Bandhan Healthcare Fund vs Mirae Asset Nifty 500 Healthcare ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Bandhan Healthcare Fund is a Sectoral fund and Mirae Asset Nifty 500 Healthcare ETF is an ETF fund. Bandhan Healthcare Fund charges 1.25% a year and Mirae Asset Nifty 500 Healthcare ETF 0.35%. Their portfolios overlap 59.2%: they hold 21 of the same securities.
Mirae Asset Nifty 500 Healthcare ETF
ETF
- Expense ratio
- 0.35%
- NAV
- ₹21.44
Which is better, Bandhan Healthcare or Mirae Asset Nifty 500 Healthcare ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty 500 Healthcare ETF costs less: 0.35% a year against 1.25%.
- Mirae Asset Nifty 500 Healthcare ETF fell less in its worst fall since 11-02-2026: −9.6% against −10.1%.
- Bandhan Healthcare is the larger fund: ₹332 Cr against ₹15 Cr.
- Their portfolios overlap 59.2%: 21 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bandhan Healthcare Fund | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Mirae Asset Mutual Fund |
| Category | Sectoral | ETF |
| AUM | ₹332 Cr (31-08-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹10.99 (Direct) | ₹21.44 |
| Expense ratio (Direct) | 1.25% | Not available |
| Expense ratio (Regular) | 2.78% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Healthcare TRI | Nifty500 Healthcare TRI |
| Launch date | 28-11-2025 | Not available |
| Minimum investment | ₹1,000 | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Viraj Kulkarni, Brijesh Shah, Ritika Behera, Gaurav Satra | Ekta Gala, amp, Ritesh Patel |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | NIL |
Bandhan Healthcare vs Mirae Asset Nifty 500 Healthcare ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bandhan Healthcare Fund (Direct) | −1.17% | −1.35% | +11.81% | -- | -- | -- | -- |
| Mirae Asset Nifty 500 Healthcare ETF | +1.43% | −0.66% | +12.95% | -- | -- | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | -- | -- | -- | -- |
Category average: the average of the 20 Sectoral funds, same plan type.
Bandhan Healthcare vs Mirae Asset Nifty 500 Healthcare ETF: Year-wise Returns
| Year | Bandhan HealthcareBandhan Healthcare | Mirae Asset Nifty 500 Healthcare ETFMirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| 2026to date | +12.12% | -- |
Bandhan Healthcare vs Mirae Asset Nifty 500 Healthcare ETF: Rolling Returns
Every holding period of both funds, against BSE Healthcare TRI, the benchmark of Bandhan Healthcare Fund
Bandhan Healthcare vs Mirae Asset Nifty 500 Healthcare ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Healthcare Fund (Direct) | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Return (CAGR) | +11.45% | +23.46% |
| Standard deviation | 12.98% | 14.16% |
| Sharpe ratio | 0.48 | 1.29 |
| Sortino ratio | 0.69 | 1.90 |
| Maximum drawdown | −10.1% (23-10-2026) | −9.6% (23-10-2026) |
| Beta | 0.90 | 1.00 |
| Alpha | −2.11% | −0.22% |
From daily NAVs, 02-12-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bandhan Healthcare Fund (Direct)
Mirae Asset Nifty 500 Healthcare ETF
BSE Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Healthcare Fund (Direct) | −10.1% | 31-08-2026 | 23-10-2026 | Not yet | -- | −5.1% |
| Mirae Asset Nifty 500 Healthcare ETF | −9.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.0% |
| BSE Healthcare TRI | −9.9% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
From daily values since 11-02-2026, the first day every fund has.
