Why should you invest in this smallcase?

The government plans to achieve the sale of 60-70 lakh hybrid and electric vehicles every year from 2020 onwards.

In January 2013, the National Electric Mobility Mission Plan (NEMMP 2020) was announced to incentivise the use and production of electric vehicles

  • Government also adopted the FAME India scheme to support the market development and manufacturing of electric vehicles
  • This scheme will focus on technology development, pilot projects, demand creation and charging infrastructure
  • Central Government is also expected to roll out a national policy for electric vehicles to lay down standards for production and incentives for usage as well as set up plans to incentivise the use of electric vehicles
  • Push for electric mobility will involve companies from diverse segments like 2- and 4-wheeler manufacturers, oil and gas refining companies, chemical manufacturers, etc

This smallcase comprises companies that are investing in the electric vehicle ecosystem and are expected to grow with growth in electric mobility

Know how this smallcase was created

Factsheet 

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Created by smallcase Research

Past PerformancePerformance vs 

one timemonthly sip
one timemonthly sip

Current value of Returns on ₹ 100 invested once 4 years ago would beare

smallcase40.09%
₹ 140.09
NIFTY Midcap20.37%
₹ 120.37
smallcase
40.09%
NIFTY Midcap
20.37%
Comparing:  smallcase with NIFTY Midcap
1m6m1y2y3y4ymax
October2016AprilJulyOctober2017AprilJulyOctober2018AprilJulyOctober2019AprilJuly100120140160180200220

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