Ask Money Today: Is it good time to invest in pharma mutual funds?
It would be more preferable to select a diversified fund with high pharma exposure or with more exposure towards the ingredients manufacturing space
Pharma mutual funds have topped the charts in the last year with over 70 per cent returns on an average. Top schemes like DSP Healthcare Fund has given over 80 per cent returns in the one year period. Many other schemes have delivered wonderful double-digit returns. I have read some equity reports which state that there is still some steam left in this sector. Can I invest in DSP Healthcare Fund or any other good mutual fund scheme in the pharma space now? Is it the right time? Please tell me good names in pharma space.