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Unrated

Mirae Asset Healthcare Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.63 Lakh

Suitability:

This is a fund that invests mainly in shares of pharmaceutical and healthcare companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 56.76 -1.20 -1.29 -1.34 16.43 27.12 62.95 -- -- -- --
S&P BSE Healthcare TRI 45.46 -1.33 -1.74 -2.18 14.50 26.36 50.15 -- -- -- --
Equity: Sectoral-Pharma 49.36 -1.18 -1.06 -1.11 15.87 26.03 55.48 -- -- -- --
Rank within category 2 7 6 6 5 4 2 -- -- -- --
Number of funds in category 9 9 9 9 9 9 9 4 3 3 3

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Healthcare Fund - Regular Plan  | Invest Online
Unrated
Jul-18 62.95 -- -- 2.30 1,006
Nippon India Pharma Fund
Unrated
Jun-04 53.00 18.88 7.42 2.19 3,911
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund  | Invest Now
Unrated
Jul-18 60.70 -- -- 2.32 1,988
SBI Healthcare Opportunities Fund  | Invest Online
Unrated
Jul-99 55.03 11.93 2.59 2.47 1,434
DSP Healthcare Fund - Regular Plan  | Invest Online
Unrated
Nov-18 68.45 -- -- 2.36 833

Best & Worst Performance

Best (Period) Worst (Period)
Week 19.80 (01-Apr-2020 - 09-Apr-2020) -11.77 (11-Mar-2020 - 18-Mar-2020)
Month 36.07 (23-Mar-2020 - 22-Apr-2020) -20.09 (20-Feb-2020 - 23-Mar-2020)
Quarter 47.13 (23-Mar-2020 - 22-Jun-2020) -10.45 (23-Dec-2019 - 23-Mar-2020)
Year 82.93 (09-Oct-2019 - 08-Oct-2020) -8.25 (28-Aug-2018 - 28-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Healthcare TRI* 16.12 23.75 0.47 1.12 -- --
Equity: Sectoral-Pharma* 18.02 20.97 0.62 1.27 0.86 3.47
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 27
Top 10 Stocks (%) 65.81
Top 5 Stocks (%) 42.50
Top 3 Sectors (%) 95.48
Portfolio P/B Ratio 5.36
Portfolio P/E Ratio 42.61

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 41,312 34,479
Giant (%) 11.49 9.49
Large (%) 48.24 47.21
Mid (%) 38.08 32.67
Small (%) 2.19 10.63
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Dr. Reddy's Lab Healthcare 51.56 11.50 5.69 11.30
up Sun Pharmaceutical Inds. Healthcare 152.58 13.65 9.78 9.84
up Divi's Laboratories Healthcare 52.27 10.44 7.19 7.97
equal Cipla Healthcare 37.41 9.46 4.26 7.33
equal Ipca Laboratories Healthcare 31.74 8.33 2.39 6.06
equal Lupin Healthcare -- 5.66 3.52 5.15
up Torrent Pharmaceuticals Healthcare 35.93 7.24 3.02 4.96
up Aurobindo Pharma Healthcare 15.06 7.25 1.78 4.78
up Laurus Labs Healthcare 42.48 4.40 0.74 4.40
equal Apollo Hospitals Healthcare 153.50 4.02 0.00 4.02
equal Biocon Healthcare 75.47 6.83 3.43 3.75
up Dr. Lal Pathlabs Healthcare 98.04 4.96 2.53 2.87
equal Ajanta Pharma Healthcare 28.64 4.77 1.88 2.79
up Abbott India Healthcare 49.29 2.71 0.28 2.46
equal JB Chemicals & Pharma Healthcare 23.35 2.68 0.00 2.38
up Natco Pharma Healthcare 38.11 2.08 0.00 2.08
down Syngene International Healthcare 60.90 4.14 0.00 1.85
up Vinati Organics Chemicals 37.97 4.64 1.37 1.84
equal Rossari Biotech Chemicals 63.62 1.90 0.00 1.78
equal Max Financial Services Financial 64.62 2.25 0.82 1.62
up Sanofi India Healthcare 41.76 2.57 1.39 1.58
equal Alkem Laboratories Healthcare 23.64 4.55 1.57 1.57
up SBI Life Insurance Company Financial 47.20 1.71 0.00 1.46
down SRF Diversified 26.08 2.01 0.00 1.33
equal HDFC Life Insurance Financial 87.98 1.76 0.00 1.28

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020


-1.20%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 17.1200

Dividend: ₹ 17.1180


Investment Strategy

The scheme seeks to generate long term capital appreciation through investing in equity and equity related securities of companies benefitting directly or indirectly in Healthcare and allied sectors in India.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 02-Jul-2018
Return Since Launch: 26.00%
Benchmark: S&P BSE Healthcare TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 1,006 Cr (As on 30-Sep-2020)
Expense: 2.30% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: 25.00%

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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