Should I invest in Mirae Asset Healthcare Fund Direct IDCW?

We don't give personal investment advice. Mirae Asset Healthcare Fund Direct IDCW 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: 36.0%. 5-year CAGR: 4.36%.

Mirae Asset

Mirae Asset Healthcare Fund Direct IDCW

Latest NAV

₹30.2340

As of

17 Jul 2026

1,978 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.

Period

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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	-1.00%	-0.04%	-0.96	230 / 249	Q4
1W	+0.18%	-0.15%	+0.33	73 / 249	Q2
2W	+0.17%	-0.61%	+0.79	128 / 251	Q3
1M	+6.26%	+1.14%	+5.12	12 / 251	Q1
3M	+14.04%	+3.90%	+10.15	16 / 251	Q1
6M	+8.63%	+2.59%	+6.04	65 / 243	Q2
YTD	+7.65%	+0.68%	+6.96	56 / 241	Q1
1Y	+3.90%	+2.39%	+1.51	94 / 229	Q2
2Y	+5.86%	+0.44%	+5.41	49 / 186	Q2
3Y	+14.81%	+11.53%	+3.29	58 / 151	Q2
4Y	+9.97%	+12.75%	-2.78	94 / 125	Q4
5Y	+4.36%	+9.05%	-4.69	99 / 113	Q4
7Y	+16.95%	+14.43%	+2.51	24 / 92	Q2
10Y	—	—	—	—	—
Inception	+14.66%	+10.06%	+4.60	67 / 251	Q2

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	+7.65%	+1.51%	+6.14	55 / 237
2025	-9.73%	+1.49%	-11.22	191 / 204
2024	+29.42%	+20.10%	+9.32	28 / 158
2023	+25.54%	+30.21%	-4.66	81 / 131
2022	-24.56%	+1.48%	-26.04	115 / 119
2021	+27.72%	+31.54%	-3.82	56 / 106
2020	+76.26%	+19.90%	+56.37	2 / 95
2019	+7.96%	+6.43%	+1.53	29 / 87
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

+18.27%

86 windows

min -25.5% · max 78.1%

70% positive

3-Year rolling

+15.62%

62 windows

min 2.6% · max 34.6%

100% positive

5-Year rolling

+14.74%

38 windows

min 4.4% · max 24.1%

100% positive

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

7-Year rolling

+15.21%

13 windows

min 13.2% · max 16.9%

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

14.50%

3-year · annualised

Sharpe ratio

0.57

vs risk-free 6.5%

Sortino ratio

1.02

Downside-only deviation

Max drawdown

-22.29%

Jan 2025 → Jan 2026

% positive months

58.3%

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 - IDCW Option - Direct Plan	HDFC	₹17.4480	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹30.5463	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.5864	17 Jul 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹70.0600	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹14.5200	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹22.0968	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹32.1000	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.5239	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹30.2340
16 Jul 2026	₹30.5380
15 Jul 2026	₹30.5670
14 Jul 2026	₹30.4590
13 Jul 2026	₹30.2390
10 Jul 2026	₹30.1800
9 Jul 2026	₹30.0940
8 Jul 2026	₹29.7620
7 Jul 2026	₹30.0740
6 Jul 2026	₹30.2560

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 17 Jul 2026, the NAV of Mirae Asset Healthcare Fund Direct IDCW is ₹30.2340. It's a Sectoral/Thematic Fund from Mirae Asset, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Healthcare Fund Direct IDCW has NAV history starting from 03 Jul 2018, a track record of about 8 years. 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 IDCW 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 IDCW has delivered a absolute return of 3.90% — +1.51 pp ahead of the Sectoral/Thematic Fund category average of 2.39%. The fund ranks #94 of 229 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Healthcare Fund Direct IDCW has delivered a CAGR of 14.81% — +3.29 pp ahead of the Sectoral/Thematic Fund category average of 11.53%. The fund ranks #58 of 151 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Healthcare Fund Direct IDCW has delivered a CAGR of 4.36% — -4.69 pp behind the Sectoral/Thematic Fund category average of 9.05%. The fund ranks #99 of 113 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Mirae Asset Healthcare Fund Direct IDCW exactly 5 years ago would be worth approximately ₹123,808 today — a multiplier of 1.24×, based on the 5-year CAGR of 4.36%. The category average over the same window would have grown ₹1 lakh to ₹154,217.

A ₹10,000 monthly SIP in Mirae Asset Healthcare Fund Direct IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹761,565 today. That's an XIRR (money-weighted annualised return) of 9.47%.

Mirae Asset Healthcare Fund Direct IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,271,163 — XIRR 11.63%.

On a 5-year basis, Mirae Asset Healthcare Fund Direct IDCW ranks #99 out of 113 funds in the Sectoral/Thematic Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 9.05%; this fund delivered 4.36%.

The worst peak-to-trough decline Mirae Asset Healthcare Fund Direct IDCW has experienced over the last 5-year window is 35.99% — its NAV fell from a high on 03 Jan 2022 to a low on 21 Mar 2023. 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 IDCW averaged 14.74% (best 24.14%, worst 4.36%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.05 — negative risk-adjusted performance.

In calendar year 2025, Mirae Asset Healthcare Fund Direct IDCW returned -9.73% — lagging the Sectoral/Thematic Fund category average of 1.49% by 11.22 pp. It ranked #191 of 204 in its category that year.

Mirae Asset Healthcare Fund Direct IDCW 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 IDCW 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: 36.0%. 5-year CAGR: 4.36%.

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

Mirae Asset Healthcare Fund Direct IDCW

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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