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 May 31, 2022 | 11,514.94 |
| Net AUM (₹ Cr.) | 11,805.38 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2022 |
Regular Plan: 1.66% Direct Plan: 0.57% |
| **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 | ₹ 32.027 | ₹ 29.232 |
| IDCW^ | ₹ 22.660 | ₹ 19.872 |
| Volatility | 22.58% |
| Beta: | 0.97 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.58 |
| Information Ratio | 1.13 |
| Portfolio Turnover Ratio | 0.72 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 May, 2022.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 7.87% | |
| ICICI Bank Ltd | 6.71% | |
| Axis Bank Ltd | 4.16% | |
| State Bank of India | 3.52% | |
| Equitas Small Finance Bank Limited | 0.70% | |
| Kotak Mahindra Bank Ltd | 0.03% | |
| IT - Software | ||
| Infosys Ltd | 6.15% | |
| Tata Consultancy Services Ltd | 3.07% | |
| HCL Technologies Limited | 2.07% | |
| MphasiS Limited | 0.92% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 6.08% | |
| Bharat Petroleum Corporation Limited | 1.52% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 2.40% | |
| SBI Cards and Payment Services Limited | 1.88% | |
| Shriram Transport Finance Company Limited | 1.22% | |
| Muthoot Finance Limited | 1.19% | |
| Power Finance Corporation Ltd | 0.24% | |
| Cholamandalam Investment and Finance Company Ltd | 0.03% | |
| Pharmaceuticals & Biotechnology | ||
| Sun Pharmaceutical Industries Ltd | 2.25% | |
| Gland Pharma Limited | 1.64% | |
| Torrent Pharmaceuticals Ltd | 1.46% | |
| Aurobindo Pharma Ltd | 1.17% | |
| Dr. Reddy's Laboratories Ltd | 0.00% | |
| Divi's Laboratories Ltd | 0.00% | |
| Insurance | ||
| Max Financial Services Ltd | 1.20% | |
| ICICI Lombard General Insurance Company Limited | 0.94% | |
| HDFC Life Insurance Company Ltd | 0.92% | |
| SBI Life Insurance Company Limited | 0.90% | |
| Consumer Durables | ||
| Havells India Ltd | 1.32% | |
| Orient Electric Limited | 1.01% | |
| Greenply Industries Limited | 0.76% | |
| Titan Company Ltd | 0.68% | |
| Voltas Ltd | 0.17% | |
| Auto Components | ||
| Balkrishna Industries Ltd | 1.22% | |
| Sona BLW Precision Forgings Limited | 0.92% | |
| Motherson Sumi Wiring India Limited | 0.79% | |
| S.J.S. Enterprises Limited | 0.37% | |
| CEAT Limited | 0.29% | |
| Automobiles | ||
| Maruti Suzuki India Ltd | 1.39% | |
| Tata Motors Limited | 1.04% | |
| TVS Motor Company Ltd | 0.95% | |
| Industrial Products | ||
| SKF India Limited | 1.65% | |
| Prince Pipes And Fittings Limited | 0.98% | |
| Diversified FMCG | ||
| Hindustan Unilever Ltd | 1.92% | |
| ITC Ltd | 0.68% | |
| Construction | ||
| Larsen & Toubro Ltd | 2.53% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.37% | |
| Chemicals & Petrochemicals | ||
| Vinati Organics Ltd | 1.17% | |
| Chemplast Sanmar Limited | 0.73% | |
| Atul Limited | 0.38% | |
| Cement & Cement Products | ||
| JK Cement Limited | 1.38% | |
| Ambuja Cements Limited | 0.77% | |
| Food Products | ||
| Britannia Industries Ltd | 1.57% | |
| Power | ||
| NTPC Ltd | 1.57% | |
| Gas | ||
| Gujarat State Petronet Limited | 1.48% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 0.92% | |
| UTI Asset Management Company Limited | 0.55% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.46% | |
| Personal Products | ||
| Dabur India Ltd | 0.80% | |
| Emami Limited | 0.42% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 0.93% | |
| Transport Services | ||
| Gateway Distriparks Limited | 0.70% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Limited | 0.56% | |
| Industrial Manufacturing | ||
| Tega Industries Limited | 0.47% | |
| Entertainment | ||
| Zee Entertainment Enterprises Ltd | 0.41% | |
| Fertilizers & Agrochemicals | ||
| Paradeep Phosphates Limited | 0.38% | |
| Retailing | ||
| FSN E-Commerce Ventures Limited | 0.34% | |
| Zomato Limited | 0.02% | |
| Agricultural, Commercial & Construction Vehicles | ||
| Ashok Leyland Limited | 0.34% | |
| Financial Technology (Fintech) | ||
| One 97 Communications Limited | 0.29% | |
| Textiles & Apparels | ||
| Page Industries Ltd | 0.28% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.09% | |
| Equity Holding Total | 99.30% | |
| Cash & Other Receivables | 0.70% | |
| Total | 100.00% | |
| New Position Bought |
| Stock |
| Automobiles |
| TVS Motor Company Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Positions Increased |
| Stock |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Banks |
| Axis Bank Limited |
| Equitas Small Finance Bank Limited |
| HDFC Bank Limited |
| ICICI Bank Limited |
| State Bank of India |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Consumer Durables |
| Greenply Industries Limited |
| Titan Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Infosys Limited |
| MphasiS Limited |
| Tata Consultancy Services Limited |
| Personal Products |
| Dabur India Limited |
| Emami Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Gland Pharma Limited |
| Power |
| NTPC Limited |
| Industrial Products |
| SKF India Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| Positions Decreased |
| Stock |
| Diversified FMCG |
| ITC Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| Finance |
| Power Finance Corporation Limited |
| Cholamandalam Investment and Finance Company Ltd |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Pharmaceuticals & Biotechnology |
| Dr. Reddy's Laboratories Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Banks |
| Kotak Mahindra Bank Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
06-Dec-18 |
0.44 per Unit |
10 |
14.221 |
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 |
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 | 6.83% |
17.44% |
15.14% |
18.16% |
| Scheme Benchmark* (Tier-1) | 8.08% |
14.25% |
12.40% |
13.64% |
| Scheme Benchmark* (Tier-2) | 7.97% |
13.63% |
12.43% |
13.53% |
| Additional Benchmark** | 8.39% |
13.22% |
13.69% |
13.93% |
| NAV as on 31st May, 2022 | 29.232 | |||
| Index Value (31st May, 2022) | Index Value of Scheme benchmark is 21,765.82 / 11,256.76 and S&P BSE Sensex (TRI) is 83,483.01 |
|||
| 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.
| Period | Total Amount Invested | Mkt Value as on 31-May-2022 |
SI |
770,000 |
1,363,835 |
5 Yrs |
600,000 |
921,904 |
3 Yr |
360,000 |
490,745 |
1 Yr |
120,000 |
116,473 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
17.62 |
17.22 |
21.23 |
-5.43 |
Benchmark Return (Tier-1)& (%) |
14.45 |
14.8 |
19.69 |
-3.67 |
Benchmark Return (Tier-2)& (%) |
14.23 |
14.48 |
18.84 |
-3.10 |
Add. Benchmark Return& (%) |
14.74 |
14.79 |
17.44 |
-1.98 |
& 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.
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option