Why should you invest in this smallcase?
India is an emerging economy with a growing middle class with 45 crore people expected to be added to this category in the next 15 years.
- Rise in middle class population leads to increased discretionary income, which is the portion of individual’s income that is left after spending on necessities like food and rent
- This income gets spent on luxury items like skin care products, branded clothes, entertainment, etc
- Expected increase in discretionary spending over the next decade will directly affect categories like transportation, food & beverage, entertainment & leisure facilities
This smallcase includes companies that are expected to benefit from the growth in the Indian middle class.
Past Performance vs
Mar 3, 2014
Past performance doesn't guarantee future returns & is inclusive of all rebalances. Download chart