Fund Focus

There are only three Pharma funds currently available in the Indian mutual funds space and all three funds are available for transaction on our platform. However, Reliance Pharma Fund clearly stands out from the rest of the lot. The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related or fixed income securities of Pharma and other associated companies.

Investment Strategy

The fund invests in Pharmaceuticals and Healthcare stocks across market capitalization, but focuses mainly on large cap and small cap stocks. As on April 2012, 60 percent of the total corpus is invested into large cap stocks and around 36 percent of the corpus is invested into the mid and small cap stocks. The fund had high exposure to small cap stocks till April 2009; small caps accounted for 51.32 percent in April 2009 and declined significantly from then to 18.45 percent in April 2012.