Latest news with #NiftyHealthcareIndex
Time of India
6 days ago
- Business
- Time of India
NFO Alert: DSP Mutual Fund launches index funds on IT and Healthcare sectors
DSP Mutual Fund has launched two new index funds — the DSP Nifty IT Index Fund and the DSP Nifty Healthcare Index Fund . These offerings provide investors a strategic avenue to gain exposure to the IT and healthcare sectors, both known for their relative resilience in volatile equity markets. The new fund offer, or NFO , for both funds, is open for subscription and will close on June 16. The DSP Nifty IT Index Fund aims to replicate/track the Nifty IT Index and would be investing in the top 10 IT companies by free float market capitalisation. The Indian IT sector has demonstrated smooth earnings growth with relatively low earnings variability, which has helped to reduce earnings surprises. Over the last 12 years, the Nifty IT index has delivered consistent earnings growth, outperforming many other sectors. While the IT sector has underperformed the broader market in recent years, historical cycles suggest potential for a turnaround, making this an opportune moment for investors to consider sector-focused exposure. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Also Read | NFO Insight: Nippon Income Plus Arbitrage Active FoF opens. Is it time to add this emerging category to your portfolio? The DSP Nifty Healthcare Index Fund aims to replicate or track the Nifty Healthcare Index, investing in the top 20 healthcare companies based on free-float market capitalisation. Notably, India's healthcare sector accounts for a relatively small share of the country's total market capitalisation compared to developed and emerging markets. This indicates significant growth potential, supported by expanding healthcare infrastructure, rising insurance penetration, and ongoing medical innovation. Live Events "The launch of the DSP Nifty IT Index Fund and DSP Nifty Healthcare Index Fund offers investors a balanced approach to participate in sectors that combine growth with resilience. In uncertain market environments, defensive sectors like IT and healthcare have seen lower drawdowns, with the potential to deliver attractive returns,' said Anil Ghelani, CFA, Head of Passive Investments & Products at DSP Mutual Fund. 'By strategically including low-beta sectors such as Information Technology and Healthcare, investors can construct a more resilient and efficient portfolio, which may help them optimise returns and effectively manage market risk. Defensive sectors are currently underrepresented in broader indices, and history shows that when underweight, sectors like IT and Healthcare tend to outperform the market over the following year. Our disciplined passive management approach aims to closely track these sectors, helping investors capture structural growth with lower volatility,' said Gurjeet Kalra, Business Head – Passive Funds, DSP Mutual Fund. Also Read | Gold prices may fall 12-15% in next 2 months, warns Quant Mutual Fund Defensive sectors such as Information Technology (IT) and Healthcare have historically exhibited low beta relative to the broader equity market, meaning they are less affected by market downturns, economic crises, or geopolitical events. For instance, during the Global Financial Crisis (Jan – Oct 2008) and the Covid-19 pandemic (Jan – March 2020), Nifty Healthcare and Nifty IT indices outperformed the broader Nifty 500 Index by experiencing lower drawdowns and quicker recoveries. These sectors benefit from diversified global revenues, which reduce their dependence on domestic economic cycles. To put this in context of numbers, ~ 96% of total revenues for the companies in the Nifty IT Index come from various global markets other than India. Notably, 52% of the total revenues for companies in the Nifty Healthcare Index are derived from global markets, compared to just 25% for companies in the Nifty 50 Index.
India Today
27-05-2025
- Business
- India Today
Sensex, Nifty fall sharply as markets break winning streak on profit booking
Benchmark stock market indices opened lower to fell sharply on Tuesday, pausing their winning run as investors seemed to book profit. IT, auto, FMCG, and heavyweight financials declined in early S&P BSE Sensex was down by 707.85 points to 81,468.60, while the NSE Nifty50 lost 225.40 points to 24,775.75 as of 9:30 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that in the near-term the market is likely to consolidate around the current "Since mutual funds are sitting on sizeable cash any dip will be bought into and high valuations will trigger selling on rallies. A sustained rally will happen only when leading indicators suggest revival in earnings growth. That is some time away," he opened on a predominantly weak note today, with only one stock managing to stay in positive territory amid broad-based selling Bank emerged as the sole gainer in early trading, advancing by 0.04%, while the rest of the major indices faced declines of varying Cement faced the steepest decline, plummeting by 1.38% in opening trades. Axis Bank was under significant pressure, falling 1.34%, while NTPC dropped by 1.32%. Mahindra & Mahindra slipped 1.14%, and Eternal Company rounded out the top five losers with a decline of 1.06%.advertisementNifty Midcap100 declined marginally by 0.08% while Nifty Smallcap100 managed a modest gain of 0.13%. The India VIX surged by 4.57%, indicating heightened market volatility in early sectoral indices opened in negative territory, with Nifty Oil & Gas facing the steepest decline of 0.79%, followed by Nifty Private Bank which dropped 0.74% and Nifty IT falling 0.73%.Other notable losers included Nifty FMCG down 0.68%, Nifty Auto declining 0.65%, Nifty Financial Services slipping 0.60%, Nifty PSU Bank retreating 0.57%, Nifty Metal dropping 0.26%, Nifty Consumer Durables falling 0.23%, and Nifty Media declining 0.16%.However, some sectors managed to buck the negative trend with Nifty Realty posting the strongest gain of 0.33%, while Nifty Healthcare Index advanced 0.15% and Nifty Pharma gained 0.08%.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
