A pretty rough October shook the Nifty down 5% into a negative year for 2018. This has been the worst October since 2009:
Meanwhile we have the Next 50 doing better at only -2.6% but that was after a hearbreaking -12% in September.
We plot to the Nifty on an SIP basis too – how much would you have made had you invested an equal amount every month? The answer is now, less than 10%.
With dividends though, returns will probably be about 10.5% for a 10 year SIP.
Already, November’s looking better. But there’s a lot of month yet to go.
Charts: Nifty's 5% drop in October Takes 2018 Marginally Negative
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