13-07-2024 12:06 PM | Source: PR Agency
Wealth Conversations Report for July 2024
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Some interesting conversations for this edition:
- Mid & Small Caps have delivered 17-19% returns in the last 15 years
- Equity SIPs over 7+ Years have historically given a good return experience
- Power of compounding – The 7-3-2 rule
- All Time Highs automatically don’t imply a market fall. The average 1Y returns when invested in Nifty 50 TRI during an all-time high, is ~14%
- Gold Returns = Inflation + 2-4% over long run
- Indian Currency has weakened by 3-4% per annum vs USD over the long run
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