In this article, we will cover
- What is Sensex CAGR for the last 10 years
- List of companies that have given better returns than Sensex
What is Sensex CAGR for the last 10 yearsSensex which is an acronym for Sensitivity Index comprises of 30 stocks listed on the BSE Ltd - erstwhile Bombay Stock Exchange. It is the barometer of the Indian Stock Market. Its stocks represent various sectors and industries in India and are a reflection of the overall market sentiment.Since its inception in 1979, Sensex has generated a CAGR of 16%. It started with a base of 100 in 1979 & its current value is around 60,000. Thus it has multiplied investors' wealth by 600 times over a period of 43 years. In comparison, gold which is one of the major investment classes in India has multiplied only 66 times since 1979. Thus Sensex has beaten gold by a huge margin. It also shows that Sensex has been able to beat inflation over a long period of time by consistently delivering stronger returns.The stocks in the Sensex are not fixed. Many stocks are removed from the index and many are included over a period of time. However, over the last 10 years, the number of stocks has remained fixed at 30.In the last 10 years, Sensex has given a return of 12% CAGR. There have been many stocks in the Sensex which have been able to give returns more than Sensex in the last 10 years. As per the Current Market Price as on 20th April 2023, the following 19 companies have been able to beat the CAGR returns of Sensex in the last 10 years.
List of companies that have given better returns than Sensex
|Sr. no||Name of company||10 years return %||Value of 1 lakh invested 10 years ago|
|8||Kotak Mahindra Bank Ltd||18.74||5,57,148|
|16||Ultra Tech Cement||14.85||3,99,310|