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 September 29, 2023 | 18,087.97 |
| Net AUM (₹ Cr.) | 17,985.39 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on September 29, 2023 |
Regular Plan: 1.61% Direct Plan: 0.66% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 39.898 | ₹ 35.888 |
| IDCW | ₹ 23.687 | ₹ 20.476 |
| New Position Bought |
| Stock |
| Fertilizers & Agrochemicals |
| UPL Limited |
| Transport Services |
| InterGlobe Aviation Limited |
| Positions Increased |
| Stock |
| Auto Components |
| NRB Bearing Limited |
| Banks |
| HDFC Bank Limited |
| State Bank of India |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Chemicals & Petrochemicals |
| SRF Limited |
| Commercial Services & Supplies |
| TeamLease Services Limited |
| Consumer Durables |
| Bata India Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| Gas |
| Gujarat State Petronet Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| Wipro Limited |
| Personal Products |
| Dabur India Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Cipla Limited |
| Positions Decreased |
| Stock |
| Automobiles |
| Maruti Suzuki India Limited |
| Tata Motors Limited |
| Banks |
| Axis Bank Limited |
| ICICI Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Construction |
| Larsen & Toubro Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Manufacturing |
| Tega Industries Limited |
| Industrial Products |
| Bharat Forge Limited |
| IT - Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Personal Products |
| Emami Limited |
| Power |
| NTPC Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Limited | 9.70% |
| ICICI Bank Limited | 7.02% |
| State Bank of India | 4.99% |
| Axis Bank Limited | 3.18% |
| Kotak Mahindra Bank Limited | 2.32% |
| Utkarsh Small Finance Bank Ltd | 0.65% |
| IT - Software | |
| Infosys Limited | 3.51% |
| HCL Technologies Limited | 3.14% |
| Wipro Limited | 1.17% |
| Coforge Limited | 1.06% |
| Tata Consultancy Services Limited | 0.08% |
| Pharmaceuticals & Biotechnology | |
| Cipla Limited | 1.97% |
| Gland Pharma Limited | 1.80% |
| Aurobindo Pharma Limited | 1.26% |
| Sun Pharmaceutical Industries Limited | 0.99% |
| Divi's Laboratories Limited | 0.39% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.98% |
| Bata India Limited | 1.87% |
| Greenply Industries Limited | 0.68% |
| Kajaria Ceramics Limited | 0.28% |
| Titan Company Limited | 0.03% |
| Industrial Products | |
| Bharat Forge Limited | 1.77% |
| SKF India Limited | 1.40% |
| Prince Pipes And Fittings Limited | 0.83% |
| Petroleum Products | |
| Reliance Industries Limited | 3.48% |
| Bharat Petroleum Corporation Limited | 0.40% |
| Insurance | |
| SBI Life Insurance Company Limited | 2.00% |
| Max Financial Services Limited | 1.40% |
| HDFC Life Insurance Company Limited | 0.01% |
| Retailing | |
| Zomato Limited | 2.10% |
| FSN E-Commerce Ventures Limited | 1.13% |
| Construction | |
| Larsen & Toubro Limited | 3.07% |
| Power | |
| NTPC Limited | 2.87% |
| Chemicals & Petrochemicals | |
| Vinati Organics Limited | 1.11% |
| SRF Limited | 0.80% |
| Atul Limited | 0.64% |
| Chemplast Sanmar Limited | 0.29% |
| Cement & Cement Products | |
| Ambuja Cements Limited | 1.45% |
| JK Cement Limited | 1.16% |
| Telecom - Services | |
| Bharti Airtel Limited | 2.52% |
| Auto Components | |
| CEAT Limited | 1.31% |
| NRB Bearing Limited | 1.02% |
| Transport Services | |
| Delhivery Limited | 1.07% |
| InterGlobe Aviation Limited | 0.71% |
| Gateway Distriparks Limited | 0.53% |
| Finance | |
| SBI Cards and Payment Services Limited | 2.11% |
| Jio Financial Services Limited | 0.08% |
| Gas | |
| Gujarat State Petronet Limited | 1.94% |
| Personal Products | |
| Dabur India Limited | 1.57% |
| Emami Limited | 0.16% |
| Ferrous Metals | |
| Tata Steel Limited | 1.47% |
| Healthcare Services | |
| Fortis Healthcare Limited | 0.83% |
| Krishna Institute Of Medical Sciences Limited | 0.59% |
| Automobiles | |
| Mahindra & Mahindra Limited | 0.85% |
| Tata Motors Limited | 0.39% |
| Maruti Suzuki India Limited | 0.16% |
| Diversified FMCG | |
| ITC Limited | 1.24% |
| Hindustan Unilever Limited | 0.15% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Limited | 0.86% |
| UPL Limited | 0.39% |
| Capital Markets | |
| Indian Energy Exchange Limited | 0.98% |
| Realty | |
| Prestige Estates Projects Limited | 0.88% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.81% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.69% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.56% |
| Commercial Services & Supplies | |
| TeamLease Services Limited | 0.44% |
| Industrial Manufacturing | |
| Tega Industries Limited | 0.36% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 0.01% |
| Equity Holding Total | 98.68% |
| Cash & Other Receivables | 1.32% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | 19.25% | 23.75% | 17.15% | 17.91% |
| Scheme Benchmark* (Tier-1) | 17.63% | 24.11% | 14.90% | 14.33% |
| Scheme Benchmark* (Tier-2) | 15.94% | 22.93% | 14.14% | 13.96% |
| Additional Benchmark** | 16.15% | 21.49% | 14.05% | 14.13% |
| NAV as on 29th September, 2023 | ₹ 35.888 | |||
| Index Value (29th September, 2023) | Index Value of Scheme benchmark is 27,031.74 / 13,721.98 and S&P BSE Sensex (TRI) is 1,00,641.85 |
|||
| 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.
Latest available NAV has been taken for return calculation wherever applicable
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 29-September-2023 |
SI |
9,30,000 | 18,57,366 |
7 Yrs |
8,40,000 | 15,42,949 |
5 Yr |
6,00,000 | 9,57,023 |
3 Yr |
3,60,000 | 4,51,850 |
1 Yr |
1,20,000 | 1,34,462 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
17.42 | 17.08 | 18.77 | 15.38 | 23.31 |
Benchmark Return (Tier-1)& (%) |
15.37 | 15.52 | 17.93 | 16.06 | 22.45 |
Benchmark Return (Tier-2)& (%) |
14.76 | 14.84 | 16.79 | 14.73 | 19.40 |
Add. Benchmark Return& (%) |
14.83 | 14.88 | 15.80 | 13.42 | 14.63 |
& 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 |
20.890 |
28-Jul-23 |
1.80 |
10.00 |
21.638 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
07-Feb-23 |
2.10 |
10.00 |
24.010 |
28-Jul-23 |
2.05 |
10.00 |
24.958 |
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 | 13.41% |
| Beta: | 0.89 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.25 |
| Information Ratio | -0.13 |
| Portfolio Turnover Ratio | 0.99 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 29th September, 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.