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Mirae Asset Healthcare Fund Direct Growth-1.74%

61.10%
1 Year Return
Equity
Sectoral/Thematic
3.0star
6M
1Y
All

Fund Details

Mirae Asset Healthcare Fund Direct Growth

RiskHigh
Min SIP Amount₹1000
Expense Ratio0.59%
NAV₹19.14 (27 Jan 2021)
Fund Started25 Jun 2018
Fund Size1,210 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
61.1%
-
-
30.7%
Category Average
55.0%
16.6%
9.2%
-
Rank Within Category
2
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 61.1% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 3 years
2. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
Dr. Reddy's Laboratories Ltd.HealthcareEquity10.9%
Sun Pharmaceutical Inds. Ltd.HealthcareEquity10.4%
Divi's Laboratories Ltd.HealthcareEquity8.7%
Cipla Ltd.HealthcareEquity7.3%
Ipca Laboratories Ltd.HealthcareEquity5.3%
Torrent Pharmaceuticals Ltd.HealthcareEquity5.3%
Aurobindo Pharma Ltd.HealthcareEquity4.3%
Apollo Hospitals Enterprise Ltd.HealthcareEquity4.3%
Lupin Ltd.HealthcareEquity3.8%
Biocon Ltd.HealthcareEquity3.4%
See All

Mirae Asset Healthcare Fund Direct Growth Details

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 25 Jun 2018. 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 ₹1,210 Cr and the Latest NAV as of 27 Jan 2021 is ₹19.14.

The Mirae Asset Healthcare Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 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
30 Nov 2007
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,
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