In this article, we will discuss in detail about Digital India – StockBasket, and why every retail investor should think about investing in it.
15th July 2015, this was the day when Prime Minister launched the Digital India Campaign to ensure that the government’s services are made available to citizens electronically by improved online infrastructure and by increasing Internet connectivity or making the country digitally empowered in the field of technology.
“India will be a global player in the digital economy” – Sundar Pichai, CEO, Alphabet & Google
The objective of this campaign is to improve digital infrastructure, digital literacy and digitally delivering services.
After the launch, of this Campaign, the government of India has taken numerous steps to push the use of technology to connect and empower people in areas relating to health, education, labour and employment, commerce, etc.
To implement these plans the government requires technology, research, and IT support, this is where the leading Indian IT companies come into play.
Companies like TCS and Infosys are helping the government in implementing projects like e-governance, Tax E-filing, Passport services, setting healthcare platforms, financial inclusiveness and access, utilities and agricultural and livestock production.
Leading Indian IT firms like Infosys, TCS, and L&T infotech, are diversifying their offerings and are coming up with technological developments in software, IoT and artificial intelligence
These companies would play a key role in making India a Digital Economy. Investors who also want to be a part of these top companies can invest in them through StockBasket
What is StockBasket?
StockBasket as the name suggests is an expert-curated basket of stocks or portfolios. The baskets are curated after considering 60+ Intelligent Stock Rating Parameters and evaluating over 2 crore data points. StockBaskets are categorised as per an individual’s financial goals, long term themes, risk appetite and time horizon.
To be a part of India’s Digital growth story retails investors can Digital India StockBasket, a basket which comprises Stocks of those companies that benefited as India becomes a Digital Economy.
Why Digital India StockBasket?
The Modi Government from day one has evidently supported the Digital India Movement. This basket is crafted by including companies that are going to benefit from the Government s push to make India a Digital India. These companies continue to generate superior long term returns for its shareholders on the basis of its timely, reliable and efficient delivery of IT solutions to large corporations across the world and helping them to innovate, drive down the cost and help them become leaders in their respective operations. Their sustainable business model offers sufficient growth opportunities for the long term shareholders.
How to get started with StockBasket?
Investing in StockBasket is a very simple process all you need to follow is this 3 step process:
- Download the StockBasket app.
- Login with your existing Samco client ID and trading password.
- Go to the “Explore” page and select the basket as per your need, click on “Invest” to buy the basket.
You can start your wealth creation journey by investing in our Beginners Basket – Lite just for Rs. 3500.