Kotak Healthcare Fund is being launched in the background of healthcare funds returning an average of 25 percent in the last one year. While this sectoral fund category has delivered good returns over long-term periods, timing is key, as pharma funds can see cycles of underperformance.
There are 18 pharma-healthcare sector funds, including seven passively managed schemes, which manage assets worth Rs 15,240 crore as on June 30, 2023. Some of these schemes invest in healthcare stocks listed overseas. Are they offering good value?
toship this trend, and when do you think you re going to know if it s working or not? well, i think that some of the things that we ve started to do are already working. we are making market investments in community violence intervention programs. we set aside an additional $5 million from arma funds that were granted to the city through the american recovery plan argument, through the federal government, and then also we re encouraged by the build back better act that is going to set aside $5 billion for cbi initiatives, but it s going to take addressing the root causes of crime, and that s going to take time because we didn t get to this problem overnight, and we won t get out of it overnight, but we re already seeing that homicides are down almost a third from last year, and then we re also deploying different deployment strategies of our existence force to make sure that we are present in neighborhoods and doing more community policing, so this
Pharma sector mutual funds have delivered over 60% returns in the last one year. These funds have been enjoying their spot under the sun since the covid-19 crisis struck the globe.