Mahindra Manulife ELSS Tax Saver Fund vs Mahindra Manulife Large Cap Fund

Mahindra vs Mahindra· Portfolio Overlap Analysis

62.9%High Overlap
29 common stocksRank #4478 / 5,000

Investor takeaway: These funds overlap 62.9%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (29)

StockWt% in Mahindra Manulife ELSS Tax SavWt% in Mahindra Manulife Large CapOverlap
ICICI Bank Limited
Banks
7.87%9.06%7.87%
HDFC Bank Limited
Banks
7.46%8.55%7.46%
Reliance Industries Limited
Petroleum Products
5.17%7.77%5.17%
Infosys Limited
IT - Software
3.91%4.41%3.91%
Axis Bank Limited
Banks
3.55%4.28%3.55%
State Bank of India
Banks
3.12%3.83%3.12%
Larsen & Toubro Limited
Construction
3.02%4.33%3.02%
Tata Consultancy Services Limited
IT - Software
3.00%3.29%3.00%
Hindustan Unilever Limited
Diversified FMCG
2.75%3.00%2.75%
Bharti Airtel Limited
Telecom - Services
1.81%3.90%1.81%
Titan Company Limited
Consumer Durables
1.76%1.89%1.76%
Avenue Supermarts Limited
Retailing
1.52%1.46%1.46%
Oil & Natural Gas Corporation Limited
Oil
1.49%1.46%1.46%
Tata Motors Ltd
Agricultural, Commercial & Construction Vehicles
1.47%1.45%1.45%
IndusInd Bank Limited
Banks
1.78%1.44%1.44%
TVS Motor Company Limited
Automobiles
1.48%1.39%1.39%
Britannia Industries Limited
Food Products
1.38%1.42%1.38%
Tech Mahindra Limited
IT - Software
1.35%1.55%1.35%
ICICI Prudential Life Insurance Company Limited
Insurance
1.34%1.48%1.34%
Indus Towers Limited
Telecom - Services
1.31%1.29%1.29%
NTPC Limited
Power
1.22%2.17%1.22%
Tata Capital Limited
Finance
1.29%1.05%1.05%
Jubilant Foodworks Limited
Leisure Services
0.91%0.88%0.88%
Info Edge India Ltd
Retailing
1.15%0.78%0.78%
ICICI Lombard General Insurance Company Limited
Insurance
0.78%0.87%0.78%
Havells India Limited
Consumer Durables
0.75%1.56%0.75%
Swiggy Limited
Retailing
0.85%0.74%0.74%
LG Electronics India Ltd
Consumer Durables
0.88%0.65%0.65%
Mahindra & Mahindra Limited
Automobiles
0.07%2.62%0.07%

Unique to Mahindra Manulife ELSS Tax Sav

  • Bajaj Finance Ltd3.59%

Unique to Mahindra Manulife Large Cap

  • Bajaj Finserv Limited4.73%

Sector Overlap Breakdown

Banks
23.4% (5)
IT - Software
8.3% (3)
Petroleum Products
5.2% (1)
Consumer Durables
3.2% (3)
Telecom - Services
3.1% (2)
Construction
3.0% (1)
Retailing
3.0% (3)
Diversified FMCG
2.8% (1)
Insurance
2.1% (2)
Oil
1.5% (1)
Automobiles
1.5% (2)
Agricultural, Commercial & Construction Vehicles
1.4% (1)
Food Products
1.4% (1)
Power
1.2% (1)
Finance
1.1% (1)
Leisure Services
0.9% (1)

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