For example, Brand Value is a smallcase representing prospects of increasing branded products in India with the spending habits of the Millenials. Stocks included in the smallcase have strong brands that would get benefit from such increasing consumption and the purchasing power of India.
Each smallcase has the following attributes to understand it better
Index Value: Every smallcase index starts from 100 and represents the return generated by the smallcase since its inception. For Rising Rural Demand, an index value of 270.27 tells that it has generated a return of 170.27% [(270.27-100)/100] since inception.
You can also view the daily % change next to the index value. In this case, the smallcase is up by 0.64%.
Returns: CAGR (Compounded Annual Growth Rate) indicates the average yearly return generated by a smallcase from the date of inception. In the above example, it's 22.23% since inception.
Minimum Amount: It suggests the minimum amount required to achieve the prescribed weighting scheme of the smallcase. To maintain the prescribed weighting scheme of Brand Value smallcase, a minimum of ₹15,099 needs to be invested. This amount changes in real-time based on the current prices of the stocks in the smallcase
Rationale: Each smallcase has a sound rationale & reasoning for why it was created and why you should invest in it. This section also shows you the methodology used to create the particular smallcase (How is this smallcase built?)
smallcases are similar in concept to Mutual Funds & ETFs, but provide you with more control & are cost-efficient as well. Read more here
Finding your smallcase
- Filter & Sort - from the line-up of all smallcases to find your favourite one
- Collections - Explore groups of smallcases around a common thread