ReturnScreener

Rolling Returns

BSE Rolling Returns

BSE Ltd.

Every 7-year stretch BSE has been through — 31 of them, each starting a month after the last. The median returned 62.2% a year, the worst 36.3%, the best 84.0%. A single headline CAGR hides all of that.

Windows measured
31
Median
62.2%
Worst
36.3%
Best
84.0%

Every Holding Period

BSE rolling returns by holding period

A rolling window is every possible start date, not one. A five-year window starting in January is a different investment from one starting in February, and over twenty years there are a couple of hundred of them. What follows is the full spread of what each holding period actually produced.

1-year rolling returns

63.1% of windows made money

Across 103 separate 1-year holding periods, the median returned 51.0% a year. The worst lost 53.3% a year and the best made 492.3%.

-53.3%median 51.0%492.3%
Worst window
-53.3%
25th percentile
-16.3%
75th percentile
141.1%
Best window
492.3%

Worst start: March 2022-53.3% a year for the 1 years that followed.

Best start: March 2023492.3% a year.

Against the Nifty 50: BSE came out ahead in 63.1% of the 103 windows both series cover.

3-year rolling returns

81.0% of windows made money

Across 79 separate 3-year holding periods, the median returned 68.3% a year. The worst lost 30.1% a year and the best made 183.7%.

-30.1%median 68.3%183.7%
Worst window
-30.1%
25th percentile
30.2%
75th percentile
120.8%
Best window
183.7%

Worst start: March 2017-30.1% a year for the 3 years that followed.

Best start: May 2023183.7% a year.

Against the Nifty 50: BSE came out ahead in 78.5% of the 79 windows both series cover.

5-year rolling returns

100.0% of windows made money

Across 55 separate 5-year holding periods, the median returned 71.5% a year. Not one of them ended in a loss — the weakest still compounded at 14.2% a year.

14.2%median 71.5%134.0%
Worst window
14.2%
25th percentile
20.1%
75th percentile
109.7%
Best window
134.0%

Worst start: February 201814.2% a year for the 5 years that followed.

Best start: May 2020134.0% a year.

Against the Nifty 50: BSE came out ahead in 100.0% of the 55 windows both series cover.

7-year rolling returns

100.0% of windows made money

Across 31 separate 7-year holding periods, the median returned 62.2% a year. Not one of them ended in a loss — the weakest still compounded at 36.3% a year.

36.3%median 62.2%84.0%
Worst window
36.3%
25th percentile
47.1%
75th percentile
73.4%
Best window
84.0%

Worst start: July 201736.3% a year for the 7 years that followed.

Best start: July 201984.0% a year.

Against the Nifty 50: BSE came out ahead in 100.0% of the 31 windows both series cover.

Windows step forward one month at a time and are measured on month-end adjusted closing prices, so dividends are treated as reinvested. Overlapping windows share months by construction — that is what makes the spread a description of this stock's history rather than a sample of independent trials.

Against The Index

How often BSE beat the Nifty 50

Beating an index once is a result. Beating it across most of the periods an investor could have picked is a pattern. Over 7-year windows, BSE finished ahead of the Nifty 50 in 100.0% of the 31 periods both series cover.

1-year windows

Ahead in 63.1% of 103 periods.

3-year windows

Ahead in 78.5% of 79 periods.

5-year windows

Ahead in 100.0% of 55 periods.

7-year windows

Ahead in 100.0% of 31 periods.

Each window is compared against the index over the identical calendar months, on the same adjusted basis — not against an assumed rate of return.

How This Is Calculated

Reading these figures properly

Overlapping by design

Windows step forward one month at a time, so they share most of their months with each other. That is what makes this a description of BSE's actual history rather than a set of independent trials — and why the spread should not be read as a probability.

Month-end, total return

Measured on month-end closing prices adjusted for dividends and splits, so dividends count as reinvested. A window that opened or closed mid-month would differ a little in either direction.

Survivors only

BSEis in today's Nifty 500 universe. Companies that delisted or collapsed are not on this site at all, so the worst outcome shown here is the worst among the survivors.

Measured on data to 2026-08-31, from 2017-02-01. Full definitions are on our methodology page.

HELP CENTER

BSE rolling returns — common questions

Everything you need to know about this page and the data presented.

What are BSE rolling returns?
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Over 7 years, BSE Ltd. has been through 31 separate 7 years holding periods — one starting every month. The median returned 62.2% a year, the worst 36.3% and the best 84.0%. A rolling return measures every possible start date instead of one, which is why it answers a question a single headline CAGR cannot: how much the outcome depended on when you happened to buy.

Has BSE ever lost money over 7 years?
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No — not in any of the 31 7 years periods the record covers. The weakest of them still compounded at 36.3% a year. That is a statement about the past, not a guarantee about any future 7 years, and it is measured only over the years BSE Ltd. has been listed.

What is the worst 5 years BSE has ever had?
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14.2% a year, for the five years beginning February 2018. For contrast the best 5 years returned 134.0% a year, starting May 2020, and the median across all 55 periods was 71.5%. The gap between those two numbers is the part of the outcome that came down to timing rather than to the company.

Does holding BSE for longer reduce the risk?
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On this record, yes. 1 year outcomes ranged from -53.3% to 492.3% a year — a spread of 545.6%. 7 years outcomes ranged from 36.3% to 84.0%, a spread of 47.7%. Longer holding periods narrowed the range of results, which is the usual pattern and the reason this page publishes every window rather than one. Narrowing the range is not the same as removing the risk.

How often has BSE beaten Nifty 50 over 7 years?
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In 100.0% of the 31 7 years periods both series cover. Each window is compared against the index over the identical months, not against an assumed index return, so the comparison is a like-for-like record rather than a model.

How are rolling returns calculated here?
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Windows step forward one month at a time on month-end closing prices adjusted for dividends and stock splits, so dividends are treated as reinvested. A window length is only published once there are at least twelve complete windows behind it — fewer than that describes an anecdote, not a distribution. Overlapping windows share months by construction, which is what makes this a description of the actual history of BSE Ltd. rather than a sample of independent trials. Companies that delisted are not on this site at all, a survivorship bias worth holding in mind.

Is BSE a safe long-term investment?
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That is not a question this page answers, and we do not make recommendations. What it can show you is the full range of what every holding period in the listed history of BSE Ltd. actually produced — including the worst ones, which most performance figures leave out. Those are records of what happened, not forecasts. A stock that never had a losing decade may still have one, and holding a single company is a materially different risk from holding an index.

Explore Further

More on BSE Ltd.

ReturnScreener is an educational research platform and is not a SEBI-registered investment adviser. Everything on this page is a record of what historical prices did, not a projection and not a recommendation. Past performance does not guarantee future returns. See our methodology and disclaimer.