Stock SIP in these FMCG stocks would have delivered up to 29.01 returns per year; know more here!
FMCG stocks are often considered defensive. The FMCG companies are perceived to make good profits and the product demand for FMCG companies is usually high and consistent across the year. Most FMCG stocks trade with rich valuations. The PE multiple is often high for quality FMCG stocks.
Stock SIP in FMCG stocks, we find would have delivered decent returns over the period of 5 years. Stock SIP in Varun beverages for example would have generated 29 per cent returns on an annualised basis, if any investor would have invested an equal amount of money in the past 60 months.
Following table highlights the performance of Stock SIP if Rs 20,000 was invested every month for 60 months in some of the top performing FMCG companies:
|
Sr No
|
Stock
|
Amount Worth Today
|
Annualised Returns (%)
|
|
1
|
Dabur
|
18,41,783.38
|
17.15
|
|
2
|
Britannia
|
17,84,528.94
|
15.86
|
|
3
|
Nestle
|
23,70,615.02
|
27.60
|
|
4
|
HUL
|
21,02,529.49
|
22.60
|
|
5
|
Varun Beverages
|
24,51,267.14
|
29.01
|