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 100 Index (TRI) |
| Minimum Investment Amount |
Investors can invest under the scheme with a minimum investment of ₹5,000/- 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 installments |
| 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 Dividend Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on February 28, 2021 | 3,868.15 |
| Net AUM (₹ Cr.) |
3,978.57 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 2.04% Direct Plan: 0.42% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 16.377 | ₹ 15.956 |
| Dividend | ₹ 16.379 | ₹ 15.959 |
| Portfolio Turnover Ratio^ | 0.68 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 27th February, 2021. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Consumer Non Durables |
| Varun Beverages Limited |
| Positions Exited |
| Stock |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Positions Increased |
| Stock |
| Auto |
| Ashok Leyland Limited |
| Auto Ancillaries |
| CEAT Limited |
| Banks |
| Axis Bank Limited |
| State Bank of India |
| Construction |
| Kajaria Ceramics Limited |
| Consumer Non Durables |
| Tata Consumer Products Limited |
| Finance |
| Max Financial Services Limited |
| Industrial Capital Goods |
| Thermax Limited |
| Positions Decreased |
| Stock |
| Auto Ancillaries |
| Balkrishna Industries Limited |
| Endurance Technologies Limited |
| Banks |
| The Federal Bank Limited |
| Chemicals |
| Sudarshan Chemical Industries Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| TTK Prestige Limited |
| Voltas Limited |
| Finance |
| Power Finance Corporation Limited |
| Gas |
| Gujarat State Petronet Limited |
| Healthcare Services |
| Dr. Lal Path Labs Limited |
| Hotels/ Resorts and Other Recreational Activities |
| Westlife Development Limited |
| Industrial Products |
| Bharat Forge Limited |
| SRF Limited |
| Pharmaceuticals |
| Ajanta Pharma Limited |
| IPCA Laboratories Limited |
| Natco Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Software |
| Coforge Limited |
| MphasiS Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Textile Products |
| Page Industries Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| The Federal Bank Ltd | 4.43% | |
| Axis Bank Ltd | 3.73% | |
| State Bank of India | 3.43% | |
| ICICI Bank Ltd | 2.64% | |
| Consumer Durables | ||
| Voltas Ltd | 3.07% | |
| Crompton Greaves Consumer Electricals Ltd | 2.50% | |
| Bata India Ltd | 1.96% | |
| TTK Prestige Ltd | 1.90% | |
| Century Plyboards (India) Ltd | 1.33% | |
| Industrial Products | ||
| SRF Ltd | 4.51% | |
| Bharat Forge Ltd | 2.63% | |
| SKF India Ltd | 1.85% | |
| Prince Pipes And Fittings Ltd | 1.47% | |
| Finance | ||
| Max Financial Services Ltd | 2.64% | |
| Shriram Transport Finance Company Ltd | 2.56% | |
| Power Finance Corporation Ltd | 2.23% | |
| UTI Asset Management Company Ltd | 1.77% | |
| Pharmaceuticals | ||
| Natco Pharma Ltd | 2.84% | |
| IPCA Laboratories Ltd | 2.23% | |
| Ajanta Pharma Ltd | 1.67% | |
| Sun Pharmaceutical Industries Ltd | 1.48% | |
| Consumer Non Durables | ||
| Emami Ltd | 2.27% | |
| Kansai Nerolac Paints Ltd | 1.70% | |
| Jyothy Labs Ltd | 1.04% | |
| Varun Beverages Ltd | 0.84% | |
| Tata Consumer Products Ltd | 0.81% | |
| Software | ||
| MphasiS Ltd | 2.28% | |
| MindTree Ltd | 1.45% | |
| Coforge Ltd | 1.41% | |
| L&T Technology Services Ltd | 0.65% | |
| Auto Ancillaries | ||
| CEAT Ltd | 1.94% | |
| MRF Ltd | 1.32% | |
| Endurance Technologies Ltd | 1.15% | |
| Balkrishna Industries Ltd | 0.39% | |
| Industrial Capital Goods | ||
| Bharat Electronics Ltd | 2.83% | |
| Thermax Ltd | 1.32% | |
| Auto | ||
| TVS Motor Company Ltd | 2.55% | |
| Ashok Leyland Ltd | 1.30% | |
| Cement | ||
| JK Cement Ltd | 3.28% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.85% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.73% | |
| Ferrous Metals | ||
| Jindal Steel & Power Ltd | 2.53% | |
| Power | ||
| NTPC Ltd | 2.21% | |
| Textile Products | ||
| Page Industries Ltd | 2.05% | |
| Construction | ||
| Kajaria Ceramics Ltd | 1.62% | |
| Chemicals | ||
| Sudarshan Chemical Industries Ltd | 0.79% | |
| Rossari Biotech Ltd | 0.45% | |
| Hotels/ Resorts and Other Recreational Activities | ||
| Westlife Development Ltd | 0.90% | |
| Retailing | ||
| Aditya Birla Fashion and Retail Ltd | 0.86% | |
| Healthcare Services | ||
| Dr. Lal Path Labs Ltd | 0.59% | |
| Equity Holding Total | 98.98% | |
| Cash & Other Receivables | 1.02% | |
| Total | 100.00% | |
| Returns (%) | ||||
| 1 Yr | SI | |||
| MAMCF | 43.23 |
34.32 |
||
| Scheme Benchmark* | 39.98 |
27.79 |
||
| Additional Benchmark** | 30.00 |
19.40 |
||
| NAV as on 26th Febraury, 2021 | 15,956 | |||
| Index Value (26th February, 2021) | Index Value of Scheme benchmark is 30,451.88 and S&P BSE Sensex (TRI) is 72,642.78. | |||
| Allotment Date | 29 July, 2019 | |||
| Scheme Benchmark | *Nifty Midcap 100 Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. . Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Ankit Jain managing the scheme since July, 2019
| Period | Total Amount Invested | Mkt Value as on 26-Febraury-2021 |
SI |
190,000 |
280,252 |
1 Yr |
120,000 |
175,689 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
56.46 |
97.99 |
Benchmark Return& (%) |
52.79 |
95.82 |
Add. Benchmark Return& (%) |
35.15 |
62.49 |
& 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
• Degree of risk – Very High
*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 