Mirae Asset Healthcare Fund
The scheme seek to generate long term capital appreciation through investing in equity and equity related securities of companies/Entities benefitting directly or indirectly in Healthcare and allied sectors in India.
Growthvine rating: 4/5 — ranked #14 of 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹43.00 (as of 2026-10-22) |
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| AUM | ₹3,555 Cr |
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| Expense ratio | 1.65% |
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| Riskometer | Very High |
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| Fund manager | Tanmay Mehta |
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| Exit load | 1% for redemption within 1 month |
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Performance & risk
| 5-year annualised return | 13.64% |
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| Sharpe ratio | 0.85 |
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| Standard deviation | 16.34% |
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| Max drawdown | −20.09% |
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| Alpha | -0.45 |
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| Beta | 0.97 |
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Over 5 years, captured 95.1% of NIFTY Pharma's upside and 90.0% of its downside.
Market cap allocation
| Large cap | 35.0% |
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| Mid cap | 42.1% |
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| Small cap | 22.9% |
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Concentration
| Top 5 holdings | 37.9% |
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| Top 10 holdings | 58.4% |
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| Total holdings | 28 |
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Top holdings
- Sun Pharmaceutical Industries Ltd. — 10.1%
- Divis Laboratories Ltd. — 9.8%
- Torrent Pharmaceuticals Ltd. — 6.8%
- Apollo Hospitals Enterprises Ltd. — 5.6%
- Laurus Labs Limited — 5.5%
- Dr. Reddys Laboratories Ltd. — 4.8%
- Glenmark Pharmaceuticals ltd — 4.8%
- Aurobindo Pharma Ltd. — 3.8%
- Alkem Laboratories Limited — 3.8%
- Krishna Institute of Medical Sciences Limited — 3.4%
Top sectors
- Pharma & Biotech — 75.8%
- Healthcare — 22.3%
- Chemicals — 1.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 12.6% | Q1 (Top) | #6 of 76 |
| 2025 | −3.4% | Q3 | #47 of 69 |
| 2024 | 39.1% | Q1 (Top) | #12 of 58 |
| 2023 | 34.0% | Q3 | #29 of 48 |
| 2022 | −11.8% | Q4 (Bottom) | #39 of 46 |