SIP returns are also included, the fund house primarily discusses the 7-year SIP data, according to a report by the fund house.
All monthly rolling SIP returns of Nifty 100, Nifty Midcap 150, Nifty Smallcap 250 and Nifty 500 Multicap 50:25:25 indices from April 2005 to now have been considered. That boils down to the last 20 years and there was no selective approach, the report said.
According to the report the period covers significant market events such as the global financial crisis period of 2008-09, the slump by 2013 and the Covid period. SIP start and end points during these periods are included in the analysis.
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So, according to the analysis, in five-year SIPs, there are a total of 170 SIP series of five years each. In seven-year SIPs, there are a total 155 SIP series of seven years each and the 10-year SIPs include a total of 119 SIP series of 10 years each.
The SIPs are assumed to have started on the 1st working day of each month. The returns depicted are calculated using XIRR at the end of the respective SIP periods, with the valuation based on the first working day of the month following the SIP period
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