|TATAINDEXNIF -- India Fund|| |
INR 60.40 3.34 5.24%
The entity has beta of 0.2843 which indicates as returns on market increase, Tata Index returns are expected to increase less than the market. However during bear market, the loss on holding Tata Index will be expected to be smaller as well.. Although it is extremely important to respect Tata Index Nifty
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 Index Nifty technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.