Fact sheet: Mirae Asset India SctrLdEq

Fund information

Fund name
Mirae Asset India Sector Leader Equity A USD
Fund company manager
Mirae Asset Global Investments
Fund type
SIB
Fund manager(s)
Rahul Chadha
since 02/03/2011
Fund objective
The primary objective of the sub-fund is to achieve long term growth in the share price through capital appreciation of the underlying equity portfolio. The Principal Investment Manager will seek to achieve the objective of the sub-fund by investing mainly in equities and equity related securities of sector leading companies domiciled in or exercising a large portion of their economic activity in India.
Benchmark
MSCI India
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

22.51 %

1 Year rank in sector

11/50

Sector

FO Equity - India

Yield
-
Fund size

£ 161.0 m

FE Risk score

145

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • India
    99.1%
  • Money Market
    0.9%
  • Financials
    32.4%
  • Consumer Discretionary
    19.4%
  • Materials
    11.4%
  • Energy
    10.5%
  • Consumer Staples
    7%
  • Indian Equities
    99.1%
  • Money Market
    0.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.07 %11.55 %19.97 %41.2 %78.79 %
Sector-0.27 %7.41 %15.16 %37.88 %65.25 %
Rank within sector43 / 4911 / 5111 / 5021 / 4420 / 38
Quartile th4 th1 st1 st2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund32.58 %-0.4 %-0.24 %34.12 %-2.5 %
Sector26.72 %3.79 %-1.79 %34.73 %-6.45 %
Rank within sector12 / 5035 / 4622 / 4527 / 419 / 40
Quartile th1 st4 th2 nd3 rd1 st

Risk statistics

Alpha0.64
Beta1.07
Sharpe0.37
Volatility17.25
Tracking error4.07
Information ratio0.26
R-Squared0.95

Price movement

52 week high16.87
52 week low12.1
Current bid price0
Current offer price0
Current mid price16.52

Holdings by region

  • 99.1% India
  • 0.9% Money Market

Holdings by sector

  • 32.4% Financials
  • 19.4% Consumer Discretionary
  • 11.4% Materials
  • 10.5% Energy
  • 7% Consumer Staples
  • 4.7% Utilities
  • 4% Industrials
  • 3.7% Information Technology
  • 2.3% Health Care
  • 2.3% Real Estate

Holdings by asset type

  • 99.1% Indian Equities
  • 0.9% Money Market

Individual holdings

  • 6.5% HOUSING DEVELOPMENT FINANCE CORP
  • 6.5% HOUSING DEVELOPMENT FINANCE CORP
  • 6.3% RELIANCE INDUSTRIES
  • 6.3% RELIANCE INDUSTRIES
  • 6% HDFC BANK LTD
  • 4.2% ICICI BANK
  • 3.4% TITAN CO LTD
  • 3.4% TITAN CO LTD
  • 3.4% VEDANTA RESOURCES
  • 2.9% KOTAK MAHINDRA BANK