Matthews India Fund Quote
| MIDNX Fund | USD 28.10 0.08 0.28% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Matthews India is trading at 28.10 as of the 18th of April 2024; that is -0.28 percent down since the beginning of the trading day. The fund's open price was 28.18. Matthews India has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Matthews India Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, which include borrowings for investment purposes, in publicly traded common stocks, preferred stocks and convertible securities of companies located in India. More on Matthews India Fund
Moving together with Matthews Mutual Fund
| 0.65 | MPACX | Matthews Asia Growth | PairCorr |
| 0.7 | MAPTX | Matthews Pacific Tiger | PairCorr |
| 0.71 | MATFX | Matthews Asia Innovators | PairCorr |
| 0.77 | MSMLX | Matthews Asia Small | PairCorr |
Matthews Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Matthews India's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Matthews India or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Macroaxis Index (View all Themes) |
| Fund Concentration | Matthews Asia Funds, Large Growth Funds, India Equity Funds, Macroaxis Index Funds, India Equity, Matthews Asia Funds, Large Growth, India Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of April 2023 |
| Fiscal Year End | December |
Matthews India Fund [MIDNX] is traded in USA and was established 18th of April 2024. Matthews India is listed under Matthews Asia Funds category by Fama And French industry classification. The fund is listed under India Equity category and is part of Matthews Asia Funds family. The entity is thematically classified as Macroaxis Index. This fund now has accumulated 592.25 M in assets with minimum initial investment of 100 K. Matthews India is currently producing year-to-date (YTD) return of 4.45% with the current yeild of 0.02%, while the total return for the last 3 years was 10.95%.
Check Matthews India Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Matthews Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Matthews Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Matthews India Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Matthews India Fund Mutual Fund Constituents
| CTSH | Cognizant Technology Solutions | Stock | Information Technology |
| TARO | Taro Pharmaceutical Industries | Stock | Health Care |
| SZKMF | Suzuki Motor | Pink Sheet | Auto Manufacturers |
Matthews India Target Price Odds Analysis
Based on a normal probability distribution, the odds of Matthews India jumping above the current price in 90 days from now is about 43.38%. The Matthews India Fund probability density function shows the probability of Matthews India mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Matthews India has a beta of 0.3906. This indicates as returns on the market go up, Matthews India average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Matthews India Fund will be expected to be much smaller as well. Additionally, matthews India Fund has an alpha of 0.0023, implying that it can generate a 0.002327 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Matthews India to move above the current price in 90 days from now is about 43.38 (This Matthews India Fund probability density function shows the probability of Matthews Mutual Fund to fall within a particular range of prices over 90 days) .
Matthews India Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Matthews India market risk premium is the additional return an investor will receive from holding Matthews India long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Matthews India. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Matthews India's alpha and beta are two of the key measurements used to evaluate Matthews India's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6736 | |||
| Semi Deviation | 0.9665 | |||
| Standard Deviation | 0.8982 | |||
| Variance | 0.8068 |
Matthews India Against Markets
Picking the right benchmark for Matthews India mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Matthews India mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Matthews India is critical whether you are bullish or bearish towards Matthews India Fund at a given time. Please also check how Matthews India's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Matthews India without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Matthews Mutual Fund?
Before investing in Matthews India, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Matthews India. To buy Matthews India fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Matthews India. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Matthews India fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Matthews India Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Matthews India Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Matthews India Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Matthews India Fund?
The danger of trading Matthews India Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Matthews India is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Matthews India. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Matthews India is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews India Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .