Mirae Asset Healthcare Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹42.2640 | +8.82% | +14.62% | +26.46% | +15.11% |
| Direct IDCW | ₹28.7190 | — | — | — | — |
| Regular IDCW | ₹24.8800 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Mirae Asset Healthcare Fund hold?
Mirae Asset Healthcare Fund holds 33 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 39.44% of NAV.
What is the largest holding in Mirae Asset Healthcare Fund?
The largest position in Mirae Asset Healthcare Fund is Sun Pharmaceutical Industries Ltd., accounting for 11.76% of NAV in the Pharmaceuticals & Biotechnology sector.
Is Mirae Asset Healthcare Fund a concentrated or diversified fund?
With a Gini coefficient of 0.452, Mirae Asset Healthcare Fund is moderately concentrated. The HHI concentration index is 52,505 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 39.44% of the portfolio.
What is the market cap allocation of Mirae Asset Healthcare Fund?
Based on SEBI's AMFI classification, Mirae Asset Healthcare Fund's equity portfolio is split as: Large Cap: 36.42%, Mid Cap: 35.71%, Small Cap: 27.83%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Mirae Asset Healthcare Fund invest in most?
Mirae Asset Healthcare Fund has the highest allocation to Pharmaceuticals & Biotechnology (76.12%), Healthcare Services (22.23%), Chemicals & Petrochemicals (1.60%). The fund is invested across 4 sectors in total.
How actively managed is Mirae Asset Healthcare Fund compared to other Sectoral / Thematic funds?
Mirae Asset Healthcare Fund has an Active Share of 90.51%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Mirae Asset Healthcare Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Mirae Asset Healthcare Fund exited 1 stock (including Sagility Ltd.). Total holding count decreased from 36 to 35 stocks.