|119318 -- India Fund|| |
INR 1,633 0.81 0.0496%
The entity has beta of -0.0214 which indicates as returns on market increase, returns on owning Union KBC are expected to decrease at a much smaller rate. During bear market, Union KBC is likely to outperform the market.. Although it is extremely important to respect Union KBC UST
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 Union KBC UST technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.