You might see Nasdaq at 30% fall, but do u still feel that all components are available at good valuations…Nasdaq is still 16-17% high compared to pre covid levels…what makes u think US indices will be 12-13%, is it because data shows that in last 10 years which happened to be one of the biggest bull phases in US equities…In last decade, US nominal GDP (real gdp+inflation) grew at 6%…Normally index grow at nominal GDP levels, so US index ran faster than their growth…comparitively, with 12-13% nominal GDP growth in 2010s India index was growing at 8-9%…rupee depreciation will definitely give u 3% additional cagr for US investments, but 9-10% would be the ideal expectations including currency returns…India is poised to give better returns than this
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