Parag Parikh ELSS Tax Saver Fund vs SBI Nifty Index Fund

Portfolio Overlap Analysis · PPFAS vs SBI

39.4%
Moderate Overlap
16 common stocks · Rank #2832 of 28,292 pairs
Fund A
Parag Parikh ELSS Tax Saver Fund
PPFAS · ELSS
Fund B
SBI Nifty Index Fund
SBI · Equity - Other

Common Holdings (10)

StockWt% in Parag Parikh ELSS Tax SaverWt% in SBI Nifty IndexOverlap
HDFC Bank Limited
Banks
7.40%11.83%7.40%
ICICI Bank Limited
Banks
4.91%8.58%4.91%
Axis Bank Limited
Banks
3.87%3.45%3.45%
Bharti Airtel Limited
Telecom - Services
3.44%4.56%3.44%
Infosys Limited
IT - Software
3.41%3.97%3.41%
Kotak Mahindra Bank Limited
Banks
4.22%2.66%2.66%
Mahindra & Mahindra Limited
Automobiles
3.70%2.64%2.64%
ITC Limited
Diversified FMCG
5.11%2.63%2.63%
Tata Consultancy Services Limited
IT - Software
1.98%2.35%1.98%
Maruti Suzuki India Limited
Automobiles
4.13%1.70%1.70%

Unique to Parag Parikh ELSS Tax Saver

  • Power Grid Corporation of India Limited7.12%
  • Bajaj Holdings & Investment Limited6.66%
  • Coal India Limited6.18%
  • Maharashtra Scooters Limited5.48%
  • HCL Technologies Limited3.87%

Unique to SBI Nifty Index

  • Reliance Industries Ltd.8.20%
  • Larsen & Toubro Ltd.4.38%
  • State Bank of India4.34%

Sector Overlap Breakdown

Banks
18.4% (4)
IT - Software
7.2% (4)
Automobiles
4.3% (2)
Telecom - Services
3.4% (1)
Diversified FMCG
2.6% (1)
Pharmaceuticals & Biotechnology
1.3% (2)
Power
1.2% (1)
Consumable Fuels
0.8% (1)

Analysis

AI-generated comparative analysis coming soon.

More comparisons for Parag Parikh ELSS Tax Saver

More comparisons for SBI Nifty Index

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