I want to invest in one sector mutual fund. Please advise me regarding pharma and FMGC mutual funds. My first choice is SBI Pharma or ICICI FMGC fund.
- Akansh Garg
Sector funds tend to perform differently in various market phases and they are meant for investors with extra knowledge about the particular sector. Pharma category has given around 24 per cent in the last year and FMCG category has returned around 9 per cent during the same period. SBI Pharma Fund has offered the highest returns in the three- and five-year periods. ICICI Prudential FMCG Fund has been ranked second in one-, three- and five-year periods.
This article was originally published on September 25, 2015.