Postweek Report (7 — 11 May)
Government initiatives to promote e-vehicle usage will benefit the electric vehicle ecosystem
Electric mobility
In a recent development, the government last week approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis. The purpose behind distinctive number plates is their easy identification for preferential treatment in parking, free entry in congested zones besides other proposed benefits like concessional toll. The measure is aimed at promoting e-vehicle use and the government is considering exemption from permits for such vehicles.
Benefit from the growth of the electric vehicle ecosystem by buying the Electric Mobility smallcase. The smallcase has has generated a return of 32.39% over the previous year compared to Nifty returns of 14.7%.
Read more about investing in this theme in our postweek report.
smallcase FMCG tracker
According to a CRISIL report, revival in rural demand and new product launches will help boost the top line growth of the FMCG sector going forward. The sector is likely to see 11–12% rise is revenue during fiscal 2019 period. The sector is also expected to see a significant improvement in operating performance. Improved business profile is also expected to result in positive trend in credit ratio for large and mid-sized firms.
You can benefit from this trend by buying smallcase FMCG tracker. The smallcase has returned 21.12% over the previous year compared to Nifty returns of 14.7%.
Read our postweek report for more on investing in this sector.