Mirae Asset Healthcare Fund
Mirae Asset Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a concentrated bet on pharma exporters and domestic formulation players, with Sun Pharma and Divi's anchoring nearly one-fifth of assets. The 76% pharmaceutical skew reflects conviction in margin recovery and currency tailwinds, while the modest healthcare services allocation (22%) provides defensive balance through hospital chains. The exit of Sagility and uptick in Max Healthcare suggest the manager is rotating toward capital-light, higher-margin healthcare delivery models over contract research exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹41.3580 | +8.28% | +9.83% | +6.50% | +12.91% | +25.47% | +14.61% |
| Direct IDCW | ₹28.1020 | — | — | — | — | — | — |
| Regular IDCW | ₹24.3470 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
33
Top 5 Weight
39.44%
Top 10 Weight
60.43%
Active Share
—
Large Cap
36.42%
Gini
0.452
What Changed2026-03-31 → 2026-04-30
Holdings: 36 → 35+0 added−1 removed23 weight shifts ≥ 0.1%
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 11.76% |
| 2 | Divi's Laboratories Ltd. INE361B01024 | 8.23% |
| 3 | Glenmark Pharmaceuticals Ltd. INE935A01035 | 7.12% |
| 4 | JB Chemicals & Pharmaceuticals Ltd. INE572A01036 | 6.39% |
| 5 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 5.93% |
| 6 | Lupin Ltd. INE326A01037 | 4.57% |
| 7 | Dr. Reddy's Laboratories Ltd. INE089A01031 | 4.44% |
| 8 | Aurobindo Pharma Ltd. INE406A01037 | 4.22% |
| 9 | Fortis Healthcare Ltd. INE061F01013 | 4.06% |
| 10 | Laurus Labs Ltd. INE947Q01028 | 3.70% |
| 11 | Alkem Laboratories Ltd. INE540L01014 | 3.51% |
| 12 | Krishna Institute of Medical Sciences Ltd. INE967H01025 | 3.28% |
| 13 | Aster DM Healthcare Ltd. INE914M01019 | 3.23% |
| 14 | Onesource Specialty Pharma Ltd. INE013P01021 | 3.22% |
| 15 | Cipla Ltd. INE059A01026 | 3.16% |
| 16 | Sai Life Sciences Ltd. INE570L01029 | 3.13% |
| 17 | IPCA Laboratories Ltd. INE571A01038 | 3.03% |
| 18 | Eris Lifesciences Ltd. INE406M01024 | 2.96% |
| 19 | Max Healthcare Institute Ltd. INE027H01010 | 2.43% |
| 20 | Dr. Lal Path labs Ltd. INE600L01024 | 1.99% |
Sector Allocation
Pharmaceuticals & Biotechnology76.1%
Healthcare Services22.2%
Chemicals & Petrochemicals1.6%
Top 10 sectors by % to NAV. Excludes derivatives.