Mahindra Manulife ELSS Tax Saver Fund vs Nippon India Flexi Cap Fund
Mahindra vs Nippon· Portfolio Overlap Analysis
46.5%High Overlap
27 common stocksRank #13888 / 20,000
Investor takeaway: At 46.5% 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 (27)
| Stock | Wt% in Mahindra Manulife ELSS Tax Sav | Wt% in Nippon India Flexi Cap | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 7.46% | 6.34% | 6.34% |
ICICI Bank Limited Banks | 7.87% | 5.29% | 5.29% |
Reliance Industries Limited Petroleum Products | 5.17% | 3.68% | 3.68% |
Axis Bank Limited Banks | 3.55% | 4.37% | 3.55% |
Infosys Limited IT - Software | 3.91% | 3.06% | 3.06% |
Larsen & Toubro Limited Construction | 3.02% | 2.97% | 2.97% |
Bajaj Finance Ltd Finance | 3.59% | 2.75% | 2.75% |
State Bank of India Banks | 3.12% | 2.08% | 2.08% |
Bharti Airtel Limited Telecom - Services | 1.81% | 2.02% | 1.81% |
Maruti Suzuki India Limited Automobiles | 1.40% | 2.26% | 1.40% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 1.47% | 1.27% | 1.27% |
NTPC Limited Power | 1.22% | 1.87% | 1.22% |
UltraTech Cement Limited Cement & Cement Products | 2.22% | 1.16% | 1.16% |
Avenue Supermarts Limited Retailing | 1.52% | 1.15% | 1.15% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 1.12% | 1.66% | 1.12% |
Tech Mahindra Limited IT - Software | 1.35% | 1.00% | 1.00% |
Swiggy Limited Retailing | 0.85% | 1.38% | 0.85% |
Devyani International Limited Leisure Services | 0.85% | 0.82% | 0.82% |
LTIMindtree Limited IT - Software | 0.99% | 0.79% | 0.79% |
Dr Reddys Laboratories Limited Pharmaceuticals & Biotechnology | 1.06% | 0.76% | 0.76% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.99% | 0.75% | 0.75% |
Voltas Limited Consumer Durables | 1.15% | 0.73% | 0.73% |
IndusInd Bank Limited Banks | 1.78% | 0.62% | 0.62% |
Dixon Technologies (India) Limited Consumer Durables | 0.92% | 0.56% | 0.56% |
Info Edge India Ltd Retailing | 1.15% | 0.53% | 0.53% |
LG Electronics India Ltd Consumer Durables | 0.88% | 0.21% | 0.21% |
Mahindra & Mahindra Limited Automobiles | 0.07% | 2.56% | 0.07% |
Unique to Mahindra Manulife ELSS Tax Sav
- Tata Consultancy Services Limited3.00%
- Hindustan Unilever Limited2.75%
Unique to Nippon India Flexi Cap
- Vedanta Limited2.23%
Sector Overlap Breakdown
Banks17.9% (5)
IT - Software4.8% (3)
Petroleum Products3.7% (1)
Construction3.0% (1)
Finance2.8% (1)
Retailing2.5% (3)
Consumer Durables2.3% (4)
Pharmaceuticals & Biotechnology1.9% (2)
Telecom - Services1.8% (1)
Automobiles1.5% (2)
Agricultural, Commercial & Construction Vehicles1.3% (1)
Power1.2% (1)
Cement & Cement Products1.2% (1)
Leisure Services0.8% (1)
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
More comparisons for Nippon India Flexi Cap
- vs NIPPON INDIA LARGE CAP59.8% · 39 stocks
- vs NIPPON INDIA RETIREMENT FUND -57.1% · 37 stocks
- vs CANARA ROBECO FLEXICAP54.0% · 35 stocks
- vs CANARA ROBECO LARGE CAP53.5% · 31 stocks
- vs Mirae Asset Large Cap53.4% · 38 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.