IDFC Banking (India) Fund

IDFC Banking is trading at 10.47 as of the 20th of September 2021; that is 0.0354% increase since the beginning of the trading day. The fund's open price was 10.4663. Equity ratings for IDFC Banking PSU are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2021 and ending today, the 20th of September 2021. Click here to learn more.

IDFC Banking Fund Profile

The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings and Public Financial Institutions . IDFC Banking is traded on Bombay Stock Exchange in India. more on IDFC Banking
IDFC Banking PSU is not yet fully synchronised with the market data
The fund holds about 8.12% of its total net assets in cash
Legal NameIDFC Banking PSU
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 Banking's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Beta In Three Year0.96
Startdate15th of May 2017
IDFC Banking PSU [0P0000YCGL] is traded in India and was established 20th of September 2021. The fund is listed under IDFC Asset Management Company Limited family. IDFC Banking PSU presently has accumulated in total net assets with minimum initial investment of 5 K.
Check IDFC Banking Probability Of Bankruptcy

IDFC Banking Against Markets

Picking the right benchmark for IDFC Banking 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 Banking 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 Banking is critical whether you are bullish or bearish towards IDFC Banking PSU 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 Banking fund to make a market-neutral strategy. Peer analysis of IDFC Banking could also be used in its relative valuation, which is a method of valuing IDFC Banking by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the IDFC Banking PSU information on this page should be used as a complementary analysis to other IDFC Banking'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Tools for 0P0000YCGL Fund

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