BFSI Emerging Mid-caps smallcase

If there’s one sector that has infiltrated and impacts every other industry, it’s the Banking, Financial Services & Insurance (BFSI) industry. No matter what a company might be manufacturing/creating and selling, they have to interact & do business with at least one entity from the BFSI industry, most commonly a bank.

While banks are the flag-bearers of this sector, the other 2 are poised to rapidly grow in the coming few years. With increasing financial awareness, penetration in the equities & fixed income space is increasing, there is an increase in the number of businesses offering niche financial advice to businesses as well as retail investors. And the insurance sector is also witnessing good growth as more domestic & foreign players spice up the competition and leverage technology to reach to the millions of Indians who are currently uninsured.

As per an ASSOCHAM and IndiaFirst Life Insurance report, millennials make-up 47% of India’s working population and they will be the primary contributors to economic growth whether as consumers, entrepreneurs or investors. This could be good news for the Banking, financial services and insurance industry (BFSI) as consumption will boost spending, new businesses will require capital and more investments would overall strengthen the finance sector.

The banking and financial services sector is also gearing up for the future by adopting modern technology focusing not just on improving customer experience but also optimizing internal operations. 

You can take advantage of the growth potential of the BFSI sector with the BFSI Emerging Mid-caps smallcase. In this smallcase, we have identified selective stocks in the Emerging BFSI space focusing on their performance, management, risk-reward, and potential. All the stocks have been chosen after analyzing their future growth & expansion potential. 

Some of the stocks in the smallcase are 

●Bank of Baroda Ltd., 

●LIC Housing Finance Ltd., 

●SBI Life Insurance Company Ltd., etc. 

In just 1 click, you can invest in all the stocks in the right weighting scheme as well as get periodic rebalance updates and set up an SIP for systematic investing.