FAQ : Mirae Asset Healthcare Fund - Regular Plan - Growth

Mirae Asset Healthcare Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 54.74 18.65 24.57 N/A
Average Rolling Returns(%) 25.73 24.33 21.28 N/A

The Current NAV of Mirae Asset Healthcare Fund - Regular Plan - Growth is ₹30.78.

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 Health Care - TRI returns, as Funds portfolio is significantly different.

Mirae Asset Healthcare Fund - Regular Plan - Growth fund’s expense ratio is 1.99%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Healthcare Fund - Regular Plan - Growth 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 - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Equity - Sectoral Fund - Pharma & Health Care.

Vrijesh Kasera manages the Mirae Asset Healthcare Fund - Regular Plan - Growth Fund.

Mirae Asset Healthcare Fund - Regular Plan - Growth current PE ratio is 46.56 and PB ratio is 6.44

The asset allocation of Mirae Asset Healthcare Fund - Regular Plan - Growth is Stocks : 99.24%, Debt : 0.76% and Gold : 0.01%

The minimum SIP amount for Mirae Asset Healthcare Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Healthcare Fund - Regular Plan - Growth is 1% on or before 1 year(365 days), Nil after 1 year(365 days)

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