Last Updated on: 15 Jul 2024
Green Energy
A portfolio of stocks, which will get benefit from the Renewable
Energy sector development.
3Y CAGR
High Volatility
76.78%
smallcase rationale
A portfolio of stocks, that will benefit from energy transition from fossil fuel-based
sources to renewable sources. This transition in power generation is driving
development across the entire value chain of the sector, particularly in the
transmission and distribution segments. This includes significant modernization in
grid infrastructure to improve grid stability and enhancements in distribution
networks to improve their efficiency.
Our smallcase also includes stocks benefitting from electric mobility and recycling
industry.
Major Investment Rationales -
• The government targets 500 GW of installed renewable capacity by 2030 which
requires annual installation of 27 GW and 9GW of solar and wind.
• As India and other countries modernize their grids, opportunities for towers,
smart meters, transformers, etc. emerge to curtail disruptions and meet escalating
demand.
• India’s EV market provides direct and indirect opportunities as it expects a 49%
CAGR between 2022 and 2030, with an estimated 10 million annual sales by 2030.
• The Plastic, e-waste, and battery recycling market is expected to drive India’s
circular economy initiative, and will grow at a CAGR of 25% to reach a size of US
$20 billion by 2030.
Recommended Investment Amount > Rs. 4 Lakhs
Created by SEBI Reg. Number Subscription Type
Niveshaay INA000017541 Paid
Methodology
Defining the universe
All publicly traded companies on the National Stock Exchange of
India are included in the universe
Research
The team does in-depth research to decide the criteria to be used
for constituent screening
Constituent Screening
The research team does individual stock picking after going
through company reports and financials and decides on a host of
qualitative and quantitative parameters to be considered while
screening stocks for the respective strategy
Weighting
Following parameters are considered while assigning weights to
stocks in this smallcases
Market capitalization
Management quality and vision
Theme exposure, revenues and earnings visibility
Rebalance
This smallcase will be rebalanced on an as-needed basis
Ratios
Ratio smallcase Equity Smallcap
PE Ratio 53.28 35.24
PB Ratio 8.15 4.24
Sharpe Ratio 3.32 0.97
Dividend Yield (%) 0.25 0.51
Important Fields
Underlying Asset Marketcap Category Review Frequency
Stocks & ETFs Equity Smallcap Need Basis
Last Reviewed Next Review On
April 22, 2024 To Be Decided
Holdings Distribution
Midcap Smallcap Debt
4.00% 88.50% 7.50%
Live Performance vs Equity Smallcap
Green Energy vs Equity Smallcap
700
600
500
400
300
200
100
2022 2023 2024
Note: Live performance includes rebalances. It is a tool to communicate factual &
verifiable returns on behalf of the smallcase creator. It should not be considered as
an advertisement, promotion or claim.
Returns over various periods
6M Returns 1Y CAGR 3Y CAGR CAGR since launch
smallcase smallcase smallcase smallcase
51.35% 100.46% 76.79% 85.42%
Equity Small… Equity Small… Equity Small… Equity Small…
23.46% 68.47% 23.48% 29.56%
How to subscribe
How to invest
Definitions and Disclosures
CAGR
CAGR (compounded annual growth rate) is a useful measure of growth or
performance of a portfolio. Every year returns generated by a portfolio are
different. Let's say if a portfolio is live for 3 years and returns generated by the
portfolio are 5%, 15% & -7%, respectively in the first, second and third year. Then we
calculate CAGR as a return number that would give the same terminal investment
value at the end of three years, as we get when the portfolio gains by 5% & 15% in
the first two years and drops by 7% in the third year. The CAGR in this case would
be 3.94%. This means that you will always end up with the same investment value
at the end of the third year, if your portfolio gains by 3.94% every year or 5%, 15%
and -7%, respectively in the first, second and third year.
In simple words, it indicates the annual return generated by the smallcase from the
date of launch. For smallcases live for less than 1 year, absolute returns in the
applicable time period are shown. Only live data is considered for all calculations.
