Is it sustainable?
Is it the right time?
Our Mutual Fund Expert SRIKANTH MATRUBAI joins us in analysing the pros and cons.
Pharma Sector is something which is in demand whatever be the position of Economy, whoever be in the Government.
BUSINESSWORLD in its article says
"In range-bound markets such as these, a “dose” of Healthcare may be just what your portfolio needs. Consider making a judicious allocation of no more than 10% of your overall equity portfolio to it though - sectoral funds can be extremely volatile and unpredictable in the short term."
1. Possibility of beating Medical Inflation
1. Invest for LONG TERM. Short Term could be very volatile
1. Preferably invest via the SIP mode to ensure that your purchase is evened out
I am more inclined towards Mirae Asset Healthcare Fund NFO, due to their extremely superior performance in equity space and for their sheer consistency.
Scheme at a glance:
Name: Mirae Asset Healthcare Fund
Type of the scheme: Sector fund
Plans & options: Regular and direct
Benchmark: S&P BSE Healthcare Index
Minimum application amount: Rs 5,000
Exit load: 1 per cent (if redeemed within one year from the date of allotment)
I have my own SIP in RELIANCE Pharma Fund, and that’s purpose is to create a LONG TERM MEDICAL EMERGENCY CORPUS and I intend to Increase my SIP in Pharma fund
I am empanelled with Mirae Asset Mutual Fund and I distribute their funds and my views regarding Mirae Asset Funds could be biased.
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