Bandhan Healthcare vs Mirae Asset Nifty 500 Healthcare ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Healthcare Fund, August 2026; Mirae Asset Nifty 500 Healthcare ETF, September 2026
Holdings in common
- Overlap
- 59.2%
- Held by both
- 21
- Only in Bandhan Healthcare
- 14
- Only in Mirae Asset Nifty 500 Healthcare ETF
- 23
| Security | % of Bandhan Healthcare | % of Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Sun Pharmaceutical Industries Limited | 10.48% | 10.13% |
| Apollo Hospitals Enterprise Limited | 5.64% | 6.24% |
| Cipla Limited | 6.38% | 5.62% |
| Max Healthcare Institute Limited | 5.81% | 5.13% |
| Divi's Laboratories Limited | 4.28% | 8.76% |
| Lupin Limited | 3.96% | 3.66% |
| Dr. Reddy's Laboratories Limited | 3.48% | 5.58% |
| Aurobindo Pharma Limited | 4.14% | 3.43% |
| Torrent Pharmaceuticals Limited | 3.36% | 5.24% |
| Glenmark Pharmaceuticals Limited | 2.24% | 2.61% |
| Zydus Lifesciences Limited | 2.78% | 2.14% |
| Gland Pharma Limited | 3.05% | 1.71% |
| IPCA Laboratories Limited | 1.49% | 1.98% |
| Ajanta Pharma Limited | 1.74% | 1.22% |
| Sai Life Sciences Limited | 1.10% | 1.56% |
| Narayana Hrudayalaya Limited | 2.59% | 0.92% |
| Global Health Limited | 2.45% | 0.90% |
| Dr. Lal Path Labs Limited | 0.88% | 1.15% |
| GlaxoSmithKline Pharmaceuticals Limited | 3.68% | 0.85% |
| Syngene International Limited | 2.42% | 0.51% |
| Rainbow Childrens Medicare Limited | 2.13% | 0.49% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 59.2% means 59.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bandhan Healthcare Fund
| Security | % of fund |
|---|---|
| Shilpa Medicare Limited | 3.72% |
| Eris Lifesciences Limited | 2.35% |
| Pfizer Limited | 1.84% |
| Healthcare Global Enterprises Limited | 1.66% |
| Sanofi India Limited | 1.51% |
Largest holdings only in Mirae Asset Nifty 500 Healthcare ETF
| Security | % of fund |
|---|---|
| Laurus Labs Ltd. | 5.72% |
| Fortis Healthcare Ltd. | 2.98% |
| Alkem Laboratories Ltd. | 2.31% |
| Mankind Pharma Ltd. | 2.10% |
| Biocon Ltd. | 1.91% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Healthcare | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Equity | 96.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.0% | 0.0% |
Market cap of stocks
| Market cap | Bandhan Healthcare | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Large Cap | 30.1% | 36.0% |
| Mid Cap | 31.9% | 45.6% |
| Small Cap | 33.9% | 18.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bandhan Healthcare | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 70.0% | 77.8% |
| Healthcare Services | 25.0% | 21.7% |
| Insurance | 0.9% | 0.0% |
| Healthcare Equipment & Supplies | 0.0% | 0.5% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Healthcare vs Mirae Asset Nifty 500 Healthcare ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Healthcare Fund | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.25% | Not available |
| Base expense ratio (Direct) | 0.78% | 0.00% |
| Total expense ratio (Regular) | 2.78% | Not available |
| Base expense ratio (Regular) | 2.10% | 0.16% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Bandhan Healthcare Fund vs Mirae Asset Nifty 500 Healthcare ETF: Frequently Asked Questions
What is the difference between Bandhan Healthcare Fund and Mirae Asset Nifty 500 Healthcare ETF?
Bandhan Healthcare Fund is a Sectoral fund, Mirae Asset Nifty 500 Healthcare ETF is an ETF fund, run by Bandhan Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 59.2%. Bandhan Healthcare Fund charges 1.25% a year and Mirae Asset Nifty 500 Healthcare ETF 0.35%.
Which has the lower expense ratio, Bandhan Healthcare Fund or Mirae Asset Nifty 500 Healthcare ETF?
Mirae Asset Nifty 500 Healthcare ETF charges less: 0.35% a year against 1.25%. These are the total expense ratios reported to AMFI.
How much do Bandhan Healthcare Fund and Mirae Asset Nifty 500 Healthcare ETF overlap?
59.2%. They hold 21 of the same securities, the largest shared ones being SUNPHARMA, APOLLOHOSP, CIPLA. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Healthcare Fund or Mirae Asset Nifty 500 Healthcare ETF?
On SEBI's riskometer, Bandhan Healthcare Fund is rated Very High and Mirae Asset Nifty 500 Healthcare ETF Very High. Over their common history, the standard deviation of daily returns was 12.98% and 14.16% a year.
Can I invest in both Bandhan Healthcare Fund and Mirae Asset Nifty 500 Healthcare ETF?
Yes. 59.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Healthcare Fund and Mirae Asset Nifty 500 Healthcare ETF?
Bandhan Healthcare Fund: Viraj Kulkarni, Brijesh Shah, Ritika Behera, Gaurav Satra. Mirae Asset Nifty 500 Healthcare ETF: Ekta Gala, amp, Ritesh Patel.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.