Saurabh Mukherjea of Marcellous Investment managers did a backtest of last 10 years all the stocks entered in Nifty 50 if one buys and holds for few years, the CAGR has been 40 % he says...I have not done this backtest but soon we will get to see his back test...but a fantastic observation based on solid research which we can use....even if we make 25 % CAGR consistantly over 10 years, we can be rich...
Taking this lead I plan to do my own backtest before investing money on this simple observation...
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