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EQUITY•SECTORAL / THEMATIC

Mirae Asset Healthcare Fund Direct IDCW Payout

3 Year return

23.20%
NAV on December 26, 2025
28.218
1D Returns
-0.12%
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 Investment₹3,600
Gain
45.36%₹1,633
Total Value ₹5,233

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 Jun 2018

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

Funds3 Y ReturnsARQ Rating
ICICI Prudential Infrastructure Fund27.1124%
0
SBI PSU Fund32.0179%
0
Aditya Birla Sun Life PSU Equity Fund29.5129%
0

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
16.3146%
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
16.1305%
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
16.1305%
Mirae Asset Mutual Fund logo

Hybrid . Arbitrage Fund

Mirae Asset Arbitrage Fund Direct Growth
7.7241%
Mirae Asset Mutual Fund logo

Hybrid . Arbitrage Fund

Mirae Asset Arbitrage Fund Direct IDCW Payout
7.7009%

About Mirae Asset Healthcare Fund Direct IDCW Payout

Mirae Asset Healthcare Fund Direct IDCW Payout is an equity mutual fund scheme managed by Mirae Asset Mutual Fund. It is a sectoral fund that invests in the healthcare sector. Mirae Asset Healthcare Fund Direct IDCW Payout is an open-ended fund. This means that investors can buy and sell units of the fund in the secondary market at any time. The expense ratio of the fund is lower than the category average.

Investment Objectives of the Scheme

The investment objective of Mirae Asset Healthcare Fund Direct IDCW Payout is to provide long-term capital appreciation by investing in a diversified portfolio of equity shares of companies engaged in the healthcare sector.

Key Features of The Fund

5-year return
16.9237%
Expense Ratio
0.47%
Fund Manager
Tanmay Mehta
Fund Size
₹2812.12 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

This fund is suitable for investors who have a high-risk appetite and are looking for long-term growth potential in the healthcare sector. The fund invests in the healthcare sector, which is a cyclical sector that can be volatile in the short term. However, the healthcare sector is also a defensive sector that is less likely to be affected by economic downturns. Evaluate your financial profile and research the fund well before making an investment decision.

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.

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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 Direct IDCW Payout on December 26, 2025, is ₹28.218
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 Direct IDCW Payout, 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 Direct IDCW Payout is 0.47%
The Mirae Asset Healthcare Fund Direct IDCW Payout 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 Direct IDCW Payout 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

₹
₹5,233 in 3Y at 23.2026% returns
SIP Date1st of every month

Your next SIP Payment will be on 27 January 2026

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