Healthcare & pharma mutual funds
19 actively managed sector schemes and 14 index funds or ETFs whose names point to Healthcare & pharma, with the market index they follow. Returns from AMFI NAVs as of 27 Oct 2026.
Schemes on this page invest mainly in this part of the market. Where the NSE sector indices stand today:
- P/E 41.2: higher than 98% of days since 2021 (median 33.6)
- 1Y +18.2% · 3Y +21.7% p.a. · 5Y +13.8% p.a. (index fund NAV, after costs)
- −3.4% from its 52-week high
- P/E 42.0: higher than 88% of days since 2021 (median 37.6)
- 1Y +7.1% · 3Y +19.7% p.a. · 5Y +12.7% p.a. (index fund NAV, after costs)
- −6.0% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
| Scheme | 1Y return | 3Y CAGR | 5Y CAGR | Volatility | Max drawdown | 3Y vs own benchmark TRI | TER | AUM (₹ cr) |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Pharma and Healthcare Fund Aditya Birla Sun Life Mutual Fund · Sectoral/Thematic · Direct | 12.1% | 20.4% | 14.1% | 15.5% | −20.5% | −1.5 pp | 1.08% | 1,045 |
| Bajaj Finserv Healthcare Fund Bajaj Finserv Mutual Fund · Sectoral/Thematic · Direct | 14.9% | n/a | n/a | n/a | −15.7% | n/a | 0.90% | 394 |
| Bandhan Healthcare Fund Bandhan Mutual Fund · Sectoral/Thematic · Direct | n/a | n/a | n/a | n/a | −10.1% | n/a | 1.25% | 312 |
| Baroda BNP Paribas Health and Wellness Fund Baroda BNP Paribas Mutual Fund · Sectoral/Thematic · Direct | 7.6% | n/a | n/a | n/a | −11.1% | n/a | 1.47% | 457 |
| DSP Healthcare Fund DSP Mutual Fund · Sectoral/Thematic · Direct | 13.4% | 21.3% | 15.7% | 15.1% | −21.7% | −0.8 pp | 0.76% | 3,627 |
| HDFC Pharma and Healthcare Fund HDFC Mutual Fund · Sectoral/Thematic · Direct | 21.3% | 29.8% | n/a | 16.3% | −14.9% | +7.6 pp | 1.05% | 3,478 |
| ICICI Prudential Healthcare Fund ICICI Prudential Mutual Fund · Sectoral/Thematic · Direct | 3.2% | 21.8% | 15.9% | 16.3% | −20.6% | −0.2 pp | 1.32% | 6,856 |
| Invesco India Pharma and Healthcare Fund Invesco Mutual Fund · Sectoral/Thematic · Direct | n/a | n/a | n/a | n/a | −11.4% | n/a | 3.30% | 443 |
| ITI Pharma and Healthcare Fund ITI Mutual Fund · Sectoral/Thematic · Direct | 6.9% | 19.5% | n/a | 16.7% | −17.7% | −0.9 pp | 0.89% | 255 |
| Kotak Healthcare Fund Kotak Mahindra Mutual Fund · Sectoral/Thematic · Direct | 20.7% | n/a | n/a | n/a | −18.0% | n/a | 1.03% | 797 |
| LIC MF Healthcare Fund LIC Mutual Fund · Sectoral/Thematic · Direct | 8.7% | 21.7% | n/a | 16.3% | −15.1% | −0.5 pp | 1.38% | 92 |
| Mirae Asset Healthcare Fund Mirae Asset Mutual Fund · Sectoral/Thematic · Direct | 15.8% | 23.0% | 15.8% | 16.0% | −20.0% | +0.8 pp | 0.62% | 3,386 |
| Nippon India Pharma Fund Nippon India Mutual Fund · Sectoral/Thematic · Direct | 6.7% | 17.7% | 13.4% | 15.0% | −24.0% | −4.1 pp | 0.99% | 8,729 |
| PGIM India Healthcare Fund PGIM India Mutual Fund · Sectoral/Thematic · Direct | 16.7% | n/a | n/a | n/a | −14.5% | n/a | 0.98% | 136 |
| quant Healthcare Fund quant Mutual Fund · Sectoral/Thematic · Direct | 13.6% | 20.7% | n/a | 18.3% | −25.2% | −0.0 pp | 1.56% | 394 |
| SBI HEALTHCARE OPPORTUNITIES FUND SBI Mutual Fund · Sectoral/Thematic · Direct | 14.4% | 23.7% | 18.3% | 14.5% | −30.5% | +1.5 pp | 1.01% | 5,729 |
| Tata India Pharma & Healthcare Fund Tata Mutual Fund · Sectoral/Thematic · Direct | 2.5% | 18.5% | 14.1% | 16.7% | −19.8% | n/a | 1.10% | n/a |
| UTI - Healthcare Fund UTI Mutual Fund · Sectoral/Thematic · Direct | 12.0% | 22.9% | 15.6% | 16.1% | −27.1% | +0.8 pp | 1.35% | 1,376 |
| WhiteOak Capital Pharma and Healthcare Fund WhiteOak Capital Mutual Fund · Sectoral/Thematic · Direct | 17.1% | n/a | n/a | n/a | −15.4% | n/a | 1.07% | 910 |
