Which government delivered the most for investors? That’s a pertinent question to ask as we head towards the 2019 Lok Sabha Elections. The five-year return for the Nifty 500 Index, from June 2014 to March 2019, till date is 12.42%. Considering that the market had rallied 20% between February 2014 and May 2014, in anticipation of a BJP-led government, that number looks better by an additional 4% annually. As opposed to this, the Manmohan Singh-led UPA government, berated for its non-performance, especially in the second term, returned 6.48% (June 2009-Jan 2014) and 28.57% (June 2004-May 2009).
While numbers bear