3 ms·

It is in India.

• smiths1999 3y ago
  I apologize if this is a stupid question but why wouldn't everyone be investing in India with these returns being standard? In the US we would assume a conservative rate of 7%
  • ringofchaos 3y ago
    When adjusted for usd returns might not be that great. Indian currency have been depreciating a lot against usd. On the other hand my own portfolio has a mutual fund that invest in US stocks for more diversification.
  • unmole 3y ago
    The 12% returns are not adjusted for inflation or depreciation. Historically, India had a much higher rate of inflation than the US. And the rupee has continuously lost value against the dollar. US 10 year treasury yields are ~4% while Indian treasury yields are ~7%.