Sensex was 100 in1979 and 65000 in 2023. A gain of 650 times in 44 years (CAGR of 14.5 to 15%). That is the power of compounding. Look at the short term and long term chart. Short term chart is zig-zag but long term chart is linear(red line) and going from South to North consistently, inspite of all the hiccups, scams, assassinations, calamities, black swan events and other headwinds. No other asset class can give better returns in long term (at least 7-10 years) with full transparency and liquidity. Equity is the asset class, one can't miss now. With country expected to grow at 6-7% GDP, 14-15% equity returns are highly manageable. It is easy to invest but difficult to sit tight on that investment. Your investment advisor can help you sail through difficult times in bear market and control your emotions during bull runs.
₹01 lakh as lumpsum in a Largecap or Multicap fund, started in 1979, would have grown to ₹6.5 crores in 44 years without doing anything. ₹3000/- SIP in a Largecap or multicap fund, started in 1979, would have grown to 17.12 crores in 44 years with CAGR of 15%. This is power of long term investing and the magic of power of compounding. It's never too late in life. Markets will remain here only. Make up your mind and prepare a financial plan for all your goals in life. We can help you achieve your future goals by preparing a comprehensive financial plan at INVESTOR FIRST with no cost.
We are operating an investment firm Investor First. We are one of the highest ranking investment firms in Uttarakhand and Dehradun. Rest assured that your interests and benefits will always be first and foremost. For any kind of investment planning, you can contact us at the following address :
Website: https://investorfirst.co.in/
Head Office : 2nd Floor, 159/129/96, Sri Krishna Tower, Near Hotel Ramada, Ballupur Road, Dehradun-248001, Uttarakhand.
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