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 August 31, 2022 | 13,003.63 |
| Net AUM (₹ Cr.) | 13,148.39 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on August 31, 2022 |
Regular Plan: 1.72% 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 | ₹ 34.123 | ₹ 31.059 |
| IDCW^ | ₹ 24.144 | ₹ 21.113 |
| Volatility | 22.68% |
| Beta: | 0.97 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.73 |
| Information Ratio | 0.36 |
| Portfolio Turnover Ratio | 0.73 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 August, 2022.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| HDFC Bank Ltd | 0.07764517 | |
| HDFC Bank Ltd | 7.76% | |
| ICICI Bank Ltd | 7.10% | |
| Axis Bank Ltd | 4.63% | |
| State Bank of India | 3.59% | |
| Kotak Mahindra Bank Ltd | 1.26% | |
| Equitas Small Finance Bank Limited | 0.27% | |
| Infosys Ltd | 0.04899167 | |
| Infosys Ltd | 4.90% | |
| Tata Consultancy Services Ltd | 2.55% | |
| HCL Technologies Limited | 1.88% | |
| MphasiS Limited | 0.68% | |
| Reliance Industries Ltd | 0.05866755 | |
| Reliance Industries Ltd | 5.87% | |
| Bharat Petroleum Corporation Limited | 1.53% | |
| Sun Pharmaceutical Industries Ltd | 0.02179212 | |
| Sun Pharmaceutical Industries Ltd | 2.18% | |
| Gland Pharma Limited | 1.95% | |
| Torrent Pharmaceuticals Ltd | 1.32% | |
| Aurobindo Pharma Ltd | 1.26% | |
| Divi's Laboratories Ltd | 0.50% | |
| SBI Cards and Payment Services Limited | 0.01996016 | |
| SBI Cards and Payment Services Limited | 2.00% | |
| Housing Development Finance Corporation Ltd | 1.60% | |
| Shriram Transport Finance Company Limited | 1.26% | |
| Muthoot Finance Limited | 0.99% | |
| Havells India Ltd | 0.01847022 | |
| Havells India Ltd | 1.85% | |
| Titan Company Ltd | 0.96% | |
| Greenply Industries Limited | 0.88% | |
| Orient Electric Limited | 0.75% | |
| Maruti Suzuki India Ltd | 0.01417819 | |
| Maruti Suzuki India Ltd | 1.42% | |
| TVS Motor Company Ltd | 1.35% | |
| Tata Motors Limited | 0.99% | |
| Bharti Airtel Ltd | 0.03416215 | |
| Bharti Airtel Ltd | 3.42% | |
| Sona BLW Precision Forgings Limited | 0.01304753 | |
| Sona BLW Precision Forgings Limited | 1.30% | |
| Balkrishna Industries Ltd | 0.86% | |
| CEAT Limited | 0.62% | |
| Motherson Sumi Wiring India Limited | 0.32% | |
| S.J.S. Enterprises Limited | 0.20% | |
| Max Financial Services Ltd | 0.01120019 | |
| Max Financial Services Ltd | 1.12% | |
| SBI Life Insurance Company Limited | 0.84% | |
| ICICI Lombard General Insurance Company Limited | 0.58% | |
| HDFC Life Insurance Company Ltd | 0.49% | |
| SKF India Limited | 0.01956212 | |
| SKF India Limited | 1.96% | |
| Prince Pipes And Fittings Limited | 0.90% | |
| JK Cement Limited | 0.01768221 | |
| JK Cement Limited | 1.77% | |
| Nuvoco Vistas Corporation Limited | 0.64% | |
| Larsen & Toubro Ltd | 0.02189768 | |
| Larsen & Toubro Ltd | 2.19% | |
| Vinati Organics Ltd | 0.01124763 | |
| Vinati Organics Ltd | 1.12% | |
| Chemplast Sanmar Limited | 0.57% | |
| Atul Limited | 0.39% | |
| Dabur India Ltd | 0.01045537 | |
| Dabur India Ltd | 1.05% | |
| Emami Limited | 1.01% | |
| Indian Energy Exchange Ltd | 0.0125875 | |
| Indian Energy Exchange Ltd | 1.26% | |
| UTI Asset Management Company Limited | 0.60% | |
| Tata Steel Ltd | 0.01639809 | |
| Tata Steel Ltd | 1.64% | |
| NTPC Ltd | 0.01540627 | |
| NTPC Ltd | 1.54% | |
| Gujarat State Petronet Limited | 0.01267138 | |
