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Business Standard

Edelweiss's healthcare fund offers benefit of international diversification

Allocation to a thematic offering like the newly-launched healthcare index fund should, however, be limited

Topics
Edelweiss MF | Edelweiss | passive funds

Sanjay Kumar Singh & Bindisha Sarang  |  New Delhi/Mumbai 

healthcare
With the healthcare index having run up a lot already this year, it could witness an impact in the event of a market correction

Edelweiss Mutual Fund (AMC) has launched the Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund. This is an open-end passive fund that will give Indian investors exposure to both domestic and global healthcare stocks. While many active funds focused on the pharma and healthcare segment are available in India, they invest in domestic stocks only.

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Read our full coverage on Edelweiss MF

First Published: Mon, October 19 2020. 19:10 IST

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