Ten years is a long time in investing, especially in equities. But disciplined investing does have its own merits. According to a recent report titled “Sectoral investing in India”, co-authored by Ritika Mankar Mukjerjee and Aditi Singh of Ambit Capital, suggests that fast moving consumer goods (FMCG) and healthcare stocks deliver higher risk-adjusted returns than the market across all time horizons. Consumer durables, too, delivers higher risk-adjusted returns than the market across all time horizons, except the one-year and three-year horizons, the report suggests.