What are Smallcases ?
__smallcases are modern investment products that help you build a low-cost, long-term & diversified portfolio easily. Created by professionals, each smallcase is a ready-made basket of stocks/ETFs that reflects a theme, strategy or objective.
How to invest in Smallcases?
__A trading & demat account with any of our broker partners is all you need. Start exploring smallcases. Once you have chosen a smallcase, click the Buy smallcase button & proceed. You can set filters to find a suitable smallcase or simply use the Find your smallcase tool.
Fees and Taxes
__The charges for investing in smallcases are as per the broker’s guidelinesand only apply when you transact.Visit the help page on your broker platform for more information.
For smallcases of stocks, the taxes are the same as equities - Long-Term Capital Gains (> 1 year of holding) are 10% of the total gains (if gains for the year exceed ₹1 lakh) and Short-Term Capital Gains (< 1 year of holding) are 15% of the total gains.
For ETF smallcases, each ETF has its own taxation. Check the smallcase FAQs on your broker platform for a breakdown of the ETF taxes.
Can I buy Smallcases as a SIP?
__Yes, you can buy and start a SIP in a smallcase in 1 click. You'll see an option to start SIP while buying the smallcase. We'll send you a reminder notification on the platform aswell as an email on the due date; just confirm the payment and done. SIPs start for as low as 5k!
_Do you get dividends on Smallcases?
__Dividends for any of the constituent stocks in the smallcase will be credited directly to your bank account. We also have smallcases centered around dividend investing. See how you can track your dividend returns.
What is Rebalancing?
__Rebalancing is the process of reviewing the stocks/ETFs of a smallcase to ensure that it continues to reflect the underlying original idea. It takes into account fundamental factors,company updates, etc. to objectively narrow down on the right stocks/ETFs & their weightage.
Rebalancing is done by the research team/creator of the smallcase as per its schedule. It is not an automatic process; you would be notified via email when a smallcase you have invested in has a rebalance update available. You can review the changes and apply the update in 2 clicks. Want to learn more? See our blog on Rebalancing 101.
_Who manages Smallcases?
__smallcases are created & managed by SEBI-registered professionals who eat, sleep & breathe the stock market.The constituents in every smallcase pass stringent proprietary filters so that you don’t have to worry about making individual choices. Watch this video for more.