| Investing SGD 10,000 in Singapore vs India for the next 10 years | |||
| 1 | India Index annualised growth in 10 years | NIFTY 500 | CAGR |
| 01-Apr-13 | 4,486 | 12.65% | |
| 06-Apr-23 | 14,759 | ||
| 2 | SG Index annualised growth in 10 years | FTSE ST index | CAGR |
| 10-Apr-13 | 3,294 | 0.02% | |
| 06-Apr-23 | 3,300 | ||
| Bank Rate | 3.90% | ||
| 3 | SGD/ INR- Currency growth | SGD/ INR | CAGR |
| 14-Apr-95 | 25.96 | 3.13% | |
| 09-Apr-13 | 44.06 | 3.39% | |
| 06-Apr-23 | 61.51 | ||
| A] | Investing SGD 10,000 in Singapore | INR | SGD |
| Investment in Singapore | 615,100 | 10,000 | |
| Interest Earned @ 3.9% | 3.90% | ||
| Future Value after 10 years | 14,661 | ||
| Future Value of SGD/INR after 10 years* | 85.87 | ||
| *Assuming an annual growth rate of 2.30% | |||
| Future Value in INR | 1,258,932 | ||
| CAGR with investment in SGD at 4% interest | 7.43% | ||
| VS | |||
| B] | Investing SGD 10,000 in India | INR | |
| Investment in India | 615,100 | ||
| Future Value after 10 years @ 12% | 2,023,687 | ||
| Future Value after 10 years in SGD | 23,567 | ||
| Future Value after 10 years in SGD post conversion cost @2% | 23,095 | ||
| C = B-A] | Increase in value investing in India over Singapore | 724,281 | |
| Increase in value investing in India in Singapore | 8,435 | ||
| Notes: | |||
| 1 | Shows the annualised growth rate of the Indian equity market wide index as a comparative with the European market. Data from Moneycontrol. | ||
| 2 | We have calculated the growth rate in Singapore as bank interest rate over the past 10 years at 3.90% based on values available on Trading economics. | ||
| 3 | The comparison factors in annualised growth in Singapore at 3.39% and the currency rate SGD/ INR at an annualised rate based on past history. | ||
