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 | Nifty Midcap 150 (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹ 1,000/- per application 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 April 29, 2022 | 7,667.11 |
| Net AUM (₹ Cr.) |
7,594.93 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 29, 2022 |
Regular Plan: 1.79% Direct Plan: 0.69% |
| **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 | ₹ 21.430 | ₹ 20.545 |
| IDCW | ₹ 19.705 | ₹ 18.864 |
| Portfolio Turnover Ratio | 0.49 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 29th April, 2022. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Entertainment |
| Zee Entertainment Enterprises Limited |
| Positions Increased |
| Stock |
| Chemicals & Petrochemicals |
| Chemplast Sanmar Limited |
| Sudarshan Chemical Industries Limited |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Kajaria Ceramics Limited |
| TTK Prestige Limited |
| Entertainment |
| Zee Entertainment Enterprises Limited |
| Fertilizers & Agrochemicals |
| Bayer Cropscience Limited |
| Finance |
| Power Finance Corporation Limited |
| Shriram Transport Finance Company Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Manufacturing |
| Honeywell Automation India Limited |
| Industrial Products |
| SKF India Limited |
| IT - Software |
| Coforge Limited |
| Tata Consultancy Services Limited |
| Leisure Services |
| Westlife Development Limited |
| Personal Products |
| Emami Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| Banks |
| State Bank of India |
| Beverages |
| Varun Beverages Limited |
| Chemicals & Petrochemicals |
| SRF Limited |
| Consumer Durables |
| Bata India Limited |
| Voltas Limited |
| Electrical Equipment |
| Thermax Limited |
| Ferrous Metals |
| Jindal Steel & Power Limited |
| Household Products |
| Jyothy Labs Limited |
| Power |
| NTPC Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
28-Mar-22 |
1.65 per Unit |
10 |
20.115 |
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 MAMCF - Regular Plan - IDCW Option
| Portfolio Holdings | % Allocation | |
| Consumer Durables | ||
| Bata India Ltd | 2.54% | |
| Crompton Greaves Consumer Electricals Ltd | 2.49% | |
| Kajaria Ceramics Ltd | 2.03% | |
| Voltas Ltd | 1.80% | |
| TTK Prestige Ltd | 1.49% | |
| Century Plyboards (India) Ltd | 0.89% | |
| Kansai Nerolac Paints Ltd | 0.79% | |
| Banks | ||
| The Federal Bank Ltd | 3.54% | |
| Axis Bank Ltd | 3.36% | |
| State Bank of India | 2.48% | |
| Pharmaceuticals & Biotechnology | ||
| IPCA Laboratories Ltd | 2.36% | |
| Natco Pharma Ltd | 1.78% | |
| Ajanta Pharma Ltd | 1.47% | |
| Lupin Ltd | 1.47% | |
| IT - Software | ||
| Tata Consultancy Services Ltd | 1.87% | |
| Coforge Ltd | 1.66% | |
| MphasiS Ltd | 1.53% | |
| MindTree Ltd | 1.29% | |
| Industrial Products | ||
| Bharat Forge Ltd | 3.34% | |
| Prince Pipes And Fittings Ltd | 1.63% | |
| SKF India Ltd | 1.24% | |
| Finance | ||
| Shriram Transport Finance Company Ltd | 3.57% | |
| Power Finance Corporation Ltd | 2.45% | |
| Chemicals & Petrochemicals | ||
| Atul Ltd | 1.53% | |
| Chemplast Sanmar Ltd | 1.43% | |
| Sudarshan Chemical Industries Ltd | 0.92% | |
| SRF Ltd | 0.66% | |
| Auto Components | ||
| MRF Ltd | 1.42% | |
| Motherson Sumi Wiring India Ltd | 1.03% | |
| Craftsman Automation Ltd | 0.97% | |
| CEAT Ltd | 0.78% | |
| Aerospace & Defense | ||
| Hindustan Aeronautics Ltd | 1.73% | |
| Bharat Electronics Ltd | 1.73% | |
| Ferrous Metals | ||
| Jindal Steel & Power Ltd | 3.20% | |
| Healthcare Services | ||
| Fortis Healthcare Ltd | 2.01% | |
| Krishna Institute Of Medical Sciences Ltd | 1.12% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 1.64% | |
| Nuvoco Vistas Corporation Ltd | 1.43% | |
| Automobiles | ||
| TVS Motor Company Ltd | 3.01% | |
| Power | ||
| NTPC Ltd | 2.88% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.49% | |
| Textiles & Apparels | ||
| Page Industries Ltd | 2.37% | |
| Fertilizers & Agrochemicals | ||
| Bayer Cropscience Ltd | 2.15% | |
| Insurance | ||
| Max Financial Services Ltd | 2.02% | |
| Personal Products | ||
| Emami Ltd | 1.98% | |
| Transport Services | ||
| Container Corporation of India Ltd | 1.95% | |
| Electrical Equipment | ||
| Thermax Ltd | 1.93% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.85% | |
| Beverages | ||
| Varun Beverages Ltd | 1.68% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 1.45% | |
| Industrial Manufacturing | ||
| Honeywell Automation India Ltd | 1.27% | |
| Household Products | ||
| Jyothy Labs Ltd | 0.83% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.74% | |
| Entertainment | ||
| Zee Entertainment Enterprises Ltd | 0.62% | |
| Equity Holding Total | 97.89% | |
| Cash & Other Receivables | 2.11% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMCF | 23.89% |
29.89% |
||
| Scheme Benchmark* | 23.86% |
28.09% |
||
| Additional Benchmark** | 18.19% |
17.40% |
||
| NAV as on 29th April, 2022 | 20.545 | |||
| Index Value (29th April, 2022) | Index Value of Scheme benchmark is 13,910.10 and S&P BSE Sensex (TRI) is 85,330.82 | |||
| Allotment Date | 29 July, 2019 | |||
| Scheme Benchmark | *Nifty Midcap 150 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Ankit Jain managing the scheme since July, 2019
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 29-April-2022 |
SI |
330,000 |
511,445 |
1 Yr |
120,000 |
125,246 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
33.93 |
8.31 |
Benchmark Return& (%) |
33.05 |
8.78 |
Add. Benchmark Return& (%) |
20.66 |
4.77 |
& 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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option