Mirae Asset Healthcare Fund Direct Growth

Very High Risk
Equity
Sector - Healthcare

NAV as on Nov 26, 2025

Price per unit of the scheme.

₹ 43.30401.02%1 Day Change

-0.64%

Minimum Investment₹5000

Expense Ratio0.59%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mirae Asset Healthcare Fund Direct Growth

Equity: Sector - Healthcare Average NAV

Topper in Equity: Sector - Healthcare

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mirae Asset Healthcare Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

S&P BSE Healthcare TR INR

Expense Ratio

0.59%

Category Avg Expense Ratio

1.01%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 2,821.22 Cr(As on Oct, 2025)

Inception Date

Jun 02, 2018

Turnover

15.00 %

Exit Load

I. For investors who have opted for SWP under the plan:a) 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.b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load (Redemption of units would be done on First In First Out Basis (FIFO):If redeemed within 1 year (365 days) from the date of allotment 1%If redeemed after 1 year (365 days) from the date of allotment NILII. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out):If redeemed within 1 year (365 days) from the date of allotment 1%If redeemed after 1 year (365 days) from the date of allotment NIL

ABOUT THE 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.

Mirae Asset Healthcare Fund Direct Growth is an Equity - Sector - Healthcare fund. The fund was launched inJun 02, 2018. Its risk level is . The NAV of the fund as onNov 26, 2025 is ₹43.30. Its expense ratio is 0.59 %. The fund has an AUM of ₹2,821.22 Cr.The fund is managed byVrijesh Kasera.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Vrijesh Kasera

Lead Fund Manager.

Jul 2, 2018 - Present

Fund Manager Rank9Out of 10
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed4
Total AUM₹ 17,281.97 Cr
Highest Return In 1 Yr10.74 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Flexi Cap Fund Direct Growth

₹ 17.21

2.76%

0.67%

Very High Risk

₹3,303.69Cr

Mirae Asset Healthcare Fund Direct Growth

₹ 43.30

-0.64%

-0.73%

Very High Risk

₹2,821.22Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹ 39.11

1.51%

-0.21%

Very High Risk

₹9,424.67Cr

Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk--

NAV₹ 17.21
Fund Size₹3,303.69Cr

Fund Return2.76%

Category Return0.67%

Mirae Asset Healthcare Fund Direct Growth

Very High Risk--

NAV₹ 43.30
Fund Size₹2,821.22Cr

Fund Return-0.64%

Category Return-0.73%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV₹ 39.11
Fund Size₹9,424.67Cr

Fund Return1.51%

Category Return-0.21%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Oct, 2025

EQUITY (99.31%)

DEBT (-%)

CASH (0.68%)

Allocation by Market Cap

Large Cap(45.88%)

Mid Cap(24.39%)

Small Cap(26.90%)

Other Cap(0.01%)

Industry Holdings

Stock Holdings

Sun Pharmaceuticals Industries Ltd12.01%
Divi's Laboratories Ltd8.88%
Glenmark Pharmaceuticals Ltd6.41%
Dr Reddy's Laboratories Ltd6.36%
Apollo Hospitals Enterprise Ltd6.21%
J.B. Chemicals & Pharmaceuticals Ltd5.55%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
-0.57
This Fund
VS
-0.21
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
96.72
This Fund
VS
94.66
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
1.00
This Fund
VS
0.96
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.91
This Fund
VS
0.93
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.65
This Fund
VS
1.67
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
16.46
This Fund
VS
16.01
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,08,786.39 crores. It’s current offering of mutual fund schemes includes 22 equity, 14 debt and 13 hybrid schemes.

Phone

022-6780 0300

customercare@miraeasset.com

AUM

₹ 2,08,786.39 Cr (

As on Oct 31, 2025

)

Address

Unit No. 606, 6th Floor, Mumbai,400 098

FAQ's

What is the category of Mirae Asset Healthcare Fund Direct Growth ?

The category of Mirae Asset Healthcare Fund Direct Growth is Equity - Sector - Healthcare

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

The current NAV of Mirae Asset Healthcare Fund Direct Growth as on Nov 26, 2025 is ₹43.30

How safe is Mirae Asset Healthcare Fund Direct Growth ?

The risk level of Mirae Asset Healthcare Fund Direct Growth is Very High.

What are short term returns given by Mirae Asset Healthcare Fund Direct Growth ?

The return given by Mirae Asset Healthcare Fund Direct Growth in 1 month is -0.64%, 3 months is 0.54%, 6 months is 5.50%, and 1 year is 4.61%

What are the long term returns given by Mirae Asset Healthcare Fund Direct Growth ?

The return given by Mirae Asset Healthcare Fund Direct Growth in 3 years is 22.61% and 5 years is 18.83%.

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

The expense ratio of Mirae Asset Healthcare Fund Direct Growth is 0.59%

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

The assets under Management (AUM) of Mirae Asset Healthcare Fund Direct Growth is Rs 2,821.22 crores.

What is the minimum investment in Mirae Asset Healthcare Fund Direct Growth ?

The minimum Lumpsum investment in Mirae Asset Healthcare Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Mirae Asset Healthcare Fund Direct Growth is ₹1,000.00

What is the asset allocation of Mirae Asset Healthcare Fund Direct Growth?

Mirae Asset Healthcare Fund Direct Growth has an exposure of 99.31% in Equity and 0.68% in Cash & Money Market Securities