Expand the investment options of Indian households: it’s an idea whose time may finally have come
In the last two decades, the Indian equity market has performed well. It has outperformed other emerging markets, including China’s. Yet, in this period, while the Nifty 50 returned about 12.5% annually in rupee terms, the S&P 500 went up by about 14.5% annually in rupee terms. In other words, ₹100 invested in the Nifty 50 two decades ago would be worth about ₹1,000 today but about ₹1,500 had it been invested in the S&P 500.
