Baroda ELSS (India) Fund

0P00005X39 -  India Fund  

INR 34.78  0.14  0.40%

Baroda ELSS is trading at 34.78 as of the 21st of June 2021, a -0.4% down since the beginning of the trading day. The fund's open price was 34.92. Baroda ELSS has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Baroda ELSS 96 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2021 and ending today, the 21st of June 2021. Click here to learn more.
 Market Performance
3 of 100
  Odds Of Distress
Less than 35

Baroda ELSS Fund Profile

The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. Baroda ELSS is traded on Bombay Stock Exchange in India. more on Baroda ELSS
The fund holds about 6.73% of its total net assets in cash
Legal NameBaroda ELSS 96
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 Baroda ELSS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Beta In Three Year1.02
Startdate1st of April 2006
Baroda ELSS 96 [0P00005X39] is traded in India and was established 21st of June 2021. The fund is listed under ELSS (Tax Savings) category and is part of Baroda Asset Management India Limited family. Baroda ELSS 96 presently has accumulated 7.95 M in total net assets with minimum initial investment of 500.
Check Baroda ELSS Probability Of Bankruptcy

Instrument Allocation

Baroda ELSS Target Price Odds Analysis

What are Baroda ELSS's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Baroda ELSS jumping above the current price in 90 days from now is about 20.06%. The Baroda ELSS 96 probability density function shows the probability of Baroda ELSS fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Baroda ELSS has a beta of 0.4426. This suggests as returns on the market go up, Baroda ELSS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Baroda ELSS 96 will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Baroda ELSS 96 is significantly underperforming DOW.
 Odds Down 34.78HorizonTargetOdds Up 34.78 
79.73%90 days
 34.78 
20.06%
Based on a normal probability distribution, the odds of Baroda ELSS to move above the current price in 90 days from now is about 20.06 (This Baroda ELSS 96 probability density function shows the probability of 0P00005X39 Baroda fund to fall within a particular range of prices over 90 days) .

Baroda ELSS 96 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Baroda ELSS market risk premium is the additional return an investor will receive from holding Baroda ELSS 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 Baroda ELSS. 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 Baroda ELSS's alpha and beta are two of the key measurements used to evaluate Baroda ELSS's performance over the market, the standard measures of volatility play an important role as well.

Baroda ELSS Against Markets

Picking the right benchmark for Baroda ELSS 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 Baroda ELSS 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 Baroda ELSS is critical whether you are bullish or bearish towards Baroda ELSS 96 at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Baroda ELSS without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the Baroda ELSS 96 information on this page should be used as a complementary analysis to other Baroda ELSS'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 0P00005X39 Baroda fund

When running Baroda ELSS 96 price analysis, check to measure Baroda ELSS'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 Baroda ELSS is operating at the current time. Most of Baroda ELSS's value examination focuses on studying past and present price action to predict the probability of Baroda ELSS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Baroda ELSS's price. Additionally, you may evaluate how the addition of Baroda ELSS to your portfolios can decrease your overall portfolio volatility.
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