Screener > Sectoral / Thematic > Mirae Asset Healthcare Fund

Mirae Asset Healthcare Fund - Regular Plan - Growth

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AMC: Mirae Asset Mutual Fund • Category: Sectoral / Thematic • NAV: Rs 48.756 (2026-11-11) • Rank: #3 in category (#6 overall) • Index Proxy: Nifty 500
🛡️ Lower Volatility 🦺 Crash Buffer ⭐ Consistent Alpha
Information only. Past performance does not guarantee future returns. Check the scheme documents and consult a qualified professional before investing.

💡 Why Pick This Fund? Quantitative Strengths & Watch-outs

🟢 Key Strengths
  • Outperformed category benchmark in 67% of historical 3-year rolling periods.
  • Strong capital defense: downside capture of 46% limits losses during market corrections.
  • Generated +11.7% annualized alpha (excess return) over its benchmark.
  • Consistently ranked #3 in its category with an MFIQ quantitative score of 7.9/10.
🟡 Things to Keep in Mind
  • Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
₹78₹112₹147₹182₹216Aug '21Apr '24Nov '26
Mirae Asset Healthcare Fund
Proxy (Nifty 500)

Key Statistics vs Category Median

Fund Size
Rs 3,828 cr
Category: Rs 804 cr (stretched)
Total Expense (TER)
-
Category Median: 2.52%
Sharpe Ratio
1.10
Category Median: 0.34
Beta
0.64
Category Median: 0.97
Alpha
+11.70%
Category Median: +1.89%
Standard Deviation
14.37%
Category Median: 16.05%
MFIQ Score
7.9/10
Good
Solid risk-adjusted returns and competitive cost profile within its category.
Returns (30%) 9.1/10
3Y CAGR 22.7% vs category median 13.2% (+9.4 points); 5Y CAGR 16.4%.
Risk Management (30%) 8.3/10
Sharpe ratio 1.10 (cat median 0.34), downside capture 45.7%, max fall -20.1%.
Consistency (20%) 5.6/10
100.0% of 3Y rolling windows positive; beat category median in 2 of 5 calendar years.
Cost Efficiency (20%) -/10
Expense ratio not reported.
Ranked #3 of 221 in Sectoral / Thematic. Percentile standing measured against category cohort.

Trailing Returns Comparison

Period Fund Return Category Median Difference
1 Month +9.77% +6.32% +3.45%
3 Months +6.22% -0.20% +6.42%
6 Months +16.08% +5.98% +10.10%
1 Year +26.73% +3.90% +22.83%
3 Years CAGR +22.67% +13.23% +9.44%
5 Years CAGR +16.37% +10.72% +5.65%
7 Years CAGR +24.41% +15.35% +9.06%
Since Inception +20.78% - -

📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay

See how a regular monthly SIP in Mirae Asset Healthcare Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.

Bank FD Benchmark
7.0% p.a. Fixed Deposit
Total Invested: ₹3,60,000
Maturity Value: ₹4,01,630
Interest Earned: +₹41,630
Actual Historical Performance
Mirae Asset Healthcare Fund
CAGR: +22.67%
Fund Value: Calculating...
Extra Wealth Over FD: +₹0

Calendar Year Returns

Year Fund Category Median Gap
2026 +27.64% +4.03% +23.61%
2025 -3.39% +1.43% -4.82%
2024 +39.12% +20.41% +18.71%
2023 +34.04% +30.70% +3.34%
2022 -11.81% +1.66% -13.47%
2021 +26.58% +30.31% -3.73%
2020 +73.92% +13.54% +60.38%
2019 +6.39% +7.11% -0.72%

Daily Rolling Returns Summary

Rolling Window Minimum Average Median Maximum % Positive % Beating Proxy
1-Year Rolling -12.44% +23.02% +17.30% +89.95% 78.8% 58.3%
3-Year Rolling +12.52% +21.94% +21.37% +33.29% 100.0% 66.6%
5-Year Rolling +12.99% +21.07% +21.13% +32.13% 100.0% 64.1%

Risk Profile & Deepest Drawdowns

Sortino Ratio
1.56
Category: 0.46
R-Squared
0.421
Correlation with Proxy
Upside Capture
103.8%
Monthly return ratio
Downside Capture
45.7%
Lower is better

Deepest Market Corrections (Depth >= 10%)

Peak Date Trough Date Fall Depth Months to Bottom Recovery Period
2020-02-20 2020-03-23 -20.1% 1 months 1 months
2021-09-16 2022-06-17 -19.3% 9 months 13 months
2025-01-02 2025-02-28 -16.1% 2 months 5 months

Portfolio & Asset Allocation

ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.

Fund Size Position

Currently managing Rs 3,828 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Sectoral / Thematic schemes.

Too Small Small Comfortable Stretched Strained

Cost & Capital Gains Taxation

From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.

Applicable Tax Structure

Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.

Tax rules as of 23 July 2024. Verify before investing.

Closest Sectoral / Thematic Peers by Rank

Scheme Score 3Y Return Expense Downside Fund Size Compare
UTI Healthcare Fund 7.0 +22.74% 2.20% 57.0% Rs 1,536 cr Compare →
Nippon India Taiwan Equity fund 7.2 +45.47% 2.39% -77.2% Rs 806 cr Compare →
SBI HEALTHCARE OPPORTUNITIES FUND 7.2 +23.97% 1.98% 43.4% Rs 6,504 cr Compare →
DSP Healthcare Fund 8.0 +20.31% 2.04% 53.2% Rs 3,946 cr Compare →
Aditya Birla Sun Life International Equity Fund 5.8 +20.53% 2.55% -28.3% Rs 337 cr Compare →

Frequently Asked Questions about Mirae Asset Healthcare Fund

What is the expense ratio of Mirae Asset Healthcare Fund?

The expense ratio for Mirae Asset Healthcare Fund is currently not reported.

Who manages Mirae Asset Healthcare Fund?

Manager tenure details are not reported.

What are the historical returns of Mirae Asset Healthcare Fund?

Mirae Asset Healthcare Fund delivered a 3-year CAGR of 22.67% and a 5-year CAGR of 16.37%. Its 1-year return stands at +26.73%.

How large is Mirae Asset Healthcare Fund?

Mirae Asset Healthcare Fund manages assets of Rs 3,828 cr, placing it in the 'stretched' size band relative to Sectoral / Thematic peers.

How is Mirae Asset Healthcare Fund scored on MFIQ?

Mirae Asset Healthcare Fund holds an MFIQ Score of 7.9/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.

How risky is Mirae Asset Healthcare Fund?

Mirae Asset Healthcare Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.37% with a maximum historical drawdown of -20.09%.