- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Healthcare Fund (Growth)
Mirae Asset Healthcare Fund (Growth)
₹ 20.775
NAV (May 27)
Top Ranked
Scripbox recommends other funds for investment in sectoral / thematic - pharma and healthcare.
Click here to see our recommendations.
Sectoral / thematic - pharma and healthcare funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Track Record
4 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
1,790 Cr. Large within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
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Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 20.775
NAV (May 27)
Fund Returns
Last 1Y | -3.4% |
Last 3Y | 27.1% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 20.1% |
6 Month CAGR | -11.3% |
Scheme Information
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 | 2.05 |
Launched (4y ago) | Jun 02, 2018 |
AUM in Crores | 1789.629 |
ISIN | INF769K01EA2 |
Lock-in | No Lock-in |
Benchmark | S&P BSE Healthcare TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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
Top Stock Holdings
sun pharmaceuticals industries ltd
16.2%dr reddy's laboratories ltd
8.8%cipla ltd
7.7%apollo hospitals enterprise ltd
7.2%torrent pharmaceuticals ltd
5.5%
Allocation by Sector
healthcare
91.5%financial services
4.3%basic materials
4.2%Comparison with Equity Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 4,388 cr | |||
₹ 13,113 cr | |||
₹ 13,113 cr | |||
₹ 4,388 cr | |||
₹ 4,388 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset Investment Managers (India) Private Limited manages assets worth 101,554 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
16.8% | 17.9% | ||
15.9% | 17.4% | ||
17.9% | 20.5% | ||
27.1% | 20.1% | ||
17.8% | 20.2% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsMirae 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 20.1% over a period of 3 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 5/27/2022 is ₹20.77 with the total AUM as of 5/29/2022 is ₹1789.629. 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 -3.4% 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)?
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 2.05% for regular plan.