What is the BSE Healthcare Index?
- The BSE Healthcare Index provides exposure to almost all stocks classified in the ‘healthcare’ sector.
- The healthcare sector encompasses not just pharma, but also hospitals, diagnostics, medical equipment and supplies, and biotechnology.
- Each stock is weighted based on its market capitalization, with larger companies having a greater impact on the index’s performance.
Indian Healthcare Industry Stands Tall Globally
#1
in vaccine manufacturing, capturing a 60% global market share.
#1
in generic drug provision, ensuring affordable healthcare worldwide.
#3
in pharmaceutical manufacturing by volume, driving global supply.
One of the top 10 destinations for medical tourism, offering world-class treatments at competitive costs.
Source: IBEF. Data as of 31st July 2024
Healthcare primed for growth driven by key factors
#1: Exposure to almost all healthcare stocks
The fund provides exposure to almost all healthcare stocks.
Source: BSE. Data as of 31st July 2024. The sectors/stocks mentioned herein are only for illustrative purposes. They should not be construed as a recommendation from Bandhan Mutual Fund or indicative portfolio of any scheme of Bandhan Mutual Fund. Bandhan Mutual Fund may or may not hold any position in these sectors/stocks.
#2: Better Risk-Adjusted & Rolling Returns
BSE Healthcare Index has outperformed Nifty 50 across periods except the 10-year period.
Source -
BSE. Data as of the end of 31st July 2024. Performance results may have inherent limitations, and no representation is being made that any investor will or is likely to achieve. Past performance may or may not be sustained in the future.
BSE. Data as of 15th April 2008 to 31st July 2024. Performance results may have inherent limitations, and no representation is being made that any investor will or is likely to achieve. Past performance may or may not be sustained in the future.
Consider investing in this fund if…
You are a seasoned investor, or you have access to expert guidance.
You have a lumpsum amount, a risk appetite, and a long-term investment horizon.
You are prepared for extended periods of potential underperformance and volatility.
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Make an informed decision. Learn more about investing in Bandhan BSE Healthcare Index Fund
Fund Facts
Type of Scheme
An open ended scheme tracking BSE Healthcare Index
NFO Period
21st August to 3rd September
Benchmark
BSE Healthcare TRI
Fund Manager
Mr. Nemish Sheth
Plans/Options
Regular/Direct Plan: Growth Option
Exit Load
0.25% - if redeemed on or before 15 days from the allotment date.
Nil - if redeemed after 15 days from the allotment date
Minimum Investment
During New Fund Offer
₹ 1,000
And in multiples of Rs. 1/- thereafter
Investment Objective
The investment objective of the Scheme is to replicate the BSE Healthcare index by investing in securities of the BSE Healthcare Index in the same proportion/weightage with an aim to provide returns before expenses that closely correspond to the total return of BSE Healthcare index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized, and the scheme does not assure or guarantee any returns.
Fund Manager
Nemish Sheth
Associate Vice President – EquitiesBandhan AMC Limited
Mr. Nemish Sheth is a Fund Manager at Bandhan AMC (Erstwhile IDFC AMC) since November 2021. He comes with an experience of over a decade in fund management and Dealing in Equity, Derivatives, and Passive Funds. His prior stint includes Nippon AMC and ICICI Prudential AMC, as Dealer for Equity, Derivative and Passive Funds. Mr. Sheth completed his post-graduation in Management Studies with a specialization in Finance from IES Management College (Mumbai).
Product info
Bandhan BSE Healthcare Index Fund
(An open ended scheme tracking BSE Healthcare Index)
This product is suitable for investors who are seeking*:
- To create wealth over long term.
- Investment in equity & equity related Instruments belonging to BSE Healthcare Index
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
