Business Standard

Monday, January 13, 2025 | 08:48 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Equities are still an investor's friend

If we look at the Sensex, from its base of 100 in April 1979 to the current value of 33,700, the CAGR is over 16%

Image
Premium

Devangshu Datta
The primary target for a long-term investor is to beat inflation - anything more is a bonus. The first difficulty for an Indian investor is that we don’t have reliable long-term indices for inflation. However, we do have prices for various goods that have remained in common usage across the past 40 years. 

The retail price of petrol in December 1973 was Rs 1.65/litre. It's in the band of Rs 69-70 now, which works out to an inflation rate of about 10 per cent for fuel. The price of mutton in 1977 was Rs 10/kg, it's about Rs 375 in Delhi
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in