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23% returns in five-year period; should you invest in the surging healthcare funds?

By Economic Times - 8 months ago
Managing over Rs.23,000 crore in assets, there are 22 healthcare sector funds today. Eight of these are passively managed, which means that they track indices such as the Nifty Healthcare, BSE Healthcare, Nifty Pharma, and others. The recent performance surge has lifted the category scorecard of healthcare funds, with an average return of 59% over a one-year period, a compounded annual growth rate (CAGR) of 18% over a three-year period, and 23% CAGR over a five-year period. Consider various sectoral nuances before putting your money in these.

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