📊 Equity Fund · Deep Analysis

DSP Healthcare Fund

DSP Mutual Fund · Direct Growth · SEBI Category: Equity

Current NAV ₹46.1020 (+1.16% today) As of 04 Jun 2026
1 Year Return +8.8%
3 Year CAGR +22.9% p.a.
5 Year CAGR +15.4% p.a.
AAUM ₹3.0K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 1,826 daily NAV records
Fund Overview

DSP Healthcare Fund — Quick Summary

DSP Healthcare Fund invests in a comprehensive range of healthcare sector companies — pharmaceutical manufacturers, API suppliers, contract research and manufacturing organisations (CROs/CMOs), hospitals, diagnostic chains and medical device makers. DSP MF's systematic research framework is applied to healthcare sector investing — evaluating companies on the quality of their regulatory track record, management credibility, revenue diversification and long-term competitive position.

The fund benefits from DSP MF's disciplined investment process — companies are evaluated systematically on both financial quality and regulatory quality. This is particularly important in the pharma sector where regulatory compliance history is as important as financial metrics. The fund's Nifty Healthcare benchmark — broader than the Nifty Pharma index — reflects its comprehensive healthcare mandate.

Fund House
DSP Mutual Fund
SEBI Category
Equity
Benchmark
Nifty Healthcare TRI
Fund Manager
Chirag Dagli
AMFI Code
145454
Risk Level
Very High
NAV Records in DB
1,826 days
Quarterly Average AUM · Jan–Mar 2026
₹3.0K Cr
↓ Decreased by 4.8% vs Oct–Dec 2025 · ₹3.1K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Investors wanting systematic, research-backed healthcare sector exposure. Those who value regulatory quality assessment alongside financial metrics in pharma investing. Long-term investors with 7+ year horizon comfortable with healthcare sector volatility.
Systematic research process evaluating both financial and regulatory quality. DSP MF's disciplined investment framework applied to healthcare sector. Comprehensive healthcare coverage — pharma, APIs, CROs, hospitals and diagnostics. Nifty Healthcare benchmark reflects broader sector mandate.
✗ Not Suitable For
Conservative investors unable to handle healthcare sector drawdowns. Those seeking pure pharma-only exposure. Investors with short investment horizons.
Who Runs This Fund

Fund Manager

CD
Chirag Dagli
DSP Mutual Fund · Managing since November 2018

Chirag Dagli is Fund Manager at DSP Mutual Fund and manages DSP Healthcare Fund. He brings deep analytical expertise in the pharmaceutical and healthcare sector — covering the full value chain from API manufacturers through formulation companies, contract research organisations (CROs), hospitals, diagnostics and medical devices. His research-driven approach identifies opportunities across the healthcare ecosystem based on business quality and valuation.

For current co-manager details and full biography, refer to the latest DSP Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 145454
The official AMFI scheme code for DSP Healthcare Fund Direct Growth is 145454. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
DSP Healthcare Fund is a mid-sized healthcare fund compared to Nippon India Pharma Fund. Smaller AUM is not necessarily a disadvantage in healthcare — it allows the fund to take meaningful positions in smaller, high-growth healthcare companies that very large healthcare funds cannot access without moving prices.
Investment Objective
As per Scheme Information Document
To seek long term capital appreciation by investing in equity and equity related instruments of companies in the healthcare sector.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Healthcare & Pharma Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Nippon India Pharma Fund ₹596.02 ₹7.9K Cr Jan–Mar 2026 +5.9% +22.5% p.a. +13.4% p.a. 1.37
SBI Healthcare Opportunities Fund ₹532.86 ₹3.8K Cr Jan–Mar 2026 +10.5% +25.5% p.a. +16.2% p.a. 1.61
DSP Healthcare Fund ▲ ₹46.10 ₹3.0K Cr Jan–Mar 2026 +8.8% +22.9% p.a. +15.4% p.a. 1.62
Mirae Asset Healthcare Fund ₹47.02 ₹2.7K Cr Jan–Mar 2026 +13.9% +25.8% p.a. +15.6% p.a. 1.45
HDFC Pharma and Healthcare Fund ₹20.01 ₹1.9K Cr Jan–Mar 2026 +19.9%
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 1,826 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
+4.2%
3 MonthPoint-to-point
+7.5%
6 MonthPoint-to-point
+3.1%
1 YearPoint-to-point
+8.8%
3 YearCAGR
+22.9% p.a.
5 YearCAGR
+15.4% p.a.
₹1 Lakh → 5YLump sum growth
₹208,616

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+95.7%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-13.3%
Sep 2021 – Sep 2022
Best 3Y CAGRCAGR p.a.
+36.0% p.a.
Dec 2018 – Jan 2022
Worst 3Y CAGRCAGR p.a.
+14.2% p.a.
Oct 2020 – Nov 2023

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
-4.6%
2024
+42.6%
2023
+36.8%
2022
-6.5%
2021
+25.1%
2020
+80.0%
2019
+9.6%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
28.7%
Positive in 79% of windows
Best: 95.7% · Worst: -13.3%
3Y Rolling Avg
24.2% p.a.
Positive in 100% of windows
Best: 36.0% · Worst: 14.2%
5Y Rolling Avg
26.5% p.a.
Positive in 100% of windows
Best: 35.8% · Worst: 14.5%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-21.7%
Feb 2020 → Mar 2020
Recovered: Apr 2020 (1 mo)
Current from Peak
-1.6%
All-time Peak: ₹45.95
Peak date: Jan 2025

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-16.1%
Sep 27, 2024 – Apr 7, 2025
Recovered: not yet
COVID-19 Crash
-21.7%
Feb 19 – Mar 23, 2020
Recovered: Apr 2020 (1 mo)
2022 Rate Hike Cycle
-17.9%
Jan 17 – Jun 17, 2022
Recovered: Jun 2023 (1yr 5mo)
2018 IL&FS Crisis
Pre-inception
Aug 28 – Oct 26, 2018
Recovered: N/A
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
1.62
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
2.37
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.6%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what DSP Healthcare Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Equity Funds

See how DSP Healthcare Fund ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
Free Newsletter

Stay Updated on Mutual Funds

New fund analysis, articles and market insights — no spam, no selling. Unsubscribe anytime.

Found this useful? Share it

WhatsApp LinkedIn X / Twitter
Help Us Improve

Your Feedback

Found an error? Have a suggestion? We read every response.

How helpful was this page?
Type of Feedback
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.