Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

The top 10 year multibagger stocks
Dec 24, 2012

BSE-Sensex at 3352. Yes, you would have been reading exactly this if we had had an issue of The 5 Minute Wrapup on December 24, 2002. A decade down the line, much water seems to have flowed under the bridge. Indian capital markets have undergone a sea change and thousands of more stocks have got listed. Meanwhile, the BSE Sensex itself has gone up 575% to touch 19,200 odd levels. That makes it compounded average annual returns of 19.1% in 10 years. Staying invested in Sensex stocks alone has therefore undoubtedly reaped rich dividends. But what about those who chose to create a wider portfolio?

Periods of bull run, recession, economic crisis, scams, bankruptcies and bailouts. Those who have been investing since the start of this decade have seen it all. No doubt it must have been a heady task for them to stick to a select group of stocks in the hope of becoming wealthy. In other words, to maintain a 'buy and forget' portfolio.

We were rather intrigued when we looked at the biggest multibaggers from BSE 100 over the past decade. The list was a mix of 'must haves' and 'rather avoid' when one intends to forget the stocks for a good ten years. The top 20 stocks offered very handsome CAGR of around 40% in ten years. Notably this is double the Sensex' returns. But while Equitymaster itself had vouched for the likes of Titan, L&T, Sun Pharma and Godrej Consumer (GCPL) through StockSelect recommendations in 2002, many others did not meet our investing criterions for long. Some have not yet been able to meet those yet and probably never will.

Thus a 'buy and forget' portfolio that one creates based on strict fundamental criteria need not produce all market beating gems. What it needs to produce is a bunch of stocks that preserve wealth with a few of them turning out to be real gems. Asian Paints, Dabur, HDFC Bank, that do not feature in the list of top 20, have also been our favourites for almost a decade. The CAGR from these too exceed 30%.

To drive home the point, selecting stocks that you wish to buy and forget needs to be a very careful and well researched task. Even then not every stock in that portfolio would turn out to become the biggest multibaggers. All you need to make sure is that you keep the likes of Mahindra Satyam (a popular stock in 2002) out.

We therefore certainly do not think that every stock in this list of 10 year multibaggers could have been a part of 'buy and forget' portfolio in 2002. For the next decade too we would rather bet on sound and resilient stories that fetch reasonable risk and inflation adjusted returns.

Data source: Ace Equity

This Chart Of The Day was published in The 5 Minute WrapUp - Was this the 'buy and forget' portfolio of last decade?

Equitymaster requests your view! Post a comment on "The top 10 year multibagger stocks". Click here!

11 Responses to "The top 10 year multibagger stocks"

sujit bamne

Jul 12, 2020

multibagger stocks list for 2020



Jun 28, 2020

Sir ,
Kindly give list of Multibagger stock for next five years and ten years



May 17, 2020

Pl suggest 5 good stocks to buy now in may-20 for five year period

Like (2)


Apr 27, 2020

Please list out 2020 multibegger

Like (2)

Ashish Mudgal

Sep 25, 2019

Give us the more details about the multibagger stocks.

Like (1)

N Sreekumar

Aug 12, 2015

Please send details of the multibaggers in BSE

Like (7)


Jan 28, 2015

shom me multibagger stocks in nse

Like (12)

sheo kumar

Jun 19, 2014

pze send me detail the top 10years MULTIBAGGERS stocks

Like (12)

sheo kumar

Jun 19, 2014

pze send me detail the top 10years MULTIBAGGERS stocks

Like (6)


May 1, 2014

give full detail of 10 years

Like (2)
Equitymaster requests your view! Post a comment on "The top 10 year multibagger stocks". Click here!

Our Most Popular Charts

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms