Axis ELSS Tax Saver Fund vs CANARA ROBECO LARGE CAP FUND
Axis vs Canara Robeco· Portfolio Overlap Analysis
63.5%High Overlap
40 common stocksRank #4200 / 5,000
Investor takeaway: These funds overlap 63.5%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (40)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in CANARA ROBECO LARGE CAP | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 8.14% | 7.31% |
HDFC Bank Limited Banks | 6.54% | 8.87% | 6.54% |
Bharti Airtel Limited Telecom - Services | 3.71% | 4.25% | 3.71% |
Infosys Limited IT - Software | 3.38% | 3.60% | 3.38% |
State Bank of India Banks | 2.99% | 4.59% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 4.33% | 2.97% |
Bajaj Finance Limited Finance | 3.34% | 2.93% | 2.93% |
Reliance Industries Limited Petroleum Products | 2.82% | 5.22% | 2.82% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 3.32% | 2.61% |
UltraTech Cement Limited Cement & Cement Products | 2.20% | 2.47% | 2.20% |
Kotak Mahindra Bank Limited Banks | 1.92% | 2.27% | 1.92% |
Eternal Limited Retailing | 2.15% | 1.81% | 1.81% |
Axis Bank Limited Banks | 1.65% | 3.21% | 1.65% |
Titan Company Limited Consumer Durables | 1.34% | 1.64% | 1.34% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 1.30% | 1.30% |
Tata Consultancy Services Limited IT - Software | 1.67% | 1.30% | 1.30% |
CG Power and Industrial Solutions Limited Electrical Equipment | 1.67% | 1.26% | 1.26% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 1.50% | 1.23% |
The Indian Hotels Company Limited Leisure Services | 1.41% | 1.20% | 1.20% |
InterGlobe Aviation Limited Transport Services | 1.16% | 1.24% | 1.16% |
Cholamandalam Investment and Finance Company Ltd Finance | 1.96% | 1.12% | 1.12% |
Tata Steel Limited Ferrous Metals | 1.04% | 1.24% | 1.04% |
Mankind Pharma Limited Pharmaceuticals & Biotechnology | 0.94% | 0.90% | 0.90% |
Hindustan Unilever Limited Diversified FMCG | 1.02% | 0.85% | 0.85% |
Vishal Mega Mart Limited Retailing | 0.98% | 0.85% | 0.85% |
Max Healthcare Institute Limited Healthcare Services | 0.81% | 1.34% | 0.81% |
PI Industries Limited Fertilizers & Agrochemicals | 1.62% | 0.75% | 0.75% |
TVS Motor Company Limited Automobiles | 1.17% | 0.75% | 0.75% |
Varun Beverages Limited Beverages | 0.73% | 1.33% | 0.73% |
PB Fintech Limited Financial Technology (Fintech) | 0.72% | 1.02% | 0.72% |
Trent Limited Retailing | 0.49% | 0.77% | 0.49% |
Shriram Finance Limited Finance | 1.60% | 0.46% | 0.46% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 0.44% | 1.03% | 0.44% |
UNO Minda Limited Auto Components | 0.43% | 0.57% | 0.43% |
Samvardhana Motherson International Limited Auto Components | 0.37% | 0.80% | 0.37% |
Tech Mahindra Limited IT - Software | 0.27% | 1.29% | 0.27% |
ITC Limited Diversified FMCG | 0.24% | 1.38% | 0.24% |
Info Edge (India) Limited Retailing | 0.23% | 0.54% | 0.23% |
ICICI Prudential Asset Management Company Limited Capital Markets | 0.23% | 0.80% | 0.23% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 0.91% | 0.19% | 0.19% |
Unique to Axis ELSS Tax Saver
- Pidilite Industries Limited2.25%
Unique to CANARA ROBECO LARGE CAP
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks20.4% (5)
IT - Software5.0% (3)
Finance4.5% (3)
Pharmaceuticals & Biotechnology3.9% (4)
Telecom - Services3.7% (1)
Retailing3.4% (4)
Automobiles3.4% (2)
Construction3.0% (1)
Petroleum Products2.8% (1)
Cement & Cement Products2.2% (1)
Consumer Durables1.3% (1)
Electrical Equipment1.3% (1)
Leisure Services1.2% (1)
Transport Services1.2% (1)
Diversified FMCG1.1% (2)
Ferrous Metals1.0% (1)
Healthcare Services0.8% (1)
Auto Components0.8% (2)
Fertilizers & Agrochemicals0.8% (1)
Beverages0.7% (1)
Financial Technology (Fintech)0.7% (1)
Capital Markets0.2% (1)
Agricultural, Commercial & Construction Vehicles0.2% (1)
More comparisons for Axis ELSS Tax Saver
- vs Axis Large Cap63.3% · 40 stocks
- vs CANARA ROBECO FLEXICAP60.7% · 43 stocks
More comparisons for CANARA ROBECO LARGE CAP
- vs CANARA ROBECO FLEXICAP74.8% · 49 stocks
- vs Axis Large Cap73.0% · 39 stocks
- vs Baroda BNP Paribas Nifty 50 In70.8% · 33 stocks
- vs HDFC NIFTY 50 ETF70.7% · 33 stocks
- vs HDFC Nifty 50 Index70.7% · 33 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.