"3Y vs own benchmark TRI" is the scheme's 3-year CAGR minus that of the total return index it is benchmarked to, as published by AMFI. Alphabetical order, not a ranking. Rolling returns and risk for this group
| Scheme | 1Y return | 3Y CAGR | 5Y CAGR | Volatility | Max drawdown | Tracking error | TER | AUM (₹ cr) |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Healthcare ETF Aditya Birla Sun Life Mutual Fund · Equity ETF | 7.4% | 20.4% | 13.4% | 16.5% | −18.3% | n/a | 0.22% | 71 |
| Axis NIFTY Healthcare ETF Axis Mutual Fund · Equity ETF | 7.2% | 20.0% | 13.1% | 16.5% | −20.7% | n/a | 0.45% | 22 |
| Bandhan BSE Healthcare Index Fund Bandhan Mutual Fund · Index Fund · Direct | 9.2% | n/a | n/a | n/a | −16.2% | n/a | 0.34% | 20 |
| DSP Nifty Healthcare ETF DSP Mutual Fund · Equity ETF | 7.4% | n/a | n/a | n/a | −15.7% | n/a | 0.23% | 17 |
| DSP Nifty Healthcare Index Fund DSP Mutual Fund · Index Fund · Direct | 7.4% | n/a | n/a | n/a | −9.2% | n/a | 0.40% | 25 |
| Groww BSE Hospitals ETF Groww Mutual Fund · Equity ETF | n/a | n/a | n/a | n/a | −20.3% | n/a | 0.55% | 166 |
| ICICI Prudential Nifty Healthcare ETF ICICI Prudential Mutual Fund · Equity ETF | 7.5% | 20.2% | 13.3% | 16.5% | −20.6% | n/a | 0.18% | 218 |
| ICICI Prudential Nifty Pharma ETF ICICI Prudential Mutual Fund · Equity ETF | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| ICICI Prudential Nifty Pharma Index Fund ICICI Prudential Mutual Fund · Index Fund · Direct | 17.8% | 21.3% | n/a | 15.8% | −16.6% | n/a | 0.51% | 168 |
| Mirae Asset Nifty 500 Healthcare ETF Mirae Asset Mutual Fund · Equity ETF | n/a | n/a | n/a | n/a | −9.6% | n/a | 0.35% | 15 |
| Motilal Oswal BSE Healthcare ETF Motilal Oswal Mutual Fund · Equity ETF | 9.4% | 21.8% | n/a | 16.3% | −16.1% | n/a | 0.36% | 43 |
| Motilal Oswal Nifty MidSmall Healthcare Index Fund Motilal Oswal Mutual Fund · Index Fund · Direct | 13.3% | n/a | n/a | n/a | −17.5% | n/a | 0.80% | 52 |
| Nippon India Nifty Pharma ETF Nippon India Mutual Fund · Equity ETF | 18.2% | 21.7% | 13.8% | 15.8% | −21.0% | n/a | 0.23% | 1,711 |
| Tata Nifty MidSmall Healthcare Index Fund Tata Mutual Fund · Index Fund · Direct | 13.5% | n/a | n/a | n/a | −17.5% | n/a | 0.58% | 227 |
Index funds and ETFs aim to match their index, so the useful comparison between them is cost (TER) and tracking error, not return rank. ETFs are bought and sold on the stock exchange through a demat account.
- How many mutual funds invest in Healthcare & pharma in India?
- MFIC finds 19 actively managed sectoral or thematic schemes and 14 index funds or ETFs whose names point to Healthcare & pharma (Direct plans; ETFs have a single plan), from AMFI's daily NAV file dated 27 Oct 2026.
- Does every scheme on this page hold only Healthcare & pharma stocks?
- Not necessarily. MFIC groups schemes by the sector or theme in the scheme name. SEBI requires sectoral and thematic schemes to keep at least 80% in their stated sector or theme, but the exact holdings come from each fund house's monthly portfolio, which MFIC does not yet read. Check the latest factsheet before relying on a scheme's exposure.
- Are sector funds riskier than diversified equity funds?
- A sector fund depends on one part of the economy, so its returns usually swing more than a diversified fund's and can lag for long periods. The volatility and maximum drawdown columns on this page show how much each scheme has moved in the past; past movements do not predict future ones.
Every Monday: index benchmarks and the median 1-month and 1-year return of every equity category, plus broad equity, hybrid and debt figures. Calculated from AMFI NAVs. Free; unsubscribe from any email.