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Healthcare thematic fund

Healthcare is one of the most critical services of human society. The COVID-19 pandemic has brought into focus the importance of health and healthcare than ever before. The pandemic has also shown us the weaknesses of our healthcare infrastructure. The healthcare sector in India is growing at a CAGR of more than 16% over the past 12 years (source: Frost & Sullivan analysis, LSI Financial Services, Jan 2020). The pharmaceutical sector is one of biggest exporters in India. Read More

The medium to long term outlook of the healthcare sector is strong. With outbreak of COVID-19 diversification of API/intermediate exposures from China is expected to other countries and India is likely to be a key beneficiary for the same. There is also a likelihood of significant increase in healthcare budgets by governments in the post Covid era and the focus to move incrementally to availability and supply security versus accessibility. As it is India’s healthcare spending lags behind developed markets (US, UK, Germany etc) and also many emerging markets (China, Brazil etc).

 

What healthcare thematic funds invest in?


Many investors associate healthcare primarily with the Pharma industry. Healthcare however, is a broader theme covering hospitals, diagnostics, medical insurance, medical equipment, fine chemicals and other allied sectors.

Performance of the healthcare theme


The chart below shows the growth Rs 10,000 invested in Nifty India Consumption Total Returns Index (TRI) from June 2008 to 31st March 2021.


framework

Source: Bombay Stock Exchange (TRI), Advisorkhoj Analysis (Period: 30/05/2008 to 31/03/2021). Disclaimer: Past performance may or may not be sustained in the future

Why invest in healthcare theme?


Healthcare companies are likely to benefit in the long term due to higher awareness and spending towards healthcare in the post COVID era with significant increase in insurance coverage, government spending and discretionary testing aiding the healthcare sector. Overall the long term outlook of the healthcare sector in India is quite positive.

Who should invest in healthcare thematic funds?


  • Investors who are looking for long term capital appreciation by investing in the healthcare theme.
  • Investors with high risk appetites.
  • Investors with minimum 5+ years investment horizon.
  • Investors should read the scheme information document carefully and / or consult with their financial advisors before investing.
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The information contained in this document is compiled from third party and publically available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields. Views expressed by the Fund Manager cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Mirae Asset Investment Managers (India) Private Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax or financial implications. Investors are advised to read the Scheme Information Document of the respective scheme to know in detail about the product before investing.

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