What is Physalis? What is Physalis good for? All fruits are good for health but some have a better a nutritional value as compared to others. Filled with essential nutrients, Physalis fruit acts as a remedy for various health problems. Some of the Physalis Benefits are: anti-oxidant properties, anti-inflammatory properties, maintains healthy cholesterol level, reduces blood circulation problems, treatment of cough, fever & sore throat, treatment of hypertension and cancer prevention and its general health benefits are: treatment of asthma, treatment of cataract, treatment of hepatitis, treatment of macular degeneration and treatment of neurodegenerative diseases. It can also be used for nourishment of skin and hair. Some skin benefits are treatment of rheumatism & dermatitis and treatment of skin inflammation and hair benefits are unknown. If this fruit is consumed in excess or if you are intolerant, you might experience some side effects or allergies. Physalis side effects are: hypertension and ventricular tachycardia and its allergy symptoms are na. Keep reading to get all the necessary information about Physalis.