Mirae Asset Healthcare Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 57.1 | 20.47 | 26.53 | N/A |
Average Rolling Returns(%) | 27.90 | 26.36 | 23.23 | N/A |
The Current NAV of Mirae Asset Healthcare Fund - Growth - Direct Plan is ₹34.07.
You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark S&P BSE SENSEX - TRI returns, as Funds portfolio is significantly different.
Mirae Asset Healthcare Fund - Growth - Direct Plan fund’s expense ratio is 0.49%
The process for redemption is
The AUM of Mirae Asset Healthcare Fund - Growth - Direct Plan is currently ₹2,218 Crores.
The Top three stocks are Sun Pharma Inds., Cipla and Dr. Reddys Lab and account for 34% of its portfolio. Top 5 and 10 stocks of fund account for 48% and 70% of fund’s portfolio respectively.
Top three sectors of Mirae Asset Healthcare Fund - Growth - Direct Plan fund are Healthcare, Miscellaneous and Chemicals accounting for 99% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Pharma & Health Care it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mirae Asset Healthcare Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Pharma & Health Care.
Vrijesh Kasera manages the Mirae Asset Healthcare Fund - Growth - Direct Plan Fund.
Mirae Asset Healthcare Fund - Growth - Direct Plan current PE ratio is 46.56 and PB ratio is 6.44
The asset allocation of Mirae Asset Healthcare Fund - Growth - Direct Plan is Stocks : 99.24%, Debt : 0.76% and Gold : 0.01%
The minimum SIP amount for Mirae Asset Healthcare Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for Mirae Asset Healthcare Fund - Growth - Direct Plan is 1% on or before 1 year(365 days), Nil after 1 year(365 days)