Dogs of Nifty : An Investment Plan

Name	Rate	Qty	Investment	Div_Rate	Div_Amt	Yield_Rt
Hero Motocorp	2005.00	25	50125.00	45	1125.00	2.24
GAIL	353.85	141	49892.85	8.7	1226.70	2.46
Bank of Baroda	656.10	76	49863.60	17	1292.00	2.59
Coal India	359.35	139	49949.65	9.5	1320.50	2.64
ONGC	286.05	175	50058.75	7.75	1356.25	2.71
Bajaj Auto	1604.30	31	49733.30	45	1395.00	2.80
Tata Steel	414.45	121	50148.45	12	1452.00	2.90
BHEL	215.65	232	50030.80	6.3	1461.60	2.92
PNB	727.10	69	50169.90	22	1518.00	3.03
BPCL	363.30	138	50135.40	11	1518.00	3.03
			500107.70		13665.05

The strategy calls for investing in the 10 highest dividend yield stocks from the NIFTY  stocks.

Dividend Yield is a value measure  where you divide the latest annual dividends by the current

stock price. So a high dividend yield usually implies stocks whose prices have fallen and are

thus out of favour with investors. Thus was coined "Dogs of the Nifty"!

The strategy requires investing an equal amount in the top 10 dividend yield stocks and rebalancing

the portfolio every year weeding out those that fail the criteria and supplementing the rest with new

stocks that qualify.