18
Jan
DSP Mutual Fund announced the launch of DSP Nifty Healthcare ETF, an open-ended scheme replicating/ tracking Nifty Healthcare Index that offers investors the opportunity to participate in India’s growing healthcare sector. The Nifty Healthcare Index covers diversified themes like pharmaceuticals, hospitals, pathology, healthcare research analytics & technology. It adjusts or rebalances every 6 months to represent the top 20 stocks (companies from healthcare sector) based on free float market cap from the Nifty 500 universe. India’s healthcare market cap has grown at a decent rate of around 10% in the last 10 years. India's healthcare sector currently accounts for 5.8%…
