Mirae Asset Healthcare Fund Direct Growth | Pros & Cons NAV(21.75)

Mirae Asset Healthcare Fund Direct Growth

Fund Information

Objective

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.

Very High Risk

Nifty Pharma

Benchmark

2018-07-02

Launched On

Type

Min SIP

5000

Min Investment

1885

AUM in Crores

0.55

Expense Ratio

1.00

Exit Load

Mirae Asset Investment Managers (India) Pvt. Ltd.

Fund House

Vrijesh Kasera

Fund Managers

Mirae Asset Healthcare Fund Direct Pros & Cons

Pros

  • Lower Expense Ratio
  • 3 years avg returns are higher than benchmark

Cons

  • Mirae Asset Healthcare Fund Direct Growth is ranking 9th in last 5 years

Average Returns

Fund Name1Y (%)3Y (%)5Y (%)7Y (%)10Y (%)15Y (%)
Mirae Asset Healthcare Fund Direct Growth 
17.9730.73
Nifty Pharma
6.2416.45.162.3411.2811.83

Mirae Asset Healthcare Fund Direct Rolling Returns

Fund Name3 Year (%)5 Year (%)
AverageMaxMinAverageMaxMin
Mirae Asset Healthcare Fund Direct Growth 
30.7733.628.27
Nifty Pharma
15.4346.82-14.614.7833.55-12.05

Risk Parameters

Fund NameMeanStdSharpeBetaAlpha
Mirae Asset Healthcare Fund Direct Growth 
38.6921.321.5930.8321.57
Nifty Pharma
19.6624.850.601--
Risk Parameters are calculated for the last 3 years data.

Calender Year Returns

Performance

Best PerformanceWorst Performance
PeriodReturnsPeriodReturns
Week2020-04-03 - 2020-04-10
16.56
2020-03-11 - 2020-03-18
-11.74
Month2020-03-23 - 2020-04-23
36.36
2020-02-19 - 2020-03-19
-16.75
Quarter2020-03-23 - 2020-07-23
54.83
2018-09-07 - 2019-01-07
-8.53
Year2020-03-23 - 2021-03-23
93.05
2018-08-28 - 2019-08-28
-6.75

