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 November 30, 2021 | 10,390.36 |
| Net AUM (₹ Cr.) | 10,086.74 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2021 |
Regular Plan: 1.69% Direct Plan: 0.43% |
| **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 | ₹ 33.249 | ₹ 30.538 |
| IDCW | ₹ 25.604 | ₹ 22.584 |
| Volatility | 22.12% |
| Beta: | 0.98 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.86 |
| Information Ratio | 1.41 |
| Portfolio Turnover Ratio^ | 0.74 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. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 8.18% | |
| ICICI Bank Ltd | 7.05% | |
| Axis Bank Ltd | 4.28% | |
| State Bank of India | 3.65% | |
| Equitas Small Finance Bank Ltd | 1.18% | |
| Kotak Mahindra Bank Ltd | 0.05% | |
| Software | ||
| Infosys Ltd | 7.19% | |
| Tata Consultancy Services Ltd | 3.78% | |
| HCL Technologies Ltd | 1.95% | |
| MphasiS Ltd | 1.25% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.47% | |
| Bharat Petroleum Corporation Ltd | 0.78% | |
| Consumer Durables | ||
| Orient Electric Ltd | 1.65% | |
| Voltas Ltd | 1.50% | |
| Havells India Ltd | 1.12% | |
| Greenply Industries Ltd | 0.96% | |
| Titan Company Ltd | 0.43% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 1.96% | |
| Muthoot Finance Ltd | 1.24% | |
| SBI Cards and Payment Services Ltd | 1.06% | |
| Power Finance Corporation Ltd | 0.68% | |
| Cholamandalam Investment and Finance Company Ltd | 0.08% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 1.94% | |
| Torrent Pharmaceuticals Ltd | 1.71% | |
| Dr. Reddy's Laboratories Ltd | 0.92% | |
| Natco Pharma Ltd | 0.40% | |
| Divi's Laboratories Ltd | 0.00% | |
| Insurance | ||
| Max Financial Services Ltd | 1.30% | |
| SBI Life Insurance Company Ltd | 1.28% | |
| HDFC Life Insurance Company Ltd | 1.06% | |
| ICICI Lombard General Insurance Company Ltd | 0.76% | |
| Auto | ||
| Maruti Suzuki India Ltd | 2.06% | |
| Tata Motors Ltd | 1.49% | |
| Ashok Leyland Ltd | 0.83% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Ltd | 1.28% | |
| Balkrishna Industries Ltd | 1.17% | |
| MRF Ltd | 1.01% | |
| CEAT Ltd | 0.58% | |
| S.J.S. Enterprises Ltd | 0.27% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.15% | |
| Ambuja Cements Ltd | 1.78% | |
| Consumer Non Durables | ||
| ITC Ltd | 1.44% | |
| Britannia Industries Ltd | 1.33% | |
| Hindustan Unilever Ltd | 0.97% | |
| Kansai Nerolac Paints Ltd | 0.06% | |
| Dabur India Ltd | 0.00% | |
| Chemicals | ||
| Vinati Organics Ltd | 1.28% | |
| Chemplast Sanmar Ltd | 1.01% | |
| Atul Ltd | 0.78% | |
| Industrial Products | ||
| SKF India Ltd | 1.40% | |
| Prince Pipes And Fittings Ltd | 1.23% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.17% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.08% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.69% | |
| Gas | ||
| Gujarat State Petronet Ltd | 1.67% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.16% | |
| UTI Asset Management Company Ltd | 0.45% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 1.15% | |
| Retailing | ||
| FSN E-Commerce Ventures Ltd | 0.45% | |
| Zomato Ltd | 0.42% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.70% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.51% | |
| Textile Products | ||
| Page Industries Ltd | 0.10% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 0.08% | |
| Equity Holding Total | 99.61% | |
| Cash & Other Receivables | 0.39% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| New Position Bought |
| Stock |
| Chemicals |
| Chemplast Sanmar Limited |
| Positions Exited |
| Stock |
| Healthcare Services |
| Dr. Lal Path Labs Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Ancillaries |
| Balkrishna Industries Limited |
| Sona BLW Precision Forgings Limited |
| Banks |
| HDFC Bank Limited |
| State Bank of India |
| Cement & Cement Products |
| Ambuja Cements Limited |
| JK Cement Limited |
| Chemicals |
| Atul Limited |
| Consumer Durables |
| Orient Electric Limited |
| Voltas Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals |
| Dr. Reddy's Laboratories Limited |
| Sun Pharmaceutical Industries Limited |
| Positions Decreased |
| Stock |
| Auto |
| Ashok Leyland Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Consumer Durables |
| Havells India Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Hindustan Unilever Limited |
| Kansai Nerolac Paints Limited |
| Entertainment |
| Zee Entertainment Enterprises Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| SBI Cards and Payment Services Limited |
| Gas |
| Gujarat State Petronet Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Divi's Laboratories Limited |
| Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Telecom - Services |
| Bharti Airtel 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 | 40.10 |
22.51 |
21.02 |
20.72 |
| Scheme Benchmark* | 35.30 |
17.64 |
16.79 |
15.25 |
| Additional Benchmark** | 30.28 |
17.67 |
17.80 |
15.57 |
| NAV as on 30th November, 2021 | 30.538 |
|||
| Index Value (30th November, 2021) | Index Value of NIFTY 500 (TRI) is 11,547.75 and S&P BSE Sensex (TRI) is 85,134.56 |
|||
| 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 30-November-2021 |
SI |
700,000 |
1,334,805 |
5 Yrs |
600,000 |
1,048,194 |
3 Yr |
360,000 |
559,593 |
1 Yr |
120,000 |
137,617 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
22.07 |
22.50 |
30.86 |
28.33 |
Benchmark Return& (%) |
17.57 |
18.32 |
25.72 |
25.11 |
Add. Benchmark Return& (%) |
17.94 |
18.64 |
23.90 |
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*
• Growth of capital over long term
• Invests predominantly in equity and equity related instruments: ELSS with a 3 year lock in period & tax benefits
• 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.