This smallcase comprises companies that are catering to India’s increasing affinity for luxury goods and services.
Investment Rationale
Rising disposable income, improving brand awareness and increasing purchase power have changed India’s spending habits.
- There is a surge in expenditure on luxury goods and services, a trend that is expected to continue
- These goods and services include high-end jewellery, high-brand cosmetics, apparels, luxury cars, consumer electronic goods, etc
This smallcase comprises companies that are catering to India’s increasing affinity for luxury goods and services.
