Mirae Asset Healthcare Fund Direct Growth

Mirae Asset Healthcare Fund Direct Growth

Equity

Mirae Mutual Fund

Sector - Healthcare

Get the latest NAV of Mirae Asset Healthcare Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹52.78

▼-0.7%1D

NAV as on 24 Sep 2026

22.16%/per year

Since Inception

Absolute Gain%

▲▼

4808 people have invested ₹ 6.2Cr in Mirae Asset Healthcare Fund in the last three months

Mirae Asset Healthcare Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (24-Sep-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
2.96%
8.69%
24.44%
22.11%
24.1%
16.18%
Nifty 500
-4.08%
-2.48%
7.05%
-2.7%
9.32%
8.22%
Sector - Healthcare Avg
2.43%
7.68%
25.61%
18.35%
22.15%
14.35%
Best in Sector - Healthcare
4.76%
11.72%
34.99%
30.1%
25.4%
18.63%
Worst in Sector - Healthcare
-0.14%
2.66%
19.22%
8.85%
20.03%
12.96%
Category Rank
2/8
2/8
3/8
6/8
3/8
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mirae Asset Healthcare Fund
2/9
3,555Cr
0.45%
22.11%
24.1%
0.99
0.97
1.04
1.86
0.19
SBI Healthcare Opportunities Fund
1/9
5,796Cr
1.04%
22.78%
25.06%
3.34
0.86
1.21
2.18
0.41
UTI Healthcare Fund
3/9
1,444Cr
1.26%
18.79%
25.12%
2.18
0.96
1.11
2.01
0.54
DSP Healthcare Fund
4/9
3,835Cr
0.73%
18.05%
23.3%
1.91
0.84
1.05
1.90
-0.08
See all

Mirae Asset Healthcare Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset Healthcare Fund Asset Allocation

See fund asset allocation details as on (14-Sep-26)

Fund Distribution

as on (14-Sep-26)

Mid cap
42.5%
Large cap
36.5%
Small cap
18.3%
Small Cap allocation has gone down from 26.3% to 18.7%
Small Cap allocation has gone down from 26.3% to 18.7%
Mid Cap allocation has gone down from 45.3% to 43.9%
Mid Cap allocation has gone down from 45.3% to 43.9%
Large Cap allocation has gone up from 28.2% to 36.2%
Large Cap allocation has gone up from 28.2% to 36.2%
Cash allocation has gone up from 0.2% to 1.2%
Cash allocation has gone up from 0.2% to 1.2%

Mirae Asset Healthcare Fund Sector Allocation

See fund sector allocation details as on (14-Sep-26)

Sector Allocation

Health
99%
Basic Materials
1%

Top 2 Sectors in August were Health, Basic Materials

Aug'26

Health

99%

Basic Materials

1%

Jul'26

Health

99%

Basic Materials

1%

Mirae Asset Healthcare Fund Holdings Details

as on (31-Aug-26)

Top Stocks bought last month
J.B. Chemicals & Pharmaceuticals Ltd's allocation increased from 5.55% to 6.49%
J.B. Chemicals & Pharmaceuticals Ltd's allocation increased from 5.55% to 6.49%
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 2.35% to 3.06%
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 2.35% to 3.06%
Gland Pharma Ltd's allocation increased from 2.23% to 2.49%
Gland Pharma Ltd's allocation increased from 2.23% to 2.49%
Top Stocks sold last month
Sun Pharmaceuticals Industries Ltd's allocation decreased from 11.13 % to 10.95 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 11.13 % to 10.95 %
Divi's Laboratories Ltd's allocation decreased from 8.03 % to 7.53 %
Divi's Laboratories Ltd's allocation decreased from 8.03 % to 7.53 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 6.4 % to 6.09 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 6.4 % to 6.09 %

Mirae Asset Healthcare Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.45%
Benchmark
BSE Healthcare TR INR
AUM₹3555 Cr
Inception Date2 June, 2018
Min Lumpsum/SIP₹5,000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
32.27%
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Healthcare Fund

Mirae Asset Healthcare Fund Direct Growth is an equity fund. This fund was started on 2 June, 2018. The fund is managed by Tanmay Mehta, Vrijesh Kasera. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Healthcare Fund has ₹3555 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mirae Asset Healthcare Fund has given a CAGR return of 22.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.11%, 24.10% and 16.18% respectively.

Holdings

Mirae Asset Healthcare Fund has allocated its funds majorly in Cash Equivalent, Health, Basic Materials. Its top holdings are Sun Pharmaceuticals Industries Ltd, Divi's Laboratories Ltd, Torrent Pharmaceuticals Ltd, Apollo Hospitals Enterprise Ltd, Laurus Labs Ltd

Taxation

As it is a sector - healthcare mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset Healthcare Fund

The investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies benefitting directly or indirectly in Healthcare and allied sectors in India. The Scheme does not guarantee or assure any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Healthcare Fund has no lock in period.

Fund Manager

Tanmay Mehta

Fund Manager of Mirae Asset Healthcare Fund, since 1 April 2025

Vrijesh Kasera

Fund Manager of Mirae Asset Healthcare Fund, since 2 July 2018

Learn more about Mirae Mutual Fund
Parameters
Aug'26
Jul'26
Jun'26
AUM
₹ 3.4K Cr
₹ 3.3K Cr
₹ 3.3K Cr
  • AUM of the fund stands at 3.4K Cr as of Aug'26
  • AUM increased by 189.7 Cr between Aug'26 and Jul'26

Compare Mirae Asset Healthcare Fund

Mirae Asset Healthcare Fund

VS

Nippon India Pharma Fund

Frequently Asked Questions for Mirae Asset Healthcare Fund Direct Growth

How do I invest in Mirae Asset Healthcare Fund?

INDmoney makes it simple to invest in the Mirae Asset Healthcare Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Healthcare Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Healthcare Fund?

The NAV of the fund today is ₹52.78. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Healthcare Fund fund has generated a return of 22.11% in 1 year, 24.10% in 3 years, 16.18% in 5 years.

Who is the fund manager of Mirae Asset Healthcare Fund?

The fund managers are Tanmay Mehta, Vrijesh Kasera.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-1 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.45%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3555 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Healthcare Fund?

The top 3 holdings of the fund are Sun Pharmaceuticals Industries Ltd(10.9%), Divi's Laboratories Ltd(9.91%), Torrent Pharmaceuticals Ltd(7.06%)