Four years ago I subscribed to the HDFC Life Insurance IPO. And I got lucky! I got the minimum quantity of 50 shares with HDFC Life Insurance opening up with a nice 17% gain on first day. After that I bought the share 3 more times. This is how it has performed over these four years.
Return
Over these four years the worth of my investment has never fallen below my invested amount. The dividend yield at cost for me has been around 0.5% with the company declaring dividends thrice over four years. They skipped the COVID-19 year like other companies.
Profit
The V-shape that you see between the period Jan-2020 to Jul-2020 is the COVID-19 market crash and its subsequent recovery. I do regret not being able to buy more during the crash. But the recovery was so quick that I had little to no funds to invest.
XIRR
NOTE: XIRR for initial months varies wildly and is not useful for any analysis. But once the investments complete minimum of 1 year, XIRR gives me a much better picture. So I calculate ‘XIRR (>1 year)’ which calculates XIRR only for the investments which have completed minimum of one year while ‘XIRR’ continues to calculate for all the investments irrespective of how much time has been completed. There are some periods where ‘XIRR’ and ‘XIRR (>1 year)’ calculate to the same amount as for that time all my investments had completed minimum of 1 year.