About the smallcase
According to Stockholm International Peace Research Institute, with $73 billion annually, India has the third largest defence budget in the World. Current domestic production is around INR 80,000 crores. The DPEPP 2020 plans to raise this to INR 175,000 crores and exports of INR 35,000 crores by 2025. The way to take exposure is via a curated portfolio of defence companies with strong technology moats, such as, torpedoes and missiles, aircraft carrier, fighter jets, submarines, electronic systems, etc.
You can also watch the short video to get a further idea about the smallcase. https://www.youtube.com/watch?v=ZRlR5lQYm-8
A more in-depth discussion of the opportunity can be seen in the following video:
The research report on Bharat Defence lays out the full rationale of this growth vector.
Past Performance vs
Jan 7, 2021
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.