Franklin India ELSS Tax Saver Fund vs IB01-Groww Large Cap Fund

Franklin vs Groww· Portfolio Overlap Analysis

51.5%High Overlap
16 common stocksRank #8681 / 20,000

Investor takeaway: At 51.5% 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 (16)

StockWt% in Franklin India ELSS Tax SaverWt% in IB01-Groww Large CapOverlap
HDFC Bank Ltd
Banks
9.04%7.80%7.80%
ICICI Bank Ltd
Banks
7.10%8.30%7.10%
Larsen & Toubro Ltd
Construction
5.90%6.74%5.90%
State Bank of India
Banks
5.31%4.64%4.64%
Bharti Airtel Ltd
Telecom - Services
3.50%4.13%3.50%
Reliance Industries Ltd
Petroleum Products
3.20%4.31%3.20%
Axis Bank Ltd
Banks
5.35%2.61%2.61%
Mahindra & Mahindra Ltd
Automobiles
2.75%2.60%2.60%
Kotak Mahindra Bank Ltd
Banks
3.23%2.47%2.47%
Bharat Electronics Ltd
Aerospace & Defense
2.94%2.35%2.35%
Eternal Ltd
Retailing
2.88%2.04%2.04%
Infosys Ltd
IT - Software
3.81%2.03%2.03%
Apollo Hospitals Enterprise Ltd
Healthcare Services
2.38%1.48%1.48%
Cholamandalam Investment and Finance Co Ltd
Finance
1.44%2.45%1.44%
Tata Steel Ltd
Ferrous Metals
1.57%1.27%1.27%
NTPC Ltd
Power
2.13%1.07%1.07%

Unique to Franklin India ELSS Tax Saver

  • HCL Technologies Ltd3.17%

Unique to IB01-Groww Large Cap

  • Cummins India Limited3.39%
  • Bajaj Finance Limited3.32%
  • Torrent Pharmaceuticals Limited2.61%

Sector Overlap Breakdown

Banks
24.6% (5)
Construction
5.9% (1)
Telecom - Services
3.5% (1)
Petroleum Products
3.2% (1)
Automobiles
2.6% (1)
Aerospace & Defense
2.4% (1)
Retailing
2.0% (1)
IT - Software
2.0% (1)
Healthcare Services
1.5% (1)
Finance
1.4% (1)
Ferrous Metals
1.3% (1)
Power
1.1% (1)

More comparisons for Franklin India ELSS Tax Saver

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