Mirae Asset Healthcare Fund Growth Direct Plan

Risk: Very High
₹ 42.57
NAV (Oct 4,2024)

The Mirae Asset Healthcare Fund - Growth - Direct Plan is a prime investment option in the healthcare sector. With an expense ratio of 0.54%, this plan offers excellent growth potential. The current price to earnings ratio stands at 46.97, indicating favorable valuation levels. The price to book ratio is 6.39, representing good value for investors. As of now, the scheme's assets under management amount to INR 2035.25 crore. With a minimum investment requirement of INR 5000 and no lock-in period, this fund provides flexibility and convenience. It was established on July 2, 2018.

Mirae Asset Healthcare Fund Growth Direct Plan Latest Trend

  • 1M
  • 2M
  • 3M

Mirae Asset Healthcare Fund Growth Direct Plan Latest Trend

Risk Ratios

  • P/E Ratio
    UM_URBAN_MONEY

    46.97
  • P/B Ratio
    UM_URBAN_MONEY

    6.39
  • Alpha
    UM_URBAN_MONEY

    -0.01
  • Beta
    UM_URBAN_MONEY

    0.93
  • Sharpe
    UM_URBAN_MONEY

    0.21
  • Sortino
    UM_URBAN_MONEY

    0.43

Fund Overview

Expense ratio
UM_URBAN_MONEY

0.54%

Exit Load
UM_URBAN_MONEY

0%

Lock-in
UM_URBAN_MONEY

No Lock-in

AUM (Fund Size)
UM_URBAN_MONEY

₹ 2035.25 Cr

Index
UM_URBAN_MONEY

Min. Investment
UM_URBAN_MONEY

SIP ₹5000.00

Scheme Riskometer

Investors understand that their principal will be at
Very High

Investment Return Calculator

as on Oct 05, 2024

Total Invested Amount

3 Months Absolute Return (In %)

6 Months Absolute Return (In %)

1 Year Absolute Return (In %)

3 Year Absolute Return (In %)

5 Year Absolute Return (In %)

₹ 10,000₹ 11,792.62 (17.93%)₹ 12,432.73 (24.33%)₹ 15,176.31 (51.76%)₹ 17,035.35 (70.35%)₹ 41,889.72 (318.90%)
₹ 30,000₹ 35,377.86 (17.93%)₹ 37,298.19 (24.33%)₹ 45,528.93 (51.76%)₹ 51,106.05 (70.35%)₹ 1,25,669.16 (318.90%)
₹ 50,000₹ 58,963.1 (17.93%)₹ 62,163.65 (24.33%)₹ 75,881.55 (51.76%)₹ 85,176.75 (70.35%)₹ 2,09,448.6 (318.90%)
₹ 80,000₹ 94,340.96 (17.93%)₹ 99,461.84 (24.33%)₹ 1,21,410.48 (51.76%)₹ 1,36,282.8 (70.35%)₹ 3,35,117.76 (318.90%)
₹ 1,00,000₹ 1,17,926.2 (17.93%)₹ 1,24,327.3 (24.33%)₹ 1,51,763.1 (51.76%)₹ 1,70,353.5 (70.35%)₹ 4,18,897.2 (318.90%)

Calculate Your Mutual Fund Returns

₹
  • ₹ 500
  • ₹ 1 Lac
Years
  • 1
  • 30
%
  • 1
  • 30
₹

Total investment

+
₹

Profit

YearInvested Amount(₹)Wealth Gained(₹)Expected Amount(₹)

