Mirae Asset Mutual Fund has announced a significant revision in the exit load structure for four of its schemes, with the changes taking effect from July 9, 2026. According to the fund house announcement, the revision applies to specific schemes where exit loads have been reduced from the existing structure to a 1% exit load for redemption within 1 month. This revision positions the Mirae Asset Healthcare Fund as one of the top performing healthcare sector funds with a 5-year CAGR of 14.09% and ₹3,090.5 crore AUM.
The revision affects four specific schemes within the Mirae Asset portfolio. As reported by the fund house, the changes apply to the Mirae Asset Banking and Financial Services Fund, Mirae Asset Great Consumer Fund, Mirae Asset Healthcare Fund, and Mirae Asset Infrastructure Fund. All these schemes previously had exit loads ranging from 1% for redemption within 365 days to 1% for units in excess of 15% of the investment. The Mirae Asset Healthcare Fund specifically manages ₹3,090.5 crore in assets with an expense ratio of 1.94%.
The existing exit load structure for the Mirae Asset Banking and Financial Services Fund was 1% for redemption within 365 days. Similarly, the Mirae Asset Great Consumer Fund, Mirae Asset Healthcare Fund, and Mirae Asset Infrastructure Fund all had exit loads of 1% for units in excess of 15% of the investment for redemption within 365 days. Under the revised structure, all these schemes will now have a 1% exit load for redemption within 1 month. The Mirae Asset Healthcare Fund maintains its position as a leading healthcare sector fund with strong performance metrics including a 5-year CAGR of 14.09% and NAV of ₹44.16.
The revised exit load structure will be implemented across all affected schemes from July 9, 2026, as announced by Mirae Asset Mutual Fund. This change represents a significant reduction in the redemption penalty structure for these specific schemes, moving from longer holding periods to a uniform 1-month exit load across all applicable units. The Mirae Asset Healthcare Fund continues to demonstrate strong market performance with a 52-week high of ₹44.43 and low of ₹36.01, reflecting its position as a top-tier healthcare sector investment option.
