About the smallcase
Murugappa group started as a money lender in 1900 in present day Myanmar. Subsequently the group diversified into textiles, agriculture and financial services. At the time of the 2nd world war the company moved its assets into India and established its headquarters in present day Chennai.
Currently the company has a presence across sectors like agriculture, engineering, financial services, textiles, etc. and employs over 53,000 people. For FY22, the group has posted a turnover of Rs.54,722 crore and a net profit of Rs.5,520 crore, registering year on year growth of 31% and 23% respectively.
This smallcase will provide exposure to a diverse group of efficiently managed, fast growing companies.
Past Performance vs
Jul 14, 2022
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.