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ETMarkets Smart Talk: Equities likely to compound money in double-digit over 3 years: Shridatta Bhandwaldar
"Rather than taking calls for the next 6 months, we would encourage investors to look at possibilities for the next 3 years. When we take this context, we believe that India’s nominal GDP is likely to grow at 10-12% CAGR and in turn corporate earnings are expected to grow at 12-14% CAGR. Thus, the underlying asset class of equities is likely to compound money in double digit over 3 years, as per our opinion."