Stock SIP in these multibagger stocks would have outperformed the best of MFs; have a look!
Stock SIP is gaining popularity as investors choose to accumulate their favorite stocks. Stock SIPs are tricky though as it lacks the diversification benefits provided by the mutual fund schemes.
Some of the top performing mutual fund have been able to deliver close to 30 per cent annualized returns in the past 5 years. It is worth noting here that ICICI Prudential Technology Fund has delivered ~30 per cent annualised returns in the past 5 years.
What if a fixed amount was invested in some of the most popular multibaggers in the past five years?
The below table summarizes the performance of some of the well-known multibaggers and captures the outperformance over the top performing MF schemes:
Sr No
|
Multibagger Stock
|
SIP tenure
|
Today's worth (Rs)
|
Annualised returns (%)
|
1
|
Laurus Lab
|
36 months
|
3691637
|
175.59
|
2
|
Deepak Nitrate
|
60 months
|
7821357.37
|
96.93
|
3
|
Shivalik Rasayan
|
60 months
|
4610088.2
|
70.33
|
4
|
Tata Elxsi
|
60 Months
|
3965092.72
|
63.17
|
5
|
Persistent Systems
|
60 Months
|
3894653.48
|
62.32
|
6
|
JSW Energy
|
60 Months
|
3118532.25
|
52.09
|
7
|
SAIL
|
60 months
|
2319915.58
|
38.97
|
8
|
Bajaj Finserv
|
60 months
|
2277740.56
|
38.17
|
9
|
Chambal fertilisers
|
60 months
|
2180229.6
|
36.28
|
10
|
Asian Paints
|
60 months
|
1883916.84
|
30.05
|
11
|
KingFa Science
|
60 months
|
1883379.85
|
30.03
|
12
|
Pidilite
|
60 Months
|
1877787
|
29.91
|