Affordable Housing
Managed by Windmill Capital
Minimum Investment Amount
It is the least amount required to invest in all stocks/ETFs of this smallcase as per the weights.
₹ 54,447
Companies participating in and benefiting from affordable housing projects
Min Investment
It is the least amount required to invest in all stocks/ETFs of this smallcase as per the weights.
₹ 54,447
7Y CAGR
11.84%
Performance
Current value of ₹ 100 invested once at launch
| smallcase CAGR | Equity Multi Cap CAGR |
|---|---|
Live performance includes rebalances. It is a tool to communicate factual return information and
should not be seen as advertisement or promotion. Learn how performance was calculated
Key Metrics
Fundamental
NA
47.20
NA
6.99
NA
0.39
NA
26.65
NA
4.38
NA
0.97
Technicals
NA
1.65
NA
8.74
NA
32.70
NA
Pro
NA
Pro
NA
Pro
Relative
NA
-52.08
NA
0.87
NA
Pro
NA
Pro
NA
Pro
NA
Pro
Portfolio
See detailed constituentsKey details about smallcase portfolio
| Constituents | Rebalance Frequency |
|---|---|
| 11 | quarterly |
| Last Rebalance | Next Rebalance |
|---|---|
| Mar 14, 2024 | Jun 14, 2024 |
About the smallcase
Affordable housing refers to existing and future housing units that come under the Pradhan Mantri Awas Yojana (PMAY), which was launched in 2015.
- Budget 2022-2023 allocation to PMAY increased by 75% to ₹40,000 crores
- The scheme was launched with the aim of building 2 crore affordable houses over a period of 7 years for the lower income segment
- Out of which, approximately 80 lakh houses are being targeted to complete by FY23
- Affordable housing projects were granted ‘infrastructure status’ earlier in Budget 2017, which ensured lower cost of borrowing for developers, thus encouraging them to take such projects
- Developers engaged in affordable housing projects do not have to pay GST
- These measures are expected to increase the demand for affordable houses and corresponding loans.
This smallcase consists of stocks from segments like housing finance companies focused on financing low and middle income segments, real estate developers constructing affordable houses and cement & building products companies.
Launch Date
Feb 6, 2017
Subscription Fees
Free access
Factsheet
Download key points for this smallcase
About the Manager
Windmill Capital
Manages 58 smallcases
We’re SEBI registered research analyst creating Thematic & Quantamental curated stock/ETF portfolios. Data analysis is the heart and soul behind our portfolio construction & with 50+ offerings, we have something for everyone.
SEBI Registration No: INH200007645
Disclosures
