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)
Details as on November 30, 2022
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 November 30, 2022 13,844.47
Net AUM (₹ Cr.) 14,255.39
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on November 30, 2022
Regular Plan: 1.71%
Direct Plan: 0.55%
**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 ₹ 35.709 ₹ 32.406
IDCW^ ₹ 25.265 ₹ 22.029
Volatility 22.71%
Beta: 0.97
R Squared 0.98
Sharpe Ratio#: 0.60
Information Ratio 0.30
Portfolio Turnover Ratio 0.73 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 30th November, 2022.^Basis last rolling 12 months.

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

Portfolio Holdings % Allocation
Banks
HDFC Bank Ltd
8.26%
ICICI Bank Ltd
7.03%
Axis Bank Ltd
4.79%
State Bank of India
3.45%
Kotak Mahindra Bank Ltd
1.83%
IT - Software
Infosys Ltd
5.45%
Tata Consultancy Services Ltd
2.24%
HCL Technologies Ltd
2.13%
Petroleum Products
Reliance Industries Ltd
6.24%
Bharat Petroleum Corporation Ltd
1.26%
Pharmaceuticals & Biotechnology
Sun Pharmaceutical Industries Ltd
1.73%
Gland Pharma Ltd
1.41%
Torrent Pharmaceuticals Ltd
0.90%
Aurobindo Pharma Ltd
0.80%
Biocon Ltd
0.60%
Divi's Laboratories Ltd
0.31%
Finance
Housing Development Finance Corporation Ltd
1.62%
SBI Cards and Payment Services Ltd
1.24%
Shriram Transport Finance Company Ltd
0.93%
Muthoot Finance Ltd
0.48%
Industrial Products
SKF India Ltd
1.73%
Bharat Forge Ltd
1.59%
Prince Pipes And Fittings Ltd
0.79%
Consumer Durables
Havells India Ltd
1.51%
Titan Company Ltd
0.90%
Greenply Industries Ltd
0.71%
Orient Electric Ltd
0.40%
Auto Components
Sona BLW Precision Forgings Ltd
1.22%
Balkrishna Industries Ltd
1.13%
CEAT Ltd
1.11%
S.J.S. Enterprises Ltd
0.06%
Automobiles
Maruti Suzuki India Ltd
1.29%
Tata Motors Ltd
1.06%
TVS Motor Company Ltd
0.83%
Telecom - Services
Bharti Airtel Ltd
2.93%
Insurance
Max Financial Services Ltd
1.43%
HDFC Life Insurance Company Ltd
0.47%
SBI Life Insurance Company Ltd
0.45%
ICICI Lombard General Insurance Company Ltd
0.42%
Cement & Cement Products
JK Cement Ltd
1.70%
Nuvoco Vistas Corporation Ltd
0.61%
Ambuja Cements Ltd
0.34%
Construction
Larsen & Toubro Ltd
2.36%
Diversified FMCG
ITC Ltd
1.33%
Hindustan Unilever Ltd
0.99%
Power
NTPC Ltd
1.97%
Personal Products
Dabur India Ltd
0.97%
Emami Ltd
0.92%
Chemicals & Petrochemicals
Vinati Organics Ltd
0.96%
Chemplast Sanmar Ltd
0.48%
Atul Ltd
0.33%
Gas
Gujarat State Petronet Ltd
1.66%
Ferrous Metals
Tata Steel Ltd
1.54%
Capital Markets
Indian Energy Exchange Ltd
1.07%
UTI Asset Management Company Ltd
0.37%
Transport Services
Delhivery Ltd
0.75%
Gateway Distriparks Ltd
0.52%
Financial Technology (Fintech)
PB Fintech Ltd
0.85%
One 97 Communications Ltd
0.33%
Retailing
Zomato Ltd
1.02%
Healthcare Services
Krishna Institute Of Medical Sciences Ltd
0.87%
Textiles & Apparels
Page Industries Ltd
0.84%
Food Products
Britannia Industries Ltd
0.81%
Non - Ferrous Metals
National Aluminium Company Ltd
0.69%
Realty
Prestige Estates Projects Ltd
0.51%
Aerospace & Defense
MTAR Technologies Ltd
0.25%
Bharat Electronics Ltd
0.22%
Leisure Services
Sapphire Foods India Ltd
0.38%
Industrial Manufacturing
Tega Industries Ltd
0.25%
Fertilizers & Agrochemicals
Paradeep Phosphates Ltd
0.24%
Equity Holding Total
98.85%
Cash & Other Receivables
1.15%
Total
100.00%

Positions Increased
Stock
Pharmaceuticals & Biotechnology
Biocon Limited
Divi's Laboratories Limited
Gland Pharma Limited
Gas
Gujarat State Petronet Limited
Transport Services
Delhivery Limited
Fertilizers & Agrochemicals
Paradeep Phosphates Limited
Power
NTPC Limited
Insurance
Max Financial Services Limited
Retailing
Zomato Limited
Automobiles
Tata Motors Limited
Financial Technology (Fintech)
One 97 Communications Limited
PB Fintech Limited
Diversified FMCG
ITC Limited
Leisure Services
Sapphire Foods India Limited
Industrial Products
Bharat Forge Limited
Auto Components
CEAT Limited
Textiles & Apparels
Page Industries Limited
Banks
Kotak Mahindra Bank Limited
Positions Decreased
Stock
Pharmaceuticals & Biotechnology
Torrent Pharmaceuticals Limited
Insurance
SBI Life Insurance Company Limited
Industrial Products
SKF India Limited
Auto Components
S.J.S. Enterprises Limited
Cement & Cement Products
JK Cement Limited
Food Products
Britannia Industries Limited
Capital Markets
UTI Asset Management Company Limited
Aerospace & Defense
MTAR Technologies Limited
Healthcare Services
Krishna Institute Of Medical Sciences Limited
Finance
Muthoot Finance Limited
Telecom - Services
Bharti Airtel Limited
Consumer Durables
Havells India Limited
Orient Electric Limited
IT - Software
HCL Technologies Limited
Tata Consultancy Services Limited
Petroleum Products
Bharat Petroleum Corporation Limited
Reliance Industries Limited
Banks
State Bank of India
Non - Ferrous Metals
National Aluminium Company Limited

Growth of Rs. 10,000 invested at inception: 32,406

Returns (in%)
1 Yr 3 Yrs 5 Yrs SI
MATSF
6.12%
19.58%
14.57%
18.49%
Scheme Benchmark* (Tier-1)
10.20%
18.83%
13.03%
14.69%
Scheme Benchmark* (Tier-2)
10.79%
17.94%
13.27%
14.59%
Additional Benchmark**
12.04%
16.98%
15.07%
15.05%
NAV as on 30th November, 2022 ₹ 32.406
Index Value (30th November, 2022)

Index Value of Scheme benchmark is 24,738.49/ 12,793.82 and S&P BSE Sensex (TRI) is 95,383.95

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
30-November-2022
SI
830,000
1,576,969
5 Yrs
600,000
959,640
3 Yr
360,000
499,036
1 Yr
120,000
128,349

Returns (%)
Period
SI
5yrs
3yrs
1yr
Fund Return& (%)
18.25
18.86
22.43
13.18
Benchmark Return (Tier-1)& (%)
16.15
17.85
23.40
17.37
Benchmark Return (Tier-2)& (%)
15.97
17.50
22.80
17.99
Add. Benchmark Return& (%)
16.57
17.69
22.06
20.35

& 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