|MFIDFC-D1 -- India Fund|| |
10.41 0.00 0.00%
The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and MFIDFC D1 are completely uncorrelated. Although it is extremely important to respect MFIDFC-D1 price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The way of estimating 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 evaluating MFIDFC-D1 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
MFIDFC-D1 Relative Risk vs. Return Landscape
If you would invest 1,041
in MFIDFC-D1 on August 27, 2018
and sell it today you would earn a total of 0.00
from holding MFIDFC-D1 or generate 0.0%
return on investment over 30
days. MFIDFC-D1 is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than MFIDFC-D1 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
MFIDFC D1 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average MFIDFC D1 is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MFIDFC D1
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days MFIDFC-D1 has generated negative risk-adjusted returns adding no value to fund investors.