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Business News/Market/Market Stats/    Mirae Asset Healthcare Fund Regular Growth

Mirae Asset Healthcare Fund Regular Growth

+
  • Equity
  • Sector - Healthcare
  • Rating N.A.
  • Plan
30.58 -0.10 (-0.33%) NAV as on 23 Apr, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)2235.15
  • CAGR 46.63%
  • Exit Load1.00%
  • Expense ratio1.99%
  • CategoryEquity
  • Min Investment5000
  • Min SIP500
  • Launch Date2018-06-02

Morning Star Rating N.A.

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 24 April 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 9.10%
  • Beta 0.92
  • Sharpe Ratio0.84
  • Std Deviation 15.38%
  • Tracking Error 4.63%

About Fund

The investment objective of the scheme is to seek 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. The Scheme does not guarantee or assure any returns.

 

The Mirae Asset Healthcare Fund Regular Growth has an AUM of 2235.15 crores & has delivered CAGR of 23.60% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.99%. The minimum investment in Mirae Asset Healthcare Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

 

The top holdings of the fund include Sun Pharmaceutical Industries, Cipla, Aurobindo Pharma & Dr Reddys Laboratories.

 

The major sectors where the fund is invested are Biotechnology & Drugs, Healthcare Facilities, Major Drugs & Chemical Manufacturing.

 

Some of the similar funds are DSP Healthcare Fund Regular Growth, SBI Healthcare Opportunities Fund Regular Growth, Mirae Asset Healthcare Fund Regular Growth, Tata India Pharma & Healthcare Fund Regular Growth, UTI Healthcare Fund Regular Plan Growth. Mirae Asset Healthcare Fund Regular Growth has a sharpe ratio of 0.84 & a standard deviation of 15.38%.

FAQs about Mirae Asset Healthcare Fund Regular Growth

According to the morning star rating Mirae Asset Healthcare Fund Regular Growth has a Medium risk & Exceptional return.
Mirae Asset Healthcare Fund Regular Growth is managed by Vrijesh Kasera.
The expense ratio of Mirae Asset Healthcare Fund Regular Growth is 1.99%.
The 5 year annualized return on Mirae Asset Healthcare Fund Regular Growth is 23.60% & it has generated 46.63% in the last 1 year.
The minimum investment in Mirae Asset Healthcare Fund Regular Growth is 5000 Rs.
Mirae Asset Healthcare Fund Regular Growth has an AUM of 2235.15 crores.
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