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, 2023 | 15,532.11 |
| Net AUM (₹ Cr.) | 15,837.70 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2023 |
Regular Plan: 1.61% Direct Plan: 0.50% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 35.946 | ₹ 32.441 |
| IDCW | ₹ 23.231 | ₹ 20.172 |
| New Position Bought |
| Stock |
| IT - Software |
| Coforge Limited |
| Positions Increased |
| Stock |
| Banks |
| State Bank of India |
| Chemicals & Petrochemicals |
| Atul Limited |
| Construction |
| Larsen & Toubro Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Manufacturing |
| Tega Industries Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| Personal Products |
| Dabur India Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Power |
| NTPC Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Tata Motors Limited |
| Banks |
| Axis Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Chemicals & Petrochemicals |
| Chemplast Sanmar Limited |
| Consumer Durables |
| Havells India Limited |
| Titan Company Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| ITC Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| Shriram Finance Limited |
| Financial Technology (Fintech) |
| One 97 Communications Limited |
| IT - Software |
| Infosys Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Biocon Limited |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 7.59% |
| ICICI Bank Ltd | 6.95% |
| State Bank of India | 4.17% |
| Axis Bank Ltd | 3.74% |
| Kotak Mahindra Bank Ltd | 1.73% |
| IT - Software | |
| Infosys Ltd | 3.95% |
| HCL Technologies Limited | 3.18% |
| Tata Consultancy Services Ltd | 1.84% |
| Coforge Limited | 1.08% |
| Petroleum Products | |
| Reliance Industries Ltd | 6.77% |
| Bharat Petroleum Corporation Limited | 0.00% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 2.71% |
| Gland Pharma Limited | 0.97% |
| Biocon Ltd | 0.77% |
| Aurobindo Pharma Ltd | 0.67% |
| Torrent Pharmaceuticals Ltd | 0.26% |
| Divi's Laboratories Ltd | 0.02% |
| Finance | |
| Housing Development Finance Corporation Ltd | 2.61% |
| SBI Cards and Payment Services Limited | 1.88% |
| Shriram Finance Limited | 0.67% |
| Industrial Products | |
| Bharat Forge Limited | 1.93% |
| SKF India Limited | 1.82% |
| Prince Pipes And Fittings Limited | 0.85% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.21% |
| Bata India Limited | 1.02% |
| Kajaria Ceramics Ltd | 0.82% |
| Greenply Industries Limited | 0.72% |
| Titan Company Ltd | 0.44% |
| Havells India Ltd | 0.25% |
| Insurance | |
| SBI Life Insurance Company Limited | 1.63% |
| Max Financial Services Ltd | 1.60% |
| HDFC Life Insurance Company Ltd | 0.42% |
| Construction | |
| Larsen & Toubro Ltd | 3.14% |
| Retailing | |
| FSN E-Commerce Ventures Limited | 1.37% |
| Zomato Limited | 1.23% |
| Power | |
| NTPC Ltd | 2.33% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.26% |
| Automobiles | |
| Tata Motors Limited | 1.53% |
| Maruti Suzuki India Ltd | 0.53% |
| Auto Components | |
| CEAT Limited | 1.26% |
| Sona BLW Precision Forgings Limited | 0.74% |
| Transport Services | |
| Delhivery Limited | 1.39% |
| Gateway Distriparks Limited | 0.46% |
| Cement & Cement Products | |
| JK Cement Limited | 1.48% |
| Ambuja Cements Limited | 0.31% |
| Personal Products | |
| Dabur India Ltd | 1.07% |
| Emami Limited | 0.68% |
| Chemicals & Petrochemicals | |
| Atul Limited | 1.00% |
| Vinati Organics Ltd | 0.43% |
| Chemplast Sanmar Limited | 0.31% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.72% |
| Gas | |
| Gujarat State Petronet Limited | 1.72% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 1.33% |
| One 97 Communications Limited | 0.29% |
| Diversified FMCG | |
| ITC Ltd | 1.41% |
| Hindustan Unilever Ltd | 0.01% |
| Leisure Services | |
| Sapphire Foods India Limited | 1.21% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 1.01% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.77% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Limited | 0.57% |
| Industrial Manufacturing | |
| Tega Industries Limited | 0.55% |
| Realty | |
| Prestige Estates Projects Limited | 0.40% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.34% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.07% |
| Food Products | |
| Britannia Industries Ltd | 0.00% |
| Equity Holding Total | 97.21% |
| Cash & Other Receivables | 2.79% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | 10.98% | 28.64% | 14.67% | 17.17% |
| Scheme Benchmark* (Tier-1) | 12.74% | 27.61% | 12.35% | 13.52% |
| Scheme Benchmark* (Tier-2) | 12.29% | 26.45% | 12.27% | 13.36% |
| Additional Benchmark** | 14.05% | 26.02% | 13.48% | 13.95% |
| NAV as on 31st May, 2023 | ₹ 32.441 | |||
| Index Value (31st May, 2023) | Index Value of Scheme benchmark is 24,538.09 / 12,639.89 and S&P BSE Sensex (TRI) is 95,211.42 |
|||
| 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.
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
| Period | Total Amount Invested | Mkt Value as on 31-May-2023 |
SI |
8,90,000 | 16,41,178 |
7 Yrs |
8,40,000 | 14,73,506 |
5 Yr |
6,00,000 | 9,05,329 |
3 Yr |
3,60,000 | 4,46,103 |
1 Yr |
1,20,000 | 1,27,626 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
16.15 | 15.78 | 16.48 | 14.46 | 12.05 |
Benchmark Return (Tier-1)& (%) |
14.07 | 13.99 | 15.49 | 15.20 | 12.51 |
Benchmark Return (Tier-2)& (%) |
13.80 | 13.71 | 14.92 | 14.63 | 12.04 |
Add. Benchmark Return& (%) |
14.59 | 14.54 | 15.14 | 14.93 | 13.79 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 14.45% |
| Beta: | 0.91 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.54 |
| Information Ratio | 0.34 |
| Portfolio Turnover Ratio | 0.86 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, 2023.^Basis last rolling 12 months. |
|
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.
| Regular Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
07-Feb-23 |
1.80 |
10.00 |
20.89 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
07-Feb-23 |
2.10 |
10.00 |
24.01 |
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 & Direct Plan - IDCW Option