Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Nifty 500 Healthcare ETF is an ETF fund and SBI Healthcare Opportunities Fund is a Thematic fund. Mirae Asset Nifty 500 Healthcare ETF charges 0.35% a year and SBI Healthcare Opportunities Fund 1.01%. Their portfolios overlap 62.5%: they hold 26 of the same securities.
Mirae Asset Nifty 500 Healthcare ETF
ETF
- Expense ratio
- 0.35%
- NAV
- ₹21.44
SBI Healthcare Opportunities Fund
Thematic
- Expense ratio
- 1.01%
- NAV
- ₹588.16
Which is better, Mirae Asset Nifty 500 Healthcare ETF or SBI Healthcare Opportunities? 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 1.01%.
- Mirae Asset Nifty 500 Healthcare ETF fell less in its worst fall since 11-02-2026: −9.6% against −10.3%.
- SBI Healthcare Opportunities is the larger fund: ₹5,870 Cr against ₹15 Cr.
- Their portfolios overlap 62.5%: 26 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 | Mirae Asset Nifty 500 Healthcare ETF | SBI Healthcare Opportunities Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | SBI Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹15 Cr (30-09-2026) | ₹5,870 Cr (30-09-2026) |
| NAV | ₹21.44 | ₹588.16 (Direct) |
| Expense ratio (Direct) | Not available | 1.01% |
| Expense ratio (Regular) | Not available | 1.99% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty500 Healthcare TRI | Not available |
| Launch date | Not available | Not available |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units | Not available |
| Lock in | None | Not available |
| Fund managers | Ekta Gala, amp, Ritesh Patel | Not available |
| Exit load | NIL | Not available |
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities: 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 500 Healthcare ETF | +1.43% | −0.66% | +12.95% | -- | -- | -- | -- |
| SBI Healthcare Opportunities Fund (Direct) | +0.31% | −0.59% | +16.00% | +17.12% | +24.60% | +19.22% | +14.72% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities: Year-wise Returns
| Year | Mirae Asset Nifty 500 Healthcare ETFMirae Asset Nifty 500 Healthcare ETF | SBI Healthcare OpportunitiesSBI Healthcare Opportunities |
|---|---|---|
| 2026to date | -- | +21.31% |
| 2025 | -- | −2.50% |
| 2024 | -- | +43.75% |
| 2023 | -- | +39.72% |
| 2022 | -- | −5.01% |
| 2021 | -- | +21.48% |
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities: Rolling Returns
Every holding period of both funds, against Nifty500 Healthcare TRI, the benchmark of Mirae Asset Nifty 500 Healthcare ETF
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Nifty 500 Healthcare ETF | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +23.46% | +17.93% |
| Standard deviation | 14.16% | 15.96% |
| Sharpe ratio | 1.29 | 0.74 |
| Sortino ratio | 1.90 | 1.05 |
| Maximum drawdown | −9.6% (23-10-2026) | −30.5% (23-03-2020) |
| Beta | 1.00 | 0.91 |
| Alpha | −0.22% | +3.97% |
From daily NAVs, 11-02-2026 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.
Mirae Asset Nifty 500 Healthcare ETF
SBI Healthcare Opportunities Fund (Direct)
Nifty500 Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty 500 Healthcare ETF | −9.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.0% |
| SBI Healthcare Opportunities Fund (Direct) | −10.3% | 21-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
| Nifty500 Healthcare TRI | −9.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −2.9% |
From daily values since 11-02-2026, the first day every fund has.
