Unbroken growth
Companies whose share price rose in every one of the five years before the window opened — whatever sector they came from.
₹5L put in on 1 Sept 2021 and left alone until 1 Sept 2026. Whole shares, dividends counted, nothing rebalanced or sold.
from ₹5L
over 5 years
of the 18 the rule wanted · 5 lost money
₹5L, month by month
16 holdings plus ₹12,176 in cashThe line is the whole position — shares at each month-end, plus dividends as they were paid, plus the cash that never got invested. It is indexed to 100 at the start, so the shape is the return.
The screen, and when it ran
Strictly before the window it is measured overEvery company in the universe was scored on how many of the 5 years ending 1 Sept 2021 its share price rose in. 20 cleared the bar of 5 of 5, across 9 sectors. 4 qualified but were left out because their sector had already contributed its maximum of 3 — that cap is the only thing keeping this pack spread, and it is doing real work.
Not one day of the screen overlaps the window being measured. Screening and measuring over the same years would pick the companies that rose and then report that they rose, which is arithmetic rather than evidence. Everything below is out of sample.
What the rule could actually do with the money
The part most tools skip₹4.9 L bought shares. ₹12,176 could not buy a whole share of anything the rule wanted and sat in cash for the whole 5 years.
Return on the money that was invested: +45.6%. The headline above is lower because it counts the idle cash, which is what would really have happened.
| Large cap | 8 | 50% |
| Mid cap | 5 | 32% |
| Small cap | 3 | 18% |
This pack imposes no size split. The mix above is simply what the screen returned — worth seeing, but it was not aimed at and it is not a miss.
points ahead of the whole-market pack at the same amount over the same window (+31.4%).
Where the return came from
Price movement and dividends, kept apartWhat the shares themselves were worth at the end, less what they cost.
15 of 16 holdings paid something across the 5 years. Dividends are counted as cash when paid and are not reinvested, so nothing here compounds.
Of the ₹2.2 L gained, ₹28,942 arrived as dividends rather than as a higher share price.
The two figures add to the gain exactly — every rupee of return is either a price move or a dividend — and the split matters because they do not behave alike: a dividend is money received, a price gain is only realised if it is sold. The share is not a yield, and a smaller share is not a smaller dividend. It shrinks when prices run, because the denominator grows: across this universe income is about a sixth of the one-year gain and about a twentieth of the five-year gain, from much the same dividends. In a window where prices fell, income can be the only part that was positive.
Sign in to see which companies the rule actually held, and what each one did
Guests see a sample. Members get every company, five-year fundamentals, classified developments, a watchlist and the decision journal.
Sign in with GoogleWhy these sectors
The grouping is a judgement — here is the one that was madeThe strictest reading of continuous growth: not fastest, but never interrupted. Screening to September 2021 it found twenty companies across nine sectors — Hindustan Unilever, Nestlé, Britannia, Trent, HCL Technologies, Astral, Navin Fluorine, Reliance — a recognisable quality list rather than a quirk of the arithmetic. Seven of those twenty were consumer staples, which is exactly why no sector may contribute more than three.
Coverage. 193 of 200 companies in this theme had month-end prices at both ends of the window; the rest were left out rather than filled in. 16 companies were ranked using a share count from a later filing, because nothing had been reported by 1 Sept 2021 — a small look-ahead this page would rather name than hide.
Target split 9/5/4 companies · equal weight inside each size band · prices are month-end closes from the adjusted series, so share counts are on today’s basis.