Closed smallcase
The manager has closed this smallcase for fresh subscribersExisting subscribers can still access the smallcase details & choose to continue investing in it
Reason for closing:
Temporary pause on new subscriptions of SenSage Smallcases due to uncertainty on compliance with SEBI Advertisement Code guidelines.
Minimum Investment Amount
₹ 86,794
About the smallcase
- This smallcase meets the basic stipulations as commonly agreed and approved by contemporary Shariah scholars across the globe and is approved by ShariahCap Advisors LLP
- All investments will be withdrawn from the smallcase, which was shariah-compliant at the time of making investments but subsequently became Shariah non-compliant whether on business or financial parameters or both. Such investments will be withdrawn within 60 days of the company being declared Shariah non-compliant. The change will be made at the time of re-balancing and reason for exit of the company will be indicated with reason (i) Shariah Reason (SR) or (ii) Other Reason (OR).
- Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan and China. India accounts for ~16% of the world production of dyestuffs and dye intermediates. Indian colorants industry has emerged as a key player with a global market share of ~15%. ranks 14th in exports and 8th in imports at global level (excluding pharmaceuticals).
- Rise in demand from end-user industries such as food processing, personal care and home care is driving development of different segments in India’s specialty chemicals market.
- "Make in India" initiative is likely to grow in the Indian chemical industry over the next decade.
- For full compliance with shariah law investors are required to purge the pro-rata portion of interest income accrued on their holding of shares in a company.
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Closed smallcase
The manager has closed this smallcase for fresh subscribersExisting subscribers can still access the smallcase details & choose to continue investing in it
Reason for closing:
Temporary pause on new subscriptions of SenSage Smallcases due to uncertainty on compliance with SEBI Advertisement Code guidelines.
Minimum Investment Amount
₹ 86,794