Invesco India Pharma and Healthcare Fund vs Mirae Asset Healthcare Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Pharma and Healthcare Fund is a Sectoral fund and Mirae Asset Healthcare Fund is a Thematic fund. Invesco India Pharma and Healthcare Fund charges 3.30% a year and Mirae Asset Healthcare Fund 0.62% (Direct plans). Their portfolios overlap 43.1%: they hold 9 of the same securities.
Invesco India Pharma and Healthcare Fund
Sectoral
- Expense ratio
- 3.30%
- NAV
- ₹9.66
Which is better, Invesco India Pharma and Healthcare or Mirae Asset Healthcare? 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 Healthcare costs less: 0.62% a year against 3.30% (Direct plans).
- Mirae Asset Healthcare fell less in its worst fall since 10-09-2026: −9.1% against −11.4%.
- Mirae Asset Healthcare is the larger fund: ₹3,494 Cr against ₹436 Cr.
- Their portfolios overlap 43.1%: 9 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 | Invesco India Pharma and Healthcare Fund | Mirae Asset Healthcare Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | Mirae Asset Mutual Fund |
| Category | Sectoral | Thematic |
| AUM | ₹436 Cr (30-09-2026) | ₹3,494 Cr (30-09-2026) |
| NAV | ₹9.66 (Direct) | ₹51.66 (Direct) |
| Expense ratio (Direct) | 3.30% | 0.62% |
| Expense ratio (Regular) | 5.19% | 2.05% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Healthcare TRI | BSE Healthcare TRI |
| Launch date | 01-09-2026 | 02-07-2018 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | None | None |
| Fund managers | Aditya Khemani | Vrijesh Kasera, Tanmay Mehta |
| Exit load | Exit load of 0.50%, if redeemed within 3 months. | If redeemed within 1 month (30 days) from the date of allotment: 1% If redeemed after 1 month (30 days) from the date of allotment: NIL |
Invesco India Pharma and Healthcare vs Mirae Asset Healthcare: 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 |
|---|---|---|---|---|---|---|---|
| Invesco India Pharma and Healthcare Fund (Direct) | +0.73% | -- | -- | -- | -- | -- | -- |
| Mirae Asset Healthcare Fund (Direct) | +1.18% | +0.66% | +14.13% | +18.44% | +23.86% | +16.63% | -- |
| Sectoral average | −1.70% | -- | -- | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 20 Sectoral funds and the 235 Thematic funds, same plan type.
Invesco India Pharma and Healthcare vs Mirae Asset Healthcare: Year-wise Returns
| Year | Invesco India Pharma andInvesco India Pharma and Healthcare | Mirae AssetMirae Asset Healthcare | BSE Healthcare TRI |
|---|---|---|---|
| 2026to date | -- | +20.52% | +15.08% |
| 2025 | -- | −1.99% | −2.72% |
| 2024 | -- | +41.20% | +44.30% |
| 2023 | -- | +36.06% | +37.97% |
| 2022 | -- | −10.47% | −11.50% |
| 2021 | -- | +28.58% | +21.54% |
Invesco India Pharma and Healthcare vs Mirae Asset Healthcare: Rolling Returns
Every holding period of both funds, against BSE Healthcare TRI, the benchmark of both
Invesco India Pharma and Healthcare vs Mirae Asset Healthcare: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Pharma and Healthcare Fund (Direct) | Mirae Asset Healthcare Fund (Direct) |
|---|---|---|
| Return (CAGR) | −23.45% | +21.71% |
| Standard deviation | 18.70% | 15.56% |
| Sharpe ratio | -1.54 | 1.06 |
| Sortino ratio | -2.20 | 1.54 |
| Maximum drawdown | −11.4% (23-10-2026) | −20.0% (23-03-2020) |
| Beta | 1.00 | 0.92 |
| Alpha | −8.00% | +5.56% |
From daily NAVs, 10-09-2026 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.
Invesco India Pharma and Healthcare Fund (Direct)
Mirae Asset Healthcare Fund (Direct)
BSE Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Pharma and Healthcare Fund (Direct) | −11.4% | 23-09-2026 | 23-10-2026 | Not yet | -- | −4.4% |
| Mirae Asset Healthcare Fund (Direct) | −9.1% | 23-09-2026 | 23-10-2026 | Not yet | -- | −2.8% |
| BSE Healthcare TRI | −9.9% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
From daily values since 10-09-2026, the first day every fund has.
