Name: Mirae Asset Healthcare Fund Direct Growth
Brand: Mirae Asset Mutual Fund

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Mirae Asset Healthcare Fund Direct Growth
Equity
Sectoral / Thematic
Very High Risk
40.23%
1Y return
-0.87% 1D
1M
6M
1Y
3Y
All
 NAV: 27 Sep 2021₹24.72
Min. SIP amount₹1,000
Rating3star
Fund size₹1,900.76 Cr
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 returnsNA40.2%31.6%32.2%
Category averageNA58.4%28.2%NA
Rank with in categoryNA11NA
Understand termsinfo
Holdings (28)NameSectorInstrumentAssets
Sun Pharmaceutical Industries Ltd.
HealthcareEquity12.7%
Divi's Laboratories Ltd.
HealthcareEquity8.5%
Dr. Reddy's Laboratories Ltd.
HealthcareEquity8.1%
Apollo Hospitals Enterprise Ltd.
HealthcareEquity7.6%
Cipla Ltd.
HealthcareEquity6.8%
Torrent Pharmaceuticals Ltd.
HealthcareEquity5.6%
Ipca Laboratories Ltd.
HealthcareEquity4.4%
Fortis Healthcare Ltd.
HealthcareEquity4.2%
Lupin Ltd.
HealthcareEquity3.7%
Gland Pharma Ltd.
HealthcareEquity3.3%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity Sectoral / Thematic
thumb_up_altPros
3Y Returns are higher than the category average returns
thumb_down_altCons
1Y Returns are lower than the category average returns
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 Aug 2021 - Present
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: 0.56%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 termsinfo
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
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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
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Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM70,165.29 Cr
Date of Incorporation30 Nov 2007
Mirae Asset Healthcare Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to inve
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 30 Nov 2007. 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 ₹70,165 Cr and the Latest NAV as of 27 Sep 2021 is ₹24.72.
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
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
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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	6M	1Y	3Y	All
Fund returns	NA	40.2%	31.6%	32.2%
Category average	NA	58.4%	28.2%	NA
Rank with in category	NA	1	1	NA

Name	Sector	Instrument	Assets
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	12.7%
Divi's Laboratories Ltd.	Healthcare	Equity	8.5%
Dr. Reddy's Laboratories Ltd.	Healthcare	Equity	8.1%
Apollo Hospitals Enterprise Ltd.	Healthcare	Equity	7.6%
Cipla Ltd.	Healthcare	Equity	6.8%
Torrent Pharmaceuticals Ltd.	Healthcare	Equity	5.6%
Ipca Laboratories Ltd.	Healthcare	Equity	4.4%
Fortis Healthcare Ltd.	Healthcare	Equity	4.2%
Lupin Ltd.	Healthcare	Equity	3.7%
Gland Pharma Ltd.	Healthcare	Equity	3.3%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹1,900.76 Cr

Rank (total assets)	#13 in India
Total AUM	70,165.29 Cr