Pharma index is on up move.
I do not have time to study companies for investment.
I have been investing in Pharma Bees from 5 months. 100 units every month.
We will definitely get 1500 - 2000/- in at least one trade. Instead of reinvesting into trading I am directing to PHARMABEES.
My view is:
1. Even if the index falls ( Due to foreign policies etc) it should give good returns in long term.
2. If the Index sees a huge fall then we will get to add more units.
3. If we stay long term in this the chance of fail is 0 %.
4. If the sector rotation is in Pharma then this index should give more than 50% return. Auto ETFs gave 92% return in 2 years from 2022.
5. I only see PHARMABEES, when Pharma is in uptrend then more fund houses launch Pharma ETFs, so there are good chances that Pharma Index move high.
There is HEALTHY ( Nifty Healthcare ETF) too. both have 79% overlap so I choose PHARMABEES.
If you are tracking or found any investment options please share. It might help others.
Do research and take decision according to your risk.
I do not have time to study companies for investment.
I have been investing in Pharma Bees from 5 months. 100 units every month.
We will definitely get 1500 - 2000/- in at least one trade. Instead of reinvesting into trading I am directing to PHARMABEES.
My view is:
1. Even if the index falls ( Due to foreign policies etc) it should give good returns in long term.
2. If the Index sees a huge fall then we will get to add more units.
3. If we stay long term in this the chance of fail is 0 %.
4. If the sector rotation is in Pharma then this index should give more than 50% return. Auto ETFs gave 92% return in 2 years from 2022.
5. I only see PHARMABEES, when Pharma is in uptrend then more fund houses launch Pharma ETFs, so there are good chances that Pharma Index move high.
There is HEALTHY ( Nifty Healthcare ETF) too. both have 79% overlap so I choose PHARMABEES.
If you are tracking or found any investment options please share. It might help others.
Do research and take decision according to your risk.