Mirae Asset Healthcare Fund Direct-Growth
Equity: Sectoral-Pharma - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Sectoral-PharmaBenchmark: BSE Healthcare Total Return IndexCheck Portfolio Overlap →
NAV: ₹52.13+0.64%
07 Sept 2026
Rolling Returns Analysis
Rolling annualized returns of Mirae Asset Healthcare Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 10 Jul, 2019 - 07 Sep, 2026 | 19 Jul, 2021 - 07 Sep, 2026 | 27 Jul, 2023 - 07 Sep, 2026 | 07 Aug, 2025 - 07 Sep, 2026 |
| Average returns | 25.59% | 24.04% | 23.87% | 23.31% |
| Standard deviation | 24.92% | 5.46% | 5.28% | 1.44% |
| Best returns | 90.84% 1 year ending on 25 Mar, 2021 | 36.28% 3 years ending on 03 Aug, 2021 | 33.88% 5 years ending on 17 Sep, 2024 | 26.72% 7 years ending on 31 Aug, 2026 |
| Worst returns | -10.66% 1 year ending on 06 Jan, 2023 | 13.14% 3 years ending on 26 Oct, 2023 | 15.08% 5 years ending on 02 Feb, 2026 | 21.32% 7 years ending on 16 Oct, 2025 |
| Period with positive return | 81.99% | 100.00% | 100.00% | 100.00% |
| Period with return > 5% | 72.71% | 100.00% | 100.00% | 100.00% |
| Period with return > 10% | 67.72% | 100.00% | 100.00% | 100.00% |
| Period with return > 15% | 62.17% | 99.05% | 100.00% | 100.00% |
| Beat % Category | 65.23% | 63.06% | 92.31% | 100.00% |
| Beat % Benchmark | 80.29% | 84.29% | 99.87% | 100.00% |
Trailing Returns
Point-to-point returns of Mirae Asset Healthcare Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
10%
20%
30%
40%
21.6%
19.0%
18.1%
YTD
0.8%
0.4%
0.5%
1 M
18.6%
19.3%
16.5%
6 M
20.8%
18.3%
22.7%
1 Y
22.9%
22.8%
47.3%
3 Y
15.7%
15.7%
14.0%
5 Y
15.3%
9.4%
10 Y
Fund
Equity: Sectoral-Pharma
BSE Healthcare Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 21.62% | 0.82% | 18.57% | 20.80% | 22.85% | 15.73% | - | 22.34% |
| Equity: Sectoral-Pharma | 19.02% | 0.44% | 19.32% | 18.26% | 22.79% | 15.66% | 15.35% | - |
| BSE Healthcare Total Return Index | 18.07% | 0.52% | 16.54% | 22.74% | 47.28% | 13.97% | 9.42% | - |
| Rank in category | 9 | 8 | 13 | 9 | 4 | 4 | - | - |
| Funds in category | 22 | 23 | 22 | 21 | 11 | 8 | 4 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Mirae Asset Healthcare Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Mirae Asset Healthcare Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
Compare performance with respect toAdd benchmark
Add benchmark
Frequently Asked Questions
What are the 1-year returns of Mirae Asset Healthcare Fund Direct-Growth?
Mirae Asset Healthcare Fund Direct-Growth has delivered a 1-year return of 20.80% as of 6 Sep 2026. During the same period, its benchmark BSE Healthcare Total Return Index returned 22.74%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Mirae Asset Healthcare Fund Direct-Growth?
Mirae Asset Healthcare Fund Direct-Growth has delivered a 3-year CAGR of 22.85% as of 6 Sep 2026. Its benchmark BSE Healthcare Total Return Index returned 47.28% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Mirae Asset Healthcare Fund Direct-Growth?
Mirae Asset Healthcare Fund Direct-Growth has delivered a 5-year CAGR of 15.73% as of 6 Sep 2026. Its benchmark BSE Healthcare Total Return Index returned 13.97% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Mirae Asset Healthcare Fund Direct-Growth since inception?
Since its launch on 3 Jul 2018, Mirae Asset Healthcare Fund Direct-Growth has delivered a CAGR of 22.34%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Mirae Asset Healthcare Fund Direct-Growth performed vs its category over the long term?
Over the long term, Mirae Asset Healthcare Fund Direct-Growth has ranked 4 out of 11 funds in the Equity: Sectoral-Pharma category on a 3-year basis, and 4 out of 8 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Mirae Asset Healthcare Fund Direct-Growth?
The Sharpe ratio of Mirae Asset Healthcare Fund Direct-Growth is 1.07 (as of 6 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Mirae Asset Healthcare Fund Direct-Growth?
The 3Y alpha of Mirae Asset Healthcare Fund Direct-Growth is 1.01% (as of 6 Sep 2026). Alpha measures the excess return generated by the fund over and above its benchmark BSE Healthcare Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Mirae Asset Healthcare Fund Direct-Growth?
The beta of Mirae Asset Healthcare Fund Direct-Growth is 0.97 (as of 6 Sep 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark BSE Healthcare Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Mirae Asset Healthcare Fund Direct-Growth's beta of 0.97 indicates it is more defensive than its benchmark.
What are the rolling returns of Mirae Asset Healthcare Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Mirae Asset Healthcare Fund Direct-Growth is 25.59% and 24.04% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.