Top 10 consistent and biggest wealth creators of Dalal Street
SECTIONS
Last Updated: Dec 22, 2020, 09:52 PM IST
Share
Synopsis
Getty Images
HDFC, Kotak Mahindra Bank, ITC, Asian Paints, Nestle Bajaj Finance and L&T were among the other biggest wealth creators.
INSIGHTS
NSE
Private sector lender
Kotak Mahindra Bank emerged as the consistent wealth creator of the past 25 years, according to Motilal Oswal 25th Annual Wealth Creation Study 2020. The report highlighted that the lender has delivered an annualised return of 25 per cent from 1995 to 2020.
“In the 23 three-year rolling periods between 1995 and 2020, Kotak Mahindra has outperformed the corresponding benchmark in 21 of those periods. It is closely followed by
Substance Abuse Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Consumption and Forecast 2020-2027
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Substance Abuse Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2027
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Synopsis
Investment managers led by Prashant Jain increased exposure to Coal India, whose shares are down 1.30 per cent since the beginning of this financial year.
Prashant Jain, ED and CIO of HDFC AMC
NEW DELHI: HDFC Mutual Fund lapped up select underperformers from the mining, FMCG and power sectors during the November market rally that lifted BSE benchmark Sensex 11 per cent to 44,150, on firm global cues, sustained inflows from foreign institutional investors and progress on Covid-19 vaccine.
Investment managers led by Prashant Jain at the country’s second-largest money manager increased exposure to Coal India, whose shares are down 1.30 per cent since the beginning of this financial year. It bought nearly 80 lakh shares in the world’s single largest coal producer last month.
Explore Now
NEW DELHI: HDFC Mutual Fund lapped up select underperformers from the mining, FMCG and power sectors during the November market rally that lifted BSE benchmark Sensex 11 per cent to 44,150, on firm global cues, sustained inflows from foreign institutional investors and progress on Covid-19 vaccine.
Investment managers led by Prashant Jain at the country’s second-largest money manager increased exposure to Coal India, whose shares are down 1.30 per cent since the beginning of this financial year. It bought nearly 80 lakh shares in the world’s single largest coal producer last month.
The fund house also picked over 40 lakh shares each in REC and ITC. Shares of the former have gained 53 per cent to Rs 136 as of December 11 from Rs 88 on March 31, while those of the latter have risen nearly 26 per cent to Rs 216. The 30-share Sensex has added 56.40 per cent during the same period.