Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Monthly Moves: A Very Flat Nifty in Oct, and 10 Year Sensex SIP Returns Below 8%

1 Nov 2016Deepak Shenoy1 min read

Quick Facts

What is "Monthly Moves: A Very Flat Nifty in Oct, and 10 Year Sensex SIP Returns Below 8%" about?
What category is this article in?: Mutual Funds
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 1 November 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Monthly returns, Nifty
What does the "For the sake of completeness, here's the Sensex as well. [](https://content.capitalmind.in/wp-content/uploads/2016/11/Sensex-monthly.png)SIP Returns Fall Into Single Digits" section say?: A monthly investment into the Sensex (or the Nifty) has now fallen into single digit returns on average. While this sounds small, remember that it means:

October hasn’t quite lived up to its promise of volatility in the past, where it’s shown moves as much as -26% or +17%. This time we got just 0.2% on the Nifty taking the year 2016 to about 8.5% return on the Nifty.

For the sake of completeness, here’s the Sensex as well. SIP Returns Fall Into Single Digits

A monthly investment into the Sensex (or the Nifty) has now fallen into single digit returns on average.[

](https://content.capitalmind.in/wp-content/uploads/2016/11/Sensex-monthly.png)[](https://content.capitalmind.in/wp-content/uploads/2016/11/Sensex-SIP-returns.png)

While this sounds small, remember that it means:

Rs. 1000 per month became Rs. 40,459 in three years
in five years, Rs. 1000 per month is Rs. 77,458
in ten years, Rs. 1000 per month is Rs. 188,330

Your return on a fixed income instrument is likely to be lower after taxes.

Since many mutual funds have beaten the index (plus dividend yields of 1.5%) you will probably have seen more returns with funds. We’re just making a note and perhaps its useful to note the long term SIP returns for funds too.