HDFC TaxSaver Fundamental Relationships

HDFCTAXSAVER -- India Fund  

INR 56.41  1.46  2.52%

The Drivers Module shows relationships between HDFC TaxSaver's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of HDFC TaxSaver Div over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

HDFC TaxSaver Div Price to Earning vs. Cash Position Weight Fundamental Analysis

HDFC TaxSaver Div is one of the top funds in cash position weight among similar funds. It is one of the top funds in price to earning among similar funds reporting about  15.50  of Price to Earning per Cash Position Weight.
Percentage of fund asset invested in cash equivalents or risk free instruments. About 40% of all global funds carry cash on their balance sheet.
HDFC TaxSaver 
Cash Percentage 
 = 
% of Cash 
 
in the fund 
=
0.92%
Funds or Etfs that have over 40% of their value invested in low risk instruments or cash equivalents typically attract conservative investors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..In other words, if you start from a lower position your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
HDFC TaxSaver 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
=
14.26X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

HDFC TaxSaver Price to Earning Comparison

HDFC TaxSaver Fundamental Comparison

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