As the budget rolls in, here’s a quick post on how the Nifty did in Jan:
And the Sensex too:
Nifty SIP returns fall to 7.5% for 10 years
Buying every month is a good idea. But doing it on the Nifty hasn’t been so kind, with returns falling to 7.5% in 10 years. It’s better for shorter terms, though.
Remember that we should add a couple more percentage points to account for dividends. This is still not bad, just that it’s not as good as earlier.