|F00000PDGT -- India Fund|| |
INR 128.03 1.12 0.87%
The entity has beta of -0.4857 which indicates as returns on market increase, returns on owning Tata Mid are expected to decrease at a much smaller rate. During bear market, Tata Mid is likely to outperform the market.. Although it is extremely important to respect Tata Mid Cap
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 Tata Mid Cap technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.