At the ET Wealth Expo, S Naren drew attention to the limited number of companies that have remained part of the Sensex over time. Of the stocks that made up the index in 1990, only six survive, according to the presentation highlighted in the source material.
Why the comparison matters
The point formed part of Naren’s case for smarter asset allocation. The example shows how the composition of a major market index can change substantially over the years, with most of its earlier constituents no longer remaining in the group.
For investors, the comparison places emphasis on allocation decisions rather than relying on a fixed set of companies over the long term. It also highlights the changing nature of the Sensex’s constituents.
A long-term investing perspective
Naren’s observation links the survival of six 1990 Sensex stocks with the broader need to think carefully about how investments are allocated. The source does not provide further details on the companies involved or outline specific allocation recommendations.
The central message from the presentation was that the market’s leading companies can change over time, making asset allocation an important consideration for investors.