Four years ago after my thorough research I decided to invest in Marico (I realised embarrassingly late that Marico manufactures Parachute which I have been using for decades). This is how it has performed for me.
Return
The first year of my investment’s worth was flat with no gains; the second time I bought Marico after one year, it was at the same levels as the first time. But the next three years the share price has been steadily improving (except the COVID pandemic crash).
Profit
XIRR
Post COVID pandemic crash, the share price has recovered and is at 15% XIRR. I am hoping it continues with that rate for coming years and provide me with inflation beating returns.
NOTE: XIRR for initial months varies wildly and is not useful for any analysis. But once the investments complete minimum of 1 year, XIRR gives me a much better picture. So I calculate ‘XIRR (>1 year)’ which calculates XIRR only for the investments which have completed minimum of one year while ‘XIRR’ continues to calculate for all the investments irrespective of how much time has been completed. There are some periods where ‘XIRR’ and ‘XIRR (>1 year)’ calculate to the same amount as for that time all my investments had completed minimum of 1 year.
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