Top healthcare stocks that keep mutual funds in the pink of health

The mutual fund schemes that primarily invest in pharmaceutical and healthcare stocks have fared well over the last 15–18 months, following a disappointing performance in 2022. This cluster has been one of the top three performers within the sector and thematic categories in the last two years. In the recently held PMSBazaar's PMS conclave in Chennai, Tarun Sharma, head of healthcare and consumer at 360 ONE Asset Management Private Equity, said, “The Indian Healthcare industry has been growing at a robust pace, driven by increasing incidence of chronic diseases combined with increasing affordability of care due to increasing incomes and deepening insurance penetration. This sector has also been among the most attractive sectors for private equity exits in India. Over $3.5 billion delivered in exit value in 2023”.
Here are the top healthcare services players among the portfolio of 15 pharma and healthcare sector mutual funds schemes. Data as of July 31, 2024. [Source: ACEMF]

Apollo Hospitals Enterprise
No. of pharma and healthcare funds holding the stock: 11

Fortis Healthcare
No. of pharma and healthcare funds holding the stock: 11

Also see: Mid-caps beat small-caps in the long term. Here are top performing mid-cap funds

Vijaya Diagnostic Centre
No. of pharma and healthcare funds holding the stock: 9

Krishna Institute of Medical Sciences
No. of pharma and healthcare funds holding the stock: 7

Also see: 10 smallcap stocks that multi-asset allocation MFs love to hold

Max Healthcare Institute
No. of pharma and healthcare funds holding the stock: 7

Aster DM Healthcare
No. of pharma and healthcare funds holding the stock: 6

Also see: Small- and mid-cap stocks powering the best-performing PMSes

Jupiter Life Line Hospitals
No. of pharma and healthcare funds holding the stock: 6

Dr. Lal Pathlabs
No. of pharma and healthcare funds holding the stock: 5

Also see: Playing safe: 10 largecap stocks that PMS managers added in July

Rainbow Children's Medicare
No. of pharma and healthcare funds holding the stock: 4

Metropolis Healthcare
No. of pharma and healthcare funds holding the stock: 4

Also see: Why are Sovereign Gold Bonds trading at 5-12% premium?

Thyrocare Technologies
No. of pharma and healthcare funds holding the stock: 4

Healthcare Global Enterprises
No. of pharma and healthcare funds holding the stock: 4

Also see: Nasdaq, Nasdaq Next, FANG, Total Market and Value: How to get the best out of US focused MFs?