Stock SIP in which midcap IT stocks would have provided best returns? Find out here
DSIJ IntelligenceCategories: Mindshare, Trending
Stock SIP in several trending midcap IT stocks would have been a market beating investment with stock SIP in some of these mid cap IT stocks generating returns close to 73 per cent on annualised basis.
Mid Cap IT stocks have been outperforming markets in the past few years. Mid Cap IT stocks in fact have outperformed its large cap peers.
Stock SIP in several trending mid cap IT stocks would have been a market beating investment with stock SIP in some of the mid cap IT stocks generating returns close to 73 per cent on annualised basis.
The below table explains how much returns would have been delivered in case a stock SIP was done for 60 months with Rs 20000 invested every month in each of these mid cap IT stocks:
|
Sr No |
Stock Name |
Today’s worth |
Returns P.A (%) |
|
1 |
Coforge |
64,95,377.78 |
72.98 |
|
2 |
Mind Tree |
54,32,211.22 |
64.43 |
|
3 |
L&T Infotech |
45,94,379.58 |
56.63 |
|
4 |
L&T Technology |
24,77,724.13 |
29.46 |
|
5 |
Mphasis |
40,08,843.61 |
50.43 |
|
6 |
Persistent Technology |
53,14,271.09 |
63.40 |