• 1 Year Returns: -6.77%
• 3 Year Returns: 10.74%
• 5 Year Returns: 6.15%

• Pharmaceuticals | 78.90%
• Labs & Life Sciences Services | 17.18%
• Miscellaneous | 1.37%
• Others | 1.13%
• Diversified Chemicals | 1.10%

• Sun Pharmaceutical Industries Ltd | 13.06%
• Divi's Laboratories Ltd | 8.56%
• Glenmark Pharmaceuticals Ltd | 6.51%
• Apollo Hospitals Enterprise Ltd | 5.95%
• Cipla Ltd | 5.54%

• Equity | 99.45%
• Cash & Equivalents | 0.54%
• Mutual Funds | 0.01%

The alpha ratio for the Mirae Asset Healthcare Fund-Reg(IDCW) is 7.13

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Mirae Asset Healthcare Fund-Reg(IDCW) is 15.60

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Mirae Asset Healthcare Fund-Reg(IDCW) is -0.15

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Mirae Asset Healthcare Fund-Reg(IDCW) is -0.01

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.