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 October 31, 2022 | 8,540.27 |
| Net AUM (₹ Cr.) |
8,681.46 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on October 31, 2022 |
Regular Plan: 1.80% Direct Plan: 0.57% |
| **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 | ₹ 22.667 | ₹ 21.599 |
| IDCW^ | ₹ 20.842 | ₹ 19.833 |
| Volatility | 23.64% |
| Beta: | 0.86 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 0.80 |
| Information Ratio | 0.05 |
| Portfolio Turnover Ratio | 0.40 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 October, 2022. ^Basis last rolling 12 months. |
|
| New Positions Bought |
| Stock |
| Realty |
| Prestige Estates Projects Limited |
| Positions Increased |
| Stock |
| Finance |
| Power Finance Corporation Limited |
| Entertainment |
| Zee Entertainment Enterprises Limited |
| Transport Services |
| Delhivery Limited |
| Industrial Products |
| Bharat Forge Limited |
| Pharmaceuticals & Biotechnology |
| Laurus Labs Limited |
| IT - Software |
| MindTree Limited |
| Electrical Equipment |
| Thermax Limited |
| Chemicals & Petrochemicals |
| Atul Limited |
| Telecom - Services |
| Tata Communications Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| MRF Limited |
| Banks |
| State Bank of India |
| The Federal Bank Limited |
| Automobiles |
| TVS Motor Company Limited |
| Ferrous Metals |
| Jindal Steel & Power Limited |
| Leisure Services |
| Westlife Development Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Consumer Durables |
| TTK Prestige Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Transport Services |
| Container Corporation of India 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 |
| Banks | |
| The Federal Bank Ltd | 4.29% |
| Axis Bank Ltd | 4.12% |
| State Bank of India | 2.12% |
| Consumer Durables | |
| Bata India Ltd | 2.22% |
| Crompton Greaves Consumer Electricals Ltd | 2.05% |
| Kajaria Ceramics Ltd | 1.86% |
| Voltas Ltd | 1.67% |
| TTK Prestige Ltd | 1.32% |
| Century Plyboards (India) Ltd | 0.75% |
| Pharmaceuticals & Biotechnology | |
| IPCA Laboratories Ltd | 1.94% |
| Lupin Ltd | 1.72% |
| Laurus Labs Ltd | 1.72% |
| Natco Pharma Ltd | 1.43% |
| Ajanta Pharma Ltd | 0.83% |
| Industrial Products | |
| Bharat Forge Ltd | 4.03% |
| SKF India Ltd | 1.69% |
| Prince Pipes And Fittings Ltd | 1.19% |
| Finance | |
| Shriram Transport Finance Company Ltd | 3.19% |
| Power Finance Corporation Ltd | 2.42% |
| IT - Software | |
| Coforge Ltd | 1.72% |
| MindTree Ltd | 1.49% |
| Tata Consultancy Services Ltd | 1.18% |
| MphasiS Ltd | 0.90% |
| Auto Components | |
| MRF Ltd | 1.12% |
| CEAT Ltd | 1.07% |
| Craftsman Automation Ltd | 1.07% |
| Motherson Sumi Wiring India Ltd | 1.02% |
| Sona BLW Precision Forgings Ltd | 0.54% |
| Automobiles | |
| TVS Motor Company Ltd | 3.80% |
| Cement & Cement Products | |
| Nuvoco Vistas Corporation Ltd | 2.02% |
| JK Cement Ltd | 1.72% |
| Chemicals & Petrochemicals | |
| Atul Ltd | 1.81% |
| Chemplast Sanmar Ltd | 0.79% |
| Sudarshan Chemical Industries Ltd | 0.68% |
| Transport Services | |
| Container Corporation of India Ltd | 2.04% |
| Delhivery Ltd | 1.06% |
| Power | |
| NTPC Ltd | 3.09% |
| Gas | |
| Gujarat State Petronet Ltd | 1.88% |
| Indraprastha Gas Ltd | 1.04% |
| Telecom - Services | |
| Tata Communications Ltd | 1.57% |
| Bharti Airtel Ltd | 1.25% |
| Healthcare Services | |
| Fortis Healthcare Ltd | 1.44% |
| Krishna Institute Of Medical Sciences Ltd | 1.26% |
| Ferrous Metals | |
| Jindal Steel & Power Ltd | 2.62% |
| Personal Products | |
| Emami Ltd | 2.32% |
| Electrical Equipment | |
| Thermax Ltd | 2.12% |
| Textiles & Apparels | |
| Page Industries Ltd | 2.06% |
| Industrial Manufacturing | |
| Honeywell Automation India Ltd | 2.01% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Ltd | 1.98% |
| Insurance | |
| Max Financial Services Ltd | 1.65% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 1.55% |
| Capital Markets | |
| UTI Asset Management Company Ltd | 1.29% |
| Leisure Services | |
| Westlife Development Ltd | 1.16% |
| Entertainment | |
| Zee Entertainment Enterprises Ltd | 1.09% |
| Petroleum Products | |
| Hindustan Petroleum Corporation Ltd | 0.94% |
| Realty | |
| Prestige Estates Projects Ltd | 0.56% |
| Non - Ferrous Metals | |
| National Aluminium Company Ltd | 0.51% |
| Equity Holding Total | 98.00% |
| Cash & Other Receivables Total | 2.00% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MAMCF | 3.65% |
25.29% |
26.64% |
|
| Scheme Benchmark* | 5.24% |
25.29% |
25.69% |
|
| Additional Benchmark** | 3.70% |
16.13% |
17.09% |
|
| NAV as on 31st October, 2022 | ₹ 21.599 | |||
| Index Value (31st October, 2022) | Index Value of Scheme benchmark is 14,824.43 and S&P BSE Sensex (TRI) is 91,769.40 |
|||
| 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 31-October-2022 |
SI |
390,000 |
602,489 |
1 Yr |
360,000 |
537,782 |
3 Yrs |
120,000 |
125,971 |
Returns (%) |
Period |
||
SI |
1yr |
3yrs |
|
Fund Return& (%) |
27.82 |
27.89 |
9.36 |
Benchmark Return& (%) |
28.12 |
28.35 |
12.46 |
Add. Benchmark Return& (%) |
19.76 |
20.11 |
12.64 |
& 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