Returns and CAGR numbers don’t include backtested data.
P.S. - CAGR calculation methodology got updated from 25th Apr’22 on all smallcase
Platforms. Please read this post to understand the changes in detail
Volatility Label
Changes in stock/ETF prices on a daily basis result in fluctuations to the investment
value of your portfolio. In order to help investors understand the extent of
fluctuation they might observe with their smallcase investment, every smallcase is
categorized into one of the three volatility buckets - High, Medium and Low
Volatility. This is done by comparing the smallcase’s volatility against that of the
Nifty 100 Index.
If the daily change in the investment value of a portfolio is too drastic, it means
prices of stocks/ETFs in the portfolio are changing very rapidly. Such portfolios
have High Volatility. Investing in High Volatility smallcases means that changes in
your investment values can be very sudden and drastic, whereas fluctuations in the
investment value of Low Volatility smallcases are expected to be lower in
comparison.
For more information about how volatility is calculated, please check here
Segment
Stocks/ETFs belonging to a smallcase are categorized under different segments.
Weightage of a segment is calculated as sum of weights of all stocks belonging to
that segment. Suppose 4 stocks, with each having a weight of 10%, belong to the
Food Products segment. Then the weight of the Food Product segment in the
smallcase will be 40% (4*10)
For smallcases where manager has not prescribed any weights, equal weights are
assumed for calculations.
Review
Rebalancing is the process of periodically reviewing and updating the constituents
of a smallcase. This is done to ensure that constituents in the smallcase continue to
reflect the underlying theme or strategy
Categorisation of smallcase constituents
All smallcase constituents fall in one of the below categories:
Large Cap
Mid Cap
Small Cap
Multicap ETFs
Debt
Gold
Silver
Commodity
REITs/InvITs
All the stocks listed on NSE(National Stock Exchange) are arranged in decreasing
order of Market Cap, so that the stock with the largest market cap gets 1st rank.
Stocks ranked equal to or below 100 are categorized as large cap. Stocks ranked
below or equal to 250, but ranked above 100 are categorized as mid cap. Stocks
ranked above 250 are categorized as small cap.
Market cap categorisation of smallcases
If the sum of weights of gold, silver, commodity, debt or REIT/InvIT
constituents is greater than 50%, then smallcase is categorized as Non-equity
If the sum of weights of large cap constituents is greater than 50%, then
smallcase is categorized as Largecap
If the sum of weights of mid cap constituents is greater than 50%, then
smallcase is categorized as Midcap
If the sum of weights of small cap constituents is greater than 50%, then
smallcase is categorized as Smallcap
If the sum of weights of large cap constituents is greater than 30%, sum of
weights of mid cap constituents are greater than 30%, and sum of weights of
large cap and mid cap constituents are greater than 80%, then smallcase is
categorized as Large & Midcap
If the sum of weights of small cap constituents is greater than 30%, sum of
weights of mid cap constituents are greater than 30%, and sum of weights of
small cap and mid cap constituents are greater than 80%, then smallcase is
categorized as Mid & Smallcap
If none of the above conditions are met, then smallcase is categorized as
Multicap
For smallcases where manager has not prescribed any weights, equal weights
are assumed for calculations.
Comparison of live performance
To help investors make informed decisions, smallcase platform provide many
tools. One of the tools provided on the platform is the comparison of the live
performance of the smallcase. This comparison is a tool to communicate
factual return information and should not be seen as advertisement or
promotion. Following methodology is used to provide users different options
to compare the performance of the smallcases
All smallcases have an option to compare the live performance against returns
generated by Bank FDs, Inflation and Equity asset class
FD returns are calculated using the data available from RBI. The annual
data for 1-3 year deposit rates is considered. This data is used to compute
a daily index series, where the annual returns of the series correspond to
the annual deposit rates provided by the RBI. For instance, if the annual
deposit rates for year 1 is 6% and year 2 is 7%, the total return of the
series after 2 years is calculated as 1*(1+6%)*(1+7%) - 1 = 13%. This series is
also utilised to determine the CAGR between any 2 specified dates
Inflation returns are calculated using the data available from IMF. The
annual percent change in average consumer prices is considered. This
data is used to compute a daily index series, where the annual returns of
the series correspond to the annual inflation rates provided by the IMF.
