There are broadly 4 types of smallcases:
- Thematic - smallcases centered around trending market themes (Eg: Rising Rural Demand)
- Sector Trackers - smallcases that take sector-specific exposures (Eg: Insurance Tracker)
- Model-based - smallcases centered around financial models (Eg: Dividend Aristocrats)
- Smart Beta smallcases - Large cap focused strategies with an objective to beat the market