Franklin India ELSS Tax Saver Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME
Franklin vs Nippon· Portfolio Overlap Analysis
47.1%High Overlap
19 common stocksRank #13198 / 20,000
Investor takeaway: At 47.1% 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 (19)
| Stock | Wt% in Franklin India ELSS Tax Saver | Wt% in NIPPON INDIA RETIREMENT FUND - | Overlap |
|---|---|---|---|
ICICI Bank Ltd Banks | 7.10% | 7.59% | 7.10% |
HDFC Bank Ltd Banks | 9.04% | 7.08% | 7.08% |
State Bank of India Banks | 5.31% | 3.99% | 3.99% |
Larsen & Toubro Ltd Construction | 5.90% | 3.62% | 3.62% |
Axis Bank Ltd Banks | 5.35% | 3.20% | 3.20% |
Reliance Industries Ltd Petroleum Products | 3.20% | 4.56% | 3.20% |
Infosys Ltd IT - Software | 3.81% | 2.86% | 2.86% |
Bharti Airtel Ltd Telecom - Services | 3.50% | 2.69% | 2.69% |
Mahindra & Mahindra Ltd Automobiles | 2.75% | 2.54% | 2.54% |
NTPC Ltd Power | 2.13% | 2.93% | 2.13% |
Interglobe Aviation Ltd Transport Services | 1.39% | 1.54% | 1.39% |
Eternal Ltd Retailing | 2.88% | 1.34% | 1.34% |
United Spirits Ltd Beverages | 1.96% | 1.21% | 1.21% |
Cholamandalam Investment and Finance Co Ltd Finance | 1.44% | 0.96% | 0.96% |
Apollo Hospitals Enterprise Ltd Healthcare Services | 2.38% | 0.87% | 0.87% |
Britannia Industries Ltd Food Products | 1.57% | 0.77% | 0.77% |
PB Fintech Ltd Financial Technology (Fintech) | 1.49% | 0.76% | 0.76% |
Tata Power Co Ltd Power | 1.71% | 0.72% | 0.72% |
Dixon Technologies (India) Ltd Consumer Durables | 0.66% | 0.97% | 0.66% |
Unique to Franklin India ELSS Tax Saver
- Kotak Mahindra Bank Ltd3.23%
- HCL Technologies Ltd3.17%
Unique to NIPPON INDIA RETIREMENT FUND -
- Bajaj Finance Limited2.86%
Sector Overlap Breakdown
Banks21.4% (4)
Construction3.6% (1)
Petroleum Products3.2% (1)
IT - Software2.9% (1)
Power2.9% (2)
Telecom - Services2.7% (1)
Automobiles2.5% (1)
Transport Services1.4% (1)
Retailing1.3% (1)
Beverages1.2% (1)
Finance1.0% (1)
Healthcare Services0.9% (1)
Food Products0.8% (1)
Financial Technology (Fintech)0.8% (1)
Consumer Durables0.7% (1)
More comparisons for Franklin India ELSS Tax Saver
- vs Franklin India Flexi Cap Fund 82.6% · 42 stocks
- vs CANARA ROBECO LARGE CAP56.9% · 22 stocks
- vs HDFC BSE Sensex Index56.7% · 16 stocks
- vs HDFC BSE SENSEX ETF56.7% · 16 stocks
- vs ICICI Prudential BSE Sensex ET56.7% · 16 stocks
More comparisons for NIPPON INDIA RETIREMENT FUND -
- vs CANARA ROBECO LARGE CAP62.5% · 35 stocks
- vs ADITYA BIRLA SUN LIFE LARGE CA59.5% · 36 stocks
- vs CANARA ROBECO FLEXICAP58.5% · 36 stocks
- vs Kotak Large Cap57.6% · 25 stocks
- vs Nippon India Flexi Cap57.1% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.