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) |
Minimum installment of ₹500/- (monthly / quarterly frequency) 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 For Mirae Asset Tax Saver Fund only growth and IDCW payout option are available. |
| Monthly Average AUM (₹ Cr.) as on January 31, 2022 | 11,031.36 |
| Net AUM (₹ Cr.) | 10,971.85 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on January 31, 2022 |
Regular Plan: 1.75% Direct Plan: 0.47% |
| **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 | ₹ 33.890 | ₹ 31.057 |
| IDCW | ₹ 26.097 | ₹ 22.968 |
| Volatility | 21.95% |
| Beta: | 0.97 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.89 |
| Information Ratio | 1.35 |
| Portfolio Turnover Ratio^ | 0.70 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. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 7.76% | |
| ICICI Bank Ltd | 7.70% | |
| Axis Bank Ltd | 4.64% | |
| State Bank of India | 4.14% | |
| Equitas Small Finance Bank Limited | 0.99% | |
| Kotak Mahindra Bank Ltd | 0.05% | |
| Software | ||
| Infosys Ltd | 7.38% | |
| Tata Consultancy Services Ltd | 3.68% | |
| HCL Technologies Limited | 2.10% | |
| MphasiS Limited | 1.25% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.00% | |
| Bharat Petroleum Corporation Limited | 0.66% | |
| Consumer Durables | ||
| Orient Electric Limited | 1.29% | |
| Havells India Ltd | 1.26% | |
| Voltas Ltd | 1.25% | |
| Greenply Industries Limited | 0.90% | |
| Titan Company Ltd | 0.55% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 2.09% | |
| Muthoot Finance Limited | 1.17% | |
| SBI Cards and Payment Services Limited | 0.91% | |
| Power Finance Corporation Ltd | 0.66% | |
| Cholamandalam Investment and Finance Company Limited | 0.43% | |
| Insurance | ||
| Max Financial Services Ltd | 1.55% | |
| HDFC Life Insurance Company Ltd | 1.43% | |
| SBI Life Insurance Company Limited | 1.02% | |
| ICICI Lombard General Insurance Company Limited | 0.93% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 2.34% | |
| Torrent Pharmaceuticals Ltd | 1.48% | |
| Dr. Reddy's Laboratories Ltd | 0.78% | |
| Divi's Laboratories Ltd | 0.00% | |
| Consumer Non Durables | ||
| Britannia Industries Ltd | 1.46% | |
| Hindustan Unilever Ltd | 1.38% | |
| ITC Ltd | 1.32% | |
| Dabur India Ltd | 0.22% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.89% | |
| Tata Motors Limited | 1.55% | |
| Ashok Leyland Limited | 0.85% | |
| Cement & Cement Products | ||
| JK Cement Limited | 2.01% | |
| Ambuja Cements Limited | 1.64% | |
| Auto Ancillaries | ||
| Balkrishna Industries Ltd | 1.16% | |
| Sona BLW Precision Forgings Limited | 0.86% | |
| MRF Limited | 0.72% | |
| CEAT Limited | 0.33% | |
| S.J.S. Enterprises Limited | 0.30% | |
| Chemicals | ||
| Vinati Organics Ltd | 1.24% | |
| Chemplast Sanmar Limited | 0.90% | |
| Atul Limited | 0.69% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.52% | |
| Industrial Products | ||
| SKF India Limited | 1.20% | |
| Prince Pipes And Fittings Limited | 1.09% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.90% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.88% | |
| Gas | ||
| Gujarat State Petronet Limited | 1.58% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 1.00% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 0.50% | |
| UTI Asset Management Company Limited | 0.46% | |
| Power | ||
| NTPC Ltd | 0.83% | |
| Transportation | ||
| Gateway Rail Freight Limited | 0.65% | |
| Industrial Capital Goods | ||
| Tega Industries Limited | 0.52% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Limited | 0.44% | |
| Retailing | ||
| FSN E-Commerce Ventures Limited | 0.31% | |
| Zomato Limited | 0.06% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.26% | |
| Textile Products | ||
| Page Industries Ltd | 0.11% | |
| Equity Holding Total | 99.20% | |
| Cash & Other Receivables | 0.80% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| New Position Bought |
| Stock |
| Power |
| NTPC Limited |
| Positions Exited |
| Stock |
| Transportation |
| Gateway Distriparks Limited |
| Positions Increased |
| Stock |
| Insurance |
| HDFC Life Insurance Company Limited |
| Max Financial Services Limited |
| ICICI Lombard General Insurance Company Limited |
| Software |
| Infosys Limited |
| HCL Technologies Limited |
| MphasiS Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Banks |
| ICICI Bank Limited |
| HDFC Bank Limited |
| Equitas Small Finance Bank Limited |
| Consumer Durables |
| Havells India Limited |
| Titan Company Limited |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Construction Project |
| Larsen & Toubro Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Industrial Capital Goods |
| Tega Industries Limited |
| Auto Ancillaries |
| S.J.S. Enterprises Limited |
| Positions Decreased |
| Stock |
| Capital Markets |
| Indian Energy Exchange Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Auto Ancillaries |
| MRF Limited |
| CEAT Limited |
| Auto |
| Maruti Suzuki India Limited |
| Chemicals |
| Atul Limited |
| Cement & Cement Products |
| JK Cement Limited |
| Consumer Durables |
| Voltas Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
06-Dec-18 |
0.50 per Unit |
10 |
14.618 |
16-Jan-20 |
0.95 per Unit |
10 |
16.328 |
23-Mar-21 |
1.60 per Unit |
10 |
20.708 |
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 | 34.81 |
23.39 |
20.45 |
20.42 |
| Scheme Benchmark* (Tier-1) | 33.23 |
19.63 |
16.47 |
15.37 |
| Scheme Benchmark* (Tier-2) | 30.95 |
18.75 |
16.23 |
15.12 |
| Additional Benchmark** | 26.45 |
18.26 |
17.33 |
15.43 |
| NAV as on 31st January, 2022 | 31.057 | |||
| Index Value (31st January, 2022) | Index Value of Scheme benchmark is 22,881.58/ 11,748.79 and S&P BSE Sensex (TRI) is 86,594.54 | |||
| Allotment Date | 28th December, 2015 | |||
| Scheme Benchmark | *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI) | |||
| 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. Neelesh Surana managing the scheme since 28th December, 2015
| Period | Total Amount Invested | Mkt Value as on 31-January-2022 |
SI |
720,000 |
1,377,342 |
5 Yrs |
600,000 |
1,033,075 |
3 Yr |
360,000 |
554,040 |
1 Yr |
120,000 |
132,501 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
21.49 |
21.87 |
30.07 |
19.82 |
Benchmark Return (Tier-1)& (%) |
17.70 |
18.58 |
26.93 |
20.12 |
Benchmark Return (Tier-2)& (%) |
17.22 |
17.97 |
25.40 |
18.48 |
Add. Benchmark Return& (%) |
17.57 |
18.22 |
23.53 |
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*
• 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.