Mirae Asset Healthcare Fund Direct Growth

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Mirae Asset Healthcare Fund Direct Growth

Very High Risk
Equity
Sector - Healthcare

NAV as on Feb 27, 2025

Price per unit of the scheme.

₹ 37.6660 -0.75% 1 Day Change

-5.07%

Minimum Investment ₹5000

Expense Ratio 0.59%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

(As On --)

Compare fund’s performance against category average across different time periods

1M 3M 6M 1Y 3Y 5Y

-- Out of -- funds in the category

Category Avg Return
--

Fund Return

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mirae Asset Healthcare Fund Direct Growth

Equity: Sector - Healthcare Average NAV

Topper in Equity: Sector - Healthcare

ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth

All Fund

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mirae Asset Healthcare Fund Direct Growth

Investment Type

MONTHLY SIP ONE -TIME

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount

₹0
Return

₹0

Current Value

₹0

FUND SUMMARY

Benchmark

S&P BSE Healthcare TR INR

Expense Ratio

0.59 %

Category Avg Expense Ratio

1.00%

Minimum Investment (Lumpsum/SIP)

₹5000/₹1000

Lock In (Years)

No Lock-in

Fund Size

₹ 2,652.24 Cr(As on Jan, 2025)

Inception Date

Jun 2, 2018

Turnover

15.00 %

Exit Load

I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch in/STP in) on or before completion of 365 days from the date of allotment of units Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load (Redemption of units would be done on First In First Out Basis (FIFO): If redeemed within 1 year (365 days) from the date of allotment 1% If redeemed after 1 year (365 days) from the date of allotment NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): If redeemed within 1 year (365 days) from the date of allotment 1% If redeemed after 1 year (365 days) from the date of allotment NIL

ABOUT THE FUND

Objective: 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.

Mirae Asset Healthcare Fund Direct Growth is an Equity - Sector - Healthcare fund. The fund was launched in Jun 2, 2018. Its risk level is Very High. The NAV of the fund as on Feb 27, 2025 is ₹37.67. Its expense ratio is 0.59 %. The fund has an AUM of ₹2,652.24 Cr.The fund is managed by Vrijesh Kasera. The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Vrijesh Kasera

Lead Fund Manager.

Jul 2, 2018- Present

Fund Manager Rank 8 Out of 10
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed 4
Total AUM ₹ 15,180.86 Cr
Highest Return In 1 Yr 10.23 %

Other Funds

table
card

1M 3M 6M 1Y 3Y 5Y

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Flexi Cap Fund Direct Growth

₹14.07

-2.52%

-3.64%

Very High Risk

₹2,472.76Cr

Mirae Asset Healthcare Fund Direct Growth

₹37.67

-5.07%

-5.30%

Very High Risk

₹2,652.24Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹33.21

-1.93%

-2.54%

Very High Risk

₹8,685.12Cr

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Flexi Cap Fund Direct Growth

₹14.07

-9.67%

-12.22%

Very High Risk

₹2,472.76Cr

Mirae Asset Healthcare Fund Direct Growth

₹37.67

-8.67%

-9.20%

Very High Risk

₹2,652.24Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹33.21

-7.35%

-8.30%

Very High Risk

₹8,685.12Cr

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Flexi Cap Fund Direct Growth

₹14.07

-10.38%

-14.25%

Very High Risk

₹2,472.76Cr

Mirae Asset Healthcare Fund Direct Growth

₹37.67

-10.11%

-9.05%

Very High Risk

₹2,652.24Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹33.21

-9.17%

-9.81%

Very High Risk

₹8,685.12Cr

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Flexi Cap Fund Direct Growth

₹14.07

3.33%

1.68%

Very High Risk

₹2,472.76Cr

Mirae Asset Healthcare Fund Direct Growth

₹37.67

10.23%

8.75%

Very High Risk

₹2,652.24Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹33.21

4.85%

4.10%

Very High Risk

₹8,685.12Cr

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Flexi Cap Fund Direct Growth

₹14.07

13.52%

Very High Risk

₹2,472.76Cr

Mirae Asset Healthcare Fund Direct Growth

₹37.67

18.64%

18.30%

Very High Risk

₹2,652.24Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹33.21

12.28%

12.62%

Very High Risk

₹8,685.12Cr

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Flexi Cap Fund Direct Growth

