Franklin India ELSS Tax Saver Fund vs Parag Parikh Large Cap Fund

Franklin vs PPFAS· Portfolio Overlap Analysis

51.8%High Overlap
25 common stocksRank #8373 / 20,000

Investor takeaway: At 51.8% 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 Franklin India ELSS Tax SaverWt% in Parag Parikh Large CapOverlap
HDFC Bank Ltd
Banks
9.04%9.77%9.04%
ICICI Bank Ltd
Banks
7.10%7.17%7.10%
Larsen & Toubro Ltd
Construction
5.90%3.64%3.64%
State Bank of India
Banks
5.31%3.61%3.61%
Bharti Airtel Ltd
Telecom - Services
3.50%3.79%3.50%
Infosys Ltd
IT - Software
3.81%3.30%3.30%
Reliance Industries Ltd
Petroleum Products
3.20%6.82%3.20%
Axis Bank Ltd
Banks
5.35%2.91%2.91%
Kotak Mahindra Bank Ltd
Banks
3.23%2.25%2.25%
Mahindra & Mahindra Ltd
Automobiles
2.75%2.20%2.20%
NTPC Ltd
Power
2.13%1.31%1.31%
Eternal Ltd
Retailing
2.88%1.28%1.28%
Tata Steel Ltd
Ferrous Metals
1.57%1.27%1.27%
Bharat Electronics Ltd
Aerospace & Defense
2.94%1.15%1.15%
HCL Technologies Ltd
IT - Software
3.17%1.06%1.06%
Interglobe Aviation Ltd
Transport Services
1.39%0.79%0.79%
Grasim Industries Ltd
Cement & Cement Products
2.99%0.78%0.78%
Apollo Hospitals Enterprise Ltd
Healthcare Services
2.38%0.58%0.58%
Cipla Ltd
Pharmaceuticals & Biotechnology
0.89%0.55%0.55%
Cholamandalam Investment and Finance Co Ltd
Finance
1.44%0.53%0.53%
Britannia Industries Ltd
Food Products
1.57%0.51%0.51%
Tata Power Co Ltd
Power
1.71%0.46%0.46%
United Spirits Ltd
Beverages
1.96%0.30%0.30%
Shree Cement Ltd
Cement & Cement Products
1.48%0.25%0.25%
Hyundai Motor India Ltd
Automobiles
0.56%0.23%0.23%

Unique to Franklin India ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to Parag Parikh Large Cap

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
24.9% (5)
IT - Software
4.4% (2)
Construction
3.6% (1)
Telecom - Services
3.5% (1)
Petroleum Products
3.2% (1)
Automobiles
2.4% (2)
Power
1.8% (2)
Retailing
1.3% (1)
Ferrous Metals
1.3% (1)
Aerospace & Defense
1.1% (1)
Cement & Cement Products
1.0% (2)
Transport Services
0.8% (1)
Healthcare Services
0.6% (1)
Pharmaceuticals & Biotechnology
0.6% (1)
Finance
0.5% (1)
Food Products
0.5% (1)
Beverages
0.3% (1)

More comparisons for Franklin India ELSS Tax Saver

More comparisons for Parag Parikh Large Cap

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