About the smallcase
The metals and mining sector serves as the backbone of India's industrial and infrastructural growth. The sector provides essential raw materials to various industries – from cement in construction to steel in the automobile sector.
India is blessed with vast reserves of both metallic and non-metallic minerals, providing a solid foundation for the growth of the metals and mining sector.
Rise in infrastructure development, construction, electricity demand, and automobile production are driving the growth of the Indian metal sector.
The government has created several favourable policies such as The Mines and Minerals Development & Regulation Act (MMDR) 2021, along with the National Mineral Policy, 2019 to facilitate the growth of the metals and mining sector. The policies help to streamline mining operations, enhance transparency, and promote sustainable practices.
100% FDI is allowed in the mining sector and exploration of metal and nonmetal ores under the automatic route.
This smallcase comprises aluminium, copper, manganese, iron & steel and diversified companies to allow investors to efficiently track and invest in the metals and mining sector.
Live Performance vs
Apr 4, 2016
Note: Live performance includes rebalances. It is a tool to communicate factual return information and should not be seen as advertisement or promotion.