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...
Smart_trade
Taking this lead I plan to do my own backtest before investing money on this simple observation...
Smart_trade
Those stocks that can displace any one for N50 will have huge growth momentum.
Plus they will be in LC category, so compliance, mgmt., business model will be at big scale to attract all kinds of investors.