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 | Tier-1 - Nifty Midcap 150 (TRI) Tier-2 - |
| Minimum Investment Amount |
Investors can invest under the scheme with a minimum investment of ₹5,000/- 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 January 31, 2022 | 7,241.95 |
| Net AUM (₹ Cr.) |
7,267.43 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on January 31, 2022 |
Regular Plan: 1.84% Direct Plan: 0.52% |
| **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 | ₹ 21.842 | ₹ 21.002 |
| IDCW | ₹ 21.843 | ₹ 20.995 |
| Portfolio Turnover Ratio^ | 0.52 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 January, 2022. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Aerospace & Defense |
| Hindustan Aeronautics Limited |
| Transportation |
| Container Corporation of India Limited |
| Positions Exited |
| Stock |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Positions Increased |
| Stock |
| Pharmaceuticals |
| IPCA Laboratories Limited |
| Lupin Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Finance |
| Power Finance Corporation Limited |
| Shriram Transport Finance Company Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Auto |
| TVS Motor Company Limited |
| Software |
| MindTree Limited |
| Tata Consultancy Services Limited |
| Pesticides |
| Bayer Cropscience Limited |
| Industrial Capital Goods |
| Honeywell Automation India Limited |
| Chemicals |
| Atul Limited |
| Sudarshan Chemical Industries Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Positions Decreased |
| Stock |
| Power |
| NTPC Limited |
| Banks |
| Axis Bank Limited |
| State Bank of India |
| Consumer Non Durables |
| Kansai Nerolac Paints Limited |
| Consumer Durables |
| TTK Prestige Limited |
| Century Plyboards (India) Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Chemicals |
| SRF Limited |
| Industrial Capital Goods |
| Thermax Limited |
| Industrial Products |
| SKF India Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Portfolio Holdings | % Allocation | |
| Consumer Durables | ||
| Bata India Limited | 2.77% | |
| Voltas Ltd | 2.69% | |
| Crompton Greaves Consumer Electricals Limited | 2.58% | |
| Kajaria Ceramics Ltd | 1.88% | |
| TTK Prestige Limited | 1.28% | |
| Century Plyboards (India) Limited | 1.10% | |
| Banks | ||
| The Federal Bank Limited | 3.88% | |
| Axis Bank Ltd | 3.72% | |
| State Bank of India | 2.67% | |
| Pharmaceuticals | ||
| IPCA Laboratories Limited | 2.30% | |
| Natco Pharma Limited | 2.15% | |
| Ajanta Pharma Ltd | 2.01% | |
| Lupin Limited | 1.44% | |
| Software | ||
| MindTree Limited | 2.21% | |
| MphasiS Limited | 2.20% | |
| Tata Consultancy Services Ltd | 1.80% | |
| Consumer Non Durables | ||
| Emami Limited | 1.81% | |
| Varun Beverages Limited | 1.77% | |
| Jyothy Labs Limited | 0.92% | |
| Colgate Palmolive (India) Limited | 0.92% | |
| Kansai Nerolac Paints Limited | 0.64% | |
| Industrial Products | ||
| Bharat Forge Limited | 3.14% | |
| Prince Pipes And Fittings Limited | 1.74% | |
| SKF India Limited | 1.01% | |
| Chemicals | ||
| SRF Limited | 2.01% | |
| Atul Limited | 1.58% | |
| Chemplast Sanmar Limited | 1.16% | |
| Sudarshan Chemical Industries Limited | 0.71% | |
| Finance | ||
| Shriram Transport Finance Company Limited | 2.65% | |
| Power Finance Corporation Ltd | 2.32% | |
| Cement & Cement Products | ||
| JK Cement Limited | 2.15% | |
| Nuvoco Vistas Corporation Limited | 1.92% | |
| Auto Ancillaries | ||
| MRF Limited | 1.47% | |
| Craftsman Automation Limited | 0.92% | |
| CEAT Limited | 0.79% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 1.99% | |
| Hindustan Aeronautics Limited | 1.17% | |
| Ferrous Metals | ||
| Jindal Steel & Power Limited | 3.08% | |
| Industrial Capital Goods | ||
| Thermax Limited | 2.20% | |
| Honeywell Automation India Limited | 0.87% | |
| Healthcare Services | ||
| Fortis Healthcare Limited | 1.81% | |
| Krishna Institute Of Medical Sciences Limited | 1.18% | |
| Power | ||
| NTPC Ltd | 2.74% | |
| Insurance | ||
| Max Financial Services Ltd | 2.65% | |
| Gas | ||
| Gujarat State Petronet Limited | 2.51% | |
| Auto | ||
| TVS Motor Company Ltd | 2.44% | |
| Textile Products | ||
| Page Industries Ltd | 2.32% | |
| Pesticides | ||
| Bayer Cropscience Limited | 2.03% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.01% | |
| Transportation | ||
| Container Corporation of India Limited | 1.70% | |
| Capital Markets | ||
| UTI Asset Management Company Limited | 1.49% | |
| Leisure Services | ||
| Westlife Development Limited | 0.51% | |
| Equity Holding Total | 99.02% | |
| Cash & Other Receivables | 0.98% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMCF | 44.33 |
34.36 |
||
| Scheme Benchmark* | 45.81 |
32.01 |
||
| Additional Benchmark** | 26.45 |
19.92 |
||
| NAV as on 31st January, 2022 | 21.002 | |||
| Index Value (31st January, 2022) | Index Value of Scheme benchmark is 14,133.66 and S&P BSE Sensex (TRI) is 86,594.54 | |||
| Allotment Date | 29 July, 2019 | |||
| Scheme Benchmark | *Tier-1-Nifty Midcap 150 (TRI) Tier-2 - | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. . Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Ankit Jain managing the scheme since July, 2019
| Period | Total Amount Invested | Mkt Value as on 31-January-2022 |
SI |
300,000 |
493,447 |
1 Yr |
120,000 |
137,434 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
43.25 |
27.92 |
Benchmark Return& (%) |
41.53 |
26.62 |
Add. Benchmark Return& (%) |
26.58 |
16.78 |
& 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 