Mirae Asset Healthcare Fund – Direct Growth

Equity · Sectoral / Thematic
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.49 %
Expense Ratio
★★★
Rating
2,312
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 26 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 45.8% 16.4% 30.4% 24.9%
Category Average 48.3% 13.2% 22.1% -

Scheme Allocation

By Holding
By Sector
By Asset
9.49%
Others
54.72%
View all Holdings
Holdings Sector Instrument Asset
Sun Pharma.Inds. Pharmaceuticals Equity 12.9%
Cipla Pharmaceuticals Equity 9.49%
Aurobindo Pharma Pharmaceuticals Equity 9.34%
Dr Reddy's Labs Pharmaceuticals Equity 7.44%
Apollo Hospitals Healthcare Equity 6.11%
Divi's Lab. Pharmaceuticals Equity 4.54%
Lupin Pharmaceuticals Equity 4.53%
Glenmark Pharma. Pharmaceuticals Equity 4.02%
Krishna Institu. Healthcare Equity 4.01%
Gland Pharma Pharmaceuticals Equity 3.93%
Torrent Pharma. Pharmaceuticals Equity 3.88%
Fortis Health. Healthcare Equity 3.36%
J B Chemicals & Pharmaceuticals Equity 3.26%
Max Healthcare Healthcare Equity 2.71%
Zydus Lifesci. Pharmaceuticals Equity 2.52%
Syngene Intl. Healthcare Equity 2.33%
Alkem Lab Pharmaceuticals Equity 1.93%
Ajanta Pharma Pharmaceuticals Equity 1.81%
Ipca Labs. Pharmaceuticals Equity 1.61%
Mankind Pharma Pharmaceuticals Equity 1.55%
Wockhardt Pharmaceuticals Equity 1.44%
Dr Lal Pathlabs Healthcare Equity 1.42%
Max Financial Finance Equity 1.25%
Biocon Pharmaceuticals Equity 1.16%
Natco Pharma Pharmaceuticals Equity 1.09%
Sanofi India Pharmaceuticals Equity 0.75%
Sanofi Consumer - Equity 0.44%
Vinati Organics Chemicals Equity 0%
Laurus Labs Pharmaceuticals Equity 0%
Pharmaceuticals & Biotech
78.09%
Healthcare Services
19.39%
Insurance
1.26%
Chemicals & Petrochemical
0.82%
Cash & Others
0.33%
Others
0.12%
View all Sectors
Sectors Asset
Pharmaceuticals & Biotech 78.09%
Healthcare Services 19.39%
Insurance 1.26%
Chemicals & Petrochemical 0.82%
Cash & Others 0.33%
Debt 0.11%
Others 0.01%
Equity
98.83%
Reverse Repos
1.19%
Mutual Funds Units
0.01%
Net Curr Ass/Net Receivables
-0.02%

Advance Ratio

1.54
Alpha
4.24
SD
0.94
Beta
0.47
Sharpe

Exit Load

Exit Load 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. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.

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.

Fund Managers

Vrijesh Kasera

Mr Vrijesh Kasera’s professional experience of over ten years has helped propel and facilitate his investment research and analysis career. Before joining the Mirae Asset India AMC, he successfully served at Edelweiss Broking Ltd and Axis Capital as their equity research analyst. He has great knowledge about investment planning and strategic research decisions. Currently, he manages about six mutual funds at the fund house.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,74,622 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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Frequently Asked Questions

How to invest in Mirae Asset Healthcare Fund – Direct Growth ?

You can invest in Mirae Asset Healthcare Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Healthcare Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

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

The NAV of Mirae Asset Healthcare Fund – Direct Growth is ₹39.2 as of 26 July 2024.

How to redeem Mirae Asset Healthcare Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Healthcare Fund – Direct Growth?

The minimum SIP amount of Mirae Asset Healthcare Fund – Direct Growth is ₹500

What are the top sectors Mirae Asset Healthcare Fund – Direct Growth has invested in?

The top sectors Mirae Asset Healthcare Fund – Direct Growth has invested in are
  1. Pharmaceuticals & Biotech - 78.09%
  2. Healthcare Services - 19.39%
  3. Insurance - 1.26%
  4. Chemicals & Petrochemical - 0.82%
  5. Cash & Others - 0.33%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Healthcare Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Healthcare Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Mirae Asset Healthcare Fund – Direct Growth generated ?

The Mirae Asset Healthcare Fund – Direct Growth has delivered 24.9% since inception

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

The expense ratio of Mirae Asset Healthcare Fund – Direct Growth is 0.49 % as of 26 July 2024.

What is the AUM of Mirae Asset Healthcare Fund – Direct Growth?

The AUM of Mirae Asset Healthcare Fund – Direct Growth is ₹1,74,622 Cr as of 26 July 2024

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

The top stock holdings of Mirae Asset Healthcare Fund – Direct Growth are
  1. Sun Pharma.Inds. - 12.9%
  2. Cipla - 9.49%
  3. Aurobindo Pharma - 9.34%
  4. Dr Reddy's Labs - 7.44%
  5. Apollo Hospitals - 6.11%

How can I redeem my investments in Mirae Asset Healthcare Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Healthcare Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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