Nuvama Wealth and Investment Limited creates smallcases that would help investors create long-term wealth
Nuvama Wealth and Investment Limited's investment philosophy is to create portfolios based on strong fundamentals and those that can weather the market conditions to generate stable long-term returns for the investors.
Nuvama Wealth and Investment Limited team is creating these smallcases
A smallcase is a curated basket of stocks/ETFs* that reflects a certain objective (ideas, themes, strategies), backed by the research of Nuvama. You can invest in a smallcase in 2 clicks.
*ETFs (Exchange Traded Funds) are baskets of securities that track an underlying index (Nifty, Gold, etc) and can be bought and sold on the exchange.
You can buy smallcases on the Nuvama platform. Select a smallcase, login with your Nuvama account and invest in less than 2 clicks.
If you have a trading & demat account through your Nuvama broker account, you can start investing in smallcases. By clicking on ‘Buy smallcase’, you can login with the Nuvama credentials. The funds from your broker account would be used for investing in smallcases.
Once you login with your broker credentials, you can use your trading account to buy and sell smallcases. The stocks would be credited to your broker linked demat account.
Further, once you’re logged in, you can securely use the funds available in your broker account to invest in smallcases.
The funds from your broker account are utilised to invest in smallcases and the respective stocks are credited to your broker linked demat account.
Once you have invested, the index value of the smallcase is set to 100 on the buy day for easy tracking. You can monitor the performance of the smallcase from the Investments page on the broker’s smallcase platform.
Also, each smallcase is reviewed periodically and rebalanced to ensure your objective is on track.
The index value of a smallcase indicates the absolute price returns of that particular smallcase from the date of its inception. The index value is set to 100 on the inception date of the smallcase. The current index value shows by how much it has gone up since then.
When buying a smallcase, an index value of 100 is assigned to it. Overtime, if the index value is 108.54, you can easily deduce that your smallcase has generated a total return of 8.54%.
The Details view shows you a more detailed investment overview and P&L breakdown. You can also track individual stock details from the Investments page.
There are no lock-in periods, so you may sell your smallcases anytime. As a concept however, smallcases work best when used for long-term investing.
Rebalancing is the process of ensuring the weights of the stocks in the smallcase continue to be true to the underlying smallcase strategy. The rebalance frequency is decided by the creator of the smallcase. You can update your smallcase in 2 clicks to ensure your smallcase is on track with the strategy.
You can assess how the smallcase that you have invested in is playing out and reap its benefits only when you stay invested for a long term. It's best to not base investment decisions on short-term fluctuations.
You can also set up an SIP (Systematic Investment Plan) for your smallcases on a weekly, monthly, quarterly and annual basis. The SIP orders will not be placed automatically and will require you to place orders each time an instalment is due. We are working on making this automated soon.
To invest more in a smallcase from your Investments page, click on the smallcase you want to invest more in and click the Invest More button on the right.
No, with smallcases - you are essentially buying exchange listed securities which are exposed to market risks. Investing in market instruments involves risks and investments may lose value.
Also, the returns shown for smallcases are the historical returns. smallcases do not have any projected returns shown. Past performance does not guarantee future returns.
From the individual smallcase page, you can find the Exit option at the right under More Actions. You can then choose a whole exit (sell all the constituents of a smallcase and exit completely) or a partial exit (book some profits while maintaining the minimum amount).
Note: Partial Exit can only be done if you’ve invested more than the minimum amount into the smallcase.
Orders are unfilled under the following circumstances:
Note: Partial Exit can only be done if you’ve invested more than the minimum amount into the smallcase.
Repairing the batch helps you place fresh orders for those constituents that were not filled so your smallcase can be complete. For stocks that are already sold on the broker platform, contact the support team to reconcile your holdings.
Archiving a batch excludes those stocks that you have unfilled orders for and completes your smallcase without placing fresh orders.
In this case, the smallcase will not be the same as the original version you meant to buy/invest more/rebalance/exit & will differ in composition & returns.
One of the payment method available to subscribe to a fee based smallcase is eNACH where an e-Mandate is created.
If you want to cancel your e-Mandate(s) linked with any of your fee based smallcase subscription, please drop an email to publisher.help@smallcase.com with the following details:
We will share the mandate(s) details in response to your request including the below:
To proceed with the cancellation of the mandate, we would require your confirmation by email after verifying the mandate and payment details.
After receiving your confirmation, we will process the mandate cancellation and update you with the status within 72 hours.