Sasta, achcha and growing? 2 sectors Ravi Dharamshi is bullish on in long run

economictimes.indiatimes.com:

Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says “when it comes to Sasta, achcha and growth and outlook being good, he is bullish on financials and manufacturing & capital goods where the tailwind is strong; manufacturing and capital goods. However, the valuations in the recent past have really gone through the roof. So some amount of correction consolidation is warranted over there. But the outlook still continues to remain very-very strong.”

We had our first interaction in 2013 and from then to here, it has been 100x for the firm?
Yes. I am not a very superstitious fellow, but I do believe in maintaining the humility for the returns and the AUM growth that we have seen. All those things get into your head and that can be harmful for future returns. Anyway we will pat ourselves on the back the day. Our job is to generate returns for the clients and that is what we want to focus on. Everything else is just output of what we do.

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20% plus CAGR return in last three years means in last 10 years you have become 10x. If this 20% CAGR return continues in 20 years, you could become 100x, that is simple math.
That is mathematics. I wish life was that simple.
But looking at the India appeal and the positioning of the market right now, will 15-18% return for next five to seven years, be a tall order?
I will put it this way, in the last 10 years, markets have thrown everything at us from the global financial crisis in 2008, to currency crisis in 2013, then came GST,