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 April 30, 2023 | 14,860.21 |
| Net AUM (₹ Cr.) | 15,218.19 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 30, 2023 |
Regular Plan: 1.61% Direct Plan: 0.45% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 34.756 | ₹ 31.399 |
| IDCW | ₹ 22.462 | ₹ 19.525 |
| New Position Bought |
| Stock |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Positions Increased |
| Stock |
| Auto Components |
| CEAT Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Greenply Industries Limited |
| Kajaria Ceramics Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Manufacturing |
| Tega Industries Limited |
| Industrial Products |
| SKF India Limited |
| Insurance |
| Max Financial Services Limited |
| SBI Life Insurance Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Infosys Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Banks |
| ICICI Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| JK Cement Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Havells India Limited |
| Titan Company Limited |
| Diversified FMCG |
| ITC Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| IT - Software |
| Tata Consultancy Services Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 8.28% |
| ICICI Bank Ltd | 6.99% |
| Axis Bank Ltd | 4.38% |
| State Bank of India | 3.91% |
| Kotak Mahindra Bank Ltd | 1.74% |
| IT - Software | |
| Infosys Ltd | 4.06% |
| HCL Technologies Limited | 3.08% |
| Tata Consultancy Services Ltd | 1.87% |
| Petroleum Products | |
| Reliance Industries Ltd | 7.24% |
| Bharat Petroleum Corporation Limited | 0.00% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 2.15% |
| Gland Pharma Limited | 1.37% |
| Biocon Ltd | 1.06% |
| Aurobindo Pharma Ltd | 0.79% |
| Torrent Pharmaceuticals Ltd | 0.34% |
| Divi's Laboratories Ltd | 0.02% |
| Finance | |
| Housing Development Finance Corporation Ltd | 2.61% |
| SBI Cards and Payment Services Limited | 1.73% |
| Shriram Finance Limited | 0.86% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.16% |
| Bata India Limited | 0.99% |
| Kajaria Ceramics Ltd | 0.73% |
| Havells India Ltd | 0.73% |
| Titan Company Ltd | 0.72% |
| Greenply Industries Limited | 0.69% |
| Industrial Products | |
| SKF India Limited | 1.69% |
| Bharat Forge Limited | 1.60% |
| Prince Pipes And Fittings Limited | 0.83% |
| Insurance | |
| Max Financial Services Ltd | 1.51% |
| SBI Life Insurance Company Limited | 1.34% |
| HDFC Life Insurance Company Ltd | 0.39% |
| Construction | |
| Larsen & Toubro Ltd | 2.63% |
| Automobiles | |
| Tata Motors Limited | 1.57% |
| Maruti Suzuki India Ltd | 0.89% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.44% |
| Retailing | |
| Zomato Limited | 1.30% |
| FSN E-Commerce Ventures Limited | 1.14% |
| Auto Components | |
| Sona BLW Precision Forgings Limited | 1.34% |
| CEAT Limited | 1.06% |
| Cement & Cement Products | |
| JK Cement Limited | 1.44% |
| Nuvoco Vistas Corporation Limited | 0.51% |
| Ambuja Cements Limited | 0.30% |
| Power | |
| NTPC Ltd | 2.23% |
| Diversified FMCG | |
| ITC Ltd | 1.70% |
| Hindustan Unilever Ltd | 0.33% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.83% |
| Transport Services | |
| Delhivery Limited | 1.35% |
| Gateway Distriparks Limited | 0.46% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 1.37% |
| One 97 Communications Limited | 0.39% |
| Chemicals & Petrochemicals | |
| Atul Limited | 0.78% |
| Vinati Organics Ltd | 0.49% |
| Chemplast Sanmar Limited | 0.44% |
| Gas | |
| Gujarat State Petronet Limited | 1.65% |
| Personal Products | |
| Dabur India Ltd | 0.90% |
| Emami Limited | 0.68% |
| Leisure Services | |
| Sapphire Foods India Limited | 1.13% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 1.02% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 0.98% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Limited | 0.52% |
| Realty | |
| Prestige Estates Projects Limited | 0.42% |
| Industrial Manufacturing | |
| Tega Industries Limited | 0.40% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.35% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.21% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.06% |
| Food Products | |
| Britannia Industries Ltd | 0.00% |
| Equity Holding Total | 99.16% |
| Cash & Other Receivables | 0.84% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MATSF | 3.71% |
25.76% |
13.51% |
16.88% |
| Scheme Benchmark* (Tier-1) | 4.04% |
25.17% |
11.14% |
13.12% |
| Scheme Benchmark* (Tier-2) | 4.20% |
24.09% |
11.18% |
12.99% |
| Additional Benchmark** | 8.48% |
23.36% |
13.02% |
13.69% |
| NAV as on 28th April, 2023 | ₹ 31.399 | |||
| Index Value (28th April, 2023) | Index Value of Scheme benchmark is 23,643.94 / 12,198.54 and S&P BSE Sensex (TRI) is 92,568.15 |
|||
| 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 28-April-2023 |
SI |
880,000 |
1,578,499 |
7 Yrs |
840,000 |
1,447,584 |
5 Yr |
600,000 |
885,226 |
3 Yr |
360,000 |
442,839 |
1 Yr |
120,000 |
123,960 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.64 |
15.31 |
15.61 |
14.02 |
6.29 |
Benchmark Return (Tier-1)& (%) |
13.39 |
13.29 |
14.35 |
14.38 |
5.94 |
Benchmark Return (Tier-2)& (%) |
13.16 |
13.05 |
13.86 |
13.85 |
5.82 |
Add. Benchmark Return& (%) |
14.16 |
14.10 |
14.44 |
14.61 |
9.63 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 14.83% |
| Beta: | 0.92 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.27 |
| Information Ratio | 0.19 |
| Portfolio Turnover Ratio | 0.82 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 April, 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.
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
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 |
07-Feb-23 |
1.80 per Unit |
10 |
20.889 |
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