Axis ELSS Tax Saver Fund vs CANARA ROBECO FLEXICAP FUND
Axis vs Canara Robeco· Portfolio Overlap Analysis
60.7%High Overlap
43 common stocksRank #4964 / 5,000
Investor takeaway: These funds overlap 60.7%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (43)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in CANARA ROBECO FLEXICAP | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 6.59% | 6.59% |
HDFC Bank Limited Banks | 6.54% | 7.60% | 6.54% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.31% | 3.31% |
State Bank of India Banks | 2.99% | 3.50% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 3.35% | 2.97% |
Infosys Limited IT - Software | 3.38% | 2.93% | 2.93% |
Reliance Industries Limited Petroleum Products | 2.82% | 3.85% | 2.82% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 2.67% | 2.61% |
Bajaj Finance Limited Finance | 3.34% | 2.57% | 2.57% |
Eternal Limited Retailing | 2.15% | 1.87% | 1.87% |
Axis Bank Limited Banks | 1.65% | 2.29% | 1.65% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 1.48% | 1.48% |
Titan Company Limited Consumer Durables | 1.34% | 1.48% | 1.34% |
The Indian Hotels Company Limited Leisure Services | 1.41% | 1.29% | 1.29% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 1.60% | 1.23% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 1.21% | 1.21% |
TVS Motor Company Limited Automobiles | 1.17% | 1.92% | 1.17% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 1.16% | 1.16% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.24% | 1.16% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 1.14% | 1.14% |
PI Industries Limited Fertilizers & Agrochemicals | 1.62% | 1.05% | 1.05% |
Cummins India Limited Industrial Products | 1.00% | 1.02% | 1.00% |
Vishal Mega Mart Limited Retailing | 0.98% | 1.25% | 0.98% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 0.94% | 0.95% | 0.94% |
Tata Consultancy Services Limited IT - Software | 1.67% | 0.85% | 0.85% |
GE Vernova T&D India Limited Electrical Equipment | 0.83% | 1.79% | 0.83% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 1.37% | 0.81% |
Varun Beverages Limited Beverages | 0.73% | 1.45% | 0.73% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 1.03% | 0.72% |
Hindustan Unilever Limited Diversified FMCG | 1.02% | 0.59% | 0.59% |
Solar Industries India Limited Chemicals & Petrochemicals | 0.59% | 0.77% | 0.59% |
JB Chemicals & Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.67% | 0.55% | 0.55% |
Trent Limited Retailing | 0.49% | 0.90% | 0.49% |
UNO Minda Limited Auto Components | 0.43% | 1.46% | 0.43% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 0.93% | 0.37% |
Kotak Mahindra Bank Limited Banks | 1.92% | 0.31% | 0.31% |
Godrej Consumer Products Limited Personal Products | 0.27% | 0.76% | 0.27% |
Tech Mahindra Limited IT - Software | 0.27% | 1.21% | 0.27% |
Dixon Technologies (India) Limited Consumer Durables | 0.26% | 0.55% | 0.26% |
ITC Limited Diversified FMCG | 0.24% | 0.98% | 0.24% |
Info Edge (India) Limited Retailing | 0.23% | 0.60% | 0.23% |
Persistent Systems Limited IT - Software | 0.36% | 0.16% | 0.16% |
Crompton Greaves Consumer Electricals Limited Consumer Durables | 0.01% | 0.54% | 0.01% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to CANARA ROBECO FLEXICAP
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks18.1% (5)
IT - Software4.2% (4)
Pharmaceuticals & Biotechnology4.2% (4)
Automobiles3.8% (2)
Finance3.7% (2)
Retailing3.6% (4)
Telecom - Services3.3% (1)
Construction3.0% (1)
Petroleum Products2.8% (1)
Electrical Equipment2.0% (2)
Consumer Durables1.6% (3)
Leisure Services1.3% (1)
Cement & Cement Products1.2% (1)
Transport Services1.2% (1)
Fertilizers & Agrochemicals1.1% (1)
Industrial Products1.0% (1)
Diversified FMCG0.8% (2)
Healthcare Services0.8% (1)
Auto Components0.8% (2)
Beverages0.7% (1)
Financial Technology (Fintech)0.7% (1)
Chemicals & Petrochemicals0.6% (1)
Personal Products0.3% (1)
More comparisons for Axis ELSS Tax Saver
- vs CANARA ROBECO LARGE CAP63.5% · 40 stocks
- vs Axis Large Cap63.3% · 40 stocks
More comparisons for CANARA ROBECO FLEXICAP
- vs CANARA ROBECO LARGE CAP74.8% · 49 stocks
- vs ET73.8% · 52 stocks
- vs Axis Large Cap60.7% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.