IT Enabled Service Providers (ITES)

Index : 1,446 | 1Yr : +3.94% | 1Mo : +2.66%

Category : Sectoral Trackers

Min Investment : 5,662

Sharpe Volatility Trend

The large IT & IT services companies in India have been largely responsible for the rapid economic growth of India and especially in certain pockets like Bangalore, Hyderabad and Chennai. It contributes more than 9% of India's GDP.

In this industry there are various revenue sources like setup fees, subscriptions, white label licensing, upgradations, APIs and customer service. Exports constitute more than 75% of the total revenue and it employs more than 10 million people both directly and indirectly.

As the IT industry is evolving fast to digital technologies, there is expected to be a structural change going forward. The consolidation via acquisitions & startup funding show that the large players are looking address niche needs and offer end-to-end solutions. Since these companies are mostly debt-free / less debt and have large cash reserves, it gives them the ability to evolve fast and re-invest their surplus funds in the most profitable opportunities. Invest in the most promising companies with relatively good valuation and sound financial position.

Please login to view constituent data.




Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.