The Indian health sector was under-performing for a long time. However, after the arrival of Corona in March 2020, this sector is showing tremendous boom. However, after December 2020, the correction was visible in it. In March this year, again a new wave came out, after which once again the pharma sector has wooed investors.
Keeping in mind the increasing demand in the health care sector, Axis Mutual Fund has launched Axis Healthcare Exchange-Traded Fund (ETF). It is going to close on 10 May. It will track the Nifty Health Care Index as well as Jinesh Gopani, Equity Head of Axis AMC, will manage it. Regarding this fund, Axis Mutual Fund says that the health care sector is gradually strengthening its foothold in the domestic market. ICICI Prudential Asset Management has also decided to launch healthcare ETF in May.
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