Mirae Asset Healthcare Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Mirae Asset Healthcare Fund Direct Growth
Equity
Sectoral / Thematic
Very High Risk
30.44%
3Y annualised
-1.85% 1D
1M
6M
1Y
3Y
All
 NAV: 27 Jan 2022₹23.27
Min. SIP amount₹1,000
RatingNA
Fund size₹1,935.10Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA21.6%30.4%26.6%
Category averageNA58.4%28.2%NA
Rank with in categoryNA12NA
Understand terms
Holdings (26)NameSectorInstrumentAssets
Sun Pharmaceutical Industries Ltd.
HealthcareEquity13.6%
Dr. Reddy's Laboratories Ltd.
HealthcareEquity9.2%
Apollo Hospitals Enterprise Ltd.
HealthcareEquity7.9%
Divi's Laboratories Ltd.
HealthcareEquity7.5%
Cipla Ltd.
HealthcareEquity6.9%
Torrent Pharmaceuticals Ltd.
HealthcareEquity5.5%
Ipca Laboratories Ltd.
HealthcareEquity4.7%
Fortis Healthcare Ltd.
HealthcareEquity4.2%
Gland Pharma Ltd.
HealthcareEquity3.7%
Lupin Ltd.
HealthcareEquity3.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.49%
30 Nov 2021 - 31 Dec 2021
0.55%
31 Oct 2021 - 30 Nov 2021
0.56%
30 Sep 2021 - 31 Oct 2021
0.55%
31 Aug 2021 - 30 Sep 2021
0.56%
31 Jul 2021 - 31 Aug 2021
0.55%
30 Jun 2021 - 31 Jul 2021
0.56%
31 May 2021 - 30 Jun 2021
0.53%
30 Apr 2021 - 31 May 2021
0.55%
31 Mar 2021 - 30 Apr 2021
0.61%
28 Feb 2021 - 31 Mar 2021
0.59%
31 Jan 2021 - 28 Feb 2021
0.63%
31 Dec 2020 - 31 Jan 2021
0.59%
30 Nov 2020 - 31 Dec 2020
0.62%
31 Oct 2020 - 30 Nov 2020
0.68%
30 Sep 2020 - 31 Oct 2020
0.77%
31 Aug 2020 - 30 Sep 2020
0.75%
31 Jul 2020 - 31 Aug 2020
0.78%
30 Jun 2020 - 31 Jul 2020
0.83%
31 May 2020 - 30 Jun 2020
0.85%
30 Apr 2020 - 31 May 2020
0.78%
31 Mar 2020 - 30 Apr 2020
0.80%
29 Feb 2020 - 31 Mar 2020
0.83%
31 Jan 2020 - 29 Feb 2020
0.83%
31 Dec 2019 - 31 Jan 2020
0.79%
30 Nov 2019 - 31 Dec 2019
0.79%
31 Oct 2019 - 30 Nov 2019
0.79%
30 Sep 2019 - 31 Oct 2019
0.79%
31 Aug 2019 - 30 Sep 2019
0.76%
31 Jul 2019 - 31 Aug 2019
0.76%
30 Jun 2019 - 31 Jul 2019
0.76%
31 May 2019 - 30 Jun 2019
0.76%
30 Apr 2019 - 31 May 2019
0.76%
31 Mar 2019 - 30 Apr 2019
1.17%
28 Feb 2019 - 31 Mar 2019
1.21%
31 Jan 2019 - 28 Feb 2019
0.82%
31 Dec 2018 - 31 Jan 2019
0.85%
30 Nov 2018 - 31 Dec 2018
0.84%
31 Oct 2018 - 30 Nov 2018
0.84%
30 Sep 2018 - 31 Oct 2018
1.31%
31 Aug 2018 - 30 Sep 2018
1.31%
31 Jul 2018 - 31 Aug 2018
1.31%
Expense ratio, exit load and taxExpense ratio: 0.49%Inclusive of GST
Exit loadExit load of 1% if redeemed within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementVrijesh Kasera
Jun 2018 - Present
View details
Education
Mr. Kasera is a MBA (Finance), CFA (ICFAI).
Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
Also manages these schemes
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Hybrid Equity Fund Direct IDCW
Mirae Asset Hybrid Equity Fund Regular Growth
Mirae Asset Hybrid Equity Fund Regular IDCW
Mirae Asset Healthcare Fund Direct Growth
Mirae Asset Healthcare Fund Direct IDCW
Mirae Asset Healthcare Fund Regular Growth
Mirae Asset Healthcare Fund Regular IDCW
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Equity Savings Fund Direct IDCW
Mirae Asset Equity Savings Fund Regular Growth
Mirae Asset Equity Savings Fund Regular IDCW
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,00,505.47Cr
Date of IncorporationNA
 Mirae Asset Healthcare Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available
