MIRAE ASSET
HEALTHCARE FUND - (MAHCF)
(Sectoral/Thematic Fund - An open ended equity scheme investing in healthcare and allied sectors)
| Type of Scheme | Sectoral/Thematic Fund - An open ended equity scheme investing in 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. |
Fund Manager** |
Mr. Vrijesh Kasera (since July 02, 2018) |
| Allotment Date | 02nd July, 2018 |
| Benchmark Index | S&P BSE Healthcare Index (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹ 1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹ 1,000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure | Entry load: NA Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on October 31, 2022 |
1,730.44 |
| Net AUM (₹ Cr.) | 1,746.76 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on October 31, 2022 |
Regular Plan: 2.08% Direct Plan: 0.50% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 23.726 | ₹ 22.154 |
| IDCW^ | ₹ 19.987 | ₹ 18.540 |
| Volatility | 21.36% |
| Beta: | 0.93 |
| R Squared | 0.97 |
| Sharpe Ratio#: | 0.99 |
| Information Ratio | 1.41 |
| Portfolio Turnover Ratio | 0.22 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 31st October, 2022.^Basis last rolling 12 months. |
|
| Positions Increased |
| Stock |
| Pharmaceuticals & Biotechnology |
| Ajanta Pharma Limited |
| Biocon Limited |
| Divi's Laboratories Limited |
| Positions Decreased |
| Stock |
| Pharmaceuticals & Biotechnology |
| Dr. Reddy's Laboratories Limited |
| IPCA Laboratories Limited |
| Lupin Limited |
| Torrent Pharmaceuticals Limited |
| Healthcare Services |
| Dr. Lal Path Labs Limited |
| Syngene International Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
22-Mar-22 |
1.80 per Unit |
10 |
22.196 |
27-Oct-22 |
1.80 per Unit |
10 |
20.139 |
Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MAHCF - Regular Plan - IDCW Option
| Portfolio Holdings | % Allocation |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 18.14% |
| Cipla Ltd | 10.08% |
| Dr. Reddy's Laboratories Ltd | 6.96% |
| Torrent Pharmaceuticals Ltd | 5.96% |
| JB Chemicals & Pharmaceuticals Ltd | 4.98% |
| Aurobindo Pharma Ltd | 4.08% |
| Ajanta Pharma Ltd | 3.78% |
| IPCA Laboratories Ltd | 3.40% |
| Divi's Laboratories Ltd | 3.15% |
| Laurus Labs Ltd | 2.87% |
| Alkem Laboratories Ltd | 2.67% |
| Gland Pharma Ltd | 2.47% |
| Lupin Ltd | 1.99% |
| Biocon Ltd | 1.88% |
| Natco Pharma Ltd | 1.18% |
| Abbott India Ltd | 0.00% |
| Sanofi India Ltd | 0.00% |
| Healthcare Services | |
| Apollo Hospitals Enterprise Ltd | 7.30% |
| Krishna Institute Of Medical Sciences Ltd | 5.54% |
| Fortis Healthcare Ltd | 2.76% |
| Dr. Lal Path Labs Ltd | 0.43% |
| Syngene International Ltd | 0.11% |
| Insurance | |
| SBI Life Insurance Company Ltd | 1.60% |
| ICICI Lombard General Insurance Company Ltd | 1.43% |
| Max Financial Services Ltd | 1.22% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 2.12% |
| Tatva Chintan Pharma Chem Ltd | 2.01% |
| Healthcare Equipment & Supplies | |
| Tarsons Products Ltd | 1.60% |
| Equity Holding Total | 99.72% |
| Cash & Other Receivables Total | 0.28% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MAHCF | -2.38% |
27.72% |
20.14% |
|
| Scheme Benchmark* | -3.74% |
22.61% |
14.07% |
|
| Additional Benchmark** | 3.70% |
16.13% |
14.72% |
|
| NAV as on 31st October, 2022 | ₹ 22.154 | |||
| Index Value (31st October, 2022) | Index Value of Scheme benchmark is 27,243.91 and S&P BSE Sensex (TRI) is 91,769.40 |
|||
| Allotment Date | 02nd July, 2018 | |||
| Scheme Benchmark | *S&P BSE Healthcare Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Vrijesh Kasera managing the scheme since July 02, 2018
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 31-October-2022 |
SI |
510,000 |
784,444 |
3 Yr |
360,000 |
463,680 |
1 Yr |
120,000 |
121,059 |
Returns (%) |
Period |
||
SI |
3yr |
1yr |
|
Fund Return& (%) |
20.54 |
17.15 |
1.64 |
Benchmark Return& (%) |
15.59 |
14.02 |
2.10 |
Add. Benchmark Return& (%) |
17.55 |
20.11 |
12.64 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
This product is suitable for investors who are seeking*
• To generate long term capital appreciation
• Investments in equity and equity related securities of companies benefitting directly or indirectly in Healthcare and allied sector in India
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option