| Gujarat State Petronet Limited | 1.27% | |
| PB Fintech Limited | 0.00858601 | |
| PB Fintech Limited | 0.86% | |
| One 97 Communications Limited | 0.29% | |
| Gateway Distriparks Limited | 0.00564934 | |
| Gateway Distriparks Limited | 0.56% | |
| Delhivery Limited | 0.55% | |
| National Aluminium Company Limited | 0.0096122 | |
| National Aluminium Company Limited | 0.96% | |
| Zomato Limited | 0.00946127 | |
| Zomato Limited | 0.95% | |
| Krishna Institute Of Medical Sciences Limited | 0.00910582 | |
| Krishna Institute Of Medical Sciences Limited | 0.91% | |
| ITC Ltd | 0.00464206 | |
| ITC Ltd | 0.46% | |
| Hindustan Unilever Ltd | 0.41% | |
| Britannia Industries Ltd | 0.00842132 | |
| Britannia Industries Ltd | 0.84% | |
| Page Industries Ltd | 0.00762324 | |
| Page Industries Ltd | 0.76% | |
| MTAR Technologies Limited | 0.00394621 | |
| MTAR Technologies Limited | 0.39% | |
| Bharat Electronics Ltd | 0.01% | |
| Paradeep Phosphates Limited | 0.00285533 | |
| Paradeep Phosphates Limited | 0.29% | |
| Tega Industries Limited | 0.00268258 | |
| Tega Industries Limited | 0.27% | |
| Equity Holding Total | 99.45% | |
| Cash & Other Receivables | 0.55% | |
| Total | 100.00% | |
| New Position Bought |
| Stock |
| Aerospace & Defense |
| MTAR Technologies Limited |
| Positions Increased |
| Stock |
| Retailing |
| Zomato Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Pharmaceuticals & Biotechnology |
| Divi's Laboratories Limited |
| Gland Pharma Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Consumer Durables |
| Greenply Industries Limited |
| Auto Components |
| Balkrishna Industries Limited |
| CEAT Limited |
| Sona BLW Precision Forgings Limited |
| Banks |
| HDFC Bank Limited |
| Kotak Mahindra Bank Limited |
| Positions Decreased |
| Stock |
| Banks |
| Equitas Small Finance Bank Limited |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| S.J.S. Enterprises Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| ICICI Lombard General Insurance Company Limited |
| SBI Life Insurance Company Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Transport Services |
| Delhivery Limited |
| Consumer Durables |
| Orient Electric Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Construction |
| Larsen & Toubro Limited |
| Food Products |
| Britannia Industries Limited |
| Industrial Manufacturing |
| Tega Industries Limited |
| Pharmaceuticals & Biotechnology |
| 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 | 2.39% |
21.96% |
15.33% |
18.50% |
| Scheme Benchmark* (Tier-1) | 6.68% |
20.83% |
13.31% |
14.58% |
| Scheme Benchmark* (Tier-2) | 6.54% |
19.90% |
13.37% |
14.46% |
| Additional Benchmark** | 4.80% |
18.16% |
14.75% |
14.63% |
| NAV as on 30th August, 2022 | ₹ 31.059 | |||
| Index Value (30th August, 2022) | Index Value of Scheme benchmark is 23,740.37 / 12,270.25 and S&P BSE Sensex (TRI) is 89,828.75 |
|||
| 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-August-2022 |
SI |
800,000 |
1,481,019 |
5 Yrs |
600,000 |
948,779 |
3 Yr |
360,000 |
500,954 |
1 Yr |
120,000 |
122,541 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
18.23 |
18.40 |
22.73 |
3.97 |
Benchmark Return (Tier-1)& (%) |
16.03 |
17.27 |
23.53 |
10.09 |
Benchmark Return (Tier-2)& (%) |
15.81 |
16.92 |
22.73 |
10.46 |
Add. Benchmark Return& (%) |
15.91 |
16.55 |
20.47 |
8.63 |
& 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