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2 Comments

2. sangargms   I Like It. 4|Report Abuse|  Link|Jan 29, 2020 6:15:12 PMReply
Can someone please explain how dividend given by constituent companies finally comes to investors of ETF? I have both CPSE and Bharat 22 ETF and never received any communication on dividend. I don't think any additional units were ever allocated in lieu of dividend.
2.2. Sandeep   I Like It. |Report Abuse|  Link|Jan 30, 2020 1:01:07 PM
Thanks for replying. As given in above article, dividend yield is 5.52%. And administration cost is negligible. I don't think it makes any sense that dividend received on units held by me is used to pay for redemptions of others (ultimately I hold shares of constituent companies via the ETF). ETF can sell shares in open market for the redemptions (net of purchase and selling of units).
2.3. Prashant   I Like It. 3|Report Abuse|  Link|Jan 31, 2020 8:49:09 AM
Dividends drive an increase in the NAV of the ETF.
1. sangargms   I Like It. |Report Abuse|  Link|Jun 28, 2018 7:35:20 PMReply
Hi. I have SBI demat account. Please tell me how can I apply for this. I have not invested in NCDs before. Thanks.
1.1. AnkurGoel   I Like It. |Report Abuse|  Link|Jun 29, 2018 11:59:52 AM
Login into SBI internet banking. Go to Asba service and choose IPO debt. There you can apply this NCD.
1.2. Navkant   I Like It. |Report Abuse|  Link|Jul 3, 2018 6:19:09 AM
Is the allotment FCFS?