Invesco India Pharma and Healthcare vs Mirae Asset Healthcare: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Pharma and Healthcare Fund, September 2026; Mirae Asset Healthcare Fund, September 2026
Holdings in common
- Overlap
- 43.1%
- Held by both
- 9
- Only in Invesco India Pharma and Healthcare
- 4
- Only in Mirae Asset Healthcare
- 21
| Security | % of Invesco India Pharma and Healthcare | % of Mirae Asset Healthcare |
|---|---|---|
| Sun Pharmaceutical Industries Limited | 8.99% | 10.15% |
| Divi's Laboratories Limited | 7.85% | 9.79% |
| Apollo Hospitals Enterprise Limited | 8.03% | 5.62% |
| Torrent Pharmaceuticals Limited | 4.93% | 6.80% |
| Glenmark Pharmaceuticals Limited | 4.86% | 4.78% |
| Krishna Institute Of Medical Sciences Limited | 4.72% | 3.39% |
| Sai Life Sciences Limited | 8.63% | 3.23% |
| Max Healthcare Institute Limited | 9.58% | 2.35% |
| Aster DM Quality Care Limited | 1.99% | 3.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 43.1% means 43.1% 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 Invesco India Pharma and Healthcare Fund
| Security | % of fund |
|---|---|
| Manipal Health Enterprises Ltd | 7.98% |
| Global Health Limited | 7.00% |
| Dr Agarwals Health Care Limited | 6.32% |
| Corona Remedies Limited | 6.13% |
Largest holdings only in Mirae Asset Healthcare Fund
| Security | % of fund |
|---|---|
| Laurus Labs Ltd. | 5.51% |
| Dr. Reddy's Laboratories Ltd. | 4.84% |
| Aurobindo Pharma Ltd. | 3.78% |
| Alkem Laboratories Ltd. | 3.76% |
| IPCA Laboratories Ltd. | 3.39% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Pharma and Healthcare | Mirae Asset Healthcare |
|---|---|---|
| Equity | 87.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 13.0% | 0.0% |
Market cap of stocks
| Market cap | Invesco India Pharma and Healthcare | Mirae Asset Healthcare |
|---|---|---|
| Large Cap | 29.8% | 35.0% |
| Mid Cap | 16.4% | 42.1% |
| Small Cap | 32.8% | 19.5% |
| Not on AMFI's list | 8.0% | 3.4% |
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 | Invesco India Pharma and Healthcare | Mirae Asset Healthcare |
|---|---|---|
| Pharmaceuticals & Biotechnology | 41.4% | 75.8% |
| Healthcare Services | 45.6% | 20.5% |
| Chemicals & Petrochemicals | 0.0% | 1.9% |
| Healthcare Equipment & Supplies | 0.0% | 1.8% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Pharma and Healthcare vs Mirae Asset Healthcare: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Pharma and Healthcare Fund | Mirae Asset Healthcare Fund |
|---|---|---|
| Total expense ratio (Direct) | 3.30% | 0.62% |
| Base expense ratio (Direct) | 0.50% | 0.45% |
| Total expense ratio (Regular) | 5.19% | 2.05% |
| Base expense ratio (Regular) | 2.10% | 1.66% |
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.
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Invesco India Pharma and Healthcare Fund vs Mirae Asset Healthcare Fund: Frequently Asked Questions
What is the difference between Invesco India Pharma and Healthcare Fund and Mirae Asset Healthcare Fund?
Invesco India Pharma and Healthcare Fund is a Sectoral fund, Mirae Asset Healthcare Fund is a Thematic fund, run by Invesco Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 43.1%. Invesco India Pharma and Healthcare Fund charges 3.30% a year and Mirae Asset Healthcare Fund 0.62%.
Which has the lower expense ratio, Invesco India Pharma and Healthcare Fund or Mirae Asset Healthcare Fund?
Mirae Asset Healthcare Fund charges less: 0.62% a year against 3.30%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Pharma and Healthcare Fund and Mirae Asset Healthcare Fund overlap?
43.1%. They hold 9 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, APOLLOHOSP. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Pharma and Healthcare Fund or Mirae Asset Healthcare Fund?
On SEBI's riskometer, Invesco India Pharma and Healthcare Fund is rated Very High and Mirae Asset Healthcare Fund Very High. Over their common history, the standard deviation of daily returns was 18.70% and 15.56% a year.
Can I invest in both Invesco India Pharma and Healthcare Fund and Mirae Asset Healthcare Fund?
Yes. 43.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Invesco India Pharma and Healthcare Fund and Mirae Asset Healthcare Fund?
Invesco India Pharma and Healthcare Fund: Aditya Khemani. Mirae Asset Healthcare Fund: Vrijesh Kasera, Tanmay Mehta.
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.