Mahindra Manulife ELSS Tax Saver Fund vs NIPPON INDIA LARGE CAP FUND
Mahindra vs Nippon· Portfolio Overlap Analysis
54.1%High Overlap
27 common stocksRank #7216 / 20,000
Investor takeaway: At 54.1% 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 LARGE CAP | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 7.46% | 8.82% | 7.46% |
ICICI Bank Limited Banks | 7.87% | 7.02% | 7.02% |
Reliance Industries Limited Petroleum Products | 5.17% | 5.30% | 5.17% |
Axis Bank Limited Banks | 3.55% | 4.20% | 3.55% |
State Bank of India Banks | 3.12% | 3.99% | 3.12% |
Larsen & Toubro Limited Construction | 3.02% | 4.24% | 3.02% |
Infosys Limited IT - Software | 3.91% | 2.94% | 2.94% |
Bajaj Finance Ltd Finance | 3.59% | 2.80% | 2.80% |
Tata Consultancy Services Limited IT - Software | 3.00% | 2.41% | 2.41% |
Hindustan Unilever Limited Diversified FMCG | 2.75% | 2.29% | 2.29% |
Avenue Supermarts Limited Retailing | 1.52% | 1.90% | 1.52% |
UltraTech Cement Limited Cement & Cement Products | 2.22% | 1.42% | 1.42% |
Maruti Suzuki India Limited Automobiles | 1.40% | 2.31% | 1.40% |
Tata Power Company Limited Power | 1.30% | 1.65% | 1.30% |
NTPC Limited Power | 1.22% | 2.48% | 1.22% |
Dr Reddys Laboratories Limited Pharmaceuticals & Biotechnology | 1.06% | 1.34% | 1.06% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 1.47% | 0.99% | 0.99% |
Tata Steel Limited Ferrous Metals | 0.83% | 1.28% | 0.83% |
Swiggy Limited Retailing | 0.85% | 0.74% | 0.74% |
ICICI Lombard General Insurance Company Limited Insurance | 0.78% | 0.74% | 0.74% |
Tech Mahindra Limited IT - Software | 1.35% | 0.66% | 0.66% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 1.12% | 0.64% | 0.64% |
ABB India Limited Electrical Equipment | 0.52% | 1.17% | 0.52% |
Havells India Limited Consumer Durables | 0.75% | 0.48% | 0.48% |
Dixon Technologies (India) Limited Consumer Durables | 0.92% | 0.36% | 0.36% |
Devyani International Limited Leisure Services | 0.85% | 0.34% | 0.34% |
Mahindra & Mahindra Limited Automobiles | 0.07% | 2.44% | 0.07% |
Unique to Mahindra Manulife ELSS Tax Sav
All top holdings are shared with the other fund.
Unique to NIPPON INDIA LARGE CAP
- GE Vernova T&D India Limited2.82%
- ITC Limited2.61%
Sector Overlap Breakdown
Banks21.1% (4)
IT - Software6.0% (3)
Petroleum Products5.2% (1)
Construction3.0% (1)
Finance2.8% (1)
Power2.5% (2)
Diversified FMCG2.3% (1)
Retailing2.3% (2)
Pharmaceuticals & Biotechnology1.7% (2)
Automobiles1.5% (2)
Cement & Cement Products1.4% (1)
Agricultural, Commercial & Construction Vehicles1.0% (1)
Consumer Durables0.8% (2)
Ferrous Metals0.8% (1)
Insurance0.7% (1)
Electrical Equipment0.5% (1)
Leisure Services0.3% (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 PGIM INDIA LARGE CAP53.2% · 25 stocks
More comparisons for NIPPON INDIA LARGE CAP
- vs CANARA ROBECO LARGE CAP66.2% · 35 stocks
- vs Parag Parikh Large Cap65.6% · 46 stocks
- vs Axis Nifty 100 Index65.6% · 46 stocks
- vs HDFC NIFTY 100 ETF65.6% · 46 stocks
- vs ICICI Prudential Nifty 100 ETF65.6% · 46 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.