MIRAE ASSET
EQUITY SAVINGS FUND - (MAESF)
( Equity Savings Fund - An open ended scheme investing in equity, arbitrage and debt)
| Type of Scheme | Equity Savings Fund - An open ended scheme investing in equity, arbitrage and debt |
| Investment Objective | The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. The Scheme does not assure or guarantee any returns. |
Fund Managers** |
Mr. Harshad Borawake, Mr. Vrijesh Kasera,
(since October 12, 2019), Ms. Bharti Sawant (Equity portion) (since December 28, 2020) and Mr. Mahendra Jajoo (Debt portion) (since December 18, 2018) |
| Allotment Date | 18th December, 2018 |
| Benchmark Index | Nifty Equity Savings Index. |
| Minimum Investment Amount |
Lump Sum: ₹ 5,000/- (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: I. For investors who have opted for SWP under the plan:15% of the units allotted (including Switch-in/ STP - in) on or before completion of 365 days from the date of allotment of units: Nil.Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):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: NILII. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out) :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 | 184.30 |
| Net AUM (₹ Cr.) |
193.35 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 1.44% Direct Plan: 0.39% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 13.414 | ₹ 13.088 |
| Dividend | ₹ 13.406 | ₹ 13.084 |
| Portfolio Turnover Ratio^ | 7.99 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 27th February, 2021. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Auto |
| Mahindra & Mahindra Limited |
| Cement |
| ACC Limited |
| Chemicals |
| Deepak Nitrite Limited |
| Consumer Non Durables |
| Nestle India Limited |
| Services |
| Matrimony.Com Limited |
| Positions Exited |
| Stock |
| Banks |
| IndusInd Bank Limited |
| Chemicals |
| Chemcon Speciality Chemicals Limited |
| Consumer Non Durables |
| Indigo Paints Limited |
| Gas |
| Petronet LNG Limited |
| Retailing |
| Avenue Supermarts Limited |
| Textile Products |
| Page Industries Limited |
| Positions Increased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Banks |
| HDFC Bank Limited |
| ICICI Bank Limited |
| Kotak Mahindra Bank Limited |
| State Bank of India |
| Construction Project |
| Larsen & Toubro Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Kansai Nerolac Paints Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Positions Decreased |
| Stock |
| Consumer Non Durables |
| Auto Ancillaries |
| CEAT Limited |
| Banks |
| Axis Bank Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| Max Financial Services Limited |
| Power Finance Corporation Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 6.37% | |
| HDFC Bank Ltd | 4.04% | |
| Axis Bank Ltd | 2.32% | |
| State Bank of India | 2.07% | |
| Kotak Mahindra Bank Ltd | 0.61% | |
| The Federal Bank Ltd | 0.22% | |
| Consumer Non Durables | ||
| Hindustan Unilever Ltd | 2.89% | |
| Nestle India Ltd | 2.62% | |
| ITC Ltd | 0.74% | |
| Dabur India Ltd | 0.53% | |
| Emami Ltd | 0.38% | |
| Britannia Industries Ltd | 0.33% | |
| Kansai Nerolac Paints Ltd | 0.25% | |
| Tata Consumer Products Ltd | 0.15% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 4.01% | |
| Max Financial Services Ltd | 1.00% | |
| Power Finance Corporation Ltd | 0.54% | |
| UTI Asset Management Company Ltd | 0.53% | |
| Muthoot Finance Ltd | 0.49% | |
| SBI Life Insurance Company Ltd | 0.41% | |
| LIC Housing Finance Ltd | 0.22% | |
| HDFC Life Insurance Company Ltd | 0.22% | |
| ICICI Lombard General Insurance Company Ltd | 0.20% | |
| Software | ||
| Infosys Ltd | 2.46% | |
| Tata Consultancy Services Ltd | 1.77% | |
| HCL Technologies Ltd | 1.55% | |
| Coforge Ltd | 0.34% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 3.37% | |
| Hindustan Petroleum Corporation Ltd | 1.23% | |
