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 Febraury 28, 2022 | 7,137.92 |
| Net AUM (₹ Cr.) |
7,031.65 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on Febraury 28, 2022 |
Regular Plan: 1.82% Direct Plan: 0.58% |
| **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 | ₹ 20.607 | ₹ 19.795 |
| IDCW | ₹ 20.609 | ₹ 19.788 |
| Portfolio Turnover Ratio | 0.48 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 28th February, 2022. ^Basis last rolling 12 months. |
|
| Positions Increased |
| Stock |
| Healthcare Services |
| Fortis Healthcare Limited |
| Power |
| NTPC Limited |
| Banks |
| State Bank of India |
| Capital Markets |
| UTI Asset Management Company Limited |
| Pharmaceuticals |
| Lupin Limited |
| IPCA Laboratories Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| Transportation |
| Container Corporation of India Limited |
| Aerospace & Defense |
| Hindustan Aeronautics Limited |
| Auto |
| TVS Motor Company Limited |
| Consumer Non Durables |
| Kansai Nerolac Paints Limited |
| Chemicals |
| Sudarshan Chemical Industries Limited |
| Atul Limited |
| Pesticides |
| Bayer Cropscience Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Bata India Limited |
| Textile Products |
| Page Industries Limited |
| Industrial Capital Goods |
| Honeywell Automation India Limited |
| Positions Decreased |
| Stock |
| Pharmaceuticals |
| Ajanta Pharma Limited |
| Consumer Non Durables |
| Colgate Palmolive (India) Limited |
| Consumer Durables |
| Voltas Limited |
| Century Plyboards (India) Limited |
| Portfolio Holdings | % Allocation | |
| Consumer Durables | ||
| Crompton Greaves Consumer Electricals Limited | 2.69% | |
| Voltas Ltd | 2.65% | |
| Bata India Limited | 2.64% | |
| Kajaria Ceramics Ltd | 1.84% | |
| Century Plyboards (India) Limited | 1.11% | |
| TTK Prestige Limited | 1.09% | |
| Banks | ||
| The Federal Bank Limited | 3.86% | |
| Axis Bank Ltd | 3.70% | |
| State Bank of India | 2.75% | |
| Pharmaceuticals | ||
| IPCA Laboratories Limited | 2.47% | |
| Natco Pharma Limited | 2.13% | |
| Ajanta Pharma Ltd | 1.59% | |
| Lupin Limited | 1.43% | |
| Software | ||
| MphasiS Limited | 2.28% | |
| MindTree Limited | 2.21% | |
| Tata Consultancy Services Ltd | 1.77% | |
| Consumer Non Durables | ||
| Varun Beverages Limited | 1.91% | |
| Emami Limited | 1.86% | |
| Jyothy Labs Limited | 0.93% | |
| Kansai Nerolac Paints Limited | 0.74% | |
| Colgate Palmolive (India) Limited | 0.60% | |
| Industrial Products | ||
| Bharat Forge Limited | 3.26% | |
| Prince Pipes And Fittings Limited | 1.70% | |
| SKF India Limited | 1.07% | |
| Chemicals | ||
| SRF Limited | 2.06% | |
| Atul Limited | 1.71% | |
| Chemplast Sanmar Limited | 1.03% | |
| Sudarshan Chemical Industries Limited | 0.72% | |
| Finance | ||
| Shriram Transport Finance Company Limited | 2.51% | |
| Power Finance Corporation Ltd | 2.16% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 2.07% | |
| Hindustan Aeronautics Limited | 1.63% | |
| Ferrous Metals | ||
| Jindal Steel & Power Limited | 3.50% | |
| Cement & Cement Products | ||
| JK Cement Limited | 1.91% | |
| Nuvoco Vistas Corporation Limited | 1.52% | |
| Healthcare Services | ||
| Fortis Healthcare Limited | 1.91% | |
| Krishna Institute Of Medical Sciences Limited | 1.15% | |
| Auto Ancillaries | ||
| MRF Limited | 1.38% | |
| Craftsman Automation Limited | 0.93% | |
| CEAT Limited | 0.73% | |
| Industrial Capital Goods | ||
| Thermax Limited | 1.98% | |
| Honeywell Automation India Limited | 0.91% | |
| Auto | ||
| TVS Motor Company Ltd | 2.75% | |
| Power | ||
| NTPC Ltd | 2.75% | |
| Textile Products | ||
| Page Industries Ltd | 2.58% | |
| Gas | ||
| Gujarat State Petronet Limited | 2.50% | |
| Insurance | ||
| Max Financial Services Ltd | 2.38% | |
| Pesticides | ||
| Bayer Cropscience Limited | 2.02% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 1.95% | |
| Capital Markets | ||
| UTI Asset Management Company Limited | 1.91% | |
| Transportation | ||
| Container Corporation of India Limited | 1.85% | |
| Leisure Services | ||
| Westlife Development Limited | 0.49% | |
| Equity Holding Total | 99.27% | |
| Cash & Other Receivables | 0.73% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMCF | 23.91% |
30.18% |
||
| Scheme Benchmark* | 21.58% |
27.45% |
||
| Additional Benchmark** | 15.65% |
17.93% |
||
| NAV as on 28th February, 2022 | 19.795 | |||
| Index Value (28th February, 2022) | Index Value of Scheme benchmark is 13,183.22 and S&P BSE Sensex (TRI) is 84,075.57 | |||
| 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 28-February-2022 |
SI |
310,000 |
473,221 |
1 Yr |
120,000 |
125,540 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
34.98 |
8.74 |
Benchmark Return& (%) |
32.48 |
5.17 |
Add. Benchmark Return& (%) |
22.16 |
7.06 |
& 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