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Unrated

Mirae Asset Healthcare Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.64 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.59 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 -1.56 -1.24 -3.05 3.08 7.81 29.42 63.52 -- -- -- --
S&P BSE Healthcare TRI -0.45 -1.36 -3.21 4.34 9.36 27.87 55.23 -- -- -- --
Equity: Sectoral-Pharma -0.42 -1.27 -2.96 3.89 9.82 30.14 59.31 -- -- -- --
Rank within category 9 5 6 7 8 7 3 -- -- -- --
Number of funds in category 9 9 9 9 9 9 9 4 4 3 3

As on 21-Jan-2021

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 63.52 -- -- 2.16 1,210
Nippon India Pharma Fund
Unrated
Jun-04 61.12 20.26 13.31 2.02 4,383
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund  | Invest Now
Unrated
Jul-18 64.72 -- -- 2.37 2,159
SBI Healthcare Opportunities Fund  | Invest Online
Unrated
Jul-99 61.14 14.48 8.04 2.25 1,575
DSP Healthcare Fund - Regular Plan  | Invest Online
Unrated
Nov-18 66.59 -- -- 2.26 1,043

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* 16.08 23.83 0.47 1.15 -- --
Equity: Sectoral-Pharma* 18.28 21.26 0.64 1.35 0.87 3.67
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 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 28
Top 10 Stocks (%) 63.71
Top 5 Stocks (%) 42.60
Top 3 Sectors (%) 96.90
Portfolio P/B Ratio 5.47
Portfolio P/E Ratio 44.37

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 44,279 39,267
Giant (%) 10.54 10.73
Large (%) 47.67 46.98
Mid (%) 36.61 32.97
Small (%) 5.18 9.32
Tiny (%) -- 0.09

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 52.22 12.08 5.69 10.91
down Sun Pharmaceutical Inds. Healthcare 95.10 13.65 9.54 10.41
equal Divi's Laboratories Healthcare 54.41 10.44 7.19 8.67
equal Cipla Healthcare 35.63 9.46 4.26 7.33
up Ipca Laboratories Healthcare 26.14 8.33 2.39 5.28
down Torrent Pharmaceuticals Healthcare 38.75 7.24 3.02 5.26
down Aurobindo Pharma Healthcare 16.83 7.25 1.78 4.33
up Apollo Hospitals Healthcare 219.88 4.26 0.00 4.26
equal Lupin Healthcare -- 5.66 3.52 3.83
up Biocon Healthcare 82.24 6.83 3.28 3.43
down Laurus Labs Healthcare 33.23 4.40 0.74 3.00
equal Dr. Lal Pathlabs Healthcare 95.63 4.96 2.53 2.93
equal Ajanta Pharma Healthcare 27.22 4.77 1.88 2.35
up Max Financial Services Financial 94.87 2.32 0.82 2.32
equal Natco Pharma Healthcare 37.13 2.44 0.00 2.31
equal Abbott India Healthcare 46.75 2.71 0.28 2.09
equal Alkem Laboratories Healthcare 25.10 4.55 1.57 1.91
equal ICICI Lombard General Insurance Company Financial 47.20 2.00 0.00 1.90
equal SRF Diversified 34.11 2.01 0.00 1.87
equal Syngene International Healthcare 66.94 4.14 0.00 1.78
equal Rossari Biotech Chemicals 69.30 1.90 0.00 1.75
up PI Industries Chemicals 56.59 1.90 0.00 1.71
equal JB Chemicals & Pharma Healthcare 25.20 2.68 0.00 1.70
up Chemcon Speciality Chemicals Chemicals 33.22 1.67 0.00 1.67
equal Vinati Organics Chemicals 46.77 4.64 1.37 1.52

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 31-Dec-2020


-1.24%

Change from previous, NAV as on 21-Jan-2021

Growth: ₹ 18.6980

Dividend: ₹ 18.6940


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: 27.71%
Benchmark: S&P BSE Healthcare TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,210 Cr (As on 31-Dec-2020)
Expense: 2.16% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: --
Turnover: 28.00%

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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