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Mirae Asset Healthcare Fund

Growth
42.580.47% (-0.20)
Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

Mirae Asset Healthcare Fund

Growth
EquitySectoral Fund - Pharma & Health Care
Mid-size FundAssets Under Mgmt: ₹ 2,560 Cr
Very High RiskPrinciple investment will be at very high risk
42.580.47% (-0.20)

Price Chart

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Returns
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1M
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1M
6M
1Y
3Y
5Y
Max
SIP
Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

EquitySectoral Fund - Pharma & Health Care
Mid-size FundAssets Under Mgmt: ₹ 2,560 Cr
Very High RiskPrinciple investment will be at very high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.4943.513.19
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.5149.383.39

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs1.00%
1% on or before 1Y(365D) Nil after 1Y(365D)
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 1,000
BenchmarkBenchmark
BSE Health Care - TRI

About Sectoral Fund - Pharma & Health Care

Sectoral Funds - Pharma & Health Care are equity schemes that majorly invest in healthcare sector companies. It will give exposure to entire healthcare sector which comprised a wide range of companies involved in medical services, medical equipments, drugs and medical insurance.

Peers & Comparison

Comparing 3 mutual funds from 
EquitySectoral Fund - Pharma & Health Care

Returns

Scheme

Ratios

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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Mirae Asset Healthcare Fund51.19%18.96%26.39%
Nippon India Pharma Fund49.97%19.15%19.78%
ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) Fund60.73%22.39%25.85%
SBI Healthcare Opp Fund48.68%21.76%19.19%

Price Comparison

Compare Mirae Asset Healthcare Fund with any MF, ETF, stock or index
Compare Mirae Asset Healthcare Fund with any MF, ETF, stock or index
Mirae Asset Healthcare Fund
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Asset Allocation

Actual

Target

Dec 2023

Mar 2024

Jun 2024

Jul 2024

ACTUAL
Mutual FundsCash & EquivalentsEquity0.01%0.73%99.26%

Dec 2023

Mar 2024

Jun 2024

Jul 2024

Tickertape Separator

Sector Distribution

+1 moreCommodities TradingDiversified ChemicalsOthersLabs & Life Sciences ServicesPharmaceuticals0.20 %0.40 %0.52 %2.94 %16.55 %79.40 %

Dec 2023

Mar 2024

Jun 2024

Jul 2024

Tickertape Separator

Sector Weightage

Jun 23Sep 23Dec 23Mar 24Jun 24Jul 2470.26%73.15%74.76%76.53%77.20%79.40%
Pharmaceuticals as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Equity

Others

  • Constituent
    Holding Weight
    3M Change
  • Sun Pharmaceutical Industries Ltd
    SUNPHARMA
    3M change : -1.19 %

    Holdings

    12.64 %

    -1.19 %
  • Aurobindo Pharma Ltd
    AUROPHARMA
    3M change : 0.74 %

    Holdings

    10.01 %

    0.74 %
  • Cipla Ltd
    CIPLA
    3M change : -0.72 %

    Holdings

    8.94 %

    -0.72 %

AMC Profile

Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

  • No.of Schemes

    39

  • Total AUM

    ₹ 1,85,598.92 Cr.

Fund Manager Profile

Vrijesh Kasera

AUM:  ₹13,043.73 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 10yrs

Qualification

MBA (Finance),CFA (ICFAI)

Past Experience

Mr. Kasera has professional experience of more than 9 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.

Funds Managed (6)

Manager Performance (0)

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Tax Implications

Investment period < 1 year

Gains are treated as short-term capital gains and taxed at 15%

Investment period > 1 year

Gains of over ₹ 1 lakh in a financial year are taxed at 10%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.
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Invested

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Returns (0%)

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For illustrative purposes only. Past performance doesn&apos;t guarantee future returns.

Opinions and Fund Reviews

The content here in the form of articles and videos is for information purposes only and may have been sourced from publicly available sources or otherwise. Tickertape does not guarantee the authenticity and veracity of the material shared. The User understands and agrees that Tickertape is not aware nor liable for any content shared here.
News Thumbnail

FM Station | Mirae Asset Healthcare Fund celebrates 6 years

1 month ago•Mirae Asset Mutual Fund

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Mirae Asset Healthcare Fund | Mr. Vrijesh Kasera | Fund Manager Insights

1 month ago•Mirae Asset Mutual Fund

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India's Healthcare is Booming!

2 months ago•Mirae Asset Mutual Fund

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Mirae Asset Healthcare Fund by Mr. Vrijesh Kasera

8 months ago•Mirae Asset Mutual Fund

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Fund Update: Mirae Asset Healthcare Fund with Mr.Vrijesh Kasera

3 years ago•Mirae Asset Mutual Fund

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Mirae Asset Healthcare Fund

3 years ago•Mirae Asset Mutual Fund

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Top 3 Healthcare Sector Mutual Fund to invest after Corona virus market crash 2020 | Corona virus

4 years ago•Time To Invest

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Mirae Asset Healthcare Fund Outlook

5 years ago•Mirae Asset Mutual Fund

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Mirae Asset Healthcare Fund NFO - In conversation with Fund Manager, Vrijesh Kasera

6 years ago•Mirae Asset Mutual Fund