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Despite volatility, active fund managers have added these pharma stocks lately

Pharma stocks are likely to make a come back once the interest rates cool down and uncertainty reduces globally

November 25, 2022 / 08:20 AM IST
After a prolonged underperformance in 2016-2020, pharma stocks staged a comeback in 2020 post the outbreak of the COVID pandemic. But they demonstrated a tepid performance lately as the sentiment faded. Many pharma stocks corrected notably in the last one year. For instance, the BSE Healthcare Index (total return) corrected 5.5 percent past year while the Nifty 50 TRI gained six percent. “It was due to factors including margin pressures on various reasons like higher input costs, higher interest rates and the recession sentiments in US. The long term trends for pharma and healthcare remains intact and performance will come back once the interest rates cool down and global uncertainty reduces”, says Ravi Kumar TV, Founder of Gaining Ground Investment Services. Here are the top 10 pharma and healthcare stocks that active fund managers added afresh in the last three months. Data as on October 31, 2022. Source: ACEMF
After a prolonged underperformance in 2016-2020, pharma stocks staged a comeback in 2020 post the outbreak of the COVID pandemic. However, they demonstrated a tepid performance lately as the sentiment faded. Many pharma stocks have corrected notably in the last one year. For instance, the BSE Healthcare Index (total return) corrected 5.5 percent in the past year, while the Nifty 50 TRI gained six percent. “It was due to factors including margin pressures on various reasons like higher input costs, higher interest rates and the recession sentiments in US. The long term trends for pharma and healthcare remains intact and performance will come back once the interest rates cool down and global uncertainty reduces”, says Ravi Kumar TV, Founder of Gaining Ground Investment Services. Here are the top 10 pharma and healthcare stocks that active fund managers added afresh in the last three months. Data as on October 31, 2022. Source: ACEMF
Sun Pharmaceutical Industries No. of schemes that newly added the stock: 35 Total no. of active schemes that held the stock: 254 A sample of schemes that newly added the stock: Quant Quantamental, Franklin India Equity Savings and Edelweiss Focused Equity
Sun Pharmaceutical Industries
No. of schemes that newly added the stock: 35
Total no. of active schemes that hold the stock: 254
A sample of schemes that newly added the stock: Quant Quantamental, Franklin India Equity Savings and Edelweiss Focused Equity
Cipla No. of schemes that newly added the stock: 19 Total no. of active schemes that held the stock: 150 A sample of schemes that newly added the stock: SBI Large & Midcap, UTI LT Equity and Nippon India Vision Fund
Cipla
No. of schemes that newly added the stock: 19
Total no. of active schemes that hold the stock: 150
A sample of schemes that newly added the stock: SBI Large & Midcap, UTI LT Equity and Nippon India Vision Fund
Syngene International No. of schemes that newly added the stock: 19 Total no. of active schemes that held the stock: 35 A sample of schemes that newly added the stock: WOC Mid Cap, ICICI Prudential Smallcap and Invesco India ESG Equity Fund
Syngene International
No. of schemes that newly added the stock: 19
Total no. of active schemes that hold the stock: 35
A sample of schemes that newly added the stock: WOC Mid Cap, ICICI Prudential Smallcap and Invesco India ESG Equity Fund
Torrent Pharmaceuticals No. of schemes that newly added the stock: 17 Total no. of active schemes that held the stock: 66 A sample of schemes that newly added the stock: Union Focused, Mahindra Manulife Hybrid Equity Nivesh Yojana and Invesco India Largecap Fund
Torrent Pharmaceuticals
No. of schemes that newly added the stock: 17
Total no. of active schemes that hold the stock: 66
A sample of schemes that newly added the stock: Union Focused, Mahindra Manulife Hybrid Equity Nivesh Yojana and Invesco India Largecap Fund
Abbott India No. of schemes that newly added the stock: 15 Total no. of active schemes that held the stock: 64 A sample of schemes that newly added the stock: Mahindra Manulife Focused Equity Yojana, WOC Mid Cap and IDFC Midcap Fund
Abbott India
No. of schemes that newly added the stock: 15
Total no. of active schemes that hold the stock: 64
A sample of schemes that newly added the stock: Mahindra Manulife Focused Equity Yojana, WOC Mid Cap and IDFC Midcap Fund
JB Chemicals & Pharmaceuticals No. of schemes that newly added the stock: 11 Total no. of active schemes that held the stock: 72 A sample of schemes that newly added the stock: Aditya Birla SL Pharma & Healthcare, Canara Rob Consumer Trends and Canara Rob Focused Equity Fund
JB Chemicals & Pharmaceuticals
No. of schemes that newly added the stock: 11
Total no. of active schemes that hold the stock: 72
A sample of schemes that newly added the stock: Aditya Birla SL Pharma & Healthcare, Canara Rob Consumer Trends and Canara Rob Focused Equity Fund
Pfizer No. of schemes that newly added the stock: 6 Total no. of active schemes that held the stock: 22 A sample of schemes that newly added the stock: DSP Value, DSP Healthcare and Nippon India Value Fund
Pfizer
No. of schemes that newly added the stock: 6
Total no. of active schemes that hold the stock: 22
A sample of schemes that newly added the stock: DSP Value, DSP Healthcare and Nippon India Value Fund
Poly Medicure No. of schemes that newly added the stock: 3 Total no. of active schemes that held the stock: 6 Schemes that newly added the stock: WOC Mid Cap, WOC Tax Saver and WOC Flexi Cap Fund
Poly Medicure
No. of schemes that newly added the stock: 3
Total no. of active schemes that hold the stock: 6
Schemes that newly added the stock: WOC Mid Cap, WOC Tax Saver and WOC Flexi Cap Fund
Sequent Scientific No. of schemes that newly added the stock: 3 Total no. of active schemes that held the stock: 4 Schemes that newly added the stock: WOC Mid Cap, WOC Tax Saver and WOC Flexi Cap Fund
Sequent Scientific
No. of schemes that newly added the stock: 3
Total no. of active schemes that hold the stock: 4
Schemes that newly added the stock: WOC Mid Cap, WOC Tax Saver and WOC Flexi Cap Fund
FDC No. of schemes that newly added the stock: 2 Total no. of active schemes that held the stock: 11 Schemes that newly added the stock: ICICI Prudential Multicap and ICICI Prudential Manufacturing Fund
FDC
No. of schemes that newly added the stock: 2
Total no. of active schemes that hold the stock: 11
Schemes that newly added the stock: ICICI Prudential Multicap and ICICI Prudential Manufacturing Fund
Thyrocare Technologies  No. of schemes that newly added the stock: 2  Total no. of active schemes that hold the stock: 7  Schemes that newly added the stock: Nippon India Consumption and Nippon India Small Cap Fund
Thyrocare Technologies
No. of schemes that newly added the stock: 2
Total no. of active schemes that hold the stock: 7
Schemes that newly added the stock: Nippon India Consumption and Nippon India Small Cap Fund
Dhuraivel Gunasekaran
first published: Nov 25, 2022 08:00 am