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty 500 Healthcare ETF, September 2026; SBI Healthcare Opportunities Fund, September 2026
Holdings in common
- Overlap
- 62.5%
- Held by both
- 26
- Only in Mirae Asset Nifty 500 Healthcare ETF
- 18
- Only in SBI Healthcare Opportunities
- 10
| Security | % of Mirae Asset Nifty 500 Healthcare ETF | % of SBI Healthcare Opportunities |
|---|---|---|
| Sun Pharmaceutical Industries Ltd. | 10.13% | 11.14% |
| Divi's Laboratories Ltd. | 8.76% | 7.91% |
| Apollo Hospitals Enterprise Ltd. | 6.24% | 4.45% |
| Torrent Pharmaceuticals Ltd. | 5.24% | 4.42% |
| Cipla Ltd. | 5.62% | 4.40% |
| Laurus Labs Ltd. | 5.72% | 4.05% |
| Max Healthcare Institute Ltd. | 5.13% | 3.80% |
| Aurobindo Pharma Ltd. | 3.43% | 3.42% |
| Fortis Healthcare Ltd. | 2.98% | 2.36% |
| Biocon Ltd. | 1.91% | 2.37% |
| Gland Pharma Ltd. | 1.71% | 2.96% |
| Mankind Pharma Ltd. | 2.10% | 1.71% |
| Sai Life Sciences Ltd. | 1.56% | 2.60% |
| Krishna Institute of Medical Sciences Ltd. | 1.48% | 1.69% |
| Aster DM Quality Care Ltd. | 1.38% | 3.21% |
| Acutaas Chemicals Ltd. | 1.26% | 5.03% |
| Ajanta Pharma Ltd. | 1.22% | 1.79% |
| Dr. Lal Path labs Ltd. | 1.15% | 1.62% |
| Global Health Ltd. | 0.90% | 1.74% |
| Anthem Biosciences Ltd. | 0.69% | 2.75% |
| Cohance Lifesciences Ltd. | 0.54% | 1.66% |
| Syngene International Ltd. | 0.51% | 1.12% |
| Rainbow Children's Medicare Ltd. | 0.49% | 0.67% |
| Polymedicure Ltd. | 0.47% | 1.82% |
| Concord Biotech Ltd. | 0.34% | 2.25% |
| Abbott India Ltd. | 1.04% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 62.5% means 62.5% 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 Mirae Asset Nifty 500 Healthcare ETF
| Security | % of fund |
|---|---|
| Dr. Reddy's Laboratories Ltd. | 5.58% |
| Lupin Ltd. | 3.66% |
| Glenmark Pharmaceuticals Ltd. | 2.61% |
| Alkem Laboratories Ltd. | 2.31% |
| Zydus Lifesciences Ltd. | 2.14% |
Largest holdings only in SBI Healthcare Opportunities Fund
| Security | % of fund |
|---|---|
| Sudeep Pharma Ltd. | 2.79% |
| Corona Remedies Ltd. | 2.43% |
| Aether Industries Ltd. | 2.17% |
| Jupiter Life Line Hospitals Ltd. | 2.16% |
| Healthcare Global Enterprises Ltd. | 1.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Nifty 500 Healthcare ETF | SBI Healthcare Opportunities |
|---|---|---|
| Equity | 100.0% | 95.5% |
| Debt | 0.0% | 0.1% |
| Cash and others | 0.0% | 4.4% |
Market cap of stocks
| Market cap | Mirae Asset Nifty 500 Healthcare ETF | SBI Healthcare Opportunities |
|---|---|---|
| Large Cap | 36.0% | 32.3% |
| Mid Cap | 45.6% | 25.7% |
| Small Cap | 18.3% | 35.4% |
| Not on AMFI's list | 0.0% | 2.2% |
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 | Mirae Asset Nifty 500 Healthcare ETF | SBI Healthcare Opportunities |
|---|---|---|
| Pharmaceuticals & Biotechnology | 77.8% | 63.1% |
| Healthcare Services | 21.7% | 25.6% |
| Chemicals & Petrochemicals | 0.0% | 5.0% |
| Healthcare Equipment & Supplies | 0.5% | 1.8% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Nifty 500 Healthcare ETF | SBI Healthcare Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.01% |
| Base expense ratio (Direct) | 0.00% | 0.74% |
| Total expense ratio (Regular) | Not available | 1.99% |
| Base expense ratio (Regular) | 0.16% | 1.58% |
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
Mirae Asset Nifty 500 Healthcare ETF vs SBI Healthcare Opportunities Fund: Frequently Asked Questions
What is the difference between Mirae Asset Nifty 500 Healthcare ETF and SBI Healthcare Opportunities Fund?
Mirae Asset Nifty 500 Healthcare ETF is an ETF fund, SBI Healthcare Opportunities Fund is a Thematic fund, run by Mirae Asset Mutual Fund and SBI Mutual Fund. Their portfolios overlap 62.5%. Mirae Asset Nifty 500 Healthcare ETF charges 0.35% a year and SBI Healthcare Opportunities Fund 1.01%.
Which has the lower expense ratio, Mirae Asset Nifty 500 Healthcare ETF or SBI Healthcare Opportunities Fund?
Mirae Asset Nifty 500 Healthcare ETF charges less: 0.35% a year against 1.01%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty 500 Healthcare ETF and SBI Healthcare Opportunities Fund overlap?
62.5%. They hold 26 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, APOLLOHOSP. From each fund's latest monthly portfolio.
Can I invest in both Mirae Asset Nifty 500 Healthcare ETF and SBI Healthcare Opportunities Fund?
Yes. 62.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.