Why should you invest in this smallcase?

Affordable housing refers to existing and future housing units that come under the Pradhan Mantri Awas Yojana (PMAY), which was launched in 2015.


  • The scheme was launched with the aim of building 2 crore affordable houses over a period of 7 years for the lower income segment
  • Budget 2020-2021 allocation to PMAY increased by 8% to ₹27,500 crores
  • Affordable housing projects were granted ‘infrastructure status’ earlier in Budget 2017, which ensured lower cost of borrowing for developers, thus encouraging them to take such projects
  • Developers engaged in affordable housing projects also do not have to pay GST
  • Furthermore, they can claim 100% deductions on profits if they meet certain conditions, making this a valuable proposition for many real estate developers


This smallcase consists of stocks from segments like housing finance companies focused on financing low and middle income segments, real estate developers constructing affordable houses and cement & building products companies.

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Factsheet 

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Past Performance vs 

1m6m1y2y3y4ymaxSIP
Current value of ₹ 100 invested once 
on inception

Mar 3, 2014

of this smallcase would be
Affordable Housing
₹ 250.25
Equity Mid & Small Cap
₹ 207.64
201520162017201820192020100150200250300350

Launch

Past performance doesn't guarantee future returns & is inclusive of all rebalances. Download chart