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, 2023 | 14,175.36 |
| Net AUM (₹ Cr.) | 14,448.50 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on March 31, 2023 |
Regular Plan: 1.64% Direct Plan: 0.65% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 33.409 | ₹ 30.209 |
| IDCW | ₹ 21.592 | ₹ 18.784 |
| New Position Bought |
| Stock |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Kajaria Ceramics Limited |
| Positions Increased |
| Stock |
| Auto Components |
| CEAT Limited |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Tata Motors Limited |
| Banks |
| State Bank of India |
| Ferrous Metals |
| Tata Steel Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Financial Technology (Fintech) |
| One 97 Communications Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Manufacturing |
| Tega Industries Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| Insurance |
| Max Financial Services Limited |
| SBI Life Insurance Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Infosys Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Sun Pharmaceutical Industries Limited |
| Retailing |
| Zomato Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Chemicals & Petrochemicals |
| Chemplast Sanmar Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Titan Company Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| ITC Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Divi's Laboratories Limited |
| Torrent Pharmaceuticals Limited |
| Realty |
| Prestige Estates Projects Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 8.32% |
| ICICI Bank Ltd | 7.32% |
| Axis Bank Ltd | 4.60% |
| State Bank of India | 3.73% |
| Kotak Mahindra Bank Ltd | 1.63% |
| IT - Software | |
| Infosys Ltd | 4.71% |
| HCL Technologies Ltd | 3.11% |
| Tata Consultancy Services Ltd | 2.29% |
| Petroleum Products | |
| Reliance Industries Ltd | 7.07% |
| Bharat Petroleum Corporation Ltd | 0.00% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 2.25% |
| Gland Pharma Ltd | 1.34% |
| Biocon Ltd | 0.99% |
| Aurobindo Pharma Ltd | 0.84% |
| Torrent Pharmaceuticals Ltd | 0.52% |
| Divi's Laboratories Ltd | 0.02% |
| Finance | |
| Housing Development Finance Corporation Ltd | 2.60% |
| SBI Cards and Payment Services Ltd | 1.94% |
| Shriram Finance Ltd | 0.85% |
| Consumer Durables | |
| Titan Company Ltd | 1.04% |
| Havells India Ltd | 1.02% |
| Bata India Ltd | 0.92% |
| Crompton Greaves Consumer Electricals Ltd | 0.63% |
| Greenply Industries Ltd | 0.60% |
| Kajaria Ceramics Ltd | 0.46% |
| Industrial Products | |
| Bharat Forge Ltd | 1.62% |
| SKF India Ltd | 1.62% |
| Prince Pipes And Fittings Ltd | 0.80% |
| Construction | |
| Larsen & Toubro Ltd | 2.75% |
| Automobiles | |
| Tata Motors Ltd | 1.44% |
| Maruti Suzuki India Ltd | 1.30% |
| Cement & Cement Products | |
| JK Cement Ltd | 1.59% |
| Nuvoco Vistas Corporation Ltd | 0.56% |
| Ambuja Cements Ltd | 0.37% |
| Insurance | |
| SBI Life Insurance Company Ltd | 1.06% |
| Max Financial Services Ltd | 1.00% |
| HDFC Life Insurance Company Ltd | 0.39% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.41% |
| Power | |
| NTPC Ltd | 2.39% |
| Auto Components | |
| Sona BLW Precision Forgings Ltd | 1.32% |
| CEAT Ltd | 0.97% |
| Diversified FMCG | |
| ITC Ltd | 1.74% |
| Hindustan Unilever Ltd | 0.37% |
| Financial Technology (Fintech) | |
| PB Fintech Ltd | 1.53% |
| One 97 Communications Ltd | 0.40% |
| Chemicals & Petrochemicals | |
| Atul Ltd | 0.84% |
| Vinati Organics Ltd | 0.59% |
| Chemplast Sanmar Ltd | 0.37% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.78% |
| Transport Services | |
| Delhivery Ltd | 1.26% |
| Gateway Distriparks Ltd | 0.47% |
| Personal Products | |
| Dabur India Ltd | 0.97% |
| Emami Ltd | 0.68% |
| Gas | |
| Gujarat State Petronet Ltd | 1.53% |
| Leisure Services | |
| Sapphire Foods India Ltd | 1.33% |
| Retailing | |
| Zomato Ltd | 1.18% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Ltd | 0.96% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.91% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Ltd | 0.51% |
| Industrial Manufacturing | |
| Tega Industries Ltd | 0.45% |
| Realty | |
| Prestige Estates Projects Ltd | 0.37% |
| Non - Ferrous Metals | |
| National Aluminium Company Ltd | 0.35% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.26% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.06% |
| Food Products | |
| Britannia Industries Ltd | 0.00% |
| Equity Holding Total | 99.33% |
| Cash & Other Receivables | 0.67% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | -1.20% |
30.26% |
14.08% |
16.45% |
| Scheme Benchmark* (Tier-1) | -1.22% |
28.97% |
11.52% |
12.57% |
| Scheme Benchmark* (Tier-2) | -1.09% |
27.98% |
11.61% |
12.46% |
| Additional Benchmark** | 2.03% |
27.46% |
13.63% |
13.29% |
| NAV as on 31st March, 2023 | ₹ 30.209 | |||
| Index Value (31st March, 2023) | Index Value of Scheme benchmark is 22,609.54 / 11,681.18 and S&P BSE Sensex (TRI) is 89,326.31 |
|||
| 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.
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
| Period | Total Amount Invested | Mkt Value as on 31-March-2023 |
SI |
870,000 |
1,508,716 |
7 Yrs |
840,000 |
1,413,880 |
5 Yr |
600,000 |
860,786 |
3 Yr |
360,000 |
438,852 |
1 Yr |
120,000 |
119,073 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
14.90 |
14.63 |
14.43 |
13.33 |
-1.44 |
Benchmark Return (Tier-1)& (%) |
12.44 |
12.33 |
12.85 |
13.17 |
-2.92 |
Benchmark Return (Tier-2)& (%) |
12.24 |
12.12 |
12.42 |
12.69 |
-2.76 |
Add. Benchmark Return& (%) |
13.47 |
13.40 |
13.38 |
13.91 |
2.69 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 16.76% |
| Beta: | 0.95 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.34 |
| Information Ratio | 0.40 |
| Portfolio Turnover Ratio | 0.84 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, 2023.^Basis last rolling 12 months. |
|
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.
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
16-Jan-20 |
0.84 per Unit |
10 |
16.653 |
23-Mar-21 |
1.60 per Unit |
10 |
20.708 |
14-Mar-22 |
1.75 per Unit |
10 |
21.864 |
07-Feb-23 |
1.80 per Unit |
10 |
20.889 |
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