What If You Held 20 Quality Stocks for 5-years

Median annualized alpha for 100 random quality portfolios seeded at each start dates

Total simulations = 14,200

Based on quantitative backtests. Universe: Top Half of NSE Companies by Market Cap, financials excluded. Backtest period: Since December 2007. Excess returns annualized. Returns are after transaction costs, and are calculated on a pre-tax basis. Dividends reinvested.
Chart: CapitalmindSource: Capitalmind, Dataset: FactSet