Why should you invest in this smallcase?
India has the second highest number of internet users in the world ], next only to China. Data penetration in India currently stands at approximately 35% of the population.
- Government programs like Digital India aim to increase internet connectivity within the country
- Such programs have seen high budgetary allocations and the government has also launched incentive schemes to promote local manufacturing of electronics and IT hardware
- Internet subscribers in India have increased at an annual rate of 50% over the last decade
- Growing per capita income and an expanding technologically-savvy user base has increased demand for high-speed internet and pushed up the usage of data
This smallcase consists of companies like data providers, equipment manufacturers and infrastructure enablers working in the data chain and enabling higher internet penetration in India. The smallcase also contains broadcasting companies that will benefit from higher digital penetration.
Past PerformancePerformance vs
Current value of Returns on ₹ 100 invested once 4 years ago would beare