ICICI Prudential Nifty Pharma ETF Exchange Traded Fund Units (IN:PHARMAIETF) Price & Chart

ICICI Prudential Nifty Pharma ETF Exchange Traded Fund Units

ICICI Prudential Nifty Pharma ETF is a sector-focused exchange-traded fund that provides targeted exposure to the Pharmaceuticals segment of India’s healthcare industry. The fund seeks to replicate the performance of the Nifty Pharma Index by investing in a diversified basket of listed Indian pharmaceutical companies, including businesses involved in drug manufacturing, research, healthcare products and related activities. It aims to deliver returns, before expenses, that closely correspond to the total returns of the underlying index, subject to tracking error. As a focused sector ETF, it offers convenient market-based access to the pharmaceutical theme but may be more sensitive to industry-specific factors such as regulatory changes, pricing pressures, product approvals, patent developments and export-market conditions than a broad-market fund.