whiteoak: ETMarkets Fund Manager Talk: Several microcap, smallcap cos trading much ahead of their fair valuation: WhiteOak Capital

"Consumer discretionary is a long-term structural theme with the availability of many diverse sets of niche businesses. Indias per capita income is less than $2500, which is very low compared to many other countries, but it is expected to grow rapidly over this decade. With rising per capita incomes, discretionary consumption grows meaningfully."

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