Fund Portfolio Allocation

  • Holdings
  • Sectors

Name

Assets

  • Sun Pharmaceutical Industries Limited15.27%
  • Cipla Limited8.79%
  • Dr Reddy s Laboratories Limited8.04%
  • Aurobindo Pharma Limited8.01%
  • Apollo Hospitals Enterprise Limited6.24%
  • JB Chemicals & Pharmaceuticals Limited5.44%
  • Krishna Institute Of Medical Sciences Limited5.44%
  • Torrent Pharmaceuticals Limited4.20%
  • Fortis Healthcare Limited3.79%
  • Lupin Limited3.77%
  • Gland Pharma Limited3.51%
  • Alkem Laboratories Limited2.74%
  • Ajanta Pharma Limited2.67%
  • Divi s Laboratories Limited2.54%
  • TREPS2.31%
  • IPCA Laboratories Limited1.91%
  • Syngene International Limited1.87%
  • Zydus Lifesciences Limited1.74%
  • Mankind Pharma Limited1.64%
  • Dr Lal Path Labs Limited1.50%
  • Concord Biotech Limited1.49%
  • Max Financial Services Limited1.41%
  • Vinati Organics Limited1.40%
  • Biocon Limited1.24%
  • Tatva Chintan Pharma Chem Limited1.15%
  • Sanofi India Limited0.89%
  • Natco Pharma Limited0.86%
  • Jupiter Life Line Hospitals Limited0.52%
  • Mirae Asset Cash Management Fund DIRECT GROWTH0.01%
  • Abbott India Limited0.00%
  • Net Receivables Payables-0.40%

Holdings Analysis

Peer Comparison

Pick your choice with our quick comparitive analysis

  • 6M
  • 1Y
  • 3Y
  • 5Y
Mutual Fund SchemesCategoryRiskAbsolute Return (6M)

LIC MF Infrastructure Fund - Regular Plan - GrowthLIC MF Infrastructure Fund - Regular Plan - Growth

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39.79%

Taurus Infrastructure Fund - Regular Plan - GrowthTaurus Infrastructure Fund - Regular Plan - Growth

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31.22%

Bandhan Infrastructure Fund - Regular Plan - GrowthBandhan Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

28.67%

Franklin India Technology Fund - GrowthFranklin India Technology Fund - Growth

EQUITY

Very High

28.02%

IL&FS Infrastructure Debt Fund - Series 1-C - Regular Plan - GrowthIL&FS Infrastructure Debt Fund - Series 1-C - Regular Plan - Growth

DEBT

Low

23.55%

Kotak Infrastructure and Economic Reform Fund - GrowthKotak Infrastructure and Economic Reform Fund - Growth

EQUITY

Very High

20.04%

Quant Infrastructure Fund - GrowthQuant Infrastructure Fund - Growth

EQUITY

Very High

15.31%

UTI Banking and Financial Services Fund - Regular Plan - IDCWUTI Banking and Financial Services Fund - Regular Plan - IDCW

EQUITY

Very High

14.23%

Nippon India Banking & Financial Services Fund - GrowthNippon India Banking & Financial Services Fund - Growth

EQUITY

Very High

10.97%

Groww Banking & Financial Services Fund - Regular Plan - GrowthGroww Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

9.20%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

DSP India T.I.G.E.R. Fund - Regular Plan - GrowthDSP India T.I.G.E.R. Fund - Regular Plan - Growth

EQUITY

Very High

66.28%

Invesco India Infrastructure Fund - GrowthInvesco India Infrastructure Fund - Growth

EQUITY

Very High

64.60%

Tata Infrastructure Fund - Regular Plan - GrowthTata Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

60.08%

Canara Robeco Infrastructure Fund - Regular Plan - GrowthCanara Robeco Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

52.16%

Sundaram Infrastructure Advantage Fund - GrowthSundaram Infrastructure Advantage Fund - Growth

EQUITY

Very High

48.52%

Franklin India Technology Fund - GrowthFranklin India Technology Fund - Growth

EQUITY

Very High

47.16%

Mahindra Manulife Consumption Fund - Regular Plan - GrowthMahindra Manulife Consumption Fund - Regular Plan - Growth

EQUITY

Very High

34.42%

UTI Banking and Financial Services Fund - Regular Plan - IDCWUTI Banking and Financial Services Fund - Regular Plan - IDCW

EQUITY

Very High

29.05%

ITI Banking & Financial Services Fund - Regular Plan - GrowthITI Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

21.56%

ICICI Prudential FMCG Fund - GrowthICICI Prudential FMCG Fund - Growth

EQUITY

Very High

15.81%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

HDFC Infrastructure Fund - GrowthHDFC Infrastructure Fund - Growth

EQUITY

Very High

39.48%

DSP India T.I.G.E.R. Fund - Regular Plan - GrowthDSP India T.I.G.E.R. Fund - Regular Plan - Growth

