Mahindra Manulife ELSS Tax Saver Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME
Mahindra vs Nippon· Portfolio Overlap Analysis
48.4%High Overlap
24 common stocksRank #11829 / 20,000
Investor takeaway: At 48.4% 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 Mahindra Manulife ELSS Tax Sav | Wt% in NIPPON INDIA RETIREMENT FUND - | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.87% | 7.59% | 7.59% |
HDFC Bank Limited Banks | 7.46% | 7.08% | 7.08% |
Reliance Industries Limited Petroleum Products | 5.17% | 4.56% | 4.56% |
Axis Bank Limited Banks | 3.55% | 3.20% | 3.20% |
State Bank of India Banks | 3.12% | 3.99% | 3.12% |
Larsen & Toubro Limited Construction | 3.02% | 3.62% | 3.02% |
Infosys Limited IT - Software | 3.91% | 2.86% | 2.86% |
Bajaj Finance Ltd Finance | 3.59% | 2.86% | 2.86% |
Bharti Airtel Limited Telecom - Services | 1.81% | 2.69% | 1.81% |
UltraTech Cement Limited Cement & Cement Products | 2.22% | 1.62% | 1.62% |
Titan Company Limited Consumer Durables | 1.76% | 1.38% | 1.38% |
Tech Mahindra Limited IT - Software | 1.35% | 1.84% | 1.35% |
NTPC Limited Power | 1.22% | 2.93% | 1.22% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.99% | 1.15% | 0.99% |
Dixon Technologies (India) Limited Consumer Durables | 0.92% | 0.97% | 0.92% |
TVS Motor Company Limited Automobiles | 1.48% | 0.86% | 0.86% |
Page Industries Limited Textiles & Apparels | 0.86% | 0.82% | 0.82% |
Britannia Industries Limited Food Products | 1.38% | 0.77% | 0.77% |
Tata Power Company Limited Power | 1.30% | 0.72% | 0.72% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 1.12% | 0.53% | 0.53% |
Info Edge India Ltd Retailing | 1.15% | 0.52% | 0.52% |
Swiggy Limited Retailing | 0.85% | 0.50% | 0.50% |
Mahindra & Mahindra Limited Automobiles | 0.07% | 2.54% | 0.07% |
Kwality Walls (India) Limited Food Products | 0.03% | 0.02% | 0.02% |
Unique to Mahindra Manulife ELSS Tax Sav
- Tata Consultancy Services Limited3.00%
- Hindustan Unilever Limited2.75%
Unique to NIPPON INDIA RETIREMENT FUND -
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks21.0% (4)
Petroleum Products4.6% (1)
IT - Software4.2% (2)
Consumer Durables3.3% (3)
Construction3.0% (1)
Finance2.9% (1)
Power1.9% (2)
Telecom - Services1.8% (1)
Cement & Cement Products1.6% (1)
Retailing1.0% (2)
Automobiles0.9% (2)
Textiles & Apparels0.8% (1)
Food Products0.8% (2)
Pharmaceuticals & Biotechnology0.5% (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 RETIREMENT FUND -
- vs CANARA ROBECO LARGE CAP62.5% · 35 stocks
- vs ADITYA BIRLA SUN LIFE LARGE CA59.5% · 36 stocks
- vs CANARA ROBECO FLEXICAP58.5% · 36 stocks
- vs Kotak Large Cap57.6% · 25 stocks
- vs Nippon India Flexi Cap57.1% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.