There are broadly 4 types of smallcases:

  1. Thematic - smallcases centered around trending market themes (Eg: Rising Rural Demand)

  2. Sector Trackers - smallcases that take sector-specific exposures (Eg: Insurance Tracker)

  3. Model-based - smallcases centered around financial models (Eg: Dividend Aristocrats)

  4. Smart Beta smallcases - Large cap focused strategies with an objective to beat the market