SMALLCASES

Subject: Economics

Concept:

A smallcase is a basket of stocks that may reflect a particular investment theme, idea or a sector. So, a dividend-yield smallcase may be made up of high dividend paying stocks and an IT smallcase, of leading software firms.
Smallcase today hosts dozens of ready-made portfolios and investing strategies that have been created by SEBI-licensed professionals such as brokers and research analysts, using quantitative models and algorithms to screen and weight constituents.
Smallcase, which provides infrastructure to the creators of these portfolios, is partnered with all leading brokerages including Zerodha, HDFC Securities, Kotak Securities, Axis Direct, Edelweiss and Angel Broking.
While some brokerage houses curate their own in-house smallcases, some rely on smallcases built by a subsidiary of Smallcase, Windmill Capital.
To invest in smallcases you need a demat account. When you buy/sell a smallcase, the stocks/ETFs featuring in it will be credited or debited to your account.
The minimum investment amount may vary depending on the stocks that make up a smallcase. Once a smallcase is chosen, you can invest a lumpsum or choose to run a systematic investment in it.
Standard brokerage charges are applicable. In addition, there will be a nominal, one-time registration fee of ₹100-150.