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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

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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

Mutual Fund (AMC) has launched the 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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First Published: Mon, October 19 2020. 19:10 IST

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