Three years as shareholder of SRF

I started invest in SRF three years back, but it is only in this fiscal year that I have significantly increased my investment in SRF. This fiscal year alone I have invested more than 65% of my total investment. This makes my investment very young.

Investment through the years

Returns

During the initial days my investment in SRF was comfortably beating Nifty 50 Index. But as I decided to increase my investment and SRF’s share price going sideways, I am now barely beating Nifty 50 Index. SRF generally announces dividends twice a year, but nothing to be talked about.

The dividend yield at cost mentioned in the chart above, is yield at the date at which I received the dividends. Another way to look at dividend yield is to calculate it for the fiscal year.

Fiscal year	Dividend yield at cost
2020-21	0.44%
2021-22	0.53%
2022-23	0.30%
2023-24	0.13% *

To calculate the dividend yield at cost in the above table I use the below formula.

(Total amount of dividends received in a fiscal year ÷ Total amount invested at the end of fiscal year) × 100

Profit

XIRR

At XIRR of 8%, I am underperforming Nifty 50 Index which would have been at 11%.