Why should you invest in this smallcase?
Industry reports states that the Indian insurance industry will grow four-fold in the next 10 years from its current size of USD 60 billion.
- Insurance penetration in India was expected to cross the 4% mark in 2017, which is below the 2015 global average of 6.2%
- Insurance penetration and density are expected to grow in the coming years and studies report that India is one of the top insurance markets among emerging economies
- India’s burgeoning middle class, progressively young population and increasing awareness about financial well-being will drive the insurance industry
- Several insurance companies have gone public in the past couple of years
This smallcase comprises listed insurance companies to allow investors to efficiently track and invest in the insurance sector.
Past PerformancePerformance vs
Current value of Returns on ₹ 100 invested once 1 year ago would beare