ReturnScreener

Rolling Returns

CDSL Rolling Returns

Central Depository Services (India) Ltd.

Every 7-year stretch CDSL has been through — 27 of them, each starting a month after the last. The median returned 42.3% a year, the worst 25.6%, the best 48.4%. A single headline CAGR hides all of that.

Windows measured
27
Median
42.3%
Worst
25.6%
Best
48.4%

Every Holding Period

CDSL 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

61.6% of windows made money

Across 99 separate 1-year holding periods, the median returned 14.7% a year. The worst lost 46.5% a year and the best made 304.4%.

-46.5%median 14.7%304.4%
Worst window
-46.5%
25th percentile
-13.5%
75th percentile
105.5%
Best window
304.4%

Worst start: June 2017-46.5% a year for the 1 years that followed.

Best start: May 2020304.4% a year.

Against the Nifty 50: CDSL came out ahead in 58.6% of the 99 windows both series cover.

3-year rolling returns

98.7% of windows made money

Across 75 separate 3-year holding periods, the median returned 39.2% a year. The worst lost 18.8% a year and the best made 92.8%.

-18.8%median 39.2%92.8%
Worst window
-18.8%
25th percentile
33.4%
75th percentile
64.8%
Best window
92.8%

Worst start: June 2017-18.8% a year for the 3 years that followed.

Best start: January 201992.8% a year.

Against the Nifty 50: CDSL came out ahead in 97.3% of the 75 windows both series cover.

5-year rolling returns

100.0% of windows made money

Across 51 separate 5-year holding periods, the median returned 45.1% a year. Not one of them ended in a loss — the weakest still compounded at 16.3% a year.

16.3%median 45.1%75.4%
Worst window
16.3%
25th percentile
29.2%
75th percentile
57.4%
Best window
75.4%

Worst start: July 202116.3% a year for the 5 years that followed.

Best start: December 201975.4% a year.

Against the Nifty 50: CDSL came out ahead in 100.0% of the 51 windows both series cover.

7-year rolling returns

100.0% of windows made money

Across 27 separate 7-year holding periods, the median returned 42.3% a year. Not one of them ended in a loss — the weakest still compounded at 25.6% a year.

25.6%median 42.3%48.4%
Worst window
25.6%
25th percentile
37.6%
75th percentile
45.1%
Best window
48.4%

Worst start: June 201725.6% a year for the 7 years that followed.

Best start: August 201948.4% a year.

Against the Nifty 50: CDSL came out ahead in 100.0% of the 27 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 CDSL 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, CDSL finished ahead of the Nifty 50 in 100.0% of the 27 periods both series cover.

1-year windows

Ahead in 58.6% of 99 periods.

3-year windows

Ahead in 97.3% of 75 periods.

5-year windows

Ahead in 100.0% of 51 periods.

7-year windows

Ahead in 100.0% of 27 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 CDSL'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

CDSLis 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 2017-06-01. Full definitions are on our methodology page.

HELP CENTER

CDSL rolling returns — common questions

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

What are CDSL rolling returns?
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Over 7 years, Central Depository Services (India) Ltd. has been through 27 separate 7 years holding periods — one starting every month. The median returned 42.3% a year, the worst 25.6% and the best 48.4%. 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 CDSL ever lost money over 7 years?
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No — not in any of the 27 7 years periods the record covers. The weakest of them still compounded at 25.6% 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 Central Depository Services (India) Ltd. has been listed.

What is the worst 5 years CDSL has ever had?
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16.3% a year, for the five years beginning July 2021. For contrast the best 5 years returned 75.4% a year, starting December 2019, and the median across all 51 periods was 45.1%. The gap between those two numbers is the part of the outcome that came down to timing rather than to the company.

Does holding CDSL for longer reduce the risk?
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On this record, yes. 1 year outcomes ranged from -46.5% to 304.4% a year — a spread of 350.9%. 7 years outcomes ranged from 25.6% to 48.4%, a spread of 22.8%. 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 CDSL beaten Nifty 50 over 7 years?
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In 100.0% of the 27 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 Central Depository Services (India) 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 CDSL 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 Central Depository Services (India) 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 Central Depository Services (India) 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.