| Bharat Petroleum Corporation Ltd | 1.10% | |
| Pharmaceuticals | ||
| Divi's Laboratories Ltd | 2.89% | |
| Sun Pharmaceutical Industries Ltd | 0.51% | |
| Lupin Ltd | 0.45% | |
| IPCA Laboratories Ltd | 0.41% | |
| Dr. Reddy's Laboratories Ltd | 0.39% | |
| Natco Pharma Ltd | 0.37% | |
| Biocon Ltd | 0.22% | |
| Torrent Pharmaceuticals Ltd | 0.20% | |
| Auto | ||
| Mahindra & Mahindra Ltd | 2.10% | |
| Maruti Suzuki India Ltd | 1.08% | |
| Ashok Leyland Ltd | 0.33% | |
| Transportation | ||
| Adani Ports and Special Economic Zone Ltd | 3.50% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.30% | |
| Media & Entertainment | ||
| Sun TV Network Ltd | 1.91% | |
| Chemicals | ||
| Rossari Biotech Ltd | 0.63% | |
| Deepak Nitrite Ltd | 0.53% | |
| Sudarshan Chemical Industries Ltd | 0.26% | |
| Vinati Organics Ltd | 0.25% | |
| Consumer Durables | ||
| Voltas Ltd | 0.48% | |
| Crompton Greaves Consumer Electricals Ltd | 0.42% | |
| Havells India Ltd | 0.32% | |
| Titan Company Ltd | 0.22% | |
| Cement | ||
| ACC Ltd | 1.21% | |
| Power | ||
| NTPC Ltd | 1.08% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 0.99% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 0.47% | |
| Jindal Steel & Power Ltd | 0.25% | |
| Industrial Products | ||
| Prince Pipes And Fittings Ltd | 0.33% | |
| SRF Ltd | 0.23% | |
| Services | ||
| Matrimony.Com Ltd | 0.54% | |
| Hotels/ Resorts and Other Recreational Activities | ||
| Westlife Development Ltd | 0.52% | |
| Gas | ||
| Gujarat State Petronet Ltd | 0.52% | |
| Auto Ancillaries | ||
| CEAT Ltd | 0.34% | |
| Balkrishna Industries Ltd | 0.16% | |
| Pesticides | ||
| PI Industries Ltd | 0.33% | |
| Construction | ||
| Kajaria Ceramics Ltd | 0.16% | |
| Equity Holding Total | 70.85% | |
| Equity Futures | ||
| Sun Pharmaceutical Industries Ltd | -0.04% | |
| Bharat Petroleum Corporation Ltd | -0.42% | |
| Lupin Ltd | -0.45% | |
| Hindustan Petroleum Corporation Ltd | -0.88% | |
| NTPC Ltd | -1.08% | |
| ACC Ltd | -1.21% | |
| HCL Technologies Ltd | -1.56% | |
| Sun TV Network Ltd | -1.92% | |
| Mahindra & Mahindra Ltd | -2.11% | |
| Bharti Airtel Ltd | -2.36% | |
| Hindustan Unilever Ltd | -2.37% | |
| Divi's Laboratories Ltd | -2.59% | |
| Nestle India Ltd | -2.63% | |
| Housing Development Finance Corporation Ltd | -2.94% | |
| ICICI Bank Ltd | -3.21% | |
| Adani Ports and Special Economic Zone Ltd | -3.52% | |
| Equity Futures Total | -29.29% | |
| Government Bond | ||
| 6.18% GOI (04/11/2024) | 7.97% | |
| Government Bond Total | 7.97% | |
| Corporate Bond | ||
| 9.5% Muthoot Finance Ltd (27/12/21) | 2.66% | |
| Corporate Bond Total | 2.66% | |
| Cash & Other Receivables Total | 47.81% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Returns (%) | ||||
| 1 Yr | SI | |||
| MAESF | 19.92 |
13.03 |
||
| Scheme Benchmark* | 15.44 |
10.54 |
||
| Additional Benchmark** | 4.93 |
8.50 |
||
| NAV as on 26th Febraury, 2021 | 13,088 | |||
| Index Value (26th February, 2021) | Index Value of Scheme benchmark is 4,233.18 and CRISIL 10 Year Gilt Index is 3,976.93. | |||
| Allotment Date | 18th Dec, 2018 | |||
| Scheme Benchmark | *Nifty Equity Savings Index (TRI) | |||
| Additional Benchmark | **CRISIL 10 Year Gilt Index | |||
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 managers : Mr. Harshad Borawake (since October 12, 2019), Mr. Vrijesh Kasera (since October 12, 2019), Ms. Bharti Sawant (since December 28, 2020) and Mr. Mahendra Jajoo (Debt Portion) (since December 18, 2018
This product is suitable for investors who are seeking*
• Capital appreciation and income distribution
• Investment in equity and equity related instruments, arbitrage opportunities and debt & money market instruments
• Degree of risk – Moderately 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 managers are given in the respective page of the schemes 