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 June 30, 2023 | 16,183.60 |
| Net AUM (₹ Cr.) | 16,633.98 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on June 30, 2023 |
Regular Plan: 1.61% Direct Plan: 0.56% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 37.567 | ₹ 33.873 |
| IDCW | ₹ 24.278 | ₹ 21.063 |
| New Position Bought |
| Stock |
| Pharmaceuticals & Biotechnology |
| Cipla Limited |
| Positions Increased |
| Stock |
| Banks |
| ICICI Bank Limited |
| Kotak Mahindra Bank Limited |
| State Bank of India |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Manufacturing |
| Tega Industries Limited |
| Industrial Products |
| Bharat Forge Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| Power |
| NTPC Limited |
| Realty |
| Prestige Estates Projects Limited |
| Retailing |
| Zomato Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Automobiles |
| Tata Motors Limited |
| Banks |
| Axis Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Chemicals & Petrochemicals |
| Atul Limited |
| Consumer Durables |
| Titan Company Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| Personal Products |
| Emami Limited |
| Pharmaceuticals & Biotechnology |
| Sun Pharmaceutical Industries Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| ICICI Bank Ltd | 7.75% |
| HDFC Bank Ltd | 7.64% |
| State Bank of India | 4.95% |
| Axis Bank Ltd | 3.01% |
| Kotak Mahindra Bank Ltd | 2.40% |
| IT - Software | |
| Infosys Ltd | 3.81% |
| HCL Technologies Limited | 3.14% |
| Tata Consultancy Services Ltd | 1.75% |
| Coforge Limited | 1.06% |
| Petroleum Products | |
| Reliance Industries Ltd | 6.66% |
| Bharat Petroleum Corporation Limited | 0.00% |
| Industrial Products | |
| Bharat Forge Limited | 2.11% |
| SKF India Limited | 1.95% |
| Prince Pipes And Fittings Limited | 0.86% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.98% |
| Gland Pharma Limited | 1.23% |
| Cipla Limited | 0.97% |
| Aurobindo Pharma Ltd | 0.70% |
| Divi's Laboratories Ltd | 0.02% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.72% |
| Bata India Limited | 1.49% |
| Greenply Industries Limited | 0.78% |
| Kajaria Ceramics Ltd | 0.76% |
| Titan Company Ltd | 0.03% |
| Finance | |
| Housing Development Finance Corporation Ltd | 2.66% |
| SBI Cards and Payment Services Limited | 1.87% |
| Insurance | |
| SBI Life Insurance Company Limited | 2.25% |
| Max Financial Services Ltd | 1.75% |
| HDFC Life Insurance Company Ltd | 0.01% |
| Construction | |
| Larsen & Toubro Ltd | 3.36% |
| Retailing | |
| Zomato Limited | 1.68% |
| FSN E-Commerce Ventures Limited | 1.55% |
| Power | |
| NTPC Ltd | 2.72% |
| Cement & Cement Products | |
| JK Cement Limited | 1.49% |
| Ambuja Cements Limited | 0.90% |
| Transport Services | |
| Delhivery Limited | 1.44% |
| Gateway Distriparks Limited | 0.47% |
| Telecom - Services | |
| Bharti Airtel Ltd | 1.90% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.73% |
| Chemicals & Petrochemicals | |
| Atul Limited | 0.69% |
| Vinati Organics Ltd | 0.67% |
| Chemplast Sanmar Limited | 0.30% |
| Personal Products | |
| Dabur India Ltd | 1.05% |
| Emami Limited | 0.58% |
| Gas | |
| Gujarat State Petronet Limited | 1.60% |
| Automobiles | |
| Tata Motors Limited | 1.00% |
| Maruti Suzuki India Ltd | 0.53% |
| Diversified FMCG | |
| ITC Ltd | 1.36% |
| Hindustan Unilever Ltd | 0.01% |
| Auto Components | |
| CEAT Limited | 1.29% |
| Leisure Services | |
| Sapphire Foods India Limited | 1.09% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 0.97% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.80% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Limited | 0.74% |
| Industrial Manufacturing | |
| Tega Industries Limited | 0.69% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.53% |
| Realty | |
| Prestige Estates Projects Limited | 0.51% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.32% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.01% |
| Equity Holding Total | 97.33% |
| Cash & Other Receivables | 2.67% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | 21.40% | 26.57% | 16.08% | 17.64% |
| Scheme Benchmark* (Tier-1) | 23.90% | 26.06% | 13.64% | 14.01% |
| Scheme Benchmark* (Tier-2) | 23.07% | 25.00% | 13.35% | 13.81% |
| Additional Benchmark** | 23.67% | 24.43% | 14.16% | 14.32% |
| NAV as on 30th June, 2023 | ₹ 33.873 | |||
| Index Value (30th June, 2023) | Index Value of Scheme benchmark is 25,605.81 / 13,152.79 and S&P BSE Sensex (TRI) is 98,623.85 |
|||
| 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 30-June-2023 |
SI |
9,00,000 | 17,24,083 |
7 Yrs |
8,40,000 | 15,16,593 |
5 Yr |
6,00,000 | 9,34,899 |
3 Yr |
3,60,000 | 4,54,589 |
1 Yr |
1,20,000 | 1,32,091 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
16.96 | 16.60 | 17.81 | 15.8 | 19.34 |
Benchmark Return (Tier-1)& (%) |
14.89 | 14.88 | 16.86 | 16.59 | 19.39 |
Benchmark Return (Tier-2)& (%) |
14.55 | 14.52 | 16.18 | 15.89 | 18.35 |
Add. Benchmark Return& (%) |
15.21 | 15.22 | 16.17 | 15.92 | 18.95 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Regular Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
07-Feb-23 |
1.80 |
10.00 |
20.89 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
07-Feb-23 |
2.10 |
10.00 |
24.01 |
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 & Direct Plan - IDCW Option
| Volatility | 13.80% |
| Beta: | 0.91 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.42 |
| Information Ratio | 0.17 |
| Portfolio Turnover Ratio | 0.91 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 30th June, 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.