Analytics, not advice. Rankings and scores describe past performance and are not recommendations.
Axis Business Cycles Fund vs Axis India Manufacturing Fund
Stock-level portfolio overlap from each fund’s latest monthly disclosure. Analytics, not advice.
Portfolio overlap
21.12%
fairly distinct portfolios
What this means
Most of each fund's money is in stocks the other doesn't hold — the pair adds genuine variety at the stock level. Overlap is the sum of the minimum weight each shared stock has in the two portfolios — 20 stocks appear in both funds.
Stocks held by both funds
| Stock | Sector | Axis Business Cycles Fund | Axis India Manufacturing Fund | Overlap |
|---|---|---|---|---|
| Mahindra & Mahindra Limited | Automobiles | 2.54% | 5.28% | 2.54% |
| Reliance Industries Limited | Petroleum Products | 2.45% | 4.61% | 2.45% |
| Cummins India Limited | Industrial Products | 1.79% | 2.45% | 1.79% |
| UltraTech Cement Limited | Cement & Cement Products | 2.76% | 1.55% | 1.55% |
| Bharat Heavy Electricals Limited | Electrical Equipment | 1.48% | 2.01% | 1.48% |
| Solar Industries India Limited | Chemicals & Petrochemicals | 1.34% | 1.66% | 1.34% |
| CG Power and Industrial Solutions Limited | Electrical Equipment | 1.34% | 1.36% | 1.34% |
| Sona BLW Precision Forgings Limited | Auto Components | 1.19% | 2.44% | 1.19% |
| Jindal Steel Limited | Ferrous Metals | 1.66% | 1.14% | 1.14% |
| GE Vernova T&D India Limited | Electrical Equipment | 1.13% | 2.30% | 1.13% |
| Hyundai Motor India Ltd | Automobiles | 1.05% | 1.12% | 1.05% |
| Bosch Limited | Auto Components | 0.96% | 0.83% | 0.83% |
| Larsen & Toubro Limited | Construction | 4.00% | 0.70% | 0.70% |
| Welspun Corp Limited | Industrial Products | 0.63% | 0.85% | 0.63% |
| Bharat Forge Limited | Auto Components | 0.61% | 1.43% | 0.61% |
| PI Industries Limited | Fertilizers & Agrochemicals | 0.83% | 0.52% | 0.52% |
| Hindustan Aeronautics Limited | Aerospace & Defense | 0.36% | 1.24% | 0.36% |
| Anthem Biosciences Limited | Pharmaceuticals & Biotechnology | 1.20% | 0.26% | 0.26% |
| RHI Magnesita India Limited | Industrial Products | 0.99% | 0.11% | 0.11% |
| Jyoti CNC Automation Ltd | Industrial Manufacturing | 1.32% | 0.10% | 0.10% |
Full head-to-head comparison Axis Business Cycles Fund: full analysis Axis India Manufacturing Fund: full analysis
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