
IT - Software
1.60%1.06%1.06%
Interglobe Aviation Ltd
Transport Services
0.78%0.79%0.78%
Apollo Hospitals Enterprise Ltd
Healthcare Services
1.78%0.58%0.58%
Maruti Suzuki India Ltd
Automobiles
0.58%1.41%0.58%
Hindustan Unilever Ltd
Diversified FMCG
0.57%1.50%0.57%
HDFC Life Insurance Co Ltd
Insurance
0.75%0.56%0.56%
Hindustan Aeronautics Ltd
Aerospace & Defense
0.68%0.54%0.54%
Cholamandalam Investment and Finance Co Ltd
Finance
1.03%0.53%0.53%
Britannia Industries Ltd
Food Products
1.15%0.51%0.51%
GAIL (India) Ltd
Gas
1.03%0.33%0.33%
ICICI Lombard General Insurance Co Ltd
Insurance
0.73%0.33%0.33%
United Spirits Ltd
Beverages
0.39%0.30%0.30%
ABB India Ltd
Electrical Equipment
0.32%0.23%0.23%
Oil & Natural Gas Corporation Ltd
Oil
0.01%0.79%0.01%

Unique to Franklin India Balanced Advant

All top holdings are shared with the other fund.

Unique to Parag Parikh Large Cap

  • Kotak Mahindra Bank Limited2.25%

Sector Overlap Breakdown

Banks
17.5% (4)
Telecom - Services
3.8% (1)
Petroleum Products
3.5% (1)
Construction
3.5% (1)
IT - Software
2.8% (2)
Automobiles
1.9% (2)
Aerospace & Defense
1.7% (2)
Power
1.3% (1)
Retailing
1.3% (1)
Ferrous Metals
1.3% (1)
Pharmaceuticals & Biotechnology
1.2% (1)
Cement & Cement Products
1.1% (1)
Insurance
0.9% (2)
Transport Services
0.8% (1)
Healthcare Services
0.6% (1)
Diversified FMCG
0.6% (1)
Finance
0.5% (1)
Food Products
0.5% (1)
Gas
0.3% (1)
Beverages
0.3% (1)
Electrical Equipment
0.2% (1)
Oil
0.0% (1)

More comparisons for Franklin India Balanced Advant

More comparisons for Parag Parikh Large Cap

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