Why should you invest in this smallcase?
Indian companies across sectors like pharmaceuticals, chemicals, auto & auto ancillaries, etc have been investing heavily into R&D to develop sustainable competitive advantage and become future-ready.
- Research and development (R&D) expenditure in India is anticipated to grow from 0.9% of the GDP in 2014 to 2.4% of the GDP by 2034
- Government has also been providing tax incentives and policy support to encourage companies to invest more into R&D
- This smallcase consists of companies focused on innovation whose R&D expenditure as a percentage of sales has been consistently above their sector averages
- These companies also record more than 10% increase in their absolute spending on R&D over the years
This smallcase comprises companies that are spending on R&D to build innovative, future-ready goods and services.
Past PerformancePerformance vs
Current value of Returns on ₹ 100 invested once 4 years ago would beare
Past performance doesn't guarantee future returns & is inclusive of all rebalances.Download chart