Mirae Asset Healthcare Fund Overview
Category Pharma Fund
BMSMONEY Rank -
Rating
Growth Option 21-02-2025
NAV ₹34.59(R) -1.72% ₹38.35(D) -1.71%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 10.68% 17.06% 23.36% -% -%
Direct 12.31% 18.82% 25.27% -% -%
Nifty Pharma TRI 8.49% 16.98% 20.4% 13.51% 6.47%
SIP (XIRR) Regular 0.14% 20.86% 19.03% -% -%
Direct 1.68% 22.69% 20.85% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.59 0.32 0.76 0.23% 0.1
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.22% -19.69% -12.32% 0.95 10.99%
Top Pharma Fund
Fund Name Rank Rating
Sbi Healthcare Opportunities Fund -
Icici Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund -
Tata India Pharma & Healthcare Fund -
Dsp Healthcare Fund -
Uti Healthcare Fund -
Nippon India Pharma Fund -
Mirae Asset Healthcare Fund -
Aditya Birla Sun Life Pharma & Healthcare Fund -

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Healthcare Fund Regular IDCW 24.02
-0.4200
-1.7100%
Mirae Asset Healthcare Fund Direct IDCW 27.24
-0.4700
-1.7100%
Mirae Asset Healthcare Fund -Regular Growth 34.59
-0.6000
-1.7200%
Mirae Asset Healthcare Fund Direct Growth 38.35
-0.6700
-1.7100%

Review Date: 21-02-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined six return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: Two return parameters of the Mirae Asset Healthcare Fund are above average but below the top 25% in the category, as listed below:
      • 3M Return %
      • 5Y Return %
    3. Below Average: Mirae Asset Healthcare Fund has four return parameters that are below average in the category, which are listed below:
      • 3Y Return %
      • 1Y Return %
      • 1M Return %
      • 6M Return %
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Mirae Asset Healthcare Fund, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Mirae Asset Healthcare Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset Healthcare Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Healthcare Fund has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 16.22 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 10.99 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Mirae Asset Healthcare Fund, we have evaluated four risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: Mirae Asset Healthcare Fund has four risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Mirae Asset Healthcare Fund has a Sharpe Ratio of 0.59 compared to the category average of 0.79.
      • Sterling Ratio: Mirae Asset Healthcare Fund has a Sterling Ratio of 0.76 compared to the category average of 0.93.
      • Sortino Ratio: Mirae Asset Healthcare Fund has a Sortino Ratio of 0.32 compared to the category average of 0.43.
      • Treynor Ratio: Mirae Asset Healthcare Fund has a Treynor Ratio of 0.1 compared to the category average of 0.14.


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KPIs* Fund Nifty Pharma TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -7.01 -6.64
-6.97
-9.04 | -5.72 7 | 13 Good
3M Return % -6.21 -6.02
-6.79
-9.68 | -4.84 5 | 13 Good
6M Return % -8.33 -9.49
-6.24
-17.69 | -0.25 9 | 13 Average
1Y Return % 10.68 8.49
11.55
1.74 | 21.28 8 | 13 Good
3Y Return % 17.06 16.98
19.78
17.06 | 22.67 8 | 8 Poor
5Y Return % 23.36 20.40
23.20
19.41 | 25.85 4 | 8 Good
1Y SIP Return % 0.14
1.08
-11.88 | 13.28 7 | 13 Good
3Y SIP Return % 20.86
23.30
20.70 | 27.21 7 | 8 Poor
5Y SIP Return % 19.03
20.31
17.57 | 22.93 7 | 8 Poor
Standard Deviation 16.22
15.52
14.01 | 16.25 7 | 8 Poor
Semi Deviation 10.99
10.65
10.12 | 11.03 7 | 8 Poor
Max Drawdown % -12.32
-11.33
-13.44 | -9.85 7 | 8 Poor
VaR 1 Y % -19.69
-18.16
-22.20 | -15.67 6 | 8 Average
Average Drawdown % -5.69
-5.01
-6.33 | -4.14 7 | 8 Poor
Sharpe Ratio 0.59
0.79
0.59 | 1.08 8 | 8 Poor
Sterling Ratio 0.76
0.93
0.76 | 1.16 8 | 8 Poor
Sortino Ratio 0.32
0.43
0.32 | 0.56 8 | 8 Poor
Jensen Alpha % 0.23
3.87
0.23 | 8.88 8 | 8 Poor
Treynor Ratio 0.10
0.14
0.10 | 0.19 8 | 8 Poor
Modigliani Square Measure % 17.54
21.33
17.54 | 27.27 8 | 8 Poor
Alpha % -0.60
2.09
-0.60 | 5.31 8 | 8 Poor
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Nifty Pharma TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -6.89 -6.64 -6.87 -8.93 | -5.64 7 | 13
3M Return % -5.86 -6.02 -6.48 -9.30 | -4.55 5 | 13
6M Return % -7.65 -9.49 -5.62 -16.99 | 0.61 9 | 13
1Y Return % 12.31 8.49 13.01 3.43 | 22.79 8 | 13
3Y Return % 18.82 16.98 21.22 18.82 | 23.98 8 | 8
5Y Return % 25.27 20.40 24.74 21.24 | 27.02 4 | 8
1Y SIP Return % 1.68 2.46 -10.32 | 14.73 7 | 13
3Y SIP Return % 22.69 24.80 22.30 | 28.34 6 | 8
5Y SIP Return % 20.85 21.78 19.27 | 24.02 6 | 8
Standard Deviation 16.22 15.52 14.01 | 16.25 7 | 8
Semi Deviation 10.99 10.65 10.12 | 11.03 7 | 8
Max Drawdown % -12.32 -11.33 -13.44 | -9.85 7 | 8
VaR 1 Y % -19.69 -18.16 -22.20 | -15.67 6 | 8
Average Drawdown % -5.69 -5.01 -6.33 | -4.14 7 | 8
Sharpe Ratio 0.59 0.79 0.59 | 1.08 8 | 8
Sterling Ratio 0.76 0.93 0.76 | 1.16 8 | 8
Sortino Ratio 0.32 0.43 0.32 | 0.56 8 | 8
Jensen Alpha % 0.23 3.87 0.23 | 8.88 8 | 8
Treynor Ratio 0.10 0.14 0.10 | 0.19 8 | 8
Modigliani Square Measure % 17.54 21.33 17.54 | 27.27 8 | 8
Alpha % -0.60 2.09 -0.60 | 5.31 8 | 8
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.72 ₹ 9,828.00 -1.71 ₹ 9,829.00
1W -1.22 ₹ 9,878.00 -1.19 ₹ 9,881.00
1M -7.01 ₹ 9,299.00 -6.89 ₹ 9,311.00
3M -6.21 ₹ 9,379.00 -5.86 ₹ 9,414.00
6M -8.33 ₹ 9,167.00 -7.65 ₹ 9,235.00
1Y 10.68 ₹ 11,068.00 12.31 ₹ 11,231.00
3Y 17.06 ₹ 16,041.00 18.82 ₹ 16,774.00
5Y 23.36 ₹ 28,571.00 25.27 ₹ 30,848.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 0.14 ₹ 12,009.23 1.68 ₹ 12,109.67
3Y ₹ 36000 20.86 ₹ 48,906.14 22.69 ₹ 50,168.02
5Y ₹ 60000 19.03 ₹ 96,486.84 20.85 ₹ 100,862.52
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Healthcare Fund NAV Regular Growth Mirae Asset Healthcare Fund NAV Direct Growth
21-02-2025 34.594 38.347
20-02-2025 35.198 39.014
19-02-2025 35.063 38.863
18-02-2025 35.108 38.912
17-02-2025 35.346 39.174
14-02-2025 35.02 38.808
13-02-2025 35.993 39.884
12-02-2025 35.592 39.439
11-02-2025 35.759 39.622
10-02-2025 36.727 40.693
07-02-2025 37.496 41.54
06-02-2025 37.532 41.578
05-02-2025 37.288 41.306
04-02-2025 36.929 40.907
03-02-2025 36.329 40.241
31-01-2025 36.408 40.323
30-01-2025 36.279 40.178
29-01-2025 35.996 39.864
28-01-2025 35.252 39.039
27-01-2025 35.832 39.678
24-01-2025 36.779 40.723
23-01-2025 37.702 41.743
22-01-2025 37.144 41.124
21-01-2025 37.202 41.186

Fund Launch Date: 11/Jun/2018
Fund Category: Pharma Fund
Investment Objective: 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.
Fund Description: Healthcare Fund - An open ended e q u i t y scheme investing i n healthcare and allied sectors
Fund Benchmark: S&P BSE Healthcare Index (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.