Indian equities give 14% CAGR over 20 yrs; wealth grows 13x
Indian equities, under the Nifty50 basket, have delivered a compound annual growth rate (CAGR) of 14 per cent over the past 20 years, multiplying investors` wealth by 13 times, according to a report released on Monday. Gold, meanwhile, slightly outperformed equities with a 14.7 per cent CAGR, growing 16 times during the same period.