About the smallcase

The Indian banking system consists of 12 public sector banks, 22 private sector banks, 46 foreign banks, 56 regional rural banks, 1485 urban as well as multi state cooperative banks, besides the cooperative credit institutions.

As of FY2021, the total banking sector assets, in India, stood at US$ 2480 bn. Between FY2016 and FY2021, credit off take grew at a CAGR of 0.29% to US$ 1487.60 bn and the deposit base grew at a 12.38% CAGR to US$ 2060 bn.

  • Growing disposable income has been driving the demand for banking services as well as housing and personal loans. 
  • Government has also been keen on ensuring financial inclusion and has operationalized several measures like Pradhan Mantri Jan Dhan Yojana, launching of financial inclusion index etc. 
  • To further consolidate the financial capacity of Public Sector Banks (PSBs), a recapitalization of ₹20,000 crores is proposed in Budget 2021-22.
  • Strong regulatory oversight and credible monetary policy of the Reserve Bank of India has allowed for stable growth of the banking sector in India. 
  • Growth in "Other Income" and increasing digital influence are some of the other positive trends in the Indian banking space. 

This smallcase comprises private and public sector banks to allow investors to efficiently track and invest in the banking sector.

Live Performance vs 

Equity Large Cap

Current value of ₹ 100 invested once
at launch

Apr 4, 2016

would be
Banking Tracker
₹ 210.08
Equity Large Cap
₹ 234.79

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