NIFTY 5022,500125.30(0.56%)
SENSEX74,200412.50(0.56%)
BANK NIFTY48,300210.40(0.43%)
TATA MOTORS780.0012.45(1.62%)
INFOSYS1,520.0018.20(1.18%)
WIPRO475.005.60(1.19%)
RELIANCE2,890.0034.50(1.21%)
TCS3,650.0028.10(0.76%)
HDFC BANK1,580.0015.20(0.97%)
ICICI BANK1,120.008.90(0.80%)
SBI820.005.30(0.64%)
BHARTI AIRTEL1,650.0022.80(1.40%)
HUL2,380.0012.40(0.52%)
ITC445.003.20(0.72%)
KOTAK BANK1,780.0014.60(0.83%)
LT3,420.0045.20(1.30%)
AXIS BANK1,080.009.50(0.89%)
BAJAJ FINANCE7,200.0085.40(1.20%)
MARUTI12,400150.00(1.19%)
ASIAN PAINTS2,850.0018.90(0.67%)
HCLTECH1,420.0016.30(1.14%)
TITAN3,250.0042.60(1.33%)
ADANI PORTS1,380.0022.40(1.60%)
POWER GRID310.004.80(1.57%)
NTPC365.006.20(1.73%)
SUNPHARMA1,680.008.50(0.50%)
NIFTY 5022,500125.30(0.56%)
SENSEX74,200412.50(0.56%)
BANK NIFTY48,300210.40(0.43%)
TATA MOTORS780.0012.45(1.62%)
INFOSYS1,520.0018.20(1.18%)
WIPRO475.005.60(1.19%)
RELIANCE2,890.0034.50(1.21%)
TCS3,650.0028.10(0.76%)
HDFC BANK1,580.0015.20(0.97%)
ICICI BANK1,120.008.90(0.80%)
SBI820.005.30(0.64%)
BHARTI AIRTEL1,650.0022.80(1.40%)
HUL2,380.0012.40(0.52%)
ITC445.003.20(0.72%)
KOTAK BANK1,780.0014.60(0.83%)
LT3,420.0045.20(1.30%)
AXIS BANK1,080.009.50(0.89%)
BAJAJ FINANCE7,200.0085.40(1.20%)
MARUTI12,400150.00(1.19%)
ASIAN PAINTS2,850.0018.90(0.67%)
HCLTECH1,420.0016.30(1.14%)
TITAN3,250.0042.60(1.33%)
ADANI PORTS1,380.0022.40(1.60%)
POWER GRID310.004.80(1.57%)
NTPC365.006.20(1.73%)
SUNPHARMA1,680.008.50(0.50%)
NIFTY 5022,500125.30(0.56%)
SENSEX74,200412.50(0.56%)
BANK NIFTY48,300210.40(0.43%)
TATA MOTORS780.0012.45(1.62%)
INFOSYS1,520.0018.20(1.18%)
WIPRO475.005.60(1.19%)
RELIANCE2,890.0034.50(1.21%)
TCS3,650.0028.10(0.76%)
HDFC BANK1,580.0015.20(0.97%)
ICICI BANK1,120.008.90(0.80%)
SBI820.005.30(0.64%)
BHARTI AIRTEL1,650.0022.80(1.40%)
HUL2,380.0012.40(0.52%)
ITC445.003.20(0.72%)
KOTAK BANK1,780.0014.60(0.83%)
LT3,420.0045.20(1.30%)
AXIS BANK1,080.009.50(0.89%)
BAJAJ FINANCE7,200.0085.40(1.20%)
MARUTI12,400150.00(1.19%)
ASIAN PAINTS2,850.0018.90(0.67%)
HCLTECH1,420.0016.30(1.14%)
TITAN3,250.0042.60(1.33%)
ADANI PORTS1,380.0022.40(1.60%)
POWER GRID310.004.80(1.57%)
NTPC365.006.20(1.73%)
SUNPHARMA1,680.008.50(0.50%)
NIFTY 5022,500125.30(0.56%)
SENSEX74,200412.50(0.56%)
BANK NIFTY48,300210.40(0.43%)
TATA MOTORS780.0012.45(1.62%)
INFOSYS1,520.0018.20(1.18%)
WIPRO475.005.60(1.19%)
RELIANCE2,890.0034.50(1.21%)
TCS3,650.0028.10(0.76%)
HDFC BANK1,580.0015.20(0.97%)
ICICI BANK1,120.008.90(0.80%)
SBI820.005.30(0.64%)
BHARTI AIRTEL1,650.0022.80(1.40%)
HUL2,380.0012.40(0.52%)
ITC445.003.20(0.72%)
KOTAK BANK1,780.0014.60(0.83%)
LT3,420.0045.20(1.30%)
AXIS BANK1,080.009.50(0.89%)
BAJAJ FINANCE7,200.0085.40(1.20%)
MARUTI12,400150.00(1.19%)
ASIAN PAINTS2,850.0018.90(0.67%)
HCLTECH1,420.0016.30(1.14%)
TITAN3,250.0042.60(1.33%)
ADANI PORTS1,380.0022.40(1.60%)
POWER GRID310.004.80(1.57%)
NTPC365.006.20(1.73%)
SUNPHARMA1,680.008.50(0.50%)
Back to Research

Rolling Returns Study

The most accurate way to evaluate SIP performance — eliminating start/end date bias.

What Are Rolling Returns?

Rolling returns calculate the annualized return for every possible period of a given duration. For example, 5-year rolling returns of a fund started in 2005 would calculate the return for every possible 5-year period: Jan 2005 to Jan 2010, Feb 2005 to Feb 2010, Mar 2005 to Mar 2010... and so on for every month.

This eliminates the bias of cherry-picking good or bad start/end dates and gives a distribution of all possible outcomes. If 95% of all 10-year rolling SIP returns are positive, it means the probability of making money in any 10-year SIP is 95%.

Distribution of Rolling SIP Returns (Nifty 50)

Percentage of rolling periods falling in each return range

3 Years Rolling
85%
Positive returns
Avg: 12.5%
Min: -8%
5 Years Rolling
92%
Positive returns
Avg: 13.2%
Min: -2%
7 Years Rolling
97%
Positive returns
Avg: 14.1%
Min: 2%
10 Years Rolling
100%
Positive returns
Avg: 14.8%
Min: 7%

Key Conclusions

As the investment horizon increases, the probability of positive SIP returns approaches 100%
10-year rolling SIPs in Nifty 50 have NEVER delivered negative returns
The minimum 10-year rolling SIP return is around 7% — still beating FD returns
Most 10-year rolling SIP returns fall in the 10-15% range — excellent wealth creation territory
3-year SIPs have about 15% probability of negative returns — short-term equity SIP is risky
Rolling returns prove that time in market is the single most important factor for SIP success

Note: Rolling return data is illustrative and based on approximate historical Nifty 50 performance. Actual rolling returns vary by fund and market conditions. This analysis is for educational purposes.