Ashishkumar Chauhan draws comparisons between Nifty and other global assets to highlight its exceptional performance. Gold, over the same period, has delivered returns of 7.7% on a compound annual growth rate (CAGR) basis. Meanwhile, the S&P 500, including dividends, has returned 9.9%. However, Nifty has far outpaced these with a CAGR of 11.9%. Chauhan says, “America required Warren Buffett; India required Nifty,” emphasising how the Nifty index has become synonymous with India’s growth story.
