Mirae Asset Healthcare Fund Direct Growth+0.65%

3
45.17%
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 Ratio0.85%
NAV14.65 (10 Jul 2020)
Fund Started25 Jun 2018
Fund Size640 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Healthcare Fund Direct Growth
45.2%
NA
NA
20.8%
Category Average
34.5%
9.3%
4.7%
-
Rank within category
1
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 45.2% annual returns

    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
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity12.1%
    Dr. Reddy's Laboratories Ltd.HealthcareEquity11.5%
    Divi's Laboratories Ltd.HealthcareEquity7.8%
    Aurobindo Pharma Ltd.HealthcareEquity6.4%
    Biocon Ltd.HealthcareEquity5.6%
    Lupin Ltd.HealthcareEquity5.3%
    Ipca Laboratories Ltd.HealthcareEquity4.7%
    Cipla Ltd.HealthcareEquity4.3%
    Ajanta Pharma Ltd.HealthcareEquity4.0%
    Apollo Hospitals Enterprise Ltd.HealthcareEquity3.1%
    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 ₹640 Cr and the Latest NAV as of 10 Jul 2020 is ₹14.65.

    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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