MIRAE ASSET
TAX SAVER FUND - (MATSF)
(ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
| Type of Scheme | ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit |
| Investment Objective | The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns |
| Fund Manager** | Mr. Neelesh Surana (since inception) |
| Allotment Date | 28th December, 2015 |
| Benchmark Index | Tier-1 - Nifty 500 (TRI) Tier-2 - Nifty 200 (TRI) |
| Minimum Investment Amount |
₹500/- and in multiples of ₹500/- thereafter |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Minimum installment of ₹500/- (monthly / quarterly frequency) and in multiples of ₹500/- thereafter. |
| Load Structure | Entry Load:NA Exit Load: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option For Mirae Asset Tax Saver Fund only growth and IDCW payout option are available. |
| Monthly Average AUM (₹ Cr.) as on December 31, 2021 | 10,396.65 |
| Net AUM (₹ Cr.) | 10,660.11 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on December 31, 2021 |
Regular Plan: 1.77% Direct Plan: 0.41% |
| **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 | ₹ 34.099 | ₹ 31.284 |
| IDCW | ₹ 26.259 | ₹ 23.136 |
| Volatility | 21.96% |
| Beta: | 0.97 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.90 |
| Information Ratio | 1.48 |
| Portfolio Turnover Ratio^ | 0.70 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. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 7.77% | |
| ICICI Bank Ltd | 7.26% | |
| Axis Bank Ltd | 4.19% | |
| State Bank of India | 3.64% | |
| Equitas Small Finance Bank Ltd | 1.10% | |
| Kotak Mahindra Bank Ltd | 0.05% | |
| Software | ||
| Infosys Ltd | 7.50% | |
| Tata Consultancy Services Ltd | 3.79% | |
| HCL Technologies Ltd | 2.14% | |
| MphasiS Ltd | 1.31% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.11% | |
| Bharat Petroleum Corporation Ltd | 0.77% | |
| Consumer Durables | ||
| Orient Electric Ltd | 1.50% | |
| Voltas Ltd | 1.44% | |
| Havells India Ltd | 1.09% | |
| Greenply Industries Ltd | 0.94% | |
| Titan Company Ltd | 0.43% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 2.04% | |
| Muthoot Finance Ltd | 1.23% | |
| SBI Cards and Payment Services Ltd | 0.98% | |
| Power Finance Corporation Ltd | 0.67% | |
| Cholamandalam Investment and Finance Company Ltd | 0.36% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 2.32% | |
| Torrent Pharmaceuticals Ltd | 1.70% | |
| Dr. Reddy's Laboratories Ltd | 0.91% | |
| Divi's Laboratories Ltd | 0.00% | |
| Consumer Non Durables | ||
| Britannia Industries Ltd | 1.53% | |
| Hindustan Unilever Ltd | 1.48% | |
| ITC Ltd | 1.34% | |
| Dabur India Ltd | 0.02% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.98% | |
| Tata Motors Ltd | 1.48% | |
| Ashok Leyland Ltd | 0.80% | |
| Insurance | ||
| Max Financial Services Ltd | 1.32% | |
| SBI Life Insurance Company Ltd | 1.25% | |
| HDFC Life Insurance Company Ltd | 0.96% | |
| ICICI Lombard General Insurance Company Ltd | 0.70% | |
| Auto Ancillaries | ||
| Balkrishna Industries Ltd | 1.19% | |
| Sona BLW Precision Forgings Ltd | 1.02% | |
| MRF Ltd | 0.94% | |
| CEAT Ltd | 0.49% | |
| S.J.S. Enterprises Ltd | 0.29% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.14% | |
| Ambuja Cements Ltd | 1.70% | |
| Chemicals | ||
| Vinati Organics Ltd | 1.28% | |
| Chemplast Sanmar Ltd | 0.92% | |
| Atul Ltd | 0.77% | |
| Industrial Products | ||
| SKF India Ltd | 1.28% | |
| Prince Pipes And Fittings Ltd | 1.12% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.21% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.98% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.83% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.12% | |
| UTI Asset Management Company Ltd | 0.55% | |
| Gas | ||
| Gujarat State Petronet Ltd | 1.60% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 1.25% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 0.66% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.66% | |
| Industrial Capital Goods | ||
| Tega Industries Ltd | 0.60% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.40% | |
| Retailing | ||
| Zomato Ltd | 0.09% | |
| FSN E-Commerce Ventures Ltd | 0.01% | |
| Textile Products | ||
| Page Industries Ltd | 0.10% | |
| Equity Holding Total | 99.31% | |
| Cash & Other Receivables | 0.69% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| New Position Bought |
| Stock |
| Industrial Capital Goods |
| Tega Industries Limited |
| Positions Exited |
| Stock |
| Pharmaceuticals |
| Natco Pharma Limited |
| Consumer Non Durables |
| Kansai Nerolac Paints Limited |
| Positions Increased |
| Stock |
| Capital Markets |
| Indian Energy Exchange Limited |
| UTI Asset Management Company Limited |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| HDFC Bank Limited |
| Finance |
| Cholamandalam Investment and Finance Company Limited |
| Housing Development Finance Corporation Limited |
| Financial Technology (FINTECH) |
| One 97 Communications Limited |
| Gas |
| Gujarat State Petronet Limited |
| Consumer Non Durables |
| Hindustan Unilever Limited |
| Britannia Industries Limited |
| Dabur India Limited |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Insurance |
| Max Financial Services Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Auto Ancillaries |
| S.J.S. Enterprises Limited |
| Positions Decreased |
| Stock |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Zomato Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Ancillaries |
| Sona BLW Precision Forgings Limited |
| Software |
| MphasiS Limited |
| Auto |
| Maruti Suzuki India Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
06-Dec-18 |
0.50 per Unit |
10 |
14.618 |
16-Jan-20 |
0.95 per Unit |
10 |
16.328 |
Past Performance may or may not be sustained in future.
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MATSF - Regular Plan - IDCW Option
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | 35.29 |
23.30 |
22.05 |
20.88 |
| Scheme Benchmark* (Tier-1) | 31.60 |
19.11 |
17.87 |
15.69 |
| Scheme Benchmark* (Tier-2) | 28.88 |
18.31 |
17.56 |
15.42 |
| Additional Benchmark** | 23.23 |
18.62 |
18.31 |
15.73 |
| NAV as on 31st December, 2021 | 31.284 | |||
| Index Value (31st December, 2021) | Index Value of Scheme benchmark is 22,990.88/ 11,796.61 and S&P BSE Sensex (TRI) is 86,926.99 | |||
| Allotment Date | 28th December, 2015 | |||
| Scheme Benchmark | *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI) | |||
| 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. Neelesh Surana managing the scheme since 28th December, 2015
| Period | Total Amount Invested | Mkt Value as on 31-December-2021 |
SI |
710,000 |
1,377,565 |
5 Yrs |
600,000 |
1,057,180 |
3 Yr |
360,000 |
566,237 |
1 Yr |
120,000 |
136,883 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
22.31 |
22.84 |
31.72 |
27.02 |
Benchmark Return (Tier-1)& (%) |
18.35 |
19.31 |
28.18 |
26.19 |
Benchmark Return (Tier-2)& (%) |
17.82 |
18.67 |
26.57 |
23.93 |
Add. Benchmark Return& (%) |
18.17 |
18.93 |
24.69 |
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*
• Growth of capital over long term
• Invests predominantly in equity and equity related instruments: ELSS with a 3 year lock in period & tax benefits
*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.