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 March 31, 2022 | 11,086.24 |
| Net AUM (₹ Cr.) | 11,790.17 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on March 31, 2022 |
Regular Plan: 1.85% Direct Plan: 0.59% |
| **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 | ₹ 33.432 | ₹ 30.576 |
| IDCW | ₹ 23.655 | ₹ 20.786 |
| Volatility | 21.86% |
| Beta: | 0.97 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.75 |
| Information Ratio | 1.22 |
| Portfolio Turnover Ratio | 0.69 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. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 7.15% | |
| ICICI Bank Ltd | 6.65% | |
| Axis Bank Ltd | 4.25% | |
| State Bank of India | 3.51% | |
| Kotak Mahindra Bank Ltd | 0.95% | |
| Equitas Small Finance Bank Ltd | 0.85% | |
| Software | ||
| Infosys Ltd | 7.54% | |
| Tata Consultancy Services Ltd | 2.75% | |
| HCL Technologies Ltd | 2.15% | |
| MphasiS Ltd | 1.02% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 6.31% | |
| Bharat Petroleum Corporation Ltd | 1.29% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 2.39% | |
| Torrent Pharmaceuticals Ltd | 1.44% | |
| Aurobindo Pharma Ltd | 1.26% | |
| Gland Pharma Ltd | 1.15% | |
| Dr. Reddy's Laboratories Ltd | 0.06% | |
| Divi's Laboratories Ltd | 0.00% | |
| Consumer Non Durables | ||
| Hindustan Unilever Ltd | 1.75% | |
| ITC Ltd | 1.66% | |
| Britannia Industries Ltd | 1.34% | |
| Dabur India Ltd | 0.78% | |
| Emami Ltd | 0.25% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 1.95% | |
| Muthoot Finance Ltd | 1.31% | |
| SBI Cards and Payment Services Ltd | 0.90% | |
| Cholamandalam Investment and Finance Company Ltd | 0.67% | |
| Power Finance Corporation Ltd | 0.57% | |
| Consumer Durables | ||
| Havells India Ltd | 1.61% | |
| Orient Electric Ltd | 1.16% | |
| Greenply Industries Ltd | 0.91% | |
| Voltas Ltd | 0.50% | |
| Titan Company Ltd | 0.28% | |
| Insurance | ||
| HDFC Life Insurance Company Ltd | 1.41% | |
| Max Financial Services Ltd | 1.14% | |
| ICICI Lombard General Insurance Company Ltd | 0.99% | |
| SBI Life Insurance Company Ltd | 0.87% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.67% | |
| Tata Motors Ltd | 1.19% | |
| Ashok Leyland Ltd | 0.45% | |
| Auto Ancillaries | ||
| Balkrishna Industries Ltd | 1.23% | |
| Sona BLW Precision Forgings Ltd | 0.75% | |
| Motherson Sumi Wiring India Ltd | 0.64% | |
| S.J.S. Enterprises Ltd | 0.34% | |
| CEAT Ltd | 0.26% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 1.41% | |
| Ambuja Cements Ltd | 1.40% | |
| Chemicals | ||
| Vinati Organics Ltd | 1.14% | |
| Chemplast Sanmar Ltd | 1.00% | |
| Atul Ltd | 0.40% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.52% | |
| Industrial Products | ||
| SKF India Ltd | 1.49% | |
| Prince Pipes And Fittings Ltd | 0.99% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.84% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.81% | |
| Power | ||
| NTPC Ltd | 1.41% | |
| Gas | ||
| Gujarat State Petronet Ltd | 1.40% | |
| Capital Markets | ||
| UTI Asset Management Company Ltd | 0.81% | |
| Indian Energy Exchange Ltd | 0.49% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 0.96% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.62% | |
| Industrial Capital Goods | ||
| Tega Industries Ltd | 0.50% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.46% | |
| Retailing | ||
| FSN E-Commerce Ventures Ltd | 0.29% | |
| Zomato Ltd | 0.02% | |
| Textile Products | ||
| Page Industries Ltd | 0.27% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 0.24% | |
| Equity Holding Total | 98.74% | |
| Cash & Other Receivables | 1.26% | |
| Total | 100.00% | |
| New Position Bought |
| Pharmaceuticals |
| Gland Pharma Limited |
| Auto Ancillaries |
| Motherson Sumi Wiring India Limited |
| Consumer Non Durables |
| Emami Limited |
| Transportation |
| Gateway Distriparks Limited |
| Positions Increased |
| Stock |
| Power |
| NTPC Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Reliance Industries Limited |
| Gas |
| Gujarat State Petronet Limited |
| Banks |
| Kotak Mahindra Bank Limited |
| ICICI Bank Limited |
| Finance |
| Muthoot Finance Limited |
| SBI Cards and Payment Services Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| JK Cement Limited |
| Construction Project |
| Larsen & Toubro Limited |
| Industrial Products |
| SKF India Limited |
| Insurance |
| ICICI Lombard General Insurance Company Limited |
| Consumer Durables |
| Havells India Limited |
| Titan Company Limited |
| Greenply Industries Limited |
| Industrial Capital Goods |
| Tega Industries Limited |
| Textile Products |
| Page Industries Limited |
| Auto |
| Maruti Suzuki India Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Hindustan Unilever Limited |
| Britannia Industries Limited |
| Auto Ancillaries |
| S.J.S. Enterprises Limited |
| Pharmaceuticals |
| Aurobindo Pharma Limited |
| Positions Decreased |
| Stock |
| Auto |
| Tata Motors Limited |
| Ashok Leyland Limited |
| Retailing |
| Zomato Limited |
| Software |
| Tata Consultancy Services Limited |
| Infosys Limited |
| MphasiS Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Chemicals |
| Atul Limited |
| Consumer Durables |
| Voltas Limited |
| Banks |
| State Bank of India |
| Pharmaceuticals |
| Dr. Reddy's Laboratories Limited |
| Auto Ancillaries |
| Sona BLW Precision Forgings Limited |
| Consumer Non Durables |
| ITC 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 |
15-Mar-21 |
1.60 per Unit |
10 |
20.708 |
14-Mar-22 |
1.75 per Unit |
10 |
20.649 |
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 | 20.26% |
20.21% |
17.85% |
19.55% |
| Scheme Benchmark* (Tier-1) | 22.29% |
16.78% |
14.55% |
14.95% |
| Scheme Benchmark* (Tier-2) | 21.37% |
16.12% |
14.52% |
14.80% |
| Additional Benchmark** | 19.50% |
16.10% |
15.94% |
15.20% |
| NAV as on 28th February, 2022 | 30.576 | |||
| Index Value (28th February, 2022) | Index Value of Scheme benchmark is 22,889.14 / 11,810.19 and S&P BSE Sensex (TRI) is 87,545.23 |
|||
| 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 31-March-2022 |
SI |
740,000 |
1,376,177 |
5 Yrs |
600,000 |
989,291 |
3 Yr |
360,000 |
528,683 |
1 Yr |
120,000 |
125,839 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
19.97 |
20.13 |
26.68 |
9.21 |
Benchmark Return (Tier-1)& (%) |
16.87 |
17.71 |
25.12 |
12.85 |
Benchmark Return (Tier-2)& (%) |
16.57 |
17.31 |
24.01 |
12.77 |
Add. Benchmark Return& (%) |
17.09 |
17.70 |
22.55 |
13.53 |
& 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