 Mirae Asset Healthcare Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 28 Jan 2022. Neelesh Surana is the Current Fund Manager of Mirae Asset Healthcare Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,00,505 Cr and the Latest NAV as of 27 Jan 2022 is ₹23.27.
The Mirae Asset Healthcare Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
...Read more
Investment Objective
The scheme seeks to generate long term capital appreciation through investing in equity and equity related securities of companies benefitting directl
The scheme seeks 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.
...Read more
Fund benchmarkS&P BSE Healthcare TRI
Scheme Information Document(SID)
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
NA
E-mail
[email protected]
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in Mirae Asset Healthcare Fund Direct Growth
You can easily invest in Mirae Asset Healthcare Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Mirae Asset Healthcare Fund Direct Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Mirae Asset Healthcare Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Mirae Asset Healthcare Fund Direct Growth provide?
The Mirae Asset Healthcare Fund Direct Growth has been there from 02 Jul 2018 and the average annual returns provided by this
fund is 21.57% since its inception.
How much expense ratio is charged by Mirae Asset Healthcare Fund Direct Growth?
The term Expense Ratio used for Mirae Asset Healthcare Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Mirae Asset Healthcare Fund Direct Growth is 0.49% as of 28 Jan 2022...
What is the AUM of Mirae Asset Healthcare Fund Direct Growth?
The AUM, short for Assets Under Management of Mirae Asset Healthcare Fund Direct Growth is ₹1,935.10Cr as of 28 Jan 2022.
How to Redeem Mirae Asset Healthcare Fund Direct Growth?
If you want to sell your Mirae Asset Healthcare Fund Direct Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Mirae Asset Healthcare Fund Direct Growth?
You can select either SIP  or Lumpsum  investment of Mirae Asset Healthcare Fund Direct Growth based on your investment objective and risk tolerance.
What is the NAV of Mirae Asset Healthcare Fund Direct Growth?
The NAV of Mirae Asset Healthcare Fund Direct Growth is ₹23.27 as of 27 Jan 2022.
What is the PE and PB ratio of Mirae Asset Healthcare Fund Direct Growth?
The PE ratio ratio of Mirae Asset Healthcare Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	6M	1Y	3Y	All
Fund returns	NA	21.6%	30.4%	26.6%
Category average	NA	58.4%	28.2%	NA
Rank with in category	NA	1	2	NA

Name	Sector	Instrument	Assets
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	13.6%
Dr. Reddy's Laboratories Ltd.	Healthcare	Equity	9.2%
Apollo Hospitals Enterprise Ltd.	Healthcare	Equity	7.9%
Divi's Laboratories Ltd.	Healthcare	Equity	7.5%
Cipla Ltd.	Healthcare	Equity	6.9%
Torrent Pharmaceuticals Ltd.	Healthcare	Equity	5.5%
Ipca Laboratories Ltd.	Healthcare	Equity	4.7%
Fortis Healthcare Ltd.	Healthcare	Equity	4.2%
Gland Pharma Ltd.	Healthcare	Equity	3.7%
Lupin Ltd.	Healthcare	Equity	3.3%

Rank (total assets)	#13 in India
Total AUM	₹1,00,505.47Cr

Date of Incorporation	NA

Fund benchmark	S&P BSE Healthcare TRI

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4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	NA
Fund size	₹1,935.10Cr