A smallcase is a portfolio of stocks that reflects a theme, idea or strategy. It ranges from long term trends like rising middle class consumption or growing luxury goods & services market; or simply an investment strategy based on fundamental criteria like earnings growth or dividends. Stocks included in a smallcase are expected to perform well as the theme plays out.

For example, Dividend Aristocrats is a smallcase that consists of companies which have increased their dividend payout consecutively for last 10 years.

Each smallcase has the following attributes to understand it better

Index Value: Every smallcase index starts from 100 and represents the return generated by the smallcase since its inception. For Dividend Aristocrats, an index value of 234.99 tells that it has generated a return of 134.99% (234.99-100) since its inception. You can view the inception date of the smallcase under the Overview.

Returns: CAGR (Compounded Annual Growth Rate) indicates the average yearly return generated by a smallcase from the date of inception. In the above example, it's 19.40% since inception.

Minimum Amount: It suggests the minimum amount required to achieve the prescribed weighting scheme of the smallcase. To maintain prescribed weighting scheme of the Dividend Aristocrats smallcase, a minimum of  ₹26,637 needs to be invested. This amount changes in real-time based on the current prices of the stocks in the smallcase

Rationale: Each smallcase has a sound rationale & reasoning for why it was created and why you should invest in it. This section also shows you the methodology used to create the particular smallcase. 

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