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.

Past Performance vs 

Equity Large Cap

1m1y3y5ymaxSIP
Current value of ₹ 100 invested once
at launch

Apr 4, 2016

would be
Banking Tracker
₹ 159.27
Equity Large Cap
₹ 202.80
201720182019202020212022100120140160180200220

Note: All performance graphs & numbers are calculated using only the live data and includes rebalances. Past performance doesn't include cost or guarantee future returns.