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  • Mirae Asset Mutual Fund
  • Mirae Asset Healthcare Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Healthcare Fund (Growth)

EquitySectoral / Thematic - Pharma And Healthcare
Top Ranked

31.536

NAV (May 28)

25.4%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within sectoral / thematic - pharma and healthcare mutual funds.

The pharma benchmark index itself has been a material underperformer over an extended time frame.

Contrary to common perception, this category is also characterised by higher volatility.Investing in these funds will require investors to have a unique insight into the specific areas of investment that these funds focus on.In addition the investor will need to have the ability,inclination and expertise to monitor the prospects closely.Investors are therefore better off investing in diversified funds rather than this category.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

31.536

NAV (May 28)

Fund Returns

Last 1Y
48.6%
Last 3Y
13.4%
Last 5Y
25.4%
Last 10Y
NA
Since Inception
21%
6 Month CAGR
16.5%

Scheme Information

Investment 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.

Expense Ratio
1.99
Launched (6y ago)
Jun 02, 2018
AUM in Crores
2236.015
ISIN
INF769K01EA2
Lock-in
No Lock-in
Benchmark
S&P BSE Healthcare TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
14.7
Standard Deviation (5yr)
19
Beta (3yr)
0.95
Beta (5yr)
0.94
Sharpe Ratio (3yr)
0.667
Sharpe Ratio (5yr)
0.952
YTM
0
Fund Managers

Vrijesh Kasera

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Healthcare Fund (Growth)70%14,12,660 6,80,04825.4%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-05-28

Top Stock Holdings

sun pharmaceuticals industries ltd

13.8%
13.8%

cipla ltd

9.7%
9.7%

aurobindo pharma ltd

9.3%
9.3%

dr reddy's laboratories ltd

7.2%
7.2%

apollo hospitals enterprise ltd

6%
6%
See all holdings

Allocation by Sector

healthcare

97%
97%

financial services

1.4%
1.4%

basic materials

1.2%
1.2%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 22,471 cr

₹ 18,691 cr

₹ 14,859 cr

₹ 42,664 cr

₹ 63,933 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 165,814 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
phone-img022-67800300
Fund NameScripbox Opinion
Till Date CAGR

17.1%

19.1%

16.3%

18.5%

22.6%

27.9%

13.4%

21%

10.3%

11.6%

Mirae Asset Healthcare Fund (G) Review

Mirae Asset Healthcare Fund (G) is a Sectoral / Thematic - Pharma And Healthcare Equity fund and has delivered an annualised return of 21% over a period of 5 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Vrijesh Kasera.

Nav of Mirae Asset Healthcare Fund (G) as of 5/28/2024 is ₹31.54 with the total AUM as of 5/29/2024 is ₹2236.015. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Healthcare Fund (G) was launched on Jun 02, 2018. The category risk of the fund is Very High Risk.

The minimum SIP amount for Mirae Asset Healthcare Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Healthcare Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE Healthcare TR INR.

Mirae Asset Healthcare Fund (G) is rated as a 4 fund in Equity and delivered 48.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Healthcare Fund (G).

Frequently Asked Questions

What is Mirae Asset Healthcare Fund (G)?

Mirae Asset Healthcare Fund (G) is a Sectoral / Thematic - Pharma And Healthcare Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Healthcare Fund (G)?

You can invest in Mirae Asset Healthcare Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Healthcare Fund (G)?

The minimum sip amount for Mirae Asset Healthcare Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Healthcare Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Healthcare Fund (G) is a Top Ranked fund. You can investMirae Asset Healthcare Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Healthcare Fund (G)?

The expense ratio of the Mirae Asset Healthcare Fund (G) is 1.99% for regular plan.