The New Fund Offering (NFO) opens on Wednesday, August 21, 2024 and will close on September 3, 2024.
This fund aims to monitor the BSE Healthcare Indexcovering a wide range of companies within the healthcare industry, including pharmaceuticals, hospitals, diagnostics, biotechnology and medical equipment.
Why consider this fund?
Vishal Kapoor, CEO of Bandhan AMC, highlighted the potential of the healthcare sector, especially given its resilience and innovation during global challenges such as the COVID-19 pandemic.
“India’s healthcare industry is globally renowned for vaccine manufacturing, generic drug production and medical tourism. With the increasing prevalence of lifestyle diseases, ageing population and increasing access to quality healthcare, the sector is poised for significant growth,” Kapoor said.
He added that the Bandhan BSE Healthcare Index Fund offers investors the opportunity to capitalise on this growth by investing across the healthcare spectrum.
Performance Information
The BSE Healthcare Index has consistently generated better risk-adjusted returns than broader indices like the Nifty 50, making this fund an attractive option for investors with a long-term investment horizon.
However, it is important to note that this fund is best suited for those with a high risk appetite and who are looking to diversify their portfolios.
Invest in sector funds, such as the BSE Bandhan Healthcare Index Fund, comes with inherent risks.
While the healthcare sector in India shows promise due to factors such as increasing demand for healthcare and technological advancements, it is also subject to regulatory changes, pricing pressures and global competition.
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