India Consumption Fund from BNP Paribas

*BNP Paribas India Consumption Fund* (Open ended Equity Fund).

_*✨NFO Open on 17th Aug 2018✨*_

_*✨NFO Closes on 31st Aug 2018✨*_

*Fund Features*

👉 The Fund shall be investing in secular growth stories aided by rising aspirations, high income levels, high working age population, digital influence, financialisation, policy reforms and urbanization to name a few.

👉Pure bottom-up stock picking approach focusing on companies having strong competitive advantage, with high earnings visibility over the long run. These are businesses which interact directly with their consumers, i.e., following primarily a B2C (business-to-consumer) model.

👉 Thematic fund with consumption as a core theme with minimum 80% of the net assets in the investible universe

👉Fund intends to participate across market capitalizations

_*Investable Universe*_

Auto, Banks, Cements, Construction (real estate), Consumer durables, Consumer non-durables, Fertilizers, Finance, Gas (consumer oriented gas distribution), Healthcare services, Hotels, Media & entertainment, Retail pharmaceuticals, Retailing, Telecom services, Textile products, Textiles – cotton, Textiles – synthetic and transportation and other B2C business.

_*Drivers of Consumption*_

👉Job Creation.
👉 Urbanisation.
👉Rising Per Capita Income.
👉Rising Aspiration.
👉Changing need of consumer.
👉Access to Credit.
👉Financialisation.
👉Digital Influence.

_*Enablers for Consumption Growth*_

💥GST.
💥 Direct Benefit Transfer.
💥Financial Inclusion Jan Dhan Yojana.
💥 Job Creation.
💥Doubling of farm income.
💥Open up FDI in several sector.
💥Smart city mission/Affordable Housing.
💥Improve Connectivity.

"Mutual fund investments are subject to market risks, read scheme related documents carefully."