|F00000H4SN -- India Fund|| |
INR 41.68 2.08 4.75%
The fund owns Beta (Systematic Risk) of 0.1216 which implies as returns on market increase, PNB Met returns are expected to increase less than the market. However during bear market, the loss on holding PNB Met will be expected to be smaller as well.. Although it is extremely important to respect PNB Met Life
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The philosophy towards forecasting 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 analyzing PNB Met Life technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.