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Mirae Asset Mutual Fund logo
EQUITYSECTORAL / THEMATIC

Mirae Asset Healthcare Fund

3 Year return

23.43%
NAV on December 25, 2025
42.953
1D Returns
-0.18%
Launched on June 2018(7 years)

Investment Details

₹99
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

Your Investment3,600
Gain
45.92%1,653
Total Value 5,253

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹2,812.12 Cr.
Expense Ratio
0.47% (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.

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
0
Crisil
0
Morning Star
0

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

Mirae Asset Mutual Fund Manager

TM

Tanmay Mehta

Fund Manager since Apr 2025

VK

Vrijesh Kasera

Fund Manager since Oct 2019

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund

Asset management company

AUM
₹2,15,433.54 Cr.
No. of Schemes
152
Setup Date
November 2007

Peer Comparison

Comparison with other similar funds

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
Mirae Asset Mutual Fund logo
16.3146%
Mirae Asset Mutual Fund logo
16.1305%
Mirae Asset Mutual Fund logo
7.7241%
Mirae Asset Mutual Fund logo
7.7009%

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
17.2384%
Expense Ratio
0.47%
Fund Manager
Tanmay Mehta
Fund Size
₹2812.12 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

NameMirae Asset Mutual Fund
Launch DateNovember 2007
AddressUnit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact1800-2090-777
Emailcustomercare@miraeasset.com
Websitehttps://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

SIPs are an effective strategy for building long-term wealth. SIPs leverage the power of compounding by continuously making small, regular investments at regular periods, which lets your money increase substantially over time. This tactic works especially well for reaching financial goals in the long run. With the help of mutual fund SIP calculator, you can efficiently plan your SIP investments and estimate possible returns.

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Healthcare Fund on December 25, 2025, is ₹42.953
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Healthcare Fund, is ₹2812.12 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Mirae Asset Healthcare Fund is 0.47%
The Mirae Asset Healthcare Fund was launched on June 11, 2018. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Healthcare Fund is ₹99.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

5,253 in 3Y at 23.4303% returns
SIP Date1st of every month

Your next SIP Payment will be on 26 January 2026

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