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.

₹39.99

▲0.9%1D

NAV as on 12 May 2025

22.1%/per year

Since Inception

Absolute Gain%

▲▼

2870 people have invested ₹ 2Cr in Mirae Asset Healthcare Fund Direct Growth in the last three months

Mirae Asset Healthcare Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
2.85%
8.47%
3.21%
3 Months
1.41%
7.67%
1.68%
6 Months
-3.39%
0.81%
-3.86%
1 Year
19.35%
9.98%
18.38%
3 Years
23.27%
18.69%
22.56%
5 Years
23.93%
24.52%
21.85%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Healthcare Fund
5/8
2,667Cr
0.52%
19.35%
23.27%
22.1%
SBI Healthcare Opportunities Fund Direct Growth
1/8
3,671Cr
0.9%
22.04%
28.99%
18.15%
ICICI Prudential Pharma Healthcare and Diagnostics P.H.D Fund Direct Growth
3/8
4,915Cr
1.18%
23.79%
28.39%
22.38%
DSP Healthcare Fund Direct Growth
4/8
2,912Cr
0.63%
13.56%
24.86%
24.03%
See all
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Lower expense ratio
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

Mirae Asset Healthcare Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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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 (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 99.5%

Debt & Cash 0.5%

Mid cap
39.6%
Large cap
33%
Small cap
23.9%
Large Cap allocation has gone down from 34.4% to 33%
Large Cap allocation has gone down from 34.4% to 33%
Small Cap allocation has gone up from 23.8% to 23.9%
Small Cap allocation has gone up from 23.8% to 23.9%
Mid Cap allocation has gone up from 39% to 39.6%
Mid Cap allocation has gone up from 39% to 39.6%
Cash allocation has gone up from 0.4% to 0.4%
Cash allocation has gone up from 0.4% to 0.4%

Mirae Asset Healthcare Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 99.5%

Debt & Cash 0.5%

Health
98.8%
Basic Materials
1.2%

Top 3 Sectors in March were Health, Basic Materials & Industrial

Mar'25

Health

99%

Basic Materials

1%

Feb'25

Health

99%

Basic Materials

Industrial

Mirae Asset Healthcare Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
Sun Pharmaceuticals Industries Ltd
11.9%
0.9%
Aurobindo Pharma Ltd
7.12%
0%
Cipla Ltd
6.91%
-3%
Divi's Laboratories Ltd
6.6%
4.7%
Lupin Ltd
6.2%
0%
See all
Top Stocks bought last month
Krishna Institute of Medical Sciences Ltd's allocation increased from 3.57% to 4.13%
Krishna Institute of Medical Sciences Ltd's allocation increased from 3.57% to 4.13%
OneSource Specialty Pharma Ltd's allocation increased from 1.87% to 2.43%
OneSource Specialty Pharma Ltd's allocation increased from 1.87% to 2.43%
Deepak Nitrite Ltd's allocation increased from 0.15% to 0.7%
Deepak Nitrite Ltd's allocation increased from 0.15% to 0.7%
Top Stocks sold last month
Cipla Ltd's allocation decreased from 7.6 % to 6.91 %
Cipla Ltd's allocation decreased from 7.6 % to 6.91 %
Lupin Ltd's allocation decreased from 6.36 % to 6.2 %
Lupin Ltd's allocation decreased from 6.36 % to 6.2 %
Dr Reddy's Laboratories Ltd's allocation decreased from 4.42 % to 4.15 %
Dr Reddy's Laboratories Ltd's allocation decreased from 4.42 % to 4.15 %

Mirae Asset Healthcare Fund Direct Growth Overview

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

Expense ratio0.52%
Benchmark
BSE Healthcare TR INR
AUM₹2667 Cr
Inception Date2 June, 2018
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
18.15%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
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 Vrijesh Kasera. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Healthcare Fund Direct Growth has ₹2667 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mirae Asset Healthcare Fund Direct Growth has given a CAGR return of 22.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.35%, 23.27% and 23.93% respectively.

Holdings

Mirae Asset Healthcare Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Basic Materials, Industrial. Its top holdings are Sun Pharmaceuticals Industries Ltd, Aurobindo Pharma Ltd, Cipla Ltd, Divi's Laboratories Ltd, Lupin 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 Direct Growth

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 Direct Growth has no lock in period.

Fund Manager

Vrijesh Kasera

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

Learn more about Mirae Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 2.7K Cr
₹ 2.4K Cr
₹ 2.7K Cr
  • AUM of the fund stands at 2.7K Cr as of Mar'25
  • AUM increased by 226.3 Cr between Mar'25 and Feb'25

Compare Mirae Asset Healthcare Fund

Mirae Asset Healthcare Fund

VS

Nippon India Pharma Fund Direct Growth

Frequently Asked Questions for Mirae Asset Healthcare Fund Direct Growth

What is the current NAV of Mirae Asset Healthcare Fund Direct Growth?

The current NAV of Mirae Asset Healthcare Fund Direct Growth is ₹39.99 as on 12-May-2025.

What are the average returns of Mirae Asset Healthcare Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
Mirae Asset Healthcare Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.85%
2.85%
6 Month Returns
-3.39%
-3.39%
1 Year Returns
19.35%
19.35%
3 Years Returns
87.32%
23.27%

How do I invest in Mirae Asset Healthcare Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Mirae Asset Healthcare Fund Direct Growth?

0.52% as on April 2025

What is net assets under management (AUM) of Mirae Asset Healthcare Fund Direct Growth?

₹2667 Cr as on April 2025

What are the top 5 holdings of Mirae Asset Healthcare Fund Direct Growth?

Sun Pharmaceuticals Industries Ltd(11.9%), Aurobindo Pharma Ltd(7.12%), Cipla Ltd(6.91%), Divi's Laboratories Ltd(6.6%), Lupin Ltd(6.2%) as on April 2025

What are the top 3 sectors that this Mirae Asset Healthcare Fund Direct Growth has invested in?

Health(98.25%), Basic Materials(1.3%), Industrial(0%) as on April 2025

What is the alpha of Mirae Asset Healthcare Fund Direct Growth?

The alpha ratio for the Mirae Asset Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Healthcare Fund Direct Growth
-0.77
-0.29
1.11
As on April 2025
The alpha for Mirae Asset Healthcare Fund Direct Growth is calculated against BSE Healthcare TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Mirae Asset Healthcare Fund Direct Growth??

The Beta ratio for the Mirae Asset Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Healthcare Fund Direct Growth
1.04
0.98
0.99
As on April 2025
The Beta for Mirae Asset Healthcare Fund Direct Growth is calculated with BSE Healthcare TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Mirae Asset Healthcare Fund Direct Growth?

The sharpe ratio for the Mirae Asset Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Healthcare Fund Direct Growth
0.63
0.79
1.07
As on April 2025
The sharpe ratio for Mirae Asset Healthcare Fund Direct Growth is calculated with BSE Healthcare TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Mirae Asset Healthcare Fund Direct Growth?

The standard deviation for the Mirae Asset Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Healthcare Fund Direct Growth
20.99
17.07
16.86
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Mirae Asset Healthcare Fund Direct Growth?

Sortino ratio is 1.4 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of Mirae Asset Healthcare Fund Direct Growth?

Vrijesh Kasera is the fund manager of Mirae Asset Healthcare Fund Direct Growth

What is the exit load of Mirae Asset Healthcare Fund Direct Growth?

The Exit load of Mirae Asset Healthcare Fund Direct Growth is 1%