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: 4.43%.

Mirae Asset

Mirae Asset Healthcare Fund Direct IDCW

Latest NAV

₹28.1920

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.

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	-0.43%	+0.27%	-0.70	226 / 249	Q4
1W	-2.54%	-1.33%	-1.21	207 / 249	Q4
2W	-3.27%	-0.44%	-2.83	243 / 251	Q4
1M	+1.24%	-0.98%	+2.22	74 / 251	Q2
3M	+5.97%	+0.91%	+5.06	64 / 249	Q2
6M	-1.20%	-3.35%	+2.15	88 / 241	Q2
YTD	-0.15%	-3.40%	+3.25	83 / 241	Q2
1Y	+4.42%	+2.11%	+2.31	77 / 225	Q2
2Y	+7.61%	+1.79%	+5.82	40 / 181	Q1
3Y	+15.77%	+12.30%	+3.47	57 / 142	Q2
4Y	+8.83%	+11.74%	-2.91	93 / 122	Q4
5Y	+4.43%	+8.93%	-4.49	93 / 111	Q4
7Y	+15.43%	+13.08%	+2.35	28 / 92	Q2
10Y	—	—	—	—	—
Inception	+13.82%	+8.52%	+5.30	68 / 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	-0.15%	-2.64%	+2.50	82 / 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

+17.83%

85 windows

min -30.7% · max 84.7%

68% positive

3-Year rolling

+15.24%

61 windows

min 3.1% · max 33.8%

100% positive

5-Year rolling

+15.09%

36 windows

min 4.4% · max 24.8%

100% positive

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

7-Year rolling

+14.79%

12 windows

min 13.0% · max 16.0%

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

18.03%

3-year · annualised

Sharpe ratio

0.55

vs risk-free 6.5%

Sortino ratio

0.86

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	₹15.9390	3 Jun 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹31.2458	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹11.7560	3 Jun 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹64.9400	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹13.3100	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹20.2732	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹29.4200	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.3281	3 Jun 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.3581	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹28.1920
2 Jun 2026	₹28.0450
1 Jun 2026	₹28.1650
29 May 2026	₹28.4200
27 May 2026	₹28.8070
26 May 2026	₹28.7750
25 May 2026	₹28.8510
22 May 2026	₹28.7510
21 May 2026	₹29.2030
20 May 2026	₹29.1260

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 IDCW is ₹28.1920. 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 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 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 4.42% — +2.31 pp ahead of the Sectoral/Thematic Fund category average of 2.11%. The fund ranks #77 of 225 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Healthcare Fund Direct IDCW has delivered a CAGR of 15.77% — +3.47 pp ahead of the Sectoral/Thematic Fund category average of 12.30%. The fund ranks #57 of 142 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Healthcare Fund Direct IDCW has delivered a CAGR of 4.43% — -4.49 pp behind the Sectoral/Thematic Fund category average of 8.93%. The fund ranks #93 of 111 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 ₹124,225 today — a multiplier of 1.24×, based on the 5-year CAGR of 4.43%. The category average over the same window would have grown ₹1 lakh to ₹153,347.

A ₹10,000 monthly SIP in Mirae Asset Healthcare Fund Direct IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹711,654 today. That's an XIRR (money-weighted annualised return) of 6.76%.

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 ₹1,208,869 — XIRR 10.22%.

On a 5-year basis, Mirae Asset Healthcare Fund Direct IDCW ranks #93 out of 111 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 8.93%; this fund delivered 4.43%.

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 15.09% (best 24.82%, worst 4.43%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.04 — 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: 4.43%.

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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