(i)In a post-Covid-19 world, there is a growing recognition amongst people in India about the need and benefits of taking health and life cover for themselves and their near & dear.

(ii)Rising Healthcare costs in India is also partially contributing to the rise in demand for insurance products across 'Health Insurance and 'Life Insurance domains.

(iv)With increased awareness and rising per-capita incomes, the current (low) penetration levels at about 3% (by population nos.) is also likely to improve in the coming decades, which may augur well for the insurance industry as a whole.

Note: Being a thematic smallcase, this smallcase is likely to have fewer stocks/ETFs. Suggested (not mandatory - completely discretionary in your hands) amount of investment is of the order of Rs. 1.00 Lakh. It can be higher or lower based on individual's investible surplus, risk appetite , risk capacity, risk profile, asset allocation framework etc. This is a research recommendation in that sense. Conditions apply.