Mirae Asset Healthcare Fund Direct Growth-0.93%

3Groww
-6.39%
1 Year Return
Equity
Sectoral/Thematic
3.0 star
6M
1Y
All

Fund Details

Mirae Asset Healthcare Fund Direct Growth

RiskHigh
Min SIP Amount₹1000
Expense Ratio0.76%
NAV10.35 (19 Sep 2019)
Fund Started25 Jun 2018
Fund Size346 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Healthcare Fund Direct Growth
-6.4%
NA
NA
2.9%
Category Average
-5.2%
-4.5%
3.9%
-
Rank within category
2
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with -6.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity13.7%
    Divi's Laboratories Ltd.HealthcareEquity10.3%
    Dr. Reddy's Laboratories Ltd.HealthcareEquity7.8%
    Cipla Ltd.HealthcareEquity7.8%
    Torrent Pharmaceuticals Ltd.HealthcareEquity7.1%
    Aurobindo Pharma Ltd.HealthcareEquity5.3%
    Ipca Laboratories Ltd.HealthcareEquity5.1%
    Lupin Ltd.HealthcareEquity4.8%
    Vinati Organics Ltd.ChemicalsEquity4.6%
    Dr. Lal Pathlabs Ltd.HealthcareEquity4.1%
    See All

    Other Details

    Mirae Asset Healthcare Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 25 Jun 2018. Neelesh Surana is the Current Fund Manager of Mirae Asset Healthcare Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹346 Cr and the Latest NAV as of 19 Sep 2019 is ₹10.35.

    The Mirae Asset Healthcare Fund Direct Growth is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..

    Investment Objective

    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.

    Tax Implications

    Returns 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year.
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    29 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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