Companies to efficiently track and invest in the IT sector
Investment Rationale
India remains one of the world’s top sourcing destinations, with a rapidly expanding technology industry. The IT industry accounted for 7% of India’s GDP, as of FY24. India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country's GDP.
- Indian IT & ITeS companies have set up over 1,000 global delivery centers in over 80 cities around the world.
- Revenues of the IT Business Process Management industry are estimated to be at around US $254billion in FY24. The industry is expected to grow to US $350 billion by 2026
- India's IT exports are projected to reach $210 billion in the 2024-25 financial year, representing 18% of global IT outsourcing spending
This smallcase comprises IT & ITeS and online services companies to allow investors to efficiently track and invest in the information technology sector.
About the Manager
smallcase is played out
This smallcase is not being tracked and will not have any further rebalance updates
Reason for played out:
This smallcase has been mapped to its parent smallcase and hence this version is being played out as it will no longer have any rebalance updates
Min. Amount
₹ 1,19,922
Minimum Investment Amount
It is the least amount required to invest in all stocks of this smallcase as per the weights
₹ 1,19,922
