World Snap

Pharma, tech funds give outstanding returns

I read an interesting article on pharmawatchdogs.com and it taught me that Sensex has largely been range-bound in recent months, rising by a mere 2% between September 30, 2009? and April 20, 2010, but some sectoral mutual fund schemes, especially in? pharma and technology space, have given returns of over 20% in this period.? Riding the outperformance by pharmaceutical stocks in the recent past, mutual fund schemes dedicated to pharma sector have also delivered good returns. Reliance Pharma Fund and Franklin Pharma Fund have given returns of as high as 36%. On…

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