EQUITY

Very High

34.62%

Invesco India Infrastructure Fund - GrowthInvesco India Infrastructure Fund - Growth

EQUITY

Very High

34.39%

Tata Infrastructure Fund - Regular Plan - GrowthTata Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

32.74%

Canara Robeco Infrastructure Fund - Regular Plan - GrowthCanara Robeco Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

31.12%

Taurus Infrastructure Fund - Regular Plan - GrowthTaurus Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

28.00%

Sundaram Infrastructure Advantage Fund - GrowthSundaram Infrastructure Advantage Fund - Growth

EQUITY

Very High

25.12%

IDBI Banking & Financial Services Fund - Regular Plan - GrowthIDBI Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

21.26%

Mahindra Manulife Consumption Fund - Regular Plan - GrowthMahindra Manulife Consumption Fund - Regular Plan - Growth

EQUITY

Very High

18.66%

Baroda BNP Paribas Banking and Financial Services Fund - Regular Plan - GrowthBaroda BNP Paribas Banking and Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

15.26%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Bank of India Manufacturing & Infrastructure Fund - Regular Plan - GrowthBank of India Manufacturing & Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

27.06%

SBI Infrastructure Fund - Regular Plan - GrowthSBI Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

25.67%

Franklin India Technology Fund - GrowthFranklin India Technology Fund - Growth

EQUITY

Very High

22.73%

Aditya Birla Sun Life India GenNext Fund - GrowthAditya Birla Sun Life India GenNext Fund - Growth

EQUITY

Very High

17.65%

Nippon India Banking & Financial Services Fund - GrowthNippon India Banking & Financial Services Fund - Growth

EQUITY

Very High

14.24%

ICICI Prudential FMCG Fund - GrowthICICI Prudential FMCG Fund - Growth

EQUITY

Very High

14.14%

Baroda BNP Paribas Banking and Financial Services Fund - Regular Plan - GrowthBaroda BNP Paribas Banking and Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

14.14%

UTI Banking and Financial Services Fund - Regular Plan - IDCWUTI Banking and Financial Services Fund - Regular Plan - IDCW

EQUITY

Very High

11.53%

IDBI Banking & Financial Services Fund - Regular Plan - GrowthIDBI Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

8.63%

HSBC Infrastructure Equity Fund - GrowthHSBC Infrastructure Equity Fund - Growth

EQUITY

Very High

2.22%

Show all Funds

Fund Managers

VK

Mr. Vrijesh KaseraResearch Analyst

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.

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FAQ's

What is the risk level associated with the Mirae Asset Healthcare Fund - Growth - Direct Plan?

The Mirae Asset Healthcare Fund - Growth - Direct Plan is a mutual fund that carries a Very High risk.

What is the current NAV (Net Asset Value) of the Mirae Asset Healthcare Fund - Growth - Direct Plan as of Oct 4,2024?

The current NAV of the Mirae Asset Healthcare Fund - Growth - Direct Plan as of Oct 4,2024 is INR 42.57.

What are the returns generated by the Mirae Asset Healthcare Fund - Growth - Direct Plan over the past 1, 3, and 5 years?

The Mirae Asset Healthcare Fund - Growth - Direct Plan has provided strong returns of 47.22% in the past year, 19.85% over three years, and 25.56% over five years.

What is the expense ratio associated with the Mirae Asset Healthcare Fund - Growth - Direct Plan?

The Mirae Asset Healthcare Fund - Growth - Direct Plan has an expense ratio of 0.54%, making it a cost-effective option for investors looking to invest in the healthcare sector.

What is the minimum investment amount required for the Mirae Asset Healthcare Fund - Growth - Direct Plan?

The minimum investment amount for the Mirae Asset Healthcare Fund - Growth - Direct Plan is INR 5000.

Is there a systematic investment plan (SIP) available for the Mirae Asset Healthcare Fund - Growth - Direct Plan?

Yes, the Mirae Asset Healthcare Fund - Growth - Direct Plan offers SIP starting from INR 5000 per month.

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