Sensex and Nifty tops the chart
Posted on: 06/Sep/2016 12:47:29 PM
According to an analysis of various asset classes and their returns by city-based brokerage Centrum Group equities have been the best asset class in the past 25 years, The Sensex and the Nifty being the second best performers among top 10 global indices with an average of over 12 per cent returns.
The Shanghai Composite Index of China tops the list among top 10 global indices by giving a compound annual growth rate of 12.9 per cent during the 25-year period.
Study proves that the equities have trounced all other asset classes like currencies or commodities or real estate, by a wide margin.
Over the past 10 years, the Sensex and Nifty topped the chart with 10.1 per cent and 10.7 per cent respectively but Shanghai index has given only 6.7 percent.
