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Mirae Asset Healthcare Fund - Growth

  • Regular
  • Direct
Category : Sectoral/Thematic
  • NAV
    : ₹ 18.195 -1.46%
    (as on 26th February, 2021)
Crisil Rank

Not Ranked

Rank not available for the fund
Risk-O-Meter
High
(Min ₹1000 for SIP, ₹5000 for one time investment)

Fund has 97.69% investment in indian stocks of which 49.72% is in large cap stocks, 31.86% is in mid cap stocks, 7.32% in small cap stocks.

Suitable For : Investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns compared to other Equity funds. At the same time, these investors should also be ready for possibility of moderate to high losses in their investments even though overall market is performing better.

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Returns (NAV as on 26th February, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 19-Feb-21 9796.50 -2.04% - -1.30% 74/123
1 Month 25-Jan-21 9735.20 -2.65% - 5.12% 108/122
3 Month 26-Nov-20 10349.20 3.49% - 15.87% 109/117
6 Month 26-Aug-20 10987.30 9.87% - 26.58% 104/114
YTD 01-Jan-21 9517.20 -4.83% - 7.21% 116/122
1 Year 26-Feb-20 15423.40 54.23% 54.05% 28.44% 9/114
2 Year 26-Feb-19 17841.70 78.42% 33.52% 18.11% 2/102
Since Inception 02-Jul-18 18195.00 81.95% 25.26% 13.53% 9/129

SIP Returns (NAV as on 26th February, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 26-Feb-20 12000 14740.64 22.84 % 44.44 %
2 Year 26-Feb-19 24000 35576.51 48.24 % 42.79 %
 

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

Portfolio Turnover Ratio : 35.00%  |   Category average turnover ratio is 153.52%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.69% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.69%
No of Stocks : 28 (Category Avg - 34.05) | Large Cap Investments : 49.72%| Mid Cap Investments : 31.86% | Small Cap Investments : 7.32% | Other : 8.8%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1334.6 11.45% 1.03% 12.91% (Mar 2020) 9.54% (Oct 2020) 22.77 L 1.50 L
Dr. Reddys Laboratories Ltd. Pharmaceuticals 1243.6 10.67% -0.25% 12.08% (Oct 2020) 9.29% (Apr 2020) 2.70 L 16.50 k
Divis Laboratories Ltd. Pharmaceuticals 953.9 8.18% -0.49% 10.02% (Mar 2020) 7.3% (Jul 2020) 2.83 L 10.00 k
Cipla Ltd. Pharmaceuticals 934.6 8.02% 0.69% 8.02% (Jan 2021) 4.26% (May 2020) 11.32 L 50.00 k
Ipca Laboratories Ltd. Pharmaceuticals 616.3 5.29% 0.01% 8.33% (Feb 2020) 4.72% (May 2020) 3.33 L 41.00 k
Torrent Pharmaceuticals Ltd. Pharmaceuticals 591.8 5.08% -0.18% 5.62% (Jul 2020) 3.02% (May 2020) 2.27 L 0.00
Apollo Hospitals Enterprises Ltd. Hospital 548.2 4.70% 0.45% 4.7% (Jan 2021) 0% (Feb 2020) 2.14 L 600.00
Aurobindo Pharma Ltd. Pharmaceuticals 515 4.42% 0.08% 6.4% (May 2020) 1.78% (Mar 2020) 5.69 L 0.00
Lupin Ltd. Pharmaceuticals 488 4.19% 0.36% 5.66% (Feb 2020) 3.83% (Dec 2020) 4.84 L 10.00 k
NATCO Pharma Ltd. Pharmaceuticals 405.9 3.48% 1.17% 3.48% (Jan 2021) 0.63% (Feb 2020) 4.56 L 1.65 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 1.59%
TREPS TREPS 0.71%
MF Units MF Units 0.02%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th January, 2021)

  • Standard Deviation

    High volatility
    19.03vs14.89
    Category Avg
  • Beta

    High volatility
    0.93vs0.53
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.1vs0.11
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.23vs0.08
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    11.57vs-0.73
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
ICICI Prudential Commodities Fund - Regular Plan - Growth NA 112.47 12.55 29.11 42.41 68.01 0.00
ICICI Prudential Technology Fund - Growth 3 1412.08 0.43 17.19 38.77 67.67 25.44
Quant Consumption Fund - Growth NA 5.82 5.37 19.76 30.66 58.62 11.03
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Growth NA 2010.14 -3.41 4.80 10.30 57.98 0.00
Franklin India Technology Fund - Growth 1 495.32 -1.51 15.05 32.60 57.73 24.25
Aditya Birla Sun Life Digital India Fund - Regular Plan - Growth 4 940.94 -0.02 16.95 34.37 57.02 24.29
DSP Healthcare Fund - Regular Plan - Growth NA 1048.74 -2.74 4.60 10.87 54.37 0.00
UTI Healthcare - Growth NA 617.19 -4.57 2.28 8.06 52.39 15.29
Tata Digital India Fund - Growth NA 920.96 -1.86 17.03 37.30 52.08 24.69
Nippon India Pharma Fund - Growth NA 4197.03 -5.10 3.07 9.68 51.61 19.74

More Funds from Mirae Asset Mutual Fund

Out of 25 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 4 is/are ranked 3 * , 2 is/are ranked 2 * , and 17 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mirae Asset Large Cap Fund - Regular - Growth 3 21745.53 2.76 13.03 23.59 23.80 11.21
Mirae Asset Emerging Bluechip Fund - Growth 5 14415.74 5.67 17.45 30.64 33.41 15.56
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 5647.90 5.15 16.01 30.74 34.11 14.93
Mirae Asset Focused Fund - Growth NA 4601.24 5.27 16.11 28.47 34.10 0.00
Mirae Asset Hybrid - Equity - Growth 3 4383.57 2.75 10.63 19.86 21.88 11.05
Mirae Asset Midcap Fund - Regular Plan - Growth NA 3433.27 8.42 23.04 37.14 37.49 0.00
Mirae Asset Cash Management Fund - Growth 3 3351.38 0.28 0.78 1.62 3.85 5.84
Mirae Asset Healthcare Fund - Growth NA 1166.01 -2.65 3.49 9.87 54.05 0.00
Mirae Asset Great Consumer Fund - Growth NA 1100.51 0.59 12.87 19.91 16.86 10.04
Mirae Asset Savings Fund - Regular Savings - Growth 2 1066.10 0.16 0.40 1.90 5.62 6.13

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