Why should you invest in this smallcase?
The Government’s ‘Smart City Mission’ was launched in 2015 with an aim to revamp and transform 100 cities to the highest level of urbanisation
- Allocation towards Smart Cities Mission (in conjunction with AMRUT, another urban development scheme) was increased by 40% to ₹13,750 in Budget 2020-21
- India requires smart cities because of rapid urbanisation, which exerts immense pressure on urban infrastructure and quality of life in cities.
- Smart cities will be developed to improve the standard of living through excellent public transportation, efficient energy and water supply, modern sanitation facilities, core infrastructure and a safe, secure & stable environment
This smallcase has companies that are participating in this project & will help build smart cities that will improve the quality of life of urban India.
Past Performance vs
Mar 3, 2014
Past performance doesn't guarantee future returns & is inclusive of all rebalances. Download chart