The rotten eggs in the folio turned out to be IVRCL INFRASTRUCTURE,BGR ENERGY,REC LTD,ESCORTS,ANDHRA BANK,HDIL,CROMPTON GREAVES,MPHASIS AND UNITY INFRAPROJECTS.
The 3.5% CAGR comes as a surprise as one sees a list of Multibaggers in the folio .Hcl tech turned out to be a 4 bagger while Glaxo ,maruti suzuki turned out to be 3 and 2 baggers.
Here is a complete list.
This again brings focus to our core belief that one needs to be stock specific to generate alpha in the stock markets
One more thing Forbes India would not like this list to be discussed.Survivorship bias ho....