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 September 30, 2022 | 8,553.86 |
| Net AUM (₹ Cr.) |
8,439.29 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on September 30, 2022 |
Regular Plan: 1.75% 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 | ₹ 22.265 | ₹ 21.238 |
| IDCW^ | ₹ 20.473 | ₹ 19.502 |
| Volatility | 23.59% |
| Beta: | 0.86 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 0.83 |
| Information Ratio | 0.00 |
| Portfolio Turnover Ratio | 0.42 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 September, 2022. ^Basis last rolling 12 months. |
|
| New Positions Bought |
| Stock |
| Gas |
| Indraprastha Gas Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Components |
| CEAT Limited |
| Banks |
| The Federal Bank Limited |
| Chemicals & Petrochemicals |
| Atul Limited |
| Consumer Durables |
| Voltas Limited |
| Electrical Equipment |
| Thermax Limited |
| IT - Software |
| MindTree Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Laurus Labs Limited |
| Natco Pharma Limited |
| Telecom - Services |
| Tata Communications Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| Automobiles |
| TVS Motor Company Limited |
| Consumer Durables |
| TTK Prestige Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Telecom - Services |
| Bharti Airtel 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 | |
| Crompton Greaves Consumer Electricals Limited | 2.40% |
| Bata India Limited | 2.28% |
| Kajaria Ceramics Ltd | 2.12% |
| Voltas Ltd | 1.77% |
| TTK Prestige Limited | 1.45% |
| Century Plyboards (India) Limited | 0.82% |
| Banks | |
| The Federal Bank Limited | 4.08% |
| Axis Bank Ltd | 3.43% |
| State Bank of India | 2.14% |
| Pharmaceuticals & Biotechnology | |
| IPCA Laboratories Limited | 2.02% |
| Laurus Labs Limited | 1.91% |
| Lupin Limited | 1.72% |
| Natco Pharma Limited | 1.49% |
| Ajanta Pharma Ltd | 0.84% |
| Industrial Products | |
| Bharat Forge Limited | 3.34% |
| SKF India Limited | 1.86% |
| Prince Pipes And Fittings Limited | 1.34% |
| Finance | |
| Shriram Transport Finance Company Limited | 3.20% |
| Power Finance Corporation Ltd | 2.12% |
| Auto Components | |
| MRF Limited | 1.31% |
| Motherson Sumi Wiring India Limited | 1.24% |
| CEAT Limited | 1.13% |
| Craftsman Automation Limited | 0.97% |
| Sona BLW Precision Forgings Limited | 0.55% |
| IT - Software | |
| Coforge Limited | 1.56% |
| MindTree Limited | 1.31% |
| Tata Consultancy Services Ltd | 1.14% |
| MphasiS Limited | 0.98% |
| Cement & Cement Products | |
| Nuvoco Vistas Corporation Limited | 2.15% |
| JK Cement Limited | 1.72% |
| Automobiles | |
| TVS Motor Company Ltd | 3.85% |
| Transport Services | |
| Container Corporation of India Limited | 1.93% |
| Delhivery Limited | 1.70% |
| Chemicals & Petrochemicals | |
| Atul Limited | 1.88% |
| Chemplast Sanmar Limited | 0.91% |
| Sudarshan Chemical Industries Limited | 0.71% |
| Gas | |
| Gujarat State Petronet Limited | 1.97% |
| Indraprastha Gas Limited | 0.99% |
| Power | |
| NTPC Ltd | 2.93% |
| Telecom - Services | |
| Tata Communications Limited | 1.43% |
| Bharti Airtel Ltd | 1.33% |
| Healthcare Services | |
| Fortis Healthcare Limited | 1.41% |
| Krishna Institute Of Medical Sciences Limited | 1.32% |
| Ferrous Metals | |
| Jindal Steel & Power Limited | 2.59% |
| Personal Products | |
| Emami Limited | 2.54% |
| Textiles & Apparels | |
| Page Industries Ltd | 2.25% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 2.12% |
| Electrical Equipment | |
| Thermax Limited | 2.11% |
| Industrial Manufacturing | |
| Honeywell Automation India Limited | 2.10% |
| Insurance | |
| Max Financial Services Ltd | 1.83% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 1.51% |
| Capital Markets | |
| UTI Asset Management Company Limited | 1.37% |
| Leisure Services | |
| Westlife Development Limited | 1.23% |
| Petroleum Products | |
| Hindustan Petroleum Corporation Ltd | 0.97% |
| Entertainment | |
| Zee Entertainment Enterprises Ltd | 0.92% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.53% |
| Equity Holding Total | 98.85% |
| Cash & Other Receivables | 1.15% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MAMCF | 3.50% |
26.40% |
26.77% |
|
| Scheme Benchmark* | 3.65% |
26.53% |
25.73% |
|
| Additional Benchmark** | -1.64% |
15.39% |
15.48% |
|
| NAV as on 30th September, 2022 | ₹ 21.238 | |||
| Index Value (30th September, 2022) | Index Value of Scheme benchmark is 14,556.43 and S&P BSE Sensex (TRI) is 86,644.98 |
|||
| 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 30-September-2022 |
SI |
380,000 |
582,312 |
1 Yr |
360,000 |
539,173 |
3 Yrs |
120,000 |
124,116 |
Returns (%) |
Period |
||
SI |
1yr |
3yrs |
|
Fund Return& (%) |
28.09 |
28.11 |
6.44 |
Benchmark Return& (%) |
28.30 |
28.47 |
9.19 |
Add. Benchmark Return& (%) |
16.85 |
16.88 |
1.03 |
& 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