Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Healthcare Fund

Holds 29 companies worth ₹3,493 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹3,494 CrMirae Asset Healthcare Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.7% on Aug 2026, ₹3,555 Cr.

  • Largest holding

    Sun Pharmaceutical Ind LtdSun Pharmaceutical Ind Ltd is 10.1% of this scheme's NAV.

  • Fund manager

    Vrijesh KaseraRuns it since 2 Jul 2018, as the fund house dates it. With Tanmay Mehta (fund manager).

Overview(4 Oct 2026)

Fund managers2

  1. Vrijesh KaseraFund manager · Jul 2018 · 19y · CFA PGDM
  2. Tanmay MehtaFund manager · Apr 2025 · 13y · CA B.Com

    Key facts

    Benchmark
    BSE Healthcare Index (TRI)
    Risk
    Very High
    Expense
    Regular 2.04% · Direct 0.61%
    Exit load
    1% within 1 month
    Started
    2 Jul 2018
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 4 Oct 2026 at AMFI.

    What changed(16 changes)

    Oct 2026

    1 change
    1. Expense ratio
      4 OctRegular 2.06% → 2.04%Direct 0.63% → 0.61%

    Aug 2026

    1 change
    1. Category
      26 AugSectoral/ Thematic → Sectoral Fund

    Jul 2026

    2 changes
    1. Exit load
      14 Jul1% within 1 year → 1% within 1 month
    2. Expense ratio
      14 JulRegular 1.94% → 2.06%Direct 0.51% → 0.63%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Jul 2018 – now)

    1. Vrijesh Kasera
    2. Tanmay Mehta
    MainCoSlice20192020202120222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    14 changesRegularDirectΔ pt
    4 Oct 20262.04%0.61%0.02
    14 Jul 20262.06%0.63%0.12
    20 Mar 20261.94%0.51%0.03
    30 Nov 20251.93%0.48%0.02
    22 Sept 20251.92%0.46%0.02
    17 Jul 20251.92%0.48%0.02
    21 Apr 20251.94%0.50%0
    19 Mar 20251.95%0.50%0.01
    27 Feb 20251.96%0.51%0.08
    17 Jan 20251.92%0.43%0.05
    19 Nov 20241.93%0.48%0.01
    17 Sept 20241.93%0.49%0.01
    2 Sept 20241.93%0.48%0.01
    21 Aug 20241.94%0.49%–
    Direct plan, 4 Oct 2026
    0.61%
    Regular plan 2.04% · Exit load 1% within 1 month
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(4 Oct 2026)

    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/Entities benefitting directly or indirectly in Healthcare and allied sectors in India. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    Sectoral/Thematic Fund - An open ended equity scheme investing in healthcare and allied sectors
    Benchmark
    BSE Healthcare Index (TRI)

    Asset allocation it may hold% of NAV

    1. Related Securities of companies/Entities that are likely to benefit either directly or indirectly from Healthcare and allied sectors
      Allowed80–100%
    2. Other Equities and Equity Related Securities of companies/entities* in India/ Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund@
      Allowed20–100%

    Holds in Sept 2026.100.0% equity

    How to invest(4 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Most
    Any Amount
    Systematic
    SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
    Dates
    SIP - Except 29,30 and 31 all dates SWP - 1, 10, 15, 21 and 28 STP - Daily, Weekly only Wednesday, Fortnightly - alternate Wednesday, Monthly
    Minimum
    ₹500, then in multiples of ₹1
    Instalments
    5

    Selling and switching

    To redeem
    ₹1 or Any Units units
    Switch minimum
    ₹5,000
    Switch multiples
    ₹1
    Switch most
    Any Amount or Any Units units

    Scheme details(4 Oct 2026)

    What it is

    Category
    Sectoral Fund
    Offer
    11 Jun 2018 to 25 Jun 2018
    Started
    2 Jul 2018
    Reopened
    3 Jul 2018
    Plans
    Direct Plan Growth · Direct Plan IDCW - Payout · Direct PlanIDCW - Reinvestment · Regular PlanIDCW - Payout · Regular PlanIDCW - Reinvestment · Regular Plan Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    M/s. Deutsche Bank AG, Mumbai
    Auditor
    M/s. Chokshi & Chokshi, Chartered Accountants
    Registrar
    KFIN Technologies Limited
    SEBI code
    MIRA/O/E/SEC/18/05/0010