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Best Performing Pharma Mutual Funds .
Sunday October 6, 2019 at 7:30 am
Due to India’s high population, the demand for medicines has always remained high. Investing in Pharma Mutual funds means investing in different pharmaceutical companies that are earning good profits. India is the 3rd largest market in the world when it comes to Pharmaceuticals. Some of the major players in the market are Sun Pharmaceuticals, Cipla, Lupin and Glenmark Pharmaceutical.
There are four Pharma Funds that you should invest in India:
1 Reliance Pharma Fund
Reliance Pharma Fund has existed since 2004 and has given 20.8% returns in more than a decade of its existence. One can get consistent returns through investing in equity funds. It is a High-risk fund and its return was 7.6% in 2017, while it was 3.6% in 2018.
2. TATA India Pharma & Healthcare Fund
The latest Pharma Fund is Tata India Pharma. This is a long-term investment and the scheme does not guarantee any returns. It is also a high-risk investment and its return was -14.7 in 2016, but 4.7% in 2017 and 2.6% in 2018.
3. UTI Healthcare Fund
It is the oldest Pharma Fund that has existed since 1999 and has given 13.5% returns since its inception. Return for 2018 was -7.5% and 6.2% in 2017.
4. SBI Healthcare Opportunities Fund (used to be SBI Pharma)
SBI Healthcare Opportunities Fund has also been in the market since 2004 and has given 12.9% returns since its existence. In 2014, the Fund gave its highest ever returns which were 56.8%. Return for 2018 was -9.9% and for 2017 was 2.1%
If you have decided to invest in the pharma sector, these are some schemes that you should be looking towards. Pharma Equity funds category where investment is made in Pharma related stocks. Investing in these funds lead to long-term wealth generation of the investors.
