Ashishkumar Chauhan attracts comparisons between Nifty and different world property to focus on its distinctive efficiency. Gold, over the identical interval, has delivered returns of seven.7% on a compound annual progress charge (CAGR) foundation. In the meantime, the S&P 500, together with dividends, has returned 9.9%. Nonetheless, Nifty has far outpaced these with a CAGR of 11.9%. Chauhan says, “America required Warren Buffett; India required Nifty,” emphasising how the Nifty index has turn out to be synonymous with India’s progress story.
