Should I invest in Mirae Asset Healthcare Fund Direct Growth?

We don't give personal investment advice. Mirae Asset Healthcare Fund Direct Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.5%. 5-year CAGR: 15.57%.

Mirae Asset

Mirae Asset Healthcare Fund Direct Growth

Latest NAV

₹46.8060

As of

3 Jun 2026

1,947 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.42%	+0.27%	-0.69	234 / 258	Q4
1W	-2.53%	-1.34%	-1.20	215 / 258	Q4
2W	-3.27%	+0.04%	-3.30	254 / 259	Q4
1M	+1.24%	-0.39%	+1.63	78 / 259	Q2
3M	+5.97%	+2.19%	+3.78	72 / 257	Q2
6M	+7.77%	-1.09%	+8.86	32 / 247	Q1
YTD	+8.92%	-1.30%	+10.22	23 / 247	Q1
1Y	+13.90%	+5.02%	+8.88	30 / 230	Q1
2Y	+16.87%	+5.50%	+11.36	12 / 182	Q1
3Y	+25.80%	+16.94%	+8.86	15 / 139	Q1
4Y	+20.96%	+16.57%	+4.39	29 / 119	Q1
5Y	+15.57%	+13.73%	+1.85	35 / 109	Q2
7Y	+24.10%	+16.42%	+7.67	2 / 91	Q1
10Y	—	—	—	—	—
Inception	+21.34%	+10.45%	+10.90	19 / 259	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+8.92%	-0.94%	+9.85	23 / 244
2025	-2.40%	+4.41%	-6.80	161 / 208
2024	+40.78%	+23.18%	+17.60	12 / 155
2023	+36.86%	+33.51%	+3.35	45 / 127
2022	-10.47%	+4.32%	-14.80	100 / 116
2021	+27.75%	+34.43%	-6.68	63 / 104
2020	+76.23%	+21.19%	+55.03	2 / 94
2019	+7.97%	+9.30%	-1.33	39 / 85
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+24.92%

85 windows

min -10.4% · max 84.7%

81% positive

3-Year rolling

+23.64%

61 windows

min 15.4% · max 33.9%

100% positive

5-Year rolling

+23.76%

36 windows

min 15.6% · max 33.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+22.52%

12 windows

min 21.1% · max 24.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

16.01%

3-year · annualised

Sharpe ratio

1.12

vs risk-free 6.5%

Sortino ratio

2.16

Downside-only deviation

Max drawdown

-15.90%

Jan 2025 → Feb 2025

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	HDFC	₹18.0340	3 Jun 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹12.1791	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Growth	SBI	₹11.7563	3 Jun 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.6800	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹13.3000	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹20.2506	3 Jun 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹23.5100	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹66.7400	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.3284	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹46.8060
2 Jun 2026	₹46.5630
1 Jun 2026	₹46.7610
29 May 2026	₹47.1850
27 May 2026	₹47.8270
26 May 2026	₹47.7740
25 May 2026	₹47.9000
22 May 2026	₹47.7340
21 May 2026	₹48.4840
20 May 2026	₹48.3560

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Healthcare Fund Direct Growth is ₹46.8060. It's a Sectoral/Thematic Fund from Mirae Asset, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset Healthcare Fund Direct Growth has NAV history starting from 03 Jul 2018, a track record of about 7 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Healthcare Fund Direct Growth is managed by Mirae Asset. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Healthcare Fund Direct Growth has delivered a absolute return of 13.90% — +8.88 pp ahead of the Sectoral/Thematic Fund category average of 5.02%. The fund ranks #30 of 230 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Mirae Asset Healthcare Fund Direct Growth has delivered a CAGR of 25.80% — +8.86 pp ahead of the Sectoral/Thematic Fund category average of 16.94%. The fund ranks #15 of 139 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Mirae Asset Healthcare Fund Direct Growth has delivered a CAGR of 15.57% — +1.85 pp ahead of the Sectoral/Thematic Fund category average of 13.73%. The fund ranks #35 of 109 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Healthcare Fund Direct Growth exactly 5 years ago would be worth approximately ₹206,214 today — a multiplier of 2.06×, based on the 5-year CAGR of 15.57%. The category average over the same window would have grown ₹1 lakh to ₹190,234.

A ₹10,000 monthly SIP in Mirae Asset Healthcare Fund Direct Growth over the last 5 years — total invested ₹600,000 — would be worth ₹941,752 today. That's an XIRR (money-weighted annualised return) of 18.07%.

Mirae Asset Healthcare Fund Direct Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,767,099 — XIRR 20.86%.

On a 5-year basis, Mirae Asset Healthcare Fund Direct Growth ranks #35 out of 109 funds in the Sectoral/Thematic Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 13.73%; this fund delivered 15.57%.

The worst peak-to-trough decline Mirae Asset Healthcare Fund Direct Growth has experienced over the last 5-year window is 18.47% — its NAV fell from a high on 03 Jan 2022 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Healthcare Fund Direct Growth averaged 23.75% (best 33.64%, worst 15.57%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.60 — reasonable risk-adjusted performance.

In calendar year 2025, Mirae Asset Healthcare Fund Direct Growth returned -2.40% — lagging the Sectoral/Thematic Fund category average of 4.41% by 6.80 pp. It ranked #161 of 208 in its category that year.

Mirae Asset Healthcare Fund Direct Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mirae Asset Healthcare Fund Direct Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 18.5%. 5-year CAGR: 15.57%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mirae Asset Healthcare Fund Direct Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Sectoral/Thematic Fund

Recent NAVs

Frequently asked questions

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