Portfolio

Stock NameSector% of Total Holdings
Sun Pharmaceutical Industries Ltd.Healthcare11.63
Dr. Reddys Laboratories Ltd.Healthcare9.52
Divi's Laboratories Ltd.Healthcare8.16
Cipla Ltd.Healthcare7.82
Torrent Pharmaceuticals Ltd.Healthcare5.6
Apollo Hospitals Enterprise Ltd.Healthcare5.27
Lupin Ltd.Healthcare5.14
Aurobindo Pharma Ltd.Healthcare4.56
Ipca Laboratories Ltd.Healthcare4.32
Natco Pharma Ltd.Healthcare3.93
Biocon Ltd.Healthcare2.95
Laurus Labs Ltd.Healthcare2.88
Ajanta Pharma Ltd.Healthcare2.77
Gland Pharma Ltd.Healthcare2.64
Vinati Organics Ltd.Chemicals2.36
Deepak Nitrite Ltd.Chemicals2.24
Alkem Laboratories Ltd.Healthcare2.06
SBI Life Insurance Company Ltd.Financials1.96
SRF Ltd.Diversified1.95
JB Chemicals & Pharmaceuticals Ltd.Healthcare1.84
Fortis Healthcare Ltd.Healthcare1.7
Dr. Lal Pathlabs Ltd.Healthcare1.61
Max Financial Services Ltd.Financials1.24
ICICI Lombard General Insurance Co Ltd.Financials1.17
HDFC Life Insurance Co Ltd.Financials1.02
Syngene International Ltd.Miscellaneous0.96
Rossari Biotech Ltd.Chemicals0.36
Abbott India Ltd.Healthcare0.1
Sanofi India Ltd.Healthcare0.04
Sun Pharmaceutical IndustriesHealthcare13.53
Dr. Reddy's LabHealthcare8.43
Divi's LaboratoriesHealthcare7.91
Apollo HospitalsHealthcare7.19
CiplaHealthcare7.14
Torrent PharmaceuticalsHealthcare5.58
Ipca LaboratoriesHealthcare4.18
Fortis HealthcareHealthcare3.82
LupinHealthcare3.7
Gland PharmaHealthcare3.15
Aurobindo PharmaHealthcare3.13
JB Chemicals & PharmaHealthcare3.05
Ajanta PharmaHealthcare2.88
Natco PharmaHealthcare2.83
Krishna Institute Of Medical SciencesHealthcare2.6
BioconHealthcare2.38
Alkem LaboratoriesHealthcare2.25
Clean Science And TechnologyChemicals2.13
SBI Life Insurance CompanyInsurance2.06
Vijaya Diagnostic CentreHealthcare2.01
Vinati OrganicsChemicals2
Dr. Lal PathlabsHealthcare1.69
SRFDiversified1.56
Tatva Chintan Pharma ChemChemicals1.28
Max Financial ServicesFinancial1.14
Sun Pharmaceutical IndustriesHealthcare13.77
Dr. Reddy's LabHealthcare9.1
Divi's LaboratoriesHealthcare8.9
Apollo HospitalsHealthcare7.17
CiplaHealthcare7.04
Torrent PharmaceuticalsHealthcare5.52
Ipca LaboratoriesHealthcare4.01
LupinHealthcare3.76
Fortis HealthcareHealthcare3.71
Gland PharmaHealthcare3.29
JB Chemicals & PharmaHealthcare2.87
Aurobindo PharmaHealthcare2.85
Ajanta PharmaHealthcare2.81
Krishna Institute Of Medical SciencesHealthcare2.79
Natco PharmaHealthcare2.75
BioconHealthcare2.41
Alkem LaboratoriesHealthcare2.14
Vijaya Diagnostic CentreHealthcare2.08
Vinati OrganicsChemicals2.07
SBI Life Insurance CompanyInsurance2.04
Clean Science And TechnologyChemicals1.92
Dr. Lal PathlabsHealthcare1.69
Tatva Chintan Pharma ChemChemicals1.54
ICICI Lombard General Insurance CompanyInsurance1.45
Max Financial ServicesFinancial1.15

AUM Yearly

YearScheme Total AumCategory Total Aum
20211458.980.00
20201209.930.00
2019366.9169743.22

Mirae Asset Healthcare Fund Direct Details

Mirae Asset Healthcare Fund Direct Growth is a mutual fund scheme launched by Mirae Asset Investment Managers (India) Pvt. Ltd..This fund has been launched on 2018-07-02. Mirae Asset Healthcare Fund Direct Growth currently has 1885 crores of assets under management (AUM) and has an expense ratio of 0.55 which is lower than what most other Large Cap funds charge.


Mirae Asset Healthcare Fund Direct Growth has given returns of 17.97% in the last 1 year and 30.73% in the last 3 years. And since launch the fund has given 22.78% returns.


This fund invests in companies which are fundamentally strong and having growth potential.


Min sip to invest in this fund is Rs. and lumpsum investment is Rs.5000.

The top holdings of the fund are Sun Pharmaceutical Industries Ltd. , Dr. Reddys Laboratories Ltd. , Divi's Laboratories Ltd. , Cipla Ltd. , Torrent Pharmaceuticals Ltd.

Frquently Asked Questions

1. What is the NAV of Mirae Asset Healthcare Fund Direct ?

The current Net Asset Value (NAV) of the Mirae Asset Healthcare Fund Direct is 21.75

2. Mirae Asset Healthcare Fund Direct Rolling Returns

The 3 year rolling returns of the Mirae Asset Healthcare Fund Direct :

  • Mean : 30.77%
  • Max : 33.6%
  • Min : 28.27%

3. How do I invest in Mirae Asset Healthcare Fund Direct ?

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Mirae Asset Healthcare Fund Direct Growth



Investment Duration 3 years

Disclaimer

Please note that these calculators are for illustrations only and do not represent actual returns. Mutual Funds do not have a fixed rate of return and it is not possible to predict the rate of return.