|101349 -- India Fund|| |
INR 103.65 0.77 0.75%
The entity retains Market Volatility (i.e. Beta) of -0.0259 which attests that as returns on market increase, returns on owning ICICI Pru are expected to decrease at a much smaller rate. During bear market, ICICI Pru is likely to outperform the market.. Although it is extremely important to respect ICICI Pru Nifty
current price history, it is better to be realistic regarding the information on equity current price movements. The approach towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting ICICI Pru Nifty technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future.