Why should you invest in this smallcase?
The infrastructure sector is a key driver for the Indian economy as it is responsible for propelling India’s overall development and enjoys intense focus of the government.
- For sustainable development of the country, India requires Rs.50 trillion (US$ 777.73 billion) investment in it's infra sector by 2022.
- As part of Budget 2021-22, an enhanced outlay of ₹1.18 lakh crores for Ministry of Road Transport and Highways has been provided, of which ₹1.08 lakh crores is for capital expenditure - the highest ever
- By March 2022, 8,500 kms of road projects will be awarded and an additional 11,000 kms of national highway corridors will be completed
- 100% FDI is permitted under the automatic route across various infrastructure sectors
- India is expected to become the third largest construction market globally by 2022.
- FDI in the construction development sector (townships, housing, built up infrastructure and construction development projects) and construction (infrastructure) activities stood at US$ 25.66 billion and US$ 16.84 billion, respectively, between April 2000 and March 2020.
- India is the world’s second largest cement producer. The county's overall cement production capacity was nearly 545 million tonnes (MT) in FY20 and accounted for over 8% of the global installed capacity in FY20.
This smallcase comprises construction & engineering, water management, cables, ports and cement companies to allow investors to efficiently track and invest in the infra sector.
Past Performance vs
Mar 3, 2014
Note: Past performance graph includes changes due to rebalance, events like stock splits & mergers. Also, past performance doesn't guarantee future returns