About the smallcase

The Indian auto industry is one of the largest in the world, accounting for ~7.5% of the country's GDP. During FY2021, 2.2 crore automobiles were produced in the country. India is also a prominent auto exporter. Exports across all vehicle categories have increased over the past year, with Passenger Vehicles witnessing a 42% jump from 2021 to 2022. The auto component manufacturing industry accounts for 2.3% of India's GDP. Automobile components export from India is expected to reach US$ 80 billion by 2026, from the current level of US$ 7.35 billion. Sales of electric vehicles have also been on the rise. From just about 25,000 units in the FY2016-17 period, sales of electric vehicles have increased to 4,28,217 units in the FY2020-2021 period. 

A growing and aspirational middle class is driving the growth of the industry. Favorable policies by the govt. - like the Vehicle Scrappage Policy - will help boost demand for the sector. It is estimated that over 51 lakh vehicles, both private and commercial, are over 20 years old. As part of the scrappage policy, their removal from the roads will likely result in replacement demand for new vehicles.

This smallcase comprises automobiles, auto parts, batteries and tyre companies to allow investors to efficiently track and invest in the automobile sector.

Live Performance vs 

Current value of ₹ 100 invested once
at launch

Apr 4, 2016

would be
Auto Tracker
₹ 190.79
Equity Large & Mid Cap
₹ 266.76

Note: Live performance includes rebalances. It is a tool to communicate factual return information and should not be seen as advertisement or promotion.

Understand smallcase costs and returns

Understand smallcase costs and returns