NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME vs PGIM INDIA ELSS TAX SAVER FUND
Nippon vs PGIM· Portfolio Overlap Analysis
46.4%High Overlap
24 common stocksRank #14069 / 20,000
Investor takeaway: At 46.4% 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 NIPPON INDIA RETIREMENT FUND - | Wt% in PGIM INDIA ELSS TAX SAVER | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 7.08% | 8.22% | 7.08% |
ICICI Bank Limited Banks | 7.59% | 6.82% | 6.82% |
Reliance Industries Limited Petroleum Products | 4.56% | 4.91% | 4.56% |
Larsen & Toubro Limited Construction | 3.62% | 3.40% | 3.40% |
Bajaj Finance Limited Finance | 2.86% | 2.87% | 2.86% |
Bharti Airtel Limited Telecom - Services | 2.69% | 3.84% | 2.69% |
State Bank of India Banks | 3.99% | 2.38% | 2.38% |
Infosys Limited IT - Software | 2.86% | 1.69% | 1.69% |
UltraTech Cement Limited Cement & Cement Products | 1.62% | 2.48% | 1.62% |
Titan Company Limited Consumer Durables | 1.38% | 1.51% | 1.38% |
Eternal Limited Retailing | 1.34% | 1.79% | 1.34% |
SBI Life Insurance Company Limited Insurance | 1.95% | 1.21% | 1.21% |
Blue Star Limited Consumer Durables | 1.24% | 1.16% | 1.16% |
Varun Beverages Limited Beverages | 1.15% | 1.94% | 1.15% |
Mahindra & Mahindra Limited Automobiles | 2.54% | 0.98% | 0.98% |
Dixon Technologies (India) Limited Consumer Durables | 0.97% | 1.74% | 0.97% |
Cholamandalam Investment and Finance Company Ltd Finance | 0.96% | 1.64% | 0.96% |
TVS Motor Company Limited Automobiles | 0.86% | 1.12% | 0.86% |
United Spirits Limited Beverages | 1.21% | 0.63% | 0.63% |
SRF Limited Chemicals & Petrochemicals | 0.61% | 1.19% | 0.61% |
Power Finance Corporation Limited Finance | 1.32% | 0.54% | 0.54% |
Bharat Petroleum Corporation Limited Petroleum Products | 1.23% | 0.53% | 0.53% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 0.53% | 2.09% | 0.53% |
Abbott India Limited Pharmaceuticals & Biotechnology | 0.68% | 0.42% | 0.42% |
Unique to NIPPON INDIA RETIREMENT FUND -
- Axis Bank Limited3.20%
- NTPC Limited2.93%
Unique to PGIM INDIA ELSS TAX SAVER
- ICICI Lombard General Insurance Co. Ltd.2.59%
- Kotak Mahindra Bank Ltd.2.40%
Sector Overlap Breakdown
Banks16.3% (3)
Petroleum Products5.1% (2)
Finance4.4% (3)
Consumer Durables3.5% (3)
Construction3.4% (1)
Telecom - Services2.7% (1)
Automobiles1.8% (2)
Beverages1.8% (2)
IT - Software1.7% (1)
Cement & Cement Products1.6% (1)
Retailing1.3% (1)
Insurance1.2% (1)
Pharmaceuticals & Biotechnology0.9% (2)
Chemicals & Petrochemicals0.6% (1)
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
More comparisons for PGIM INDIA ELSS TAX SAVER
- vs PGIM INDIA FLEXI CAP64.7% · 47 stocks
- vs PGIM INDIA LARGE CAP62.0% · 32 stocks
- vs PGIM INDIA MULTI CAP60.5% · 56 stocks
- vs PGIM INDIA RETIREMENT59.6% · 52 stocks
- vs CANARA ROBECO LARGE CAP58.0% · 30 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.