Companies to efficiently track and invest in the auto sector
Investment Rationale
India’s automotive industry has been a critical contributor to the growth of the Indian economy, besides facilitating the basic mobility of Indians. The auto sector also generates export revenues and supports numerous other MSMEs that operate in the auto ancillary and metals industry.
- The automobile industry in India is one of the largest and fastest-growing sectors contributing to 7.1% of India’s GDP
- The Indian automotive industry is projected to grow to US$ 300 billion by 2026
- India holds a dominant position in the global heavy vehicles market, ranking as the world's largest tractor producer, the second-largest bus manufacturer, and the third-largest heavy truck manufacturer
- The automobile industry is poised for steady growth, driven by the rising middle-class population, increasing disposable incomes, and the government’s push for electric vehicles
This smallcase comprises automobiles, auto parts, batteries and tyre companies to allow investors to efficiently track and invest in the automobile sector.
About the Manager
smallcase is played out
This smallcase is not being tracked and will not have any further rebalance updates
Reason for played out:
This smallcase has been mapped to its parent smallcase and hence this version is being played out as it will no longer have any rebalance updates
Min. Amount
₹ 1,45,876
Minimum Investment Amount
It is the least amount required to invest in all stocks of this smallcase as per the weights
₹ 1,45,876
