About the smallcase
- India emerging as the 'Global Pharmacy ' of the world.
- For example, Indian pharma sector accounts for over 50% of global demand for various vaccines, 40% of generic demand in the US and 25% of all medicine in the UK.
- Generic drugs, over-the-counter medications, bulk drugs, vaccines, contract research & manufacturing, biosimilars, and biologics are some of the major segments of the Indian pharma industry
- According to the Indian Economic Survey 2021, the domestic market is expected to grow 3x in the next decade. Source: ibef.org
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.
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