3 Year return
20%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹2742.91 Cr.
Expense Ratio
0.49% (inclusive of GST)
Exit Load
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Mirae Asset Mutual Fund Managers
VK
Vrijesh Kasera
Fund Manager since Feb 2023
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Invesco India Infrastructure Fund |
30.58% |
0 |
Quant Infrastructure Fund |
24.67% |
0 |
ICICI Prudential Commodities Fund |
20.55% |
0 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Healthcare Fund Direct-Growth
Mirae Asset Healthcare Fund Direct Growth is an open-ended fund offered by Mirae Asset Management Company. It is a sectoral or thematic fund that offers investment opportunities in healthcare and allied sectors in a concentrated portfolio of 30 (+/- 5) stocks to generate long-term capital appreciation. It lets investors invest across market capitalisation to maximise returns from the industry’s growth.
Investment Objective of the Scheme
Mirae Asset Healthcare Fund Direct-Growth aims to generate long-term returns from investing in companies benefiting directly and indirectly from the healthcare and allied sectors in India. It invests in equity and equity-related securities across large, mid-cap, and small-cap companies.
Key Features of The Fund
5-year return | 30.46% |
Expense Ratio | 0.49% |
Fund Manager | Vrijesh Kasera |
Fund Size | ₹2742.91 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
It is a sectoral fund that invests in a concentrated portfolio of companies associated with healthcare and allied sectors. Hence, the risk of investing in this fund is high. It is more suited for investors with advanced industry knowledge and macroeconomic trends. Investors in this fund may receive higher returns when the industry grows, but at the same time, they may also experience losses even though the overall economy performs better because of poor sectoral performance. Hence, you may consider this fun if you have a high-risk tolerance level and are aware of the trends in the healthcare industry.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Enhance the Creation of Long-Term Wealth With SIPs
FAQs
What is today's NAV of Mirae Asset Healthcare Fund?
What is the AUM of Mirae Asset Healthcare Fund?
What is the expense ratio of Mirae Asset Healthcare Fund?
What are the returns of Mirae Asset Healthcare Fund since inception?
What is the minimum SIP amount to invest in Mirae Asset Healthcare Fund?
How do I invest in Mirae Asset Healthcare Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Healthcare Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Healthcare Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Healthcare Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.