MIRAE ASSET
MIDCAP FUND - (MAMCF)
(Midacap Fund - An open ended equity scheme predominantly investing in mid cap stocks)
| Type of Scheme | An open ended equity scheme predominantly investing in mid cap stocks |
| Investment Objective | The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Mr. Ankit Jain (since inception) |
| Allotment Date | 29th July, 2019 |
| Benchmark Index | Tier-1 - Nifty Midcap 150 (TRI) Tier-2 - |
| Minimum Investment Amount |
Investors can invest under the scheme with a minimum investment of ₹5,000/- and in multiples of ₹1/-thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹1,000/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure | Entry load: NA Exit load: If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on December 31, 2021 | 6,888.47 |
| Net AUM (₹ Cr.) |
7,034.86 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on December 31, 2021 |
Regular Plan: 1.84% Direct Plan: 0.48% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 21.587 | ₹ 20.780 |
| IDCW | ₹ 21.588 | ₹ 20.773 |
| Portfolio Turnover Ratio^ | 0.51 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 31st December, 2021. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Chemicals |
| Atul Limited |
| Consumer Non Durables |
| Colgate Palmolive (India) Limited |
| Pharmaceuticals |
| Lupin Limited |
| Industrial Capital Goods |
| Honeywell Automation India Limited |
| Positions Exited |
| Stock |
| Software |
| L&T Technology Services Limited |
| Latent View Analytics Limited |
| Positions Increased |
| Stock |
| Consumer Durables |
| TTK Prestige Limited |
| Crompton Greaves Consumer Electricals Limited |
| Bata India Limited |
| Auto |
| TVS Motor Company Limited |
| Industrial Products |
| Bharat Forge Limited |
| Banks |
| State Bank of India |
| Finance |
| Shriram Transport Finance Company Limited |
| Pesticides |
| Bayer Cropscience Limited |
| Auto Ancillaries |
| MRF Limited |
| Software |
| Tata Consultancy Services Limited |
| Chemicals |
| Sudarshan Chemical Industries Limited |
| Pharmaceuticals |
| IPCA Laboratories Limited |
| Consumer Non Durables |
| Jyothy Labs Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Leisure Services |
| Westlife Development Limited |
| Software |
| MphasiS Limited |
| Industrial Products |
| SKF India Limited |
| Consumer Durables |
| Voltas Limited |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| Chemicals |
| SRF Limited |
| Portfolio Holdings | % Allocation | |
| Consumer Durables | ||
| Voltas Ltd | 2.86% | |
| Crompton Greaves Consumer Electricals Ltd | 2.75% | |
| Bata India Ltd | 2.59% | |
| Kajaria Ceramics Ltd | 1.66% | |
| TTK Prestige Ltd | 1.45% | |
| Century Plyboards (India) Ltd | 1.30% | |
| Banks | ||
| Axis Bank Ltd | 3.49% | |
| The Federal Bank Ltd | 3.30% | |
| State Bank of India | 2.75% | |
| Pharmaceuticals | ||
| IPCA Laboratories Ltd | 2.49% | |
| Natco Pharma Ltd | 2.21% | |
| Ajanta Pharma Ltd | 2.11% | |
| Sun Pharmaceutical Industries Ltd | 1.44% | |
| Lupin Ltd | 0.71% | |
| Consumer Non Durables | ||
| Emami Ltd | 1.95% | |
| Varun Beverages Ltd | 1.80% | |
| Kansai Nerolac Paints Ltd | 1.08% | |
| Colgate Palmolive (India) Ltd | 0.99% | |
| Jyothy Labs Ltd | 0.93% | |
| Software | ||
| MphasiS Ltd | 2.49% | |
| MindTree Ltd | 2.17% | |
| Tata Consultancy Services Ltd | 1.51% | |
| Industrial Products | ||
| Bharat Forge Ltd | 3.08% | |
| Prince Pipes And Fittings Ltd | 1.50% | |
| SKF India Ltd | 1.43% | |
| Chemicals | ||
| SRF Ltd | 2.61% | |
| Chemplast Sanmar Ltd | 1.20% | |
| Atul Ltd | 1.02% | |
| Sudarshan Chemical Industries Ltd | 0.71% | |
| Finance | ||
| Shriram Transport Finance Company Ltd | 2.63% | |
| Power Finance Corporation Ltd | 2.31% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.28% | |
| Nuvoco Vistas Corporation Ltd | 1.91% | |
| Auto Ancillaries | ||
| MRF Ltd | 1.54% | |
| Craftsman Automation Ltd | 1.05% | |
| CEAT Ltd | 0.91% | |
| Healthcare Services | ||
| Fortis Healthcare Ltd | 1.83% | |
| Krishna Institute Of Medical Sciences Ltd | 1.29% | |
| Ferrous Metals | ||
| Jindal Steel & Power Ltd | 3.11% | |
| Insurance | ||
| Max Financial Services Ltd | 2.82% | |
| Power | ||
| NTPC Ltd | 2.65% | |
| Industrial Capital Goods | ||
| Thermax Ltd | 2.05% | |
| Honeywell Automation India Ltd | 0.60% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.54% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 2.54% | |
| Auto | ||
| TVS Motor Company Ltd | 2.48% | |
| Textile Products | ||
| Page Industries Ltd | 2.28% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 1.96% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.94% | |
| Pesticides | ||
| Bayer Cropscience Ltd | 1.42% | |
| Petroleum Products | ||
| Bharat Petroleum Corporation Ltd | 1.02% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.60% | |
| Equity Holding Total | 99.37% | |
| Cash & Other Receivables | 0.63% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMCF | 48.43 |
35.16 |
||
| Scheme Benchmark* | 48.16 |
33.92 |
||
| Additional Benchmark** | 23.23 |
20.88 |
||
| NAV as on 31st December, 2021 | 20.780 | |||
| Index Value (31st December, 2021) | Index Value of Scheme benchmark is 14,293.42 and S&P BSE Sensex (TRI) is 86,926.99 | |||
| Allotment Date | 29 July, 2019 | |||
| Scheme Benchmark | *Tier-1-Nifty Midcap 150 (TRI) Tier-2 - | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. . Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Ankit Jain managing the scheme since July, 2019
| Period | Total Amount Invested | Mkt Value as on 31-December-2021 |
SI |
290,000 |
477,051 |
1 Yr |
120,000 |
140,622 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
45.03 |
33.26 |
Benchmark Return& (%) |
44.59 |
35.48 |
Add. Benchmark Return& (%) |
28.55 |
21.24 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income.
• Investments predominantly in equity & equity related securities of midcap companies
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 