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 | 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) |
Minimum installment of ₹500/- (monthly / quarterly frequency) 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 Dividend Option For Mirae Asset Tax Saver Fund only growth and dividend payout option are available. |
| Monthly Average AUM (₹ Cr.) as on February 28, 2021 | 6,325.43 |
| Net AUM (₹ Cr.) | 6,350.79 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 2.00% Direct Plan: 0.29% |
| *S&P BSE 200 (TRI) has been changed to NIFTY 200 (TRI), w.e.f 30th April 2019. Please refer addendum dated 26th April 2019. | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 27.071 | ₹ 25.113 |
| Dividend | ₹ 22.598 | ₹ 20.131 |
| Volatility | 22.82% |
| Beta: | 0.98 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.52 |
| Information Ratio | 1.11 |
| Portfolio Turnover Ratio^ | 1.03 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. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 9.34% | |
| ICICI Bank Ltd | 7.01% | |
| Axis Bank Ltd | 4.66% | |
| State Bank of India | 3.10% | |
| Kotak Mahindra Bank Ltd | 1.72% | |
| Equitas Small Finance Bank Ltd | 0.53% | |
| IndusInd Bank Ltd | 0.00% | |
| Finance | ||
| Housing Development Finance Corporation Ltd | 2.32% | |
| Max Financial Services Ltd | 1.95% | |
| Muthoot Finance Ltd | 1.47% | |
| SBI Life Insurance Company Ltd | 1.15% | |
| UTI Asset Management Company Ltd | 1.07% | |
| Indian Energy Exchange Ltd | 1.02% | |
| Power Finance Corporation Ltd | 0.98% | |
| ICICI Lombard General Insurance Company Ltd | 0.98% | |
| HDFC Life Insurance Company Ltd | 0.69% | |
| Cholamandalam Investment and Finance Company Ltd | 0.52% | |
| SBI Cards and Payment Services Ltd | 0.00% | |
| Software | ||
| Infosys Ltd | 7.05% | |
| Tata Consultancy Services Ltd | 4.31% | |
| Consumer Non Durables | ||
| ITC Ltd | 1.72% | |
| Hindustan Unilever Ltd | 1.72% | |
| Kansai Nerolac Paints Ltd | 1.58% | |
| Dabur India Ltd | 1.40% | |
| Britannia Industries Ltd | 0.61% | |
| Jyothy Labs Ltd | 0.44% | |
| Tata Consumer Products Ltd | 0.30% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.27% | |
| Bharat Petroleum Corporation Ltd | 1.82% | |
| Hindustan Petroleum Corporation Ltd | 0.27% | |
| Pharmaceuticals | ||
| Dr. Reddy's Laboratories Ltd | 2.08% | |
| Torrent Pharmaceuticals Ltd | 1.51% | |
| Natco Pharma Ltd | 1.30% | |
| Divi's Laboratories Ltd | 0.90% | |
| Sun Pharmaceutical Industries Ltd | 0.85% | |
| Biocon Ltd | 0.43% | |
| Auto | ||
| Maruti Suzuki India Ltd | 2.54% | |
| Ashok Leyland Ltd | 1.34% | |
| Consumer Durables | ||
| Voltas Ltd | 1.81% | |
| Orient Electric Ltd | 1.13% | |
| Havells India Ltd | 0.28% | |
| Titan Company Ltd | 0.00% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.90% | |
| Industrial Products | ||
| Prince Pipes And Fittings Ltd | 1.78% | |
| SKF India Ltd | 1.06% | |
| Chemicals | ||
| Deepak Nitrite Ltd | 1.27% | |
| Vinati Organics Ltd | 1.23% | |
| Cement | ||
| JK Cement Ltd | 2.47% | |
| Auto Ancillaries | ||
| CEAT Ltd | 1.08% | |
| Balkrishna Industries Ltd | 0.59% | |
| MRF Ltd | 0.37% | |
| Gas | ||
| Gujarat State Petronet Ltd | 1.84% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.74% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 1.35% | |
| Industrial Capital Goods | ||
| Bharat Electronics Ltd | 0.98% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.68% | |
| Services | ||
| Matrimony.Com Ltd | 0.35% | |
| Textile Products | ||
| Page Industries Ltd | 0.33% | |
| Healthcare Services | ||
| Dr. Lal Path Labs Ltd | 0.09% | |
| Retailing | ||
| Avenue Supermarts Ltd | 0.00% | |
| Equity Holding Total | 99.32% | |
| Cash & Other Receivables | 0.68% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| New Position Bought |
| Stock |
| Services |
| Matrimony.Com Limited |
| Positions Increased |
| Stock |
| Banks |
| Axis Bank Limited |
| Consumer Durables |
| Havells India Limited |
| Consumer Non Durables |
| Jyothy Labs Limited |
| Tata Consumer Products Limited |
| Finance |
| Cholamandalam Investment and Finance Company Limited |
| HDFC Life Insurance Company Limited |
| Indian Energy Exchange Limited |
| Max Financial Services Limited |
| Healthcare Services |
| Dr. Lal Path Labs Limited |
| Industrial Capital Goods |
| Bharat Electronics Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Reliance Industries Limited |
| Retailing |
| Avenue Supermarts Limited |
| Textile Products |
| Bharti Airtel Limited |
| Positions Decreased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Auto Ancillaries |
| Balkrishna Industries Limited |
| CEAT Limited |
| Banks |
| Equitas Small Finance Bank Limited |
| ICICI Bank Limited |
| Chemicals |
| Deepak Nitrite Limited |
| Vinati Organics Limited |
| Consumer Durables |
| Voltas Limited |
| Consumer Non Durables |
| Dabur India Limited |
| ITC Limited |
| Kansai Nerolac Paints Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| ICICI Lombard General Insurance Company Limited |
| Max Financial Services Limited |
| SBI Life Insurance Company Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Products |
| SKF India Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Textile Products |
| Page Industries Limited |
| Record Date | Dividend (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
06-Dec-18 |
0.50 per Unit |
10 |
14.618 |
16-Jan-20 |
0.95 per Unit |
10 |
16.328 |
Past Performance may or may not be sustained in future.
Pursuant to payment of dividend the NAV of the dividend option of the scheme will fall to the extent of payout and statutory levy (if any). Dividend history is for MATSF - Regular Plan - Dividend Option
| Returns (%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | 39.75 |
15.26 |
23.31 |
19.50 |
| Scheme Benchmark* | 32.24 |
11.35 |
17.19 |
13.59 |
| Additional Benchmark** | 30.00 |
14.22 |
17.89 |
14.48 |
| NAV as on 26th Febraury, 2021 | 25,113 | |||
| Index Value (26th February, 2021) | Index Value of NIFTY 200 (TRI) is 9,622.62 and S&P BSE Sensex (TRI) is 72,642.78. | |||
| Allotment Date | 28th December, 2015 | |||
| Scheme Benchmark | *NIFTY 200 (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. Neelesh Surana managing the scheme since 28th December, 2015
| Period | Total Amount Invested | Mkt Value as on 26-Febraury-2021 |
SI |
620,000 |
1,042,145 |
3 Yrs |
600,000 |
991,065 |
1 Yr |
360,000 |
517,508 |
1 Yr |
120,000 |
165,869 |
Returns (%) |
Period |
|||
SI |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
20.23 |
20.24 |
25.19 |
79.37 |
Benchmark Return& (%) |
15.07 |
15.14 |
19.12 |
67.04 |
Add. Benchmark Return& (%) |
16.50 |
16.62 |
19.81 |
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*
• Growth of capital over long term
• Invests predominantly in equity and equity related instruments: ELSS with a 3 year lock in period & tax benefits
• 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.