I got lucky with the HDFC Life Insurance IPO and saw Nifty 50 index beating returns for four years. But this year the stock stumbled and as of today HDFC Life Insurance has under performed the Nifty 50 index by good 9%. But I still have conviction in the company and have been increasing my allocation. In fact, 50% of my total investment in the company has been made this year alone. And I intend to continue my investment in future also.
The dividend yield at cost has been small with the latest one being 0.3%.
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