What is TRI (Total Returns Index)?

Could someone please help me understand what is TRI?

From the below representation, I could see that Nasdaq and S&P 500’s TRI is higher than Nifty’s TRI. Does that mean US stocks gives better returns than Indian stocks?

@ShubhS9 @Prayag @Bhuvan

The chart of indices you see on Kite are price returns indices, they don’t include dividends issued by the underlying companies. A total returns index includes dividends

That means sometimes US markets have higher returns and sometimes, Indian markets have higher returns :slight_smile: There are no guarantees in the markets, and everything is cyclical


@Bhuvan Thanks for the quick response