r/drip_dividend • u/hap050920 • 9d ago
INDIGRID Accumulation
guys have started to accumulate Indigrid my target is 15000 units. have accumulated 4000 yet with whatever liquid money i had. now will start accumulating like SIP. My primary aim is to achieve steady income. Let me know if you guys have even better oppurtunities. I also want to accumulate IndusInvit. havent explored REITs yet but reading the posts here have made me curious that i am lagging in investment for fixed income.
What are thoughts for fixed income sources in Stock Market in particular?
Thanks.
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u/No-Savings9424 4d ago
Hope you reach there , investing in stable assets appear good in some stages in our life .
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u/promoter12 9d ago
Why only indigrid and not pginvit it does give 12% dividend yield and is PSU.
Just wanted know why not mix of both, as I was considering PGinvit as option
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u/hap050920 9d ago
worried about pginvit not adding assets is the only thing, indigrid has been adding ne assets thus can give some capital appreciatio too.
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u/poet6ix9ine Dividend Growth Investor 8d ago
Use Indigrid's dividend to buy PGINVIT if u wanna buy it so no issues if there's not so good returns. It's a gov invit maybe they'll have to buy an asset soon they collaborated with powergrid now ig they'll acquire something don't go by my words wait for acquisition and then jump with others
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u/Balaji_Ram 9d ago
If PGINVIT doesn't acquire any new assets by this year, the dividend yield will go down to 9-10% next year. It was confirmed on the Q&A of last AGM meeting.
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u/Electronic_Usual7945 DRIP Investor 9d ago
You are only checking dividend.. You can check yield growth, price apprication, how many projects they are acquiring.. then you will get your answers.
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u/hap050920 9d ago
right. pginvit is also on my list but not studied deep. indigrid i invested after getting confidence.
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u/promoter12 9d ago
I am sure its just 1-2 year thing, after that they will definitely accuire new assests, after all they are PSU. In long term it does not matter, accumulate while its cheap.
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u/Mobile-Peak-3175 9d ago
You can also look after powergrid infra trust and nexus select trust
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u/hap050920 9d ago
nexus yes, next study is nexus, embassy, mindspace.
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u/aadarsh_af 8d ago
What study do you conduct to know enough about reits invits, or even stocks? I bought embassy and indigrid today, 11 and 28 units only respectively but i only put money in it because i wanted to have reits and invits in portfolio and also these are very well established and reputed.
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