Companies benefiting from India’s secular growth in wealth and financialization of savings
Investment Rationale
India’s capital markets are experiencing unprecedented growth, driven by rising retail participation, increasing demat accounts, and higher trading volumes.
With over 18 crore demat accounts and a mutual fund industry that has grown more than fivefold in the last decade, the financial ecosystem is expanding rapidly.
This structural shift is powered by greater financial awareness, digitization, and supportive regulatory policies. As more Indians invest, trade, and participate in capital markets, the businesses facilitating these activities—stock exchanges, brokers, asset & wealth managers, as well as market infrastructure providers—are well-positioned to benefit.
The Capital Markets Tracker smallcase provides exposure to companies that are at the forefront of this transformation. By investing in key enablers of India’s financial deepening, this portfolio captures the long-term growth potential of the capital markets ecosystem.
