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) |
Monthly and Quarterly: Minimum installment of ₹500/- 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 (Payout & Re-investment) For Mirae Asset Tax Saver Fund only growth and IDCW payout option are available. |
| Monthly Average AUM (₹ Cr.) as on September 30, 2022 | 13,167.34 |
| Net AUM (₹ Cr.) | 12,924.97 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on September 30, 2022 |
Regular Plan: 1.63% Direct Plan: 0.50% |
| **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 | ₹ 33.098 | ₹ 30.095 |
| IDCW^ | ₹ 23.418 | ₹ 20.458 |
| Volatility | 22.69% |
| Beta: | 0.97 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.56 |
| Information Ratio | 0.40 |
| Portfolio Turnover Ratio | 0.75 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. |
|
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 8.05% |
| ICICI Bank Ltd | 7.02% |
| Axis Bank Ltd | 4.60% |
| State Bank of India | 3.65% |
| Kotak Mahindra Bank Ltd | 1.75% |
| IT - Software | |
| Infosys Ltd | 5.20% |
| Tata Consultancy Services Ltd | 2.54% |
| HCL Technologies Limited | 2.11% |
| MphasiS Limited | 0.09% |
| Petroleum Products | |
| Reliance Industries Ltd | 5.55% |
| Bharat Petroleum Corporation Limited | 1.36% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 2.00% |
| Gland Pharma Limited | 1.76% |
| Aurobindo Pharma Ltd | 1.10% |
| Torrent Pharmaceuticals Ltd | 1.02% |
| Divi's Laboratories Ltd | 0.27% |
| Finance | |
| SBI Cards and Payment Services Limited | 1.73% |
| Housing Development Finance Corporation Ltd | 1.52% |
| Shriram Transport Finance Company Limited | 1.02% |
| Muthoot Finance Limited | 0.90% |
| Consumer Durables | |
| Havells India Ltd | 1.82% |
| Titan Company Ltd | 0.98% |
| Greenply Industries Limited | 0.87% |
| Orient Electric Limited | 0.56% |
| Industrial Products | |
| SKF India Limited | 1.93% |
| Bharat Forge Limited | 0.91% |
| Prince Pipes And Fittings Limited | 0.90% |
| Telecom - Services | |
| Bharti Airtel Ltd | 3.43% |
| Automobiles | |
| Maruti Suzuki India Ltd | 1.40% |
| TVS Motor Company Ltd | 1.05% |
| Tata Motors Limited | 0.86% |
| Auto Components | |
| Sona BLW Precision Forgings Limited | 1.18% |
| Balkrishna Industries Ltd | 0.91% |
| CEAT Limited | 0.71% |
| S.J.S. Enterprises Limited | 0.15% |
| Cement & Cement Products | |
| JK Cement Limited | 1.74% |
| Nuvoco Vistas Corporation Limited | 0.74% |
| Ambuja Cements Limited | 0.34% |
| Insurance | |
| Max Financial Services Ltd | 1.05% |
| SBI Life Insurance Company Limited | 0.69% |
| ICICI Lombard General Insurance Company Limited | 0.53% |
| HDFC Life Insurance Company Ltd | 0.46% |
| Construction | |
| Larsen & Toubro Ltd | 2.32% |
| Personal Products | |
| Emami Limited | 1.07% |
| Dabur India Ltd | 1.04% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 1.03% |
| Chemplast Sanmar Limited | 0.58% |
| Atul Limited | 0.39% |
| Diversified FMCG | |
| ITC Ltd | 1.30% |
| Hindustan Unilever Ltd | 0.58% |
| Power | |
| NTPC Ltd | 1.74% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 1.13% |
| UTI Asset Management Company Limited | 0.53% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.57% |
| Gas | |
| Gujarat State Petronet Limited | 1.23% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 1.17% |
| Transport Services | |
| Delhivery Limited | 0.58% |
| Gateway Distriparks Limited | 0.57% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.82% |
| One 97 Communications Limited | 0.26% |
| Retailing | |
| Zomato Limited | 1.04% |
| Food Products | |
| Britannia Industries Ltd | 0.95% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.87% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.77% |
| Aerospace & Defense | |
| MTAR Technologies Limited | 0.40% |
| Bharat Electronics Ltd | 0.24% |
| Realty | |
| Prestige Estates Projects Limited | 0.31% |
| Industrial Manufacturing | |
| Tega Industries Limited | 0.26% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.19% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Limited | 0.13% |
| Equity Holding Total | 99.51% |
| Cash & Other Receivables | 0.49% |
| Total | 100.00% |
| New Position Bought |
| Stock |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Industrial Products |
| Bharat Forge Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Realty |
| Prestige Estates Projects Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| MTAR Technologies Limited |
| Auto Components |
| Balkrishna Industries Limited |
| Banks |
| HDFC Bank Limited |
| Kotak Mahindra Bank Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Greenply Industries Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| ITC Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Food Products |
| Britannia Industries Limited |
| IT - Software |
| HCL Technologies Limited |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Power |
| NTPC Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| S.J.S. Enterprises Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| TVS Motor Company Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Consumer Durables |
| Orient Electric Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Finance |
| Muthoot Finance Limited |
| SBI Cards and Payment Services Limited |
| Shriram Transport Finance Company Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| MphasiS Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Divi's Laboratories Limited |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
06-Dec-18 |
0.44 per Unit |
10 |
14.221 |
16-Jan-20 |
0.84 per Unit |
10 |
16.653 |
23-Mar-21 |
1.60 per Unit |
10 |
20.708 |
14-Mar-22 |
1.75 per Unit |
10 |
21.864 |
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 | -3.27% |
19.33% |
14.54% |
17.70% |
| Scheme Benchmark* (Tier-1) | -0.22% |
17.95% |
12.79% |
13.83% |
| Scheme Benchmark* (Tier-2) | -0.53% |
16.95% |
12.80% |
13.66% |
| Additional Benchmark** | -1.64% |
15.39% |
14.22% |
13.82% |
| NAV as on 30th September, 2022 | ₹ 30.095 | |||
| Index Value (30th September, 2022) | Index Value of Scheme benchmark is 22,979.45 /11,835.22 and S&P BSE Sensex (TRI) is 86,644.98 |
|||
| Allotment Date | 28th December, 2015 | |||
| Scheme Benchmark | *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Neelesh Surana managing the scheme since 28th December, 2015
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 |
810,000 |
1,444,795 |
5 Yrs |
600,000 |
909,486 |
3 Yr |
360,000 |
477,189 |
1 Yr |
120,000 |
118,597 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
16.89 |
16.66 |
19.21 |
-2.16 |
Benchmark Return (Tier-1)& (%) |
14.72 |
15.56 |
20.01 |
2.76 |
Benchmark Return (Tier-2)& (%) |
14.40 |
15.05 |
19.02 |
2.47 |
Add. Benchmark Return& (%) |
14.49 |
14.63 |
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*
• Growth of capital over long term
• Invests predominantly in equity and equity related instruments: ELSS with a 3 year lock in period & tax benefits
*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