Mirae Asset Healthcare Fund Overview
Category Pharma Fund
BMSMONEY Rank -
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹37.31(R) +0.49% ₹41.3(D) +0.5%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 29.19% 16.25% 26.58% -% -%
LumpSum (D) 31.11% 18.0% 28.54% -% -%
SIP (R) 19.96% 27.19% 22.91% -% -%
SIP (D) 21.76% 29.06% 24.75% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.66 0.37 0.66 -0.49% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.87% -17.19% -17.33% 0.94 10.61%
Top Pharma Fund
Fund Name Rank Rating
Icici Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund -
Sbi Healthcare Opportunities Fund -
Tata India Pharma & Healthcare Fund -
Uti Healthcare Fund -
Dsp Healthcare Fund -

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Healthcare Fund Regular IDCW 25.91
0.1300
0.4900%
Mirae Asset Healthcare Fund Direct IDCW 29.34
0.1500
0.5000%
Mirae Asset Healthcare Fund -Regular Growth 37.31
0.1800
0.4900%
Mirae Asset Healthcare Fund Direct Growth 41.3
0.2000
0.5000%

Review Date: 17-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed six return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The Mirae Asset Healthcare Fund has one return parameter in the top 25% in the category, as shown below:
      • 1M Return %
    2. Above Average Below the Top 25%: The Mirae Asset Healthcare Fund has one return parameter in the category, which is above average but below the top 25%, as shown below:
      • 5Y Return %
    3. Below Average: Mirae Asset Healthcare Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 3Y Return %
      • 6M Return %
      • 3M Return %
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. 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 15.87 %.
      • 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 10.61 %.
  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 0.66 compared to the category average of 0.84.
      • Sterling Ratio: Mirae Asset Healthcare Fund has a Sterling Ratio of 0.66 compared to the category average of 0.78.
      • Sortino Ratio: Mirae Asset Healthcare Fund has a Sortino Ratio of 0.37 compared to the category average of 0.46.
      • Treynor Ratio: Mirae Asset Healthcare Fund has a Treynor Ratio of 0.11 compared to the category average of 0.14.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.24
-1.85
-3.07 | -0.21 3 | 13 Very Good
3M Return % -4.56
-3.32
-11.16 | -0.52 11 | 13 Average
6M Return % 8.03
10.35
-2.06 | 16.97 10 | 13 Average
1Y Return % 29.19
30.34
18.33 | 39.68 8 | 12 Average
3Y Return % 16.25
19.24
16.25 | 22.78 8 | 8 Poor
5Y Return % 26.58
26.40
22.23 | 28.77 4 | 8 Good
1Y SIP Return % 19.96
18.39
-7.32 | 33.71 7 | 12 Average
3Y SIP Return % 27.19
29.67
26.66 | 34.85 7 | 8 Poor
5Y SIP Return % 22.91
24.09
21.00 | 27.27 6 | 8 Average
Standard Deviation 15.87
15.28
14.18 | 16.03 7 | 8 Poor
Semi Deviation 10.61
10.39
10.01 | 10.81 7 | 8 Poor
Max Drawdown % -17.33
-16.33
-18.46 | -14.07 6 | 8 Average
VaR 1 Y % -17.19
-16.75
-18.96 | -14.68 6 | 8 Average
Average Drawdown % -6.39
-5.31
-6.71 | -4.20 7 | 8 Poor
Sharpe Ratio 0.66
0.84
0.64 | 1.10 7 | 8 Poor
Sterling Ratio 0.66
0.78
0.66 | 1.01 7 | 8 Poor
Sortino Ratio 0.37
0.46
0.36 | 0.64 7 | 8 Poor
Jensen Alpha % -0.49
2.90
-0.76 | 7.18 7 | 8 Poor
Treynor Ratio 0.11
0.14
0.11 | 0.19 7 | 8 Poor
Modigliani Square Measure % 18.57
21.99
18.25 | 26.72 7 | 8 Poor
Alpha % -1.64
1.16
-1.64 | 5.07 8 | 8 Poor
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.12 -1.74 -2.97 | -0.15 3 | 13
3M Return % -4.21 -3.00 -10.79 | -0.22 10 | 13
6M Return % 8.81 11.07 -1.24 | 17.91 10 | 13
1Y Return % 31.11 32.01 20.29 | 41.43 8 | 12
3Y Return % 18.00 20.68 18.00 | 23.87 8 | 8
5Y Return % 28.54 27.98 24.12 | 30.53 4 | 8
1Y SIP Return % 21.76 19.93 -5.98 | 35.41 7 | 12
3Y SIP Return % 29.06 31.21 28.40 | 36.01 6 | 8
5Y SIP Return % 24.75 25.58 22.74 | 28.39 6 | 8
Standard Deviation 15.87 15.28 14.18 | 16.03 7 | 8
Semi Deviation 10.61 10.39 10.01 | 10.81 7 | 8
Max Drawdown % -17.33 -16.33 -18.46 | -14.07 6 | 8
VaR 1 Y % -17.19 -16.75 -18.96 | -14.68 6 | 8
Average Drawdown % -6.39 -5.31 -6.71 | -4.20 7 | 8
Sharpe Ratio 0.66 0.84 0.64 | 1.10 7 | 8
Sterling Ratio 0.66 0.78 0.66 | 1.01 7 | 8
Sortino Ratio 0.37 0.46 0.36 | 0.64 7 | 8
Jensen Alpha % -0.49 2.90 -0.76 | 7.18 7 | 8
Treynor Ratio 0.11 0.14 0.11 | 0.19 7 | 8
Modigliani Square Measure % 18.57 21.99 18.25 | 26.72 7 | 8
Alpha % -1.64 1.16 -1.64 | 5.07 8 | 8
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.49 ₹ 10,049.00 0.50 ₹ 10,050.00
1W -2.15 ₹ 9,785.00 -2.13 ₹ 9,787.00
1M -1.24 ₹ 9,876.00 -1.12 ₹ 9,888.00
3M -4.56 ₹ 9,544.00 -4.21 ₹ 9,579.00
6M 8.03 ₹ 10,803.00 8.81 ₹ 10,881.00
1Y 29.19 ₹ 12,919.00 31.11 ₹ 13,111.00
3Y 16.25 ₹ 15,710.00 18.00 ₹ 16,429.00
5Y 26.58 ₹ 32,489.00 28.54 ₹ 35,086.00
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 19.96 ₹ 13,262.51 21.76 ₹ 13,373.27
3Y ₹ 36000 27.19 ₹ 53,337.20 29.06 ₹ 54,701.68
5Y ₹ 60000 22.91 ₹ 105,979.20 24.75 ₹ 110,801.40
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Healthcare Fund NAV Regular Growth Mirae Asset Healthcare Fund NAV Direct Growth
17-01-2025 37.314 41.303
16-01-2025 37.131 41.098
15-01-2025 37.111 41.075
14-01-2025 37.516 41.522
13-01-2025 37.156 41.122
10-01-2025 38.134 42.2
09-01-2025 38.978 43.132
08-01-2025 39.246 43.426
07-01-2025 39.633 43.852
06-01-2025 39.35 43.538
03-01-2025 39.693 43.912
02-01-2025 39.907 44.147
01-01-2025 39.7 43.916
31-12-2024 39.537 43.734
30-12-2024 39.328 43.501
27-12-2024 38.995 43.128
26-12-2024 38.614 42.705
24-12-2024 38.489 42.564
23-12-2024 38.392 42.455
20-12-2024 38.328 42.378
19-12-2024 38.678 42.764
18-12-2024 38.237 42.275
17-12-2024 37.783 41.772

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.