IB11-Groww ELSS Tax Saver Fund vs Mahindra Manulife Flexi Cap Fund
Groww vs Mahindra· Portfolio Overlap Analysis
46.9%High Overlap
24 common stocksRank #13418 / 20,000
Investor takeaway: At 46.9% 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 Flexi Cap | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 8.05% | 7.38% | 7.38% |
ICICI Bank Limited Banks | 5.75% | 7.99% | 5.75% |
Reliance Industries Limited Petroleum Products | 5.46% | 4.97% | 4.97% |
State Bank of India Banks | 3.53% | 3.01% | 3.01% |
Larsen & Toubro Limited Construction | 3.35% | 2.86% | 2.86% |
Axis Bank Limited Banks | 2.60% | 3.62% | 2.60% |
Infosys Limited IT - Software | 2.49% | 3.73% | 2.49% |
Bharti Airtel Limited Telecom - Services | 3.23% | 1.73% | 1.73% |
Bajaj Finance Limited Finance | 1.67% | 3.55% | 1.67% |
Maruti Suzuki India Limited Automobiles | 1.77% | 1.36% | 1.36% |
TVS Motor Company Limited Automobiles | 1.36% | 1.44% | 1.36% |
Hindustan Unilever Limited Diversified FMCG | 1.29% | 2.59% | 1.29% |
Titan Company Limited Consumer Durables | 1.27% | 1.72% | 1.27% |
Tata Consultancy Services Limited IT - Software | 1.08% | 2.87% | 1.08% |
Tata Steel Limited Ferrous Metals | 1.56% | 1.04% | 1.04% |
UltraTech Cement Limited Cement & Cement Products | 1.00% | 2.00% | 1.00% |
SWIGGY LIMITED Retailing | 1.02% | 0.87% | 0.87% |
Info Edge (India) Limited Retailing | 0.86% | 1.11% | 0.86% |
Godrej Properties Limited Realty | 0.96% | 0.85% | 0.85% |
Mahindra & Mahindra Limited Automobiles | 2.35% | 0.83% | 0.83% |
ICICI Lombard General Insurance Company Insurance | 1.03% | 0.78% | 0.78% |
Navin Fluorine International Limited Chemicals & Petrochemicals | 0.78% | 0.76% | 0.76% |
NTPC Limited Power | 0.70% | 1.20% | 0.70% |
Hindalco Industries Limited Non - Ferrous Metals | 1.66% | 0.36% | 0.36% |
Unique to IB11-Groww ELSS Tax Saver
- Kotak Mahindra Bank Limited2.23%
Unique to Mahindra Manulife Flexi Cap
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks18.7% (4)
Petroleum Products5.0% (1)
IT - Software3.6% (2)
Automobiles3.5% (3)
Construction2.9% (1)
Telecom - Services1.7% (1)
Retailing1.7% (2)
Finance1.7% (1)
Diversified FMCG1.3% (1)
Consumer Durables1.3% (1)
Ferrous Metals1.0% (1)
Cement & Cement Products1.0% (1)
Realty0.8% (1)
Insurance0.8% (1)
Chemicals & Petrochemicals0.8% (1)
Power0.7% (1)
Non - Ferrous Metals0.4% (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 Flexi Cap
- vs Mahindra Manulife ELSS Tax Sav90.2% · 60 stocks
- vs Mahindra Manulife Large Cap64.6% · 31 stocks
- vs Mahindra Manulife Aggressive H61.0% · 51 stocks
- vs NIPPON INDIA LARGE CAP55.0% · 28 stocks
- vs CANARA ROBECO LARGE CAP54.9% · 28 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.