General Trading Chat

travi

Well-Known Member
SBI Dividend Yield Fund NFO opens: Should you invest?
https://www.moneycontrol.com/news/b...und-nfo-opens-should-you-invest-10134831.html

What does NFO mean ? What is the minimum investment ?
How does one invest in such an offer ?
NFO means new fund offer, ie. its a new launch. It can be bought from the MF platforms that we use already or directly from their website.

All details are here.
SBI Dividend Yield Fund (sbimf.com)

IMO, this type of scheme is very fishy(more like marketing). Chasing dividend paying stocks sounds absurd :D

When stocks fall, their dividends also tend to dry up and growth stocks dont pay dividends.
so these guys will chase some sarkari names, TCS, HUL etc and sleep :D

Mid/small/micro companies are also in need of more capital, so their dividends are like a joke.

MRF announces Rs 3 dividend for every share worth Rs 89,000; Twitter users ask firm 'aren't you embarrassed' - BusinessToday
 

Verde

Well-Known Member

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