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 March 31, 2022 | 7,173.75 |
| Net AUM (₹ Cr.) |
7,475.22 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on March 31, 2022 |
Regular Plan: 1.83% Direct Plan: 0.62% |
| **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 | ₹ 21.431 | ₹ 20.564 |
| IDCW | ₹ 19.706 | ₹ 18.882 |
| Portfolio Turnover Ratio | 0.47 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 March, 2022. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Auto Ancillaries |
| Motherson Sumi Wiring India Limited |
| Software |
| Coforge Limited |
| Positions Exited |
| Stock |
| Consumer Non Durables |
| Colgate Palmolive (India) Limited |
| Positions Increased |
| Stock |
| Auto |
| TVS Motor Company Limited |
| Banks |
| State Bank of India |
| Chemicals |
| Sudarshan Chemical Industries Limited |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Kajaria Ceramics Limited |
| TTK Prestige Limited |
| Consumer Non Durables |
| Emami Limited |
| Kansai Nerolac Paints Limited |
| Varun Beverages Limited |
| Finance |
| Power Finance Corporation Limited |
| Shriram Transport Finance Company Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Industrial Capital Goods |
| Honeywell Automation India Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| Leisure Services |
| Westlife Development Limited |
| Pharmaceuticals |
| Lupin Limited |
| Transportation |
| Container Corporation of India Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Chemicals |
| SRF Limited |
| Consumer Durables |
| Voltas Limited |
| Century Plyboards (India) Limited |
| Consumer Non Durables |
| Jyothy Labs Limited |
| Ferrous Metals |
| Jindal Steel & Power Limited |
| Industrial Capital Goods |
| Thermax Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation | |
| Consumer Durables | ||
| Bata India Ltd | 2.69% | |
| Crompton Greaves Consumer Electricals Ltd | 2.34% | |
| Voltas Ltd | 2.18% | |
| Kajaria Ceramics Ltd | 1.94% | |
| TTK Prestige Ltd | 1.32% | |
| Century Plyboards (India) Ltd | 1.02% | |
| Banks | ||
| The Federal Bank Ltd | 3.65% | |
| Axis Bank Ltd | 3.56% | |
| State Bank of India | 2.84% | |
| Pharmaceuticals | ||
| IPCA Laboratories Ltd | 2.52% | |
| Natco Pharma Ltd | 1.74% | |
| Ajanta Pharma Ltd | 1.58% | |
| Lupin Ltd | 1.50% | |
| Software | ||
| MphasiS Ltd | 1.85% | |
| Tata Consultancy Services Ltd | 1.75% | |
| MindTree Ltd | 1.58% | |
| Coforge Ltd | 1.49% | |
| Industrial Products | ||
| Bharat Forge Ltd | 3.39% | |
| Prince Pipes And Fittings Ltd | 1.58% | |
| SKF India Ltd | 1.18% | |
| Chemicals | ||
| SRF Ltd | 1.97% | |
| Atul Ltd | 1.79% | |
| Chemplast Sanmar Ltd | 1.36% | |
| Sudarshan Chemical Industries Ltd | 0.86% | |
| Consumer Non Durables | ||
| Varun Beverages Ltd | 1.85% | |
| Emami Ltd | 1.73% | |
| Jyothy Labs Ltd | 0.86% | |
| Kansai Nerolac Paints Ltd | 0.80% | |
| Finance | ||
| Shriram Transport Finance Company Ltd | 2.77% | |
| Power Finance Corporation Ltd | 2.36% | |
| Auto Ancillaries | ||
| MRF Ltd | 1.29% | |
| Craftsman Automation Ltd | 1.03% | |
| Motherson Sumi Wiring India Ltd | 1.02% | |
| CEAT Ltd | 0.66% | |
| Ferrous Metals | ||
| Jindal Steel & Power Ltd | 3.74% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 1.86% | |
| Hindustan Aeronautics Ltd | 1.64% | |
| Healthcare Services | ||
| Fortis Healthcare Ltd | 2.22% | |
| Krishna Institute Of Medical Sciences Ltd | 1.18% | |
| Cement & Cement Products | ||
| Nuvoco Vistas Corporation Ltd | 1.63% | |
| JK Cement Ltd | 1.53% | |
| Industrial Capital Goods | ||
| Thermax Ltd | 1.90% | |
| Honeywell Automation India Ltd | 1.22% | |
| Auto | ||
| TVS Motor Company Ltd | 2.92% | |
| Power | ||
| NTPC Ltd | 2.62% | |
| Textile Products | ||
| Page Industries Ltd | 2.48% | |
| Pesticides | ||
| Bayer Cropscience Ltd | 2.14% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.10% | |
| Transportation | ||
| Container Corporation of India Ltd | 2.06% | |
| Insurance | ||
| Max Financial Services Ltd | 2.04% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.92% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 1.85% | |
| Leisure Services | ||
| Westlife Development Ltd | 0.62% | |
| Equity Holding Total | 99.72% | |
| Cash & Other Receivables | 0.28% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMCF | 27.89% |
30.95% |
||
| Scheme Benchmark* | 25.05% |
28.73% |
||
| Additional Benchmark** | 19.5% |
19.1% |
||
| NAV as on 31st March, 2022 | 20.564 | |||
| Index Value (31st March, 2022) | Index Value of Scheme benchmark is 13,821.40 and S&P BSE Sensex (TRI) is 87,545.23 | |||
| 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-March-2022 |
SI |
320,000 |
501,994 |
1 Yr |
120,000 |
128,040 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
36.09 |
12.72 |
Benchmark Return& (%) |
34.51 |
11.33 |
Add. Benchmark Return& (%) |
24.09 |
12.92 |
& 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