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  • News From Press Pharma funds a good contra bet only if investor holds them for 3-5 years

    Pharma funds a good contra bet only if investor holds them for 3-5 years

    They have yielded meagre returns of only 4.90 per cent compounded annually over the past five years
    Business Standard Jul 18, 2019

    Are pharma funds a good contra bet? Pharma funds have been laggards over the past year, with a category average return of a meagre 1.74 per cent. They have also yielded meagre returns of only 4.90 per cent compounded annually over the past five years. However, experts say these funds can prove to be good contra bets for investors willing to hold them for three-five years.

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