Guys, today I noticed these TRI scrips for various sectors. Looks like ETFs. Googling didn't bring up anything useful.
View attachment 44931
Can someone provide more information about it ?
Just from what i recall, i've seen on NSE website.
Now i dont know if your dropdown refers to the same, but TRI means total returns index. That generally means index return with dividend etc
So TRI Nifty 50 is
As of yest, when NS was around 12800, factoring all payouts, it is actually coming up to 18K.
I'm also surprised at this huge return
We should actually use this TRI as benchmark but most of the time we just talk about nifty 50 going from 10k to 12k but that is just the index - earnings.
If you see, companies that go out are weak, those that come in are strong and they deliver even better, so this active churning allows more compounding then the just the Dry NS index values.
TRI must be more like indices, not tradable scrips imo .