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Mumbai6 hours ago

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The corona epidemic has emerged as the preferred sector in the healthcare sector. Suddenly the demand for this sector has increased for the last 1 year. Production of companies has increased. Also, the healthcare sector is an evergreen sector because there is always demand for better health facilities in such a large population - Dainik Bhaskar

The corona epidemic has emerged as the preferred sector in the healthcare sector. Suddenly the demand for this sector has increased for the last 1 year. Production of companies has increased. Also, the healthcare sector is an evergreen sector because such a large population always demands better healthcare facilities.

  • This is true for investors who are looking to benefit from investing in the healthcare segment.
  • This scheme can be invested with a minimum of 1 thousand rupees.

ICICI Prudential Mutual Fund has introduced a new fund offer (NFO) called Healthcare ETF. It will open from May 6 and close on May 14. It is an open-ended exchange traded fund (ETF) scheme that tracks the Nifty’s healthcare index.

Investment in Leading Companies of Healthcare Sector

According to the company, the scheme will invest in leading companies in the healthcare sector. This is true for investors who are looking to benefit from investing in all healthcare segments as a whole. It can be invested with a minimum of 1 thousand rupees. This can then be done in multiples. The scheme aims to deliver the same proportion of returns through the benchmark Nifty Healthcare TRI Index.

Scheme will be listed on BSE and NSE

The fund will be listed on BSE and NSE. ICICI Prudential Healthcare ETF will give investors the opportunity to invest in the healthcare sector through this product. About this, MD and CEO of the company Nimesh Shah said that the product will invest in the healthcare sector. The healthcare sector will emerge as a strong sector in the times of increasing health problems, changes in living conditions and epidemics.

Also, a better healthcare facilities are also needed for such a large population in a country like India. Due to this there is a huge investment opportunity in this sector.

Will have the opportunity to earn

The company says that this healthcare ETF will give investors an opportunity to profit by investing in this growing segment. An ETF is a low-cost investment tool. The Nifty Healthcare Index consists of 20 fast-growing Indian healthcare companies. Its index has stocks such as Sun Pharma, Dr. Reddy’s Lab, Divis Lab, Cipla and Apollo Hospitals. This index has performed better than the Nifty 50 index in 6 out of 10 years.

Has emerged as a preferred sector

Let me tell you that the corona epidemic has emerged as the preferred sector. Suddenly the demand for this sector has increased for the last 1 year. Production of companies has increased. Also, the healthcare sector is an evergreen sector because there is always a demand for better healthcare facilities in such a large population. Corona has forced it to increase further.

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