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Mirae Asset Healthcare Fund
(Sectoral Fund - An open ended equity scheme investing in healthcare and allied sectors)

Are you thinking Healthcare = Pharma, then think again!

Mirae Asset Healthcare Fund is an open ended equity scheme investing in healthcare and allied sectors. This theme focuses on investments in Pharma, healthcare and allied sectors.

Investment 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 benefitting directly or indirectly in Healthcare and allied sectors in India. The Scheme does not guarantee or assure any returns.

Asset Allocation

Type of Instruments Indicative Allocation (% of total assets) Risk Profile
Minimum Maximum
Indian Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from Healthcare and allied sectors$ 80% 100% High
Other equities and equity related securities of companies in India 0% 20% High
Money market instruments / debt securities, Instruments and/or units of debt / liquid schemes of domestic Mutual Funds 0% 20% Low to Medium

$ Equity and equity related instruments include convertible debentures, equity warrants, convertible preference shares, equity derivatives etc. The Indian equities & equity related securities of companies includes those securities listed on stock exchanges in India and includes ADRs & GDRs.
The scheme can invest up to 50% of Net Assets of Scheme into equity derivatives instruments for the purpose of trading, hedging and portfolio rebalancing. However the aggregate gross exposure to equity, derivatives, debt instruments and money market instruments will not exceed 100% of the new assets of the scheme.

Investment Strategy

  • Atleast 80% investments in Pharma, Healthcare and allied sectors
  • Fundamental, bottom-up approach that aims to identify growth companies with high return ratios (ROE) and sustainable competitive advantage
  • Flexibility to invest across market capitalization and style in selecting investment opportunities within this theme
  • Endeavour to maintain a concentrated portfolio of 30 – 40 stocks

Investment Universe

Product Label

Product Labelling MAHF

NFO conversation with Vrijesh Kasera, Fund Manager

Net Asset Value(NAV):

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Fund Information
Fund Manager Mr. Vrijesh Kasera
Benchmark Index S&P BSE Healthcare Index (TRI)
Minimum Investment Amount Rs. 5,000/- (multiples of Rs. 1/- thereafter)
Systematic Investment Plan (SIP) Monthly/ Quarterly of Rs.1000/- (in multiples of Re.1/- thereafter)
Minimum 5 installments.
Plans Available Regular Plan and Direct Plan
Options Available Growth Option and Dividend Option (Payout & Re-investment)
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