Mahindra Manulife ELSS Tax Saver Fund vs Parag Parikh Large Cap Fund
Mahindra vs PPFAS· Portfolio Overlap Analysis
51.8%High Overlap
31 common stocksRank #8375 / 20,000
Investor takeaway: At 51.8% 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 (31)
| Stock | Wt% in Mahindra Manulife ELSS Tax Sav | Wt% in Parag Parikh Large Cap | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 7.46% | 9.77% | 7.46% |
ICICI Bank Limited Banks | 7.87% | 7.17% | 7.17% |
Reliance Industries Limited Petroleum Products | 5.17% | 6.82% | 5.17% |
Infosys Limited IT - Software | 3.91% | 3.30% | 3.30% |
State Bank of India Banks | 3.12% | 3.61% | 3.12% |
Larsen & Toubro Limited Construction | 3.02% | 3.64% | 3.02% |
Axis Bank Limited Banks | 3.55% | 2.91% | 2.91% |
Tata Consultancy Services Limited IT - Software | 3.00% | 1.95% | 1.95% |
Bajaj Finance Ltd Finance | 3.59% | 1.92% | 1.92% |
Bharti Airtel Limited Telecom - Services | 1.81% | 3.79% | 1.81% |
Hindustan Unilever Limited Diversified FMCG | 2.75% | 1.50% | 1.50% |
Maruti Suzuki India Limited Automobiles | 1.40% | 1.41% | 1.40% |
Titan Company Limited Consumer Durables | 1.76% | 1.29% | 1.29% |
NTPC Limited Power | 1.22% | 1.31% | 1.22% |
UltraTech Cement Limited Cement & Cement Products | 2.22% | 1.09% | 1.09% |
Tata Steel Limited Ferrous Metals | 0.83% | 1.27% | 0.83% |
Oil & Natural Gas Corporation Limited Oil | 1.49% | 0.79% | 0.79% |
Asian Paints Limited Consumer Durables | 0.94% | 0.78% | 0.78% |
TVS Motor Company Limited Automobiles | 1.48% | 0.66% | 0.66% |
Tech Mahindra Limited IT - Software | 1.35% | 0.62% | 0.62% |
Dr Reddys Laboratories Limited Pharmaceuticals & Biotechnology | 1.06% | 0.57% | 0.57% |
Britannia Industries Limited Food Products | 1.38% | 0.51% | 0.51% |
Tata Power Company Limited Power | 1.30% | 0.46% | 0.46% |
Avenue Supermarts Limited Retailing | 1.52% | 0.41% | 0.41% |
CG Power and Industrial Solutions Limited Electrical Equipment | 0.97% | 0.36% | 0.36% |
ICICI Lombard General Insurance Company Limited Insurance | 0.78% | 0.33% | 0.33% |
LTIMindtree Limited IT - Software | 0.99% | 0.30% | 0.30% |
Info Edge India Ltd Retailing | 1.15% | 0.29% | 0.29% |
Havells India Limited Consumer Durables | 0.75% | 0.26% | 0.26% |
ABB India Limited Electrical Equipment | 0.52% | 0.23% | 0.23% |
Mahindra & Mahindra Limited Automobiles | 0.07% | 2.20% | 0.07% |
Unique to Mahindra Manulife ELSS Tax Sav
All top holdings are shared with the other fund.
Unique to Parag Parikh Large Cap
- Kotak Mahindra Bank Limited2.25%
Sector Overlap Breakdown
Banks20.7% (4)
IT - Software6.2% (4)
Petroleum Products5.2% (1)
Construction3.0% (1)
Consumer Durables2.3% (3)
Automobiles2.1% (3)
Finance1.9% (1)
Telecom - Services1.8% (1)
Power1.7% (2)
Diversified FMCG1.5% (1)
Cement & Cement Products1.1% (1)
Ferrous Metals0.8% (1)
Oil0.8% (1)
Retailing0.7% (2)
Electrical Equipment0.6% (2)
Pharmaceuticals & Biotechnology0.6% (1)
Food Products0.5% (1)
Insurance0.3% (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 NIPPON INDIA LARGE CAP54.1% · 27 stocks
More comparisons for Parag Parikh Large Cap
- vs HDFC NIFTY 100 ETF99.8% · 100 stocks
- vs ICICI Prudential Nifty 100 ETF99.8% · 100 stocks
- vs Axis Nifty 100 Index99.7% · 100 stocks
- vs Nippon India ETF Nifty 10099.7% · 100 stocks
- vs HDFC NIFTY 100 Index99.7% · 100 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.