Mirae Asset Healthcare Fund Direct - Growth
(Scheme Rating)
NAV as of Jun 12, 2026
47.750.44%
- Growth - Direct
(Earn upto 1.45% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Pharma
Expense Ratio:
0.52%(0.86% Category
average)Fund Size:
Rs. 3,090.51 Cr(8.64% of Investment in Category)
Mirae Asset Healthcare Fund Direct - Growth
(Scheme Rating)
NAV as of Jun 12, 2026
47.750.44%
Expense Ratio:
0.52%
Fund Size:
Rs. 3,090.51 Cr
Fund Category:
Equity: Sectoral-Pharma
1. Current NAV: The Current Net Asset Value of the Mirae Asset Healthcare Fund - Direct Plan as of Jun 12, 2026 is Rs 47.75 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 13.29% (1yr), 26.67% (3yr), 15.62% (5yr) and 21.73% (since launch). Whereas, Category returns for the same time duration are: 9.63% (1yr), 23.51% (3yr) and 13.16% (5yr).
3. Fund Size: The Mirae Asset Healthcare Fund - Direct Plan currently holds Assets under Management worth of Rs 3090.51 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.52% for Direct plan as on Jun 12, 2026.
5. Exit Load: Mirae Asset Healthcare Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 1 year."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Healthcare Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.46 7.78 11.18 13.29 26.67 15.62 Category Avg 2.74 8.22 7.50 9.63 23.51 13.16 Rank within Category 15 18 5 6 3 3 No. of funds within Category 33 33 30 27 17 12 - Loading...
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Return Comparison
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Mirae Asset Healthcare Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks 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.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Jul 02, 2018 |
| Benchmark | |
| Return Since Launch | 21.73% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Above Average |
Mirae Asset Healthcare Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 1% if redeemed within 1 year. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | DEC 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 30 | 32 | 33 | 32 | 32 | 34 |
| Top 5 Company Holdings | 38.05% | 39.43% | 40.1% | 39.87% | 39.38% | 39.27% |
| Top 10 Company Holdings | 58.95% | 60.42% | 61.08% | 62.34% | 61.08% | 60.76% |
| Company with Highest Exposure | Sun Pharmaceutical Industries (11.13%) | Sun Pharmaceutical Industries (11.76%) | Sun Pharmaceutical Industries (12.2%) | Sun Pharmaceutical Industries (11.77%) | Sun Pharmaceutical Industries (12.11%) | Sun Pharmaceutical Industries (12.44%) |
| Number of Sectors | 2 | 2 | 3 | 3 | 3 | 3 |
| Top 3 Sector Holdings | 99.36% | 99.95% | 99.92% | 99.72% | 99.75% | 99.46% |
| Top 5 Sector Holdings | 99.36% | 99.95% | 99.92% | 99.72% | 99.75% | 99.46% |
| Sector with Highest Exposure | Healthcare (98.24%) | Healthcare (98.84%) | Healthcare (98.54%) | Healthcare (98.16%) | Healthcare (98.11%) | Healthcare (97.65%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Sun Pharmaceutical Industries Healthcare 11.13 - - -0.63 Divi's Laboratories Healthcare 8.03 - - -0.20 JB Chemicals Healthcare 6.45 - - 0.06 Glenmark Pharmaceuticals Healthcare 6.4 - - -0.72 Apollo Hospitals Enterprise Healthcare 6.04 - - 0.11 Laurus Labs Healthcare 4.35 - - 0.65 Lupin Healthcare 4.28 - - -0.29 Dr. Reddy's Laboratories Healthcare 4.27 - - -0.17 Aurobindo Pharma Healthcare 4.12 - - -0.10 Fortis Healthcare Healthcare 3.88 - - -0.18
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Healthcare Fund Direct - Growth 47.75 3,090.51 2.46 13.29 26.67 15.62 SBI Healthcare Opportunities Fund Direct Plan-Growth 545.63 4,565.95 3.74 11.79 26.49 16.59 UTI Healthcare Fund Direct-Growth 355.96 1,216.85 4.41 10.95 27.77 15.08 ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct - Growth 45.09 6,453.52 1.37 6.27 27.79 16.17 Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct - Growth 22.77 178.14 3.30 14.07 20.93 12.93
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
16.89VS16.03Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.97VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.16VS1.11Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
20.08VS19.60Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
1.00VS0.43Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
25.41VS23.66Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
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Fund Manager
- V.K.Vrijesh KaseraSince Jun 20182 schemes
Mr. Kasera is a MBA (Finance), CFA (ICFAI). Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Aggressive Hybrid Fund Direct-Growth Aggressive Hybrid 38.29 9,285.29 3.22 Mirae Asset Equity Savings Fund Direct - Growth Equity Savings 22.49 1,949.66 4.68
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund Direct-Growth | 42,337.71 | -3.40 | 0.29 | -4.43 | -0.70 | 14.79 | |
| Mirae Asset Large Cap Fund Direct- Growth | 38,239.21 | -3.21 | -2.32 | -8.06 | -4.94 | 9.99 | |
| Mirae Asset ELSS Tax Saver Fund Direct-Growth | 25,266.67 | -2.56 | 0.78 | -4.59 | -1.26 | 14.53 | |
| Mirae Asset Midcap Fund Direct - Growth | 18,387.66 | -3.54 | 4.00 | -0.79 | 3.88 | 19.41 | |
| Mirae Asset Liquid Fund Direct- Growth | 11,181.69 | 0.53 | 1.71 | 3.19 | 6.19 | 6.97 | |
| Mirae Asset Aggressive Hybrid Fund Direct-Growth | 9,363.48 | -2.87 | -0.88 | -2.05 | 0.96 | 12.38 | |
| Mirae Asset Focused Fund Direct - Growth | 6,596.39 | -1.77 | 1.41 | -10.20 | -10.30 | 7.11 | |
| Mirae Asset Multicap Fund Direct - Growth | 4,954.25 | -3.27 | 1.39 | -4.00 | -1.55 | - | |
| Mirae Asset Great Consumer Fund Direct-Growth | 4,455.50 | -4.12 | 1.12 | -7.40 | -4.67 | 11.60 | |
| Mirae Asset Money Market Fund Direct - Growth | 4,397.56 | 0.50 | 1.55 | 2.89 | 5.99 | 7.34 |
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1. Mirae Asset Healthcare Fund - Direct Plan is Open-ended Sectoral-Pharma Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Jul 02, 2018.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against null.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.36% in equities, 0.01% in debts and 0.64% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 58.95% of the assets, the top 3 sectors constitute around 99.36% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Healthcare Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Mirae Asset Healthcare Fund Direct - Growth
- Is it safe to invest in Mirae Asset Healthcare Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Healthcare Fund - Direct Plan comes under Very High risk category.
- What is the category of Mirae Asset Healthcare Fund - Direct Plan?Mirae Asset Healthcare Fund - Direct Plan belongs to the Equity : Sectoral-Pharma category of funds.
- How Long should I Invest in Mirae Asset Healthcare Fund - Direct Plan?The suggested investment horizon of investing into Mirae Asset Healthcare Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Healthcare Fund - Direct Plan?The Mirae Asset Healthcare Fund - Direct Plan is managed by Vrijesh Kasera (Since Jun 11, 2018).
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