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 November 30, 2021 | 6,960.23 |
| Net AUM (₹ Cr.) |
6,748.42 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2021 |
Regular Plan: 1.77% 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 | ₹ 21.224 | ₹ 20.456 |
| IDCW | ₹ 21.226 | ₹ 20.448 |
| Portfolio Turnover Ratio^ | 0.50 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 30th November, 2021. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Chemicals |
| Chemplast Sanmar Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Ancillaries |
| Craftsman Automation Limited |
| Motherson Sumi Systems Limited |
| MRF Limited |
| Banks |
| State Bank of India |
| The Federal Bank Limited |
| Consumer Durables |
| Century Plyboards (India) Limited |
| Crompton Greaves Consumer Electricals Limited |
| Voltas Limited |
| Consumer Non Durables |
| Jyothy Labs Limited |
| Varun Beverages Limited |
| Ferrous Metals |
| Jindal Steel & Power Limited |
| Finance |
| Power Finance Corporation Limited |
| Shriram Transport Finance Company Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Capital Goods |
| Thermax Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Insurance |
| Max Financial Services Limited |
| Pharmaceuticals |
| Textile Products |
| Positions Decreased |
| Stock |
| Banks |
| ICICI Bank Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Cement & Cement Products |
| JK Cement Limited |
| Chemicals |
| SRF Limited |
| Sudarshan Chemical Industries Limited |
| Other Services |
| Quess Corp Limited |
| Pharmaceuticals |
| IPCA Laboratories Limited |
| Sun Pharmaceutical Industries Limited |
| Software |
| L&T Technology Services Limited |
| MindTree Limited |
| MphasiS Limited |
| Portfolio Holdings | % Allocation | |
| Consumer Durables | ||
| Voltas Ltd | 3.13% | |
| Crompton Greaves Consumer Electricals Ltd | 2.77% | |
| Bata India Ltd | 2.07% | |
| TTK Prestige Ltd | 1.56% | |
| Kajaria Ceramics Ltd | 1.53% | |
| Century Plyboards (India) Ltd | 1.36% | |
| Banks | ||
| The Federal Bank Ltd | 3.60% | |
| Axis Bank Ltd | 3.51% | |
| State Bank of India | 2.80% | |
| Pharmaceuticals | ||
| IPCA Laboratories Ltd | 2.42% | |
| Natco Pharma Ltd | 2.13% | |
| Ajanta Pharma Ltd | 2.04% | |
| Sun Pharmaceutical Industries Ltd | 1.78% | |
| Software | ||
| MphasiS Ltd | 2.96% | |
| MindTree Ltd | 2.05% | |
| Latent View Analytics Ltd | 0.89% | |
| Tata Consultancy Services Ltd | 0.78% | |
| L&T Technology Services Ltd | 0.08% | |
| Industrial Products | ||
| Bharat Forge Ltd | 3.02% | |
| Prince Pipes And Fittings Ltd | 1.63% | |
| SKF India Ltd | 1.61% | |
| Consumer Non Durables | ||
| Emami Ltd | 2.07% | |
| Varun Beverages Ltd | 1.88% | |
| Kansai Nerolac Paints Ltd | 1.14% | |
| Jyothy Labs Ltd | 1.05% | |
| Finance | ||
| Shriram Transport Finance Company Ltd | 2.97% | |
| Power Finance Corporation Ltd | 2.34% | |
| Chemicals | ||
| SRF Ltd | 2.91% | |
| Chemplast Sanmar Ltd | 1.30% | |
| Sudarshan Chemical Industries Ltd | 0.74% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.26% | |
| Nuvoco Vistas Corporation Ltd | 2.12% | |
| Auto Ancillaries | ||
| MRF Ltd | 1.50% | |
| Craftsman Automation Ltd | 1.10% | |
| CEAT Ltd | 0.91% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 3.26% | |
| Healthcare Services | ||
| Fortis Healthcare Ltd | 1.80% | |
| Krishna Institute Of Medical Sciences Ltd | 1.17% | |
| Ferrous Metals | ||
| Jindal Steel & Power Ltd | 2.95% | |
| Power | ||
| NTPC Ltd | 2.83% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.82% | |
| Insurance | ||
| Max Financial Services Ltd | 2.81% | |
| Auto | ||
| TVS Motor Company Ltd | 2.45% | |
| Textile Products | ||
| Page Industries Ltd | 2.26% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.16% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 2.13% | |
| Industrial Capital Goods | ||
| Thermax Ltd | 2.10% | |
| Pesticides | ||
| Bayer Cropscience Ltd | 1.20% | |
| Petroleum Products | ||
| Bharat Petroleum Corporation Ltd | 1.03% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.73% | |
| Equity Holding Total | 99.72% | |
| Cash & Other Receivables | 0.28% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMCF | 54.63 |
35.73 |
||
| Scheme Benchmark* | 51.38 |
31.37 |
||
| Additional Benchmark** | 30.28 |
20.63 |
||
| NAV as on 30th November, 2021 | 20.456 | |||
| Index Value (30th November, 2021) | Index Value of Scheme benchmark is 39,133.39 and S&P BSE Sensex (TRI) is 85,134.56 | |||
| 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 30-November-2021 |
SI |
280,000 |
459,642 |
1 Yr |
120,000 |
143,808 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
46.75 |
38.77 |
Benchmark Return& (%) |
45.15 |
38.06 |
Add. Benchmark Return& (%) |
28.62 |
21.74 |
& 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
• Degree of risk – Very High
*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 