₹14.07

16.30%

Very High Risk

₹2,472.76Cr

Mirae Asset Healthcare Fund Direct Growth

₹37.67

25.59%

23.01%

Very High Risk

₹2,652.24Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹33.21

14.95%

15.04%

Very High Risk

₹8,685.12Cr

1M 3M 6M 1Y 3Y 5Y

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

NAV ₹14.07
Fund Size ₹2,472.76Cr

Fund Return -2.52%

Category Return -3.64%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk --

NAV ₹37.67
Fund Size ₹2,652.24Cr

Fund Return -5.07%

Category Return -5.30%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV ₹33.21
Fund Size ₹8,685.12Cr

Fund Return -1.93%

Category Return -2.54%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

NAV ₹14.07
Fund Size ₹2,472.76Cr

Fund Return -9.67%

Category Return -12.22%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk --

NAV ₹37.67
Fund Size ₹2,652.24Cr

Fund Return -8.67%

Category Return -9.20%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV ₹33.21
Fund Size ₹8,685.12Cr

Fund Return -7.35%

Category Return -8.30%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

NAV ₹14.07
Fund Size ₹2,472.76Cr

Fund Return -10.38%

Category Return -14.25%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk --

NAV ₹37.67
Fund Size ₹2,652.24Cr

Fund Return -10.11%

Category Return -9.05%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV ₹33.21
Fund Size ₹8,685.12Cr

Fund Return -9.17%

Category Return -9.81%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

NAV ₹14.07
Fund Size ₹2,472.76Cr

Fund Return 3.33%

Category Return 1.68%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk --

NAV ₹37.67
Fund Size ₹2,652.24Cr

Fund Return 10.23%

Category Return 8.75%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV ₹33.21
Fund Size ₹8,685.12Cr

Fund Return 4.85%

Category Return 4.10%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

NAV ₹14.07
Fund Size ₹2,472.76Cr

Fund Return --

Category Return 13.52%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk --

NAV ₹37.67
Fund Size ₹2,652.24Cr

Fund Return 18.64%

Category Return 18.30%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV ₹33.21
Fund Size ₹8,685.12Cr

Fund Return 12.28%

Category Return 12.62%

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk --

NAV ₹14.07
Fund Size ₹2,472.76Cr

Fund Return --

Category Return 16.30%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk --

NAV ₹37.67
Fund Size ₹2,652.24Cr

Fund Return 25.59%

Category Return 23.01%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV ₹33.21
Fund Size ₹8,685.12Cr

Fund Return 14.95%

Category Return 15.04%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Jan 2025

EQUITY (99.83%)

DEBT (0.00%)

CASH (0.16%)

OTHERS (0.01%)

Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.

0.47

This Fund

VS

0.41

Category Avg
Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.

0.99

This Fund

VS

0.96

Category Avg
Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.

1.47

This Fund

VS

1.56

Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.

96.12

This Fund

VS

94.18

Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.

0.80

This Fund

VS

0.85

Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.

16.05

This Fund

VS

15.76

Category Avg

Benchmark used in calculation : BSE Healthcare PR

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y

table
card

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Nippon India Pharma Fund - Direct Plan - Growth Plan

₹511.45

-2.94%

-5.30%

Very High Risk

₹8,160.74 Cr

SBI Healthcare Opportunities Fund Direct Growth

₹443.45

-3.73%

-5.30%

Very High Risk

₹3,521.93 Cr

UTI Healthcare Fund-Growth Option- Direct

₹284.79

-3.93%

-5.30%

Very High Risk

₹1,150.43 Cr

DSP Healthcare Fund Direct Growth

₹40.25

-4.64%

-5.30%

Very High Risk

₹3,197.52 Cr

Aditya Birla Sun Life Pharma & Healthcare Fund Direct Growth

₹30.44

-4.73%

-5.30%

Very High Risk

₹815.09 Cr

IDBI Healthcare Fund Direct Growth

₹28.86

-4.74%

-5.30%

Very High Risk

₹83.89 Cr

Nippon India Pharma Fund - Direct Plan - Growth Plan

VERY HIGH RISK --

NAV ₹511.45
Fund Size ₹8,160.74 Cr

Fund Return -2.94%

Category Return -5.30%

SBI Healthcare Opportunities Fund Direct Growth

VERY HIGH RISK --

NAV ₹443.45
Fund Size ₹3,521.93 Cr

Fund Return -3.73%

Category Return -5.30%

UTI Healthcare Fund-Growth Option- Direct

VERY HIGH RISK --

NAV ₹284.79
Fund Size ₹1,150.43 Cr

Fund Return -3.93%

Category Return -5.30%

DSP Healthcare Fund Direct Growth

VERY HIGH RISK --

NAV ₹40.25
Fund Size ₹3,197.52 Cr

Fund Return -4.64%

Category Return -5.30%

Aditya Birla Sun Life Pharma & Healthcare Fund Direct Growth

VERY HIGH RISK --

NAV ₹30.44
Fund Size ₹815.09 Cr

Fund Return -4.73%

Category Return -5.30%

IDBI Healthcare Fund Direct Growth

VERY HIGH RISK --

NAV ₹28.86
Fund Size ₹83.89 Cr

Fund Return -4.74%

Category Return -5.30%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y

table
card

Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)

Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

₹13.43

28.85%

Very High Risk

₹86.32 Cr

Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

₹10.38

3.74%

Very High Risk

₹57.25 Cr

Mirae Asset Banking and Financial Services Fund Direct Growth

₹18.56

0.78%

0.58%

Very High Risk

₹1,735.72 Cr

Mirae Asset Savings Fund Direct Plan Growth

₹2,385.85

0.65%

0.43%

Moderate Risk

₹1,392.91 Cr

Mirae Asset Money Market Fund Direct Growth

₹1,241.75

0.64%

0.44%

Low to Moderate Risk

₹1,956.72 Cr

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

₹11.96

0.64%

Moderate Risk

₹810.07 Cr

Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

VERY HIGH RISK --

NAV ₹13.43
Fund Size ₹86.32 Cr

Fund Return 28.85%

Category Return --

Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

VERY HIGH RISK --

NAV ₹10.38
Fund Size ₹57.25 Cr

Fund Return 3.74%

Category Return --

Mirae Asset Banking and Financial Services Fund Direct Growth

VERY HIGH RISK --

NAV ₹18.56
Fund Size ₹1,735.72 Cr

Fund Return 0.78%

Category Return 0.58%

Mirae Asset Savings Fund Direct Plan Growth

MODERATE RISK

NAV ₹2,385.85
Fund Size ₹1,392.91 Cr

Fund Return 0.65%

Category Return 0.43%

Mirae Asset Money Market Fund Direct Growth

LOW TO MODERATE RISK --

NAV ₹1,241.75
Fund Size ₹1,956.72 Cr

Fund Return 0.64%

Category Return 0.44%

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

MODERATE RISK --

NAV ₹11.96
Fund Size ₹810.07 Cr

Fund Return 0.64%

Category Return --

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 1,92,897.66 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 11 hybrid schemes.

Phone

022-6780 0300

customercare@miraeasset.com

AUM

₹ 1,92,897.66 Cr (

As on Jan 2025

)

Address

Unit No. 606, 6th Floor, ,Mumbai ,400 098

FAQ’S

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

The category of Mirae Asset Healthcare Fund Direct Growth is Equity - Sector - Healthcare

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

The current NAV of Mirae Asset Healthcare Fund Direct Growth (as on Feb 27, 2025) is ₹ 37.67

How safe is Mirae Asset Healthcare Fund Direct Growth?

The risk level of Mirae Asset Healthcare Fund Direct Growth is Very High .

What are short term returns given by Mirae Asset Healthcare Fund Direct Growth?

The return given by Mirae Asset Healthcare Fund Direct Growth in 1 month is -5.07%, 3 months is -8.67%, 6 months is -10.11%, and 1 year is 10.23%.

What are the long term returns given by Mirae Asset Healthcare Fund Direct Growth?

The return given by Mirae Asset Healthcare Fund Direct Growth in 3 years is 18.64% and 5 years is 25.59%.

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

The expense ratio of Mirae Asset Healthcare Fund Direct Growth is 0.59 %

What is the AUM of Mirae Asset Healthcare Fund Direct Growth

The assets under Management (AUM) of Mirae Asset Healthcare Fund Direct Growth is Rs 2,652.24 crores.

What is the minimum investment in Mirae Asset Healthcare Fund Direct Growth?

The minimum Lumpsum investment in Mirae Asset Healthcare Fund Direct Growth is ₹5000 and the minimum SIP investment in Mirae Asset Healthcare Fund Direct Growth is ₹1000

What is the asset allocation of Mirae Asset Healthcare Fund Direct Growth?

The Mirae Asset Healthcare Fund Direct Growth has an exposure of 99.83% in Equity, and 0.16% in Cash & Money Market Securities

COMPANIES

INDICES ANALYSIS

AMCs

MUTUAL FUNDS

NEWS

Mirae Asset Healthcare Fund Direct Growth

FUND RATING

RISK-O-METER

FUND PERFORMANCE

FUND COMPARISON

RETURN CALCULATOR

FUND SUMMARY

ABOUT THE FUND

FUND MANAGER

DETAILED PORTFOLIO

PERFORMANCE MEASURES

HISTORICAL RISK MEASURES

PEER ANALYSIS

Top funds from this amc

ABOUT THE AMC

FAQ’S

CALCULATORS

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