HDFC Nifty 50 Index Fund vs SBI ELSS Tax Saver Fund
HDFC vs SBI· Portfolio Overlap Analysis
45.5%High Overlap
23 common stocksRank #15217 / 20,000
Investor takeaway: At 45.5% 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 (23)
| Stock | Wt% in HDFC Nifty 50 Index | Wt% in SBI ELSS Tax Saver | Overlap |
|---|---|---|---|
ICICI Bank Ltd. Banks | 8.58% | 7.74% | 7.74% |
Reliance Industries Ltd. Petroleum Products | 8.20% | 4.89% | 4.89% |
HDFC Bank Ltd. Banks | 11.83% | 4.44% | 4.44% |
State Bank of India Banks | 4.34% | 4.61% | 4.34% |
Axis Bank Ltd. Banks | 3.45% | 4.29% | 3.45% |
Kotak Mahindra Bank Limited Banks | 2.66% | 4.23% | 2.66% |
Mahindra & Mahindra Ltd. Automobiles | 2.64% | 2.66% | 2.64% |
Infosys Limited IT - Software | 3.97% | 2.05% | 2.05% |
Bharti Airtel Ltd. Telecom - Services | 4.56% | 1.79% | 1.79% |
Tata Steel Ltd. Ferrous Metals | 1.53% | 4.09% | 1.53% |
Tata Consultancy Services Ltd. IT - Software | 2.35% | 1.52% | 1.52% |
Hindalco Industries Ltd. Non - Ferrous Metals | 1.17% | 1.42% | 1.17% |
Oil & Natural Gas Corporation Ltd. Oil | 0.95% | 1.48% | 0.95% |
Asian Paints Limited Consumer Durables | 0.94% | 1.18% | 0.94% |
Bajaj Finance Ltd. Finance | 2.30% | 0.78% | 0.78% |
Tech Mahindra Ltd. IT - Software | 0.75% | 1.60% | 0.75% |
Tata Motors Passenger Vehicles Limited Automobiles | 0.70% | 0.95% | 0.70% |
HDFC Life Insurance Company Limited Insurance | 0.67% | 1.15% | 0.67% |
Cipla Ltd. Pharmaceuticals & Biotechnology | 0.66% | 2.56% | 0.66% |
ITC LIMITED Diversified FMCG | 2.63% | 0.63% | 0.63% |
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology | 1.60% | 0.52% | 0.52% |
Wipro Ltd. IT - Software | 0.50% | 0.38% | 0.38% |
Bajaj Finserv Ltd. Finance | 0.99% | 0.32% | 0.32% |
Unique to HDFC Nifty 50 Index
- Larsen and Toubro Ltd.4.38%
Unique to SBI ELSS Tax Saver
- Torrent Power Ltd.2.73%
Sector Overlap Breakdown
Banks22.6% (5)
Petroleum Products4.9% (1)
IT - Software4.7% (4)
Automobiles3.3% (2)
Telecom - Services1.8% (1)
Ferrous Metals1.5% (1)
Pharmaceuticals & Biotechnology1.2% (2)
Non - Ferrous Metals1.2% (1)
Finance1.1% (2)
Oil0.9% (1)
Consumer Durables0.9% (1)
Insurance0.7% (1)
Diversified FMCG0.6% (1)
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More comparisons for SBI ELSS Tax Saver
- vs ADITYA BIRLA SUN LIFE LARGE CA46.4% · 27 stocks
- vs SBI Large Cap46.0% · 24 stocks
- vs Kotak Large Cap46.0% · 24 stocks
- vs Baroda BNP Paribas Nifty 50 In45.5% · 23 stocks
- vs HDFC NIFTY 50 ETF45.5% · 23 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.