IB11-Groww ELSS Tax Saver Fund vs Mahindra Manulife ELSS Tax Saver Fund
Groww vs Mahindra· Portfolio Overlap Analysis
46.3%High Overlap
24 common stocksRank #14218 / 20,000
Investor takeaway: At 46.3% 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 (24)
| Stock | Wt% in IB11-Groww ELSS Tax Saver | Wt% in Mahindra Manulife ELSS Tax Sav | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 8.05% | 7.46% | 7.46% |
ICICI Bank Limited Banks | 5.75% | 7.87% | 5.75% |
Reliance Industries Limited Petroleum Products | 5.46% | 5.17% | 5.17% |
State Bank of India Banks | 3.53% | 3.12% | 3.12% |
Larsen & Toubro Limited Construction | 3.35% | 3.02% | 3.02% |
Axis Bank Limited Banks | 2.60% | 3.55% | 2.60% |
Infosys Limited IT - Software | 2.49% | 3.91% | 2.49% |
Bharti Airtel Limited Telecom - Services | 3.23% | 1.81% | 1.81% |
Bajaj Finance Limited Finance | 1.67% | 3.59% | 1.67% |
Maruti Suzuki India Limited Automobiles | 1.77% | 1.40% | 1.40% |
TVS Motor Company Limited Automobiles | 1.36% | 1.48% | 1.36% |
Hindustan Unilever Limited Diversified FMCG | 1.29% | 2.75% | 1.29% |
Titan Company Limited Consumer Durables | 1.27% | 1.76% | 1.27% |
Tata Consultancy Services Limited IT - Software | 1.08% | 3.00% | 1.08% |
UltraTech Cement Limited Cement & Cement Products | 1.00% | 2.22% | 1.00% |
Godrej Properties Limited Realty | 0.96% | 0.89% | 0.89% |
Info Edge (India) Limited Retailing | 0.86% | 1.15% | 0.86% |
SWIGGY LIMITED Retailing | 1.02% | 0.85% | 0.85% |
Tata Steel Limited Ferrous Metals | 1.56% | 0.83% | 0.83% |
ICICI Lombard General Insurance Company Insurance | 1.03% | 0.78% | 0.78% |
Navin Fluorine International Limited Chemicals & Petrochemicals | 0.78% | 0.80% | 0.78% |
NTPC Limited Power | 0.70% | 1.22% | 0.70% |
Mahindra & Mahindra Limited Automobiles | 2.35% | 0.07% | 0.07% |
Kwality Wall’s (India) Limited Food Products | 0.02% | 0.03% | 0.02% |
Unique to IB11-Groww ELSS Tax Saver
- Kotak Mahindra Bank Limited2.23%
Unique to Mahindra Manulife ELSS Tax Sav
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks18.9% (4)
Petroleum Products5.2% (1)
IT - Software3.6% (2)
Construction3.0% (1)
Automobiles2.8% (3)
Telecom - Services1.8% (1)
Retailing1.7% (2)
Finance1.7% (1)
Diversified FMCG1.3% (1)
Consumer Durables1.3% (1)
Cement & Cement Products1.0% (1)
Realty0.9% (1)
Ferrous Metals0.8% (1)
Insurance0.8% (1)
Chemicals & Petrochemicals0.8% (1)
Power0.7% (1)
Food Products0.0% (1)
More comparisons for IB11-Groww ELSS Tax Saver
- vs SBI BSE 100 ETF64.0% · 42 stocks
- vs IB33-GROWW NIFTY 200 ETF61.9% · 54 stocks
- vs Parag Parikh Large Cap61.9% · 35 stocks
- vs Axis Nifty 100 Index61.8% · 35 stocks
- vs HDFC NIFTY 100 ETF61.8% · 35 stocks
More comparisons for Mahindra Manulife ELSS Tax Sav
- vs Mahindra Manulife Flexi Cap90.2% · 60 stocks
- vs Mahindra Manulife Large Cap62.9% · 29 stocks
- vs Mahindra Manulife Aggressive H59.9% · 50 stocks
- vs CANARA ROBECO LARGE CAP54.8% · 28 stocks
- vs NIPPON INDIA LARGE CAP54.1% · 27 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.