Franklin India ELSS Tax Saver Fund vs Franklin India Flexi Cap Fund ( Formerly known as Franklin India Equity Fund)

Franklin vs Franklin· Portfolio Overlap Analysis

82.6%High Overlap

42 common stocksRank #2569 / 5,000

Investor takeaway: These funds overlap 82.6%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (42)

Stock	Wt% in Franklin India ELSS Tax Saver	Wt% in Franklin India Flexi Cap Fund	Overlap
HDFC Bank Ltd Banks	9.04%	8.46%	8.46%
ICICI Bank Ltd Banks	7.10%	6.26%	6.26%
Axis Bank Ltd Banks	5.35%	5.63%	5.35%
Larsen & Toubro Ltd Construction	5.90%	4.65%	4.65%
State Bank of India Banks	5.31%	3.99%	3.99%
Bharti Airtel Ltd Telecom - Services	3.50%	3.48%	3.48%
Reliance Industries Ltd Petroleum Products	3.20%	3.20%	3.20%
Kotak Mahindra Bank Ltd Banks	3.23%	3.15%	3.15%
Infosys Ltd IT - Software	3.81%	3.00%	3.00%
Mahindra & Mahindra Ltd Automobiles	2.75%	2.79%	2.75%
HCL Technologies Ltd IT - Software	3.17%	2.52%	2.52%
Grasim Industries Ltd Cement & Cement Products	2.99%	2.36%	2.36%
Eternal Ltd Retailing	2.88%	2.36%	2.36%
Apollo Hospitals Enterprise Ltd Healthcare Services	2.38%	2.36%	2.36%
Bharat Electronics Ltd Aerospace & Defense	2.94%	2.13%	2.13%
Marico Ltd Agricultural Food & Other Products	2.13%	1.93%	1.93%
NTPC Ltd Power	2.13%	1.92%	1.92%
Kirloskar Oil Engines Ltd Industrial Products	2.20%	1.85%	1.85%
Tata Power Co Ltd Power	1.71%	1.78%	1.71%
United Spirits Ltd Beverages	1.96%	1.67%	1.67%
Tata Steel Ltd Ferrous Metals	1.57%	2.08%	1.57%
Britannia Industries Ltd Food Products	1.57%	1.58%	1.57%
Tube Investments of India Ltd Auto Components	1.46%	1.44%	1.44%
Cholamandalam Investment and Finance Co Ltd Finance	1.44%	1.58%	1.44%
Interglobe Aviation Ltd Transport Services	1.39%	1.78%	1.39%
PB Fintech Ltd Financial Technology (Fintech)	1.49%	1.30%	1.30%
Cipla Ltd Pharmaceuticals & Biotechnology	0.89%	1.31%	0.89%
Eris Lifesciences Ltd Pharmaceuticals & Biotechnology	0.94%	0.87%	0.87%
Kalyan Jewellers India Ltd Consumer Durables	0.92%	0.86%	0.86%
PI Industries Ltd Fertilizers & Agrochemicals	0.73%	1.00%	0.73%
Godrej Properties Ltd Realty	0.71%	0.73%	0.71%
Tata Capital Ltd Finance	1.02%	0.69%	0.69%
Prestige Estates Projects Ltd Realty	0.62%	0.69%	0.62%
Hyundai Motor India Ltd Automobiles	0.56%	0.65%	0.56%
Jyothy Labs Ltd Household Products	0.68%	0.51%	0.51%
Intellect Design Arena Ltd IT - Software	0.55%	0.49%	0.49%
Amara Raja Energy And Mobility Ltd Auto Components	0.49%	0.48%	0.48%
Lemon Tree Hotels Ltd Leisure Services	0.59%	0.45%	0.45%
Jubilant Foodworks Ltd Leisure Services	0.71%	0.42%	0.42%
Devyani International Ltd Leisure Services	0.33%	0.19%	0.19%
MedPlus Health Services Ltd Retailing	0.17%	0.59%	0.17%
Teamlease Services Ltd Commercial Services & Supplies	0.21%	0.13%	0.13%

Unique to Franklin India ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to Franklin India Flexi Cap Fund

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

27.2% (5)

IT - Software

6.0% (3)

Construction

4.7% (1)

Power

3.6% (2)

Telecom - Services

3.5% (1)

Automobiles

3.3% (2)

Petroleum Products

3.2% (1)

Retailing

2.5% (2)

Cement & Cement Products

2.4% (1)

Healthcare Services

2.4% (1)

Aerospace & Defense

2.1% (1)

Finance

2.1% (2)

Agricultural Food & Other Products

1.9% (1)

Auto Components

1.9% (2)

Industrial Products

1.9% (1)

Pharmaceuticals & Biotechnology

1.8% (2)

Beverages

1.7% (1)

Ferrous Metals

1.6% (1)

Food Products

1.6% (1)

Transport Services

1.4% (1)

Realty

1.3% (2)

Financial Technology (Fintech)

1.3% (1)

Leisure Services

1.1% (3)

Consumer Durables

0.9% (1)

Fertilizers & Agrochemicals

0.7% (1)

Household Products

0.5% (1)

Commercial Services & Supplies

0.1% (1)

Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.