For instance, if the annual inflation rates for year 1 is 6% and year 2 is 7%,
the total return of the series after 2 years is calculated as 1*(1+6%)*(1+7%) -
1 = 13%. This series is also utilised to determine the CAGR between any 2
specified dates
Equity returns represent the returns generated by Nifty 50 Index
All smallcases have an option to compare the live performance against the
returns generated by Equity Largecap section of the market - represented by
Nifty100 index
Each smallcase is categorized into one of the market cap categories using the
methodology explained in the section above. Following options are made
available, as per the marketcap category of the smallcase
Market Cap Category Comparable Option
Largecap Nifty 100
Midcap Nifty Midcap 150
Smallcap Nifty Smallcap 100
Large & Midcap Nifty LargeMidcap 250
Mid & Smallcap Nifty MidSmallcap 400
Multicap Nifty 500
General Investment Disclosure
All the information (including charts, ratios and performance) are provided only for
the smallcase created by SEBI registered entities authorized to do so. The
Company, on its own, does not make any claim of performance/returns for such
smallcases. The company only provides tools to these SEBI registered entities for
performance calculation of their recommendations based on this Returns
Calculation Methodology. All services with respect to research and
recommendations are provided by the respective SEBI registered entities. Charts
and performance numbers on the platform do not include any backtested data.
Investment in securities market are subject to market risks. Read all the related
documents carefully before investing. Investors should consider consulting their
financial advisor while considering any investment decisions.
Niveshaay Disclosures
NIVESHAAY INVESTMENT ADVISORS is registered with SEBI with INA000017541 as
the SEBI registration number. The registered office address of NIVESHAAY
INVESTMENT ADVISORS is 508, SNS Platina, Nr. Someshwara Enclave, Vesu, SURAT,
GUJARAT - 395007. The manager is a member of BSE Administration and
Supervision Limited (BASL) with Membership Number 1938.
The content and data available in the material prepared by the company and on the
website of the company, including but not limited to index value, return numbers
and rationale are for information and illustration purposes only. Charts and
performance numbers do not include the impact of transaction fee and other
related costs. Past performance does not guarantee future returns and
performances of the portfolios are subject to market risk. Data used for calculation
of historical returns and other information is provided by exchange approved third
party vendors and has neither been audited nor validated by the Company.
Detailed return calculation methodology is available here. Detailed volatility
calculation methodology is available here.
Information present in the material prepared by the company and on the website of
the company shall not be considered as a recommendation or solicitation of an
investment. Investors are responsible for their investment decisions and are
responsible to validate all the information used to make the investment decision.
Investor should understand that his/her investment decision is based on personal
investment needs and risk tolerance, and information present in the material
prepared by the company and on the website of the company is one among many
other things that should be considered while making an investment decision.
NIVESHAAY INVESTMENT ADVISORS has a contractual arrangement with a vendor -
Smallcase Technologies Private Limited (STPL); whereby STPL provides technology
solutions and related back-end infrastructure along with support for back-office
related operations & processes. STPL does not provide any investment advice or
recommendation nor does it make any claim of returns or performance with
respect to any advice or recommendation.
Investments in securities market are subject to market risks. Read all the related
documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification
from NISM in no way guarantee performance of the intermediary or provide any
assurance of returns to investors.
Contact Details:
Support Telephone: 7859870559
Support Email: smallcase@niveshaay.com
Compliance Office Details:
Name: Vikram Sharma
Email: info@niveshaay.com
Contact: 8690635092
Grievance Office Details:
Name: Vikram Sharma
Email: info@niveshaay.com
Contact: 7859870559
