Reliance Pharma Fund - An Intriguing Opportunity for Investors

Reliance Pharma Fund comes in a list of those schemes that invest in a particular industry. Reliance Mutual Fund launched Reliance Pharma Fund on June 05th, 2004 with an objective to earn returns by investing in the Pharma sector. Investing is a way of helping the business in which the investment is being made and giving return is the businesses’ way of paying back. Investing in the Pharma sector helps an investor become a part of it, isn’t it an easy way to do so? All you need to do is invest and rejoice in the progress that it makes. Reliance Pharma Fund is an open-ended scheme that invests in equity and equity related instruments or fixed income securities of Pharma and its related companies to generate consistent returns. Investment Philosophy Investment Philosophy of Reliance Pharma Fund is to invest in the Pharma companies that include high growth and deep value businesses across market capitalization with an investment horizon of about two to three years. It focuses on specific sectors within this industry like domestic business, international, and CRAM. Who Is Managing this Fund? How a scheme works depends largely on its fund manager. Reliance Pharma Fund is managed by Mr. Sailesh Raj Bhan who has done masters in business administration with specialization in finance and is a CFA. He has been managing this scheme since March, 2005. He has an overall nineteen years of experience in fund management and equity research. In addition to this scheme, he is managing several other schemes offered by Reliance Mutual Fund such as Reliance Consumption Fund, Reliance Multi Cap Fund, Reliance Large-Cap Fund, and so on. Some Important Points About Reliance Pharma Fund Its investment in equity is 99.62% with 10.55, 46.74, 31.19, and 11.53 percent allocation in giant-cap, large-cap, mid-cap and small-cap stocks. In comparison to its benchmark NIFTY Pharma, it has invested 2.01% less in the Healthcare sector. The top ten companies in which Reliance Pharma Fund has invested in majorly are mentioned in the table below. To invest in Reliance Pharma Fund, you can start with a minimum investment amount of Rs. 5000. In case you wish to invest gradually, you can do so through SIP, in which case the minimum amount you need to pay is Rs. 100. There is no entry load that an investor has to bear at the time of investing in Reliance Pharma Fund Growth. However, if an investor redeems on or within a year of investment, then he is liable to pay 1% as exit load. The per unit price of Reliance Pharma Fund Growth as on June 15th, 2018 was recorded as Rs. 144.8219. The assets managed under this scheme by Reliance Asset Management Company is worth Rs. 1928 crore as on May 31st, 2018. For more information about Reliance Pharma Fund, its past performance, Reliance AMC, etc., you can browse the official website of Reliance Mutual Fund. If there is something that you don’t understand, then consult an experienced financial advisor. This article is all about a scheme that invests in Pharma sector by Reliance Mutual Fund named Reliance Pharma Fund.