|BOIAXAMANUFA -- India Fund|| |
INR 11.34 0.56 4.71%
The organization shows Beta (market volatility) of -0.2619 which signifies that as returns on market increase, returns on owning BOI AXA are expected to decrease at a much smaller rate. During bear market, BOI AXA is likely to outperform the market.. Although it is extremely important to respect BOI AXA Manufacturing
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach to foreseeing 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 reviewing BOI AXA Manufacturing technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.