Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Charts: Nifty's 5% drop in October Takes 2018 Marginally Negative

5 Nov 2018Deepak Shenoy1 min read

Quick Facts

What is "Charts: Nifty's 5% drop in October Takes 2018 Marginally Negative" about?
What category is this article in?: Charts And Analysis
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 5 November 2018.
How long does this article take to read?: 1 min read
What topics does this article cover?: Monthly returns

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.