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Mirae Asset Mutual Fund logo
EQUITY•SECTORAL / THEMATIC

Mirae Asset Healthcare Fund Direct IDCW Reinvestment

3 Year return

23.27%
NAV on January 02, 2026
28.086
1D Returns
-0.08%
Launched on June 2018(8 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
45.53%₹1,639
Total Value ₹5,239

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 Apr 2020

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 Fund26.2646%
0
SBI PSU Fund29.8353%
0
Aditya Birla Sun Life PSU Equity Fund27.9426%
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
15.6281%
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
15.4473%
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
15.4473%
Mirae Asset Mutual Fund logo

Hybrid . Arbitrage Fund

Mirae Asset Arbitrage Fund Direct Growth
7.6966%
Mirae Asset Mutual Fund logo

Hybrid . Arbitrage Fund

Mirae Asset Arbitrage Fund Direct IDCW Payout
7.6735%

About Mirae Asset Healthcare Fund Direct IDCW Reinvestment

Mirae Asset Healthcare Fund, managed by Mirae Asset Mutual Fund, falls within the sectoral or thematic funds category, providing growth potential through investments in the healthcare sector. This direct plan offers the IDCW Reinvestment scheme, ensuring dividends are reinvested for potential compounding. The fund's expense ratio is much lower than the average in its category, thus enhancing its attractiveness to investors.

Investment Objective of the Scheme

The scheme's primary objective is to offer investors exposure to the growth potential of the healthcare sector. Mirae Asset Healthcare Fund Direct IDCW Reinvestment aims to achieve this by primarily investing in stocks of healthcare companies. The fund focuses on generating capital appreciation by capitalising on the growth within the healthcare industry.

Key Features of The Fund

5-year return
16.4814%
Expense Ratio
0.47%
Fund Manager
Tanmay Mehta
Fund Size
₹2812.12 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

If you're interested in capturing the growth potential of the healthcare sector and benefiting from dividend reinvestment for potential compounding, Mirae Asset Healthcare Fund Direct IDCW Reinvestment could be a suitable choice. This fund aligns with individuals aiming for growth potential from the healthcare industry. However, sector-specific investments carry their own set of risks. Assess your investment goals and risk tolerance before considering this fund. Consulting financial experts can provide personalized guidance for well-informed decisions.

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.

Start Investing Early with SIPs

SIPs make mutual fund investing accessible. With a small, fixed amount, you can begin your investment journey and benefit from the power of compounding over time. Use Angel One's SIP calculator to determine a comfortable investment amount to reach your financial goals.

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 Reinvestment on January 02, 2026, is ₹28.086
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 Reinvestment, 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 Reinvestment is 0.47%
The Mirae Asset Healthcare Fund Direct IDCW Reinvestment 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 Reinvestment 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

₹
₹5,239 in 3Y at 23.2682% returns
SIP Date1st of every month

Your next SIP Payment will be on 3 February 2026

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