- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Healthcare Fund (RIDCW-A)
Formerly Mirae Asset Healthcare Reg DR
Mirae Asset Healthcare Fund (RIDCW-A)
₹ 21.301
NAV (Apr 22)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 21.301
NAV (Apr 22)
Fund Returns
Last 1Y | 45.7% |
Last 3Y | 13.7% |
Last 5Y | 22.8% |
Last 10Y | NA |
Since Inception | 20.3% |
6 Month CAGR | 20.1% |
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 | 1.99 |
Launched (6y ago) | Jun 02, 2018 |
AUM in Crores | 2235.151 |
ISIN | INF769K01EC8 |
Lock-in | No Lock-in |
Benchmark | S&P BSE Healthcare TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 15.5 |
Standard Deviation (5yr) | 19.1 |
Beta (3yr) | 0.94 |
Beta (5yr) | 0.94 |
Sharpe Ratio (3yr) | 0.765 |
Sharpe Ratio (5yr) | 0.923 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Healthcare Fund (RIDCW-A) | 13,13,834 | 5,81,222 | 22.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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
14.9%cipla ltd
9.6%aurobindo pharma ltd
8.2%dr reddy's laboratories ltd
7.2%apollo hospitals enterprise ltd
6.3%Allocation by Sector
healthcare
96.4%basic materials
1.8%financial services
1.4%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 14,075 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18.8% | 18.8% | ||
18% | 18.2% | ||
24.7% | 26.9% | ||
14.8% | 21% | ||
10.9% | 11.4% |
Mirae Asset Healthcare Fund (RIDCW-A) Review
Mirae Asset Healthcare Fund (RIDCW-A) is a Sectoral / Thematic - Pharma And Healthcare Equity fund and has delivered an annualised return of 20.3% over a period of 5 years. The fund was previously known as Mirae Asset Healthcare Reg DR. 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 (RIDCW-A) as of 4/22/2024 is ₹21.30 with the total AUM as of 4/23/2024 is ₹2235.151. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Healthcare Fund (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A) is rated as a 4 fund in Equity and delivered 45.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Healthcare Fund (RIDCW-A).
Frequently Asked Questions
What is Mirae Asset Healthcare Fund (RIDCW-A)?
How to invest in Mirae Asset Healthcare Fund (RIDCW-A)?
You can invest in Mirae Asset Healthcare Fund (RIDCW-A) 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 (RIDCW-A)?
The minimum sip amount for Mirae Asset Healthcare Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Healthcare Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Healthcare Fund (RIDCW-A) is a Top Ranked fund. You can investMirae Asset Healthcare Fund (RIDCW-A) 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 (RIDCW-A)?
The expense ratio of the Mirae Asset Healthcare Fund (RIDCW-A) is 1.99% for regular plan.