Franklin India ELSS Tax Saver Fund vs Shriram ELSS Tax Saver Fund

Franklin vs Shriram· Portfolio Overlap Analysis

47.7%High Overlap
20 common stocksRank #12534 / 20,000

Investor takeaway: At 47.7% 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 (20)

StockWt% in Franklin India ELSS Tax SaverWt% in Shriram ELSS Tax SaverOverlap
HDFC Bank Ltd
Banks
9.04%7.23%7.23%
ICICI Bank Ltd
Banks
7.10%4.93%4.93%
State Bank of India
Banks
5.31%4.73%4.73%
Bharti Airtel Ltd
Telecom - Services
3.50%3.81%3.50%
Reliance Industries Ltd
Petroleum Products
3.20%3.16%3.16%
Axis Bank Ltd
Banks
5.35%3.11%3.11%
Infosys Ltd
IT - Software
3.81%2.79%2.79%
Mahindra & Mahindra Ltd
Automobiles
2.75%2.94%2.75%
Larsen & Toubro Ltd
Construction
5.90%2.62%2.62%
NTPC Ltd
Power
2.13%2.57%2.13%
Bharat Electronics Ltd
Aerospace & Defense
2.94%1.91%1.91%
Tata Steel Ltd
Ferrous Metals
1.57%1.39%1.39%
Interglobe Aviation Ltd
Transport Services
1.39%2.20%1.39%
Kirloskar Oil Engines Ltd
Industrial Products
2.20%1.23%1.23%
Marico Ltd
Agricultural Food & Other Products
2.13%1.06%1.06%
Eternal Ltd
Retailing
2.88%0.96%0.96%
HCL Technologies Ltd
IT - Software
3.17%0.91%0.91%
Eris Lifesciences Ltd
Pharmaceuticals & Biotechnology
0.94%0.74%0.74%
Lemon Tree Hotels Ltd
Leisure Services
0.59%0.71%0.59%
Apollo Hospitals Enterprise Ltd
Healthcare Services
2.38%0.55%0.55%

Unique to Franklin India ELSS Tax Saver

  • Kotak Mahindra Bank Ltd3.23%

Unique to Shriram ELSS Tax Saver

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
20.0% (4)
IT - Software
3.7% (2)
Telecom - Services
3.5% (1)
Petroleum Products
3.2% (1)
Automobiles
2.8% (1)
Construction
2.6% (1)
Power
2.1% (1)
Aerospace & Defense
1.9% (1)
Ferrous Metals
1.4% (1)
Transport Services
1.4% (1)
Industrial Products
1.2% (1)
Agricultural Food & Other Products
1.1% (1)
Retailing
1.0% (1)
Pharmaceuticals & Biotechnology
0.7% (1)
Leisure Services
0.6% (1)
Healthcare Services
0.6% (1)

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