Why MySIPonline is encouraging an Investment in Pharma Mutual Funds?
Added: (Wed Jan 09 2019)
Pressbox (Press Release) -
India is one of the world’s fasted growing economies. And, the pharmaceutical industry is playing a heavy role in accelerating the rate at which the GDP is climbing. In one of the recent government publications, it was revealed that India is the largest exporter of medicines in the world, catering to almost 50% of the demands of affordable but best quality medicines.
This fact pinpoints to one direction – an investment in Pharma Mutual Funds – and MySIPonline is the first online investment company to encourage people to draw their money towards this sector. The experts at MySIPonline believe that in the next five years, the industry might explode with hefty returns. There’s a lot more to know about this industry and the best funds present in it. So, let’s not waste any more time and get straight to the point.
Some Facts about Indian Pharma Industry
No matter how many sugar-coated statements are fed to you about these Funds, a fact remains a fact. Hence, it is better to form an image about these funds based purely on the facts. So, here are some riveting facts about the Indian pharma industry which is going to take your brain for a toll. Beware!
1. India’s medicinal supplies aren’t just useful for everyday cures, but also for researching on deadly viruses like HIV.
2. Due to the medicinal dependency on India’s exports, the industry has grown to a whopping $45 billion in 2018.
3. The recent amendments in the laws led to the attraction of Foreign Direct Investment in pharma sector. Hence, the opportunities for growth have expanded.
4. Expenditure on healthcare is at an all-time boom in India. In a recent poll, it was encountered that the industry experts consider a growth of 9-12% annually of the medical expenditures during 2019-2022.
And the list goes on, indicating that investing in Pharma Mutual Funds in India is going to be a very promising venture for the prospective aspirants, and that you must not wait anymore to grab your hands on the best mutual funds in this sector. And, if you think that finding the best products isn’t your cup of tea, then worry not because MySIPonline has got you covered on that front. Check out the following segment that describes the best Pharma Funds available, and the pride that you’d devour by investing with MySIPonline.
The Best Pharma Funds – What MySIPonline Recommends
1. Reliance Pharma Fund (G)
Speaking of the best, there’s only one name that pops in the head – Reliance Pharma Fund. Nurtured by some of the best brains in the fund management business, this fund is sure to take your money on a high energy ride.
2. TATA India Pharma & Healthcare Fund (G)
TATA Group has been renowned for its pioneering endeavours in pharmaceutical and healthcare industries. Through TATA India Pharma & Healthcare Fund (G), it strives to bring together enormous wealth and apply for the betterment of the industry and hence, provide world-class treatment at affordable prices. Since the need for the growth is high in the sector, it’s an excellent opportunity for the investors to pin their money.
3. SBI Healthcare Opportunities Fund (G)
SBI Mutual Fund is amongst the most celebrated fund houses in India, with more than 100 schemes to offer across discrete genres. SBI Healthcare Opportunities Fund (G) is a pharma centric scheme which was launched to tap the raging opportunities in the industry, thereby producing gold for its stakeholders.
4. DSP Healthcare Fund (G)
DSP Blackrock Mutual Fund is a name that we all are aware of, unless you are living under the stone. The AMC is known for its pioneering efforts in the field of mutual fund investing, and now it has entered the booming pharma sector via DSP Healthcare Fund in order to provide promising opportunities to the investors. The fund’s performance in the recent past has been jovial, and hence it can be looked forward to chart the course to a portfolio that suffices your demands.
Invest with MySIPonline
After reviewing the online system of MySIPonline and taking in the comments of the past users, we have found that this company is indeed providing the best services in the online mutual fund investments segment. The entire process, from creating an account to picking the best funds, takes less than 10 minutes. Besides, you are bestowed with a horde of other facilities such as personal dashboard, SIP Calculator, and Tax Calculator that are hard to be found elsewhere.
So, mortals! If you wish to die richer than you were born, then you can’t skip an investment in Pharma Mutual Funds. The industry is at an all-time boom, and now is the time to take leverage.
For More Information visit:https://www.mysiponline.com/mutual-funds/sector-pharma-healthcare