Another sectoral fund avalable is the Pharmacuetical funds that have focussed portfolio of securities issued by pharmacuetical companies and health care companies.
Medicines or health care products unlike other products people use more often.This basic need normally keeps demand growing even in the economies that suffered a slowed down like the USA or current Europe. Asian countries like India has a growing HNI class who are willing to spend for Premium Health Care products also help in demand not going down.
The budget 2010-2011 had also important push for this sector.GOI gives special attention to this sectors growth
The funds in this sector are:
1. Franklin Pharma
2. Magnum Pharma
3. Reliance Pharma
4. UTI Pharma & Health care
Those who read this also looked at :
1. FMCG Sector Funds
2. Technology Sector Funds
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