IDFC Money (India) Fund

IDFC Money is trading at 32.35 as of the 26th of September 2021, a 0.008 percent increase since the beginning of the trading day. The fund's open price was 32.347401. Equity ratings for IDFC Money Manager are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2021 and ending today, the 26th of September 2021. Click here to learn more.

IDFC Money Fund Profile

To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments. IDFC Money is traded on Bombay Stock Exchange in India. more on IDFC Money
IDFC Money Manager is not yet fully synchronised with the market data
IDFC Money Manager is unlikely to experience financial distress in the next 2 years
The fund holds about 100.0% of its total net assets in cash
Legal NameIDFC Money Manager
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of IDFC Money's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Beta In Three Year1.35
Startdate23rd of August 2008
IDFC Money Manager [0P00005VF7] is traded in India and was established 26th of September 2021. The fund is listed under null category and is part of IDFC Asset Management Company Limited family. IDFC Money Manager presently has accumulated 811 M in total net assets with minimum initial investment of 100.
Check IDFC Money Probability Of Bankruptcy

IDFC Money Target Price Odds Analysis

What are IDFC Money's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IDFC Money jumping above the current price in 90 days from now is about 5.09%. The IDFC Money Manager probability density function shows the probability of IDFC Money fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon IDFC Money has a beta of 0.0049. This suggests as returns on the market go up, IDFC Money average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IDFC Money Manager will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0063, implying that it can generate a 0.006323 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 32.35HorizonTargetOdds Up 32.35 
94.11%90 days
 32.35 
5.09%
Based on a normal probability distribution, the odds of IDFC Money to move above the current price in 90 days from now is about 5.09 (This IDFC Money Manager probability density function shows the probability of 0P00005VF7 Fund to fall within a particular range of prices over 90 days) .

IDFC Money Manager Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IDFC Money market risk premium is the additional return an investor will receive from holding IDFC Money long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IDFC Money. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IDFC Money's alpha and beta are two of the key measurements used to evaluate IDFC Money's performance over the market, the standard measures of volatility play an important role as well.

IDFC Money Against Markets

Picking the right benchmark for IDFC Money fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IDFC Money fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IDFC Money is critical whether you are bullish or bearish towards IDFC Money Manager at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IDFC Money fund to make a market-neutral strategy. Peer analysis of IDFC Money could also be used in its relative valuation, which is a method of valuing IDFC Money by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the IDFC Money Manager information on this page should be used as a complementary analysis to other IDFC Money's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for 0P00005VF7 Fund

When running IDFC Money Manager price analysis, check to measure IDFC Money's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDFC Money is operating at the current time. Most of IDFC Money's value examination focuses on studying past and present price action to predict the probability of IDFC Money's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IDFC Money's price. Additionally, you may evaluate how the addition of IDFC Money to your portfolios can decrease